ANALYST INTEREST RATE DERIVATIVES
WHAT IS THE OPPORTUNITY?
Participates in all aspects of the sales and trading on interest rate risk management (IRRM) solutions with Bank clients and prospects. This encompasses educational efforts, internal and external presentations, product and pricing support, relationship and business development. The IRRM Analyst plays a crucial role in client interaction in coordination with the Relationship Manager
Capital Markets Division
City National's Capital Markets Division ("CNBCM") takes a market research and analysis driven advisory approach to deliver customized, best-in-class solutions for our clients. Comprised of Loan Syndications, Global Markets Sales & Trading, International Banking & Trade Finance, and Supply Chain Finance businesses, CNBCM helps clients to achieve their strategic goals by helping to optimize capital structure, structure working capital solutions to improve liquidity and cash flow, mitigate foreign exchange and interest rate market risks, and support cross border activities.
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What you will do
- Preparing swap materials to facilitate IRRM product presentation to clients.
- Determining client eligibility as required by the Dodd-Frank Act.
- Educating and training prospects, clients, colleagues, and line units with regards to interest rates, foreign exchange, economic and market conditions.
- Strictly adhering to all aspects relating to the management and trading of derivative transactions including: complying with all Bank and Divisional policies and procedures; observing trading and credit limits; meeting customer suitability and documentation requirements
- Develops and maintains a close working relationship with the Bank's line Relationship Managers in order to provide their clients and prospects with appropriate products.
- Develops and maintains close contact with market counterparties and stays abreast on new hedging strategies, opportunities, and market conditions
Must-Have
- Bachelor's Degree
- Minimum 2 years financial analysis experience
- Minimum 2 years banking or financial services industry experience
Skills and Knowledge
- Good understanding of economics and capital markets.
- Excellent written and verbal communication skills.
- Ability to work under time constraints in a fast paced trading environment
- Proficiency with Microsoft Office Suite required, Bloomberg preferred
Compensation
Starting base salary: $34.55 - $55.19 per hour. Exact compensation may vary based on skills, experience, and location. This job is eligible for bonus and/or commissions.
To be considered for this position you must meet at least these basic qualifications
The preceding job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.
Benefits and Perks
At City National, we strive to be the best at whatever we do, including the benefits and perks we offer our colleagues. Get an inside look at our Benefits and Perks.
INCLUSION AND EQUAL OPPORTUNITY EMPLOYMENT
City National Bank is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or any other basis protected by law.'
ABOUT CITY NATIONAL
We start with a basic premise: Business is personal. Since day one we've always gone further than the competition to help our clients, colleagues and community flourish. City National Bank was founded in 1954 by entrepreneurs for entrepreneurs and that legacy of integrity, community and unparalleled client relationships continues to drive phenomenal growth today. City National is a subsidiary of Royal Bank of Canada, one of North America's leading diversified financial services companies.