Analyst

RBC is seeking an Analyst to support the UK and EUR Liability-Driven Investment (LDI) sales teams by executing client flow trades, generating trade ideas, and providing market colour and insights to the trading desk.

The incumbent will maintain and update trader positioning axes, manage and develop key client relationships, and become a product expert in insurance markets and LDI strategies.

Responsibilities

• Execute client flow trades across rates and LDI products, ensuring efficient and accurate trade execution while maintaining strong client service standards
• Develop and present trade ideas to the trading desk, identifying opportunities that align with client needs and market conditions
• Maintain and regularly update trader positioning axes to ensure accurate risk management and real-time market understanding
• Provide real-time market colour and insights to the trading desk, keeping teams informed of client flows, market moves, and emerging opportunities across UK and EUR rates markets
• Manage and develop relationships with institutional insurance company clients, understanding their investment objectives, liability profiles, and hedging strategies
• Develop a deep understanding of insurance market dynamics, client needs, and the evolving regulatory and accounting landscape affecting LDI strategies
• Produce market analysis and commentary that demonstrates sector expertise and supports the sales team's positioning to clients
• Collaborate with the rate sales team, LDI traders, and cross-functional support functions to drive strategy and market positioning

Requirements

• Degree level qualification or equivalent experience
• Notable experience in rates markets, LDI strategies, and fixed income derivatives
• Strong client-facing skills, market knowledge, and sales acumen
• Experience in trade execution, sales support, or similar client-driven roles is required
• Excellent numerical and analytical skills, with good understanding of liability-driven investment strategies and insurance sector dynamics
• Strong attention to detail, well-developed interpersonal skills and excellent communication skills

Nice to Have

• Direct experience in LDI sales or trading
• Knowledge of insurance accounting standards and regulatory requirements affecting insurance companies
• Experience building client relationships and presenting solutions to institutional investors
• Familiarity with rates trading platforms, market data systems, and trading technology

What is in it for you?

• A comprehensive Total Rewards Program including bonuses, flexible benefits and competitive compensation
• Leaders who support your development through coaching and managing opportunities
• Opportunities to work with the best in the field
• Ability to make a difference and lasting impact
• Work in a dynamic, collaborative, progressive, and high-performing team