- Salary
- $165k – $200k
- Location
- BROOKFIELD PLACE FKA 3 WORLD FINANCIAL CENTER, 200 VESEY STREET:NEW YORK, United States of America
- Type
- Full-time
- Seniority
- Entry
- Closing date
- Today
- Source
- Workday
Description
Job Description
What is the opportunity?
RBC Capital Markets is seeking an Associate Equity Derivative Structurer to join its Structuring team within the Global Equity Derivatives franchise. In this role, you will design, price, and support the development of structured equity products and exotic derivatives, working collaboratively with traders, sales teams, and quantitative specialists. This role offers exposure to innovative, client-centric product development combined with structured product engineering, requiring both strong technical acumen and commercial instincts to deliver solutions that generate tangible impact for clients and the franchise
What will you do?
- Price equity derivative products including autocallables, barrier notes, range accruals, knockout structures, and cliquet features.
- Understand existing pricing models and develop new payoffs and pricing frameworks for exotic structures; perform sensitivity analysis and stress testing across market scenarios.
- Work closely with the trading desk on pricing, hedging feasibility, and risk assessment for new structured products, ensuring proposed trades are executable and aligned with desk risk appetite.
- Partner with sales teams across North America (with a US focus) to understand client needs, provide structuring ideas, and support the origination pipeline with compelling trade proposals, term sheets, and marketing materials.
- Engage with institutional clients—including asset managers, private banks, insurance companies, and corporates—to present structured products, respond to client enquiries, and build lasting relationships.
- Produce high-quality marketing materials, payoff analyses, scenario analyses, and back-tests to support client discussions and internal approvals.
- Monitor market conditions, volatility surfaces, correlation dynamics, and product trends to identify structuring opportunities and stay ahead of client demand for innovative products.
- Lead and support global analysis of pricing competitivity across equity derivative markets, identifying market opportunities, competitive gaps, and optimal pricing strategies for structured products.
- Contribute to automation initiatives aimed at streamlining structuring processes, reducing manual touchpoints, and improving operational scalability across the franchise.
- Collaborate with quantitative analysts, technology teams, and index specialists on model validation, pricing tool enhancements, governance frameworks, and workflow improvements for the structuring desk.
What do you need to succeed?
·
- Proven experience as an equity derivatives structurer at a major investment bank, with a strong focus on light exotics and structured products.
- In-depth technical knowledge of equity derivative payoffs including autocallables, barrier options, worst-of, best-of, lookback, cliquet, variance swaps, correlation swaps, covariance structures, and digital structures.
- Strong quantitative and analytical background—typically a degree in Mathematics, Physics, Engineering, Financial Engineering, or a related quantitative discipline.
- Excellent client-facing skills with a track record of structuring and presenting derivative solutions to investors.
- Strong proficiency in Python and familiarity with pricing libraries, Monte Carlo simulation, and risk analytics platforms.
- Commercially driven mindset with the ability to balance innovation with pragmatism and deliver trades that are both impactful for clients and profitable for the desk.
Preferred Qualifications
- Hands-on experience with technology infrastructure development, automation frameworks, and process optimization in financial environments.
- Experience structuring risk recycling trades and working with trading to identify and monetize inventory risk through client-facing solutions.
- Familiarity with structured product distribution across North America (with a US focus), including private bank and insurance channels, and awareness of wrapper-specific requirements.
- Knowledge of ISDA documentation, CSA terms, and the operational lifecycle of structured derivatives trades.
- CFA, FRM, or equivalent professional qualifications are a plus but not essential.
What’s in it for you?
We thrive on the challenge to be our best, progressive thinking to keep growing, and working together to deliver trusted advice to help our clients thrive and communities prosper. We care about each other, reaching our potential, making a difference to our communities, and achieving success that is mutual.
* A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
* Leaders who support your development through coaching and managing opportunities.
* Ability to make a difference and lasting impact.
* Work in a dynamic, collaborative, progressive, and high-performing team.
* Opportunities to do challenging work.
* Opportunities to build close relationships with clients.
The expected salary range for this particular position is $165,000-$200,000 depending on your experience, skills, and registration status, market conditions and business needs.
You have the potential to earn more through RBC’s discretionary variable compensation program which gives you an opportunity to increase your total compensation, provided the business meets its performance targets and you meet your individual goals.
RBC’s compensation philosophy and principles recognize the importance of a highly qualified global workforce and plays a critical role in attracting, engaging and retaining talent that:
* Drives RBC’s high-performance culture
* Enables collective achievement of our strategic goals
* Generates sustainable shareholder returns and above market shareholder value
Job Skills
Adaptability, Critical Thinking, Customer Service, Detail-Oriented, Exotic Derivatives, Financial Derivatives, Financial Engineering, Innovative Products, Investments Analysis, Market Opportunities, Personal Development, Personal Initiative, Pricing Models, Pricing Tools, Structured Products, Teamwork, Term SheetsAdditional Job Details
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Note: Applications will be accepted until 11:59 PM on the day prior to the application deadline date above
Our Employment Opportunities
At RBC, we are guided by living shared values of Client First, Integrity, Collaboration, Respect and Excellence and winning together as One RBC. We believe an inclusive workplace that has diverse perspectives is core to our continued growth as one of the largest and most successful banks in the world. Maintaining a workplace where our employees feel supported to perform at their best, effectively collaborate, drive innovation, and grow professionally helps to bring our Purpose to life and create value for our clients and communities. RBC strives to deliver this through policies and programs intended to foster a workplace based on respect, belonging and opportunity for all.
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RBC is presently inviting candidates to apply for this existing vacancy. Applying to this posting allows you to express your interest in this current career opportunity at RBC. Qualified applicants may be contacted to review their resume in more detail.