Support Associate Jobs in Minnesota

Job Description

What is the opportunity?

The Associate Trader, under the direction of a licensed trader, will assist with billing, trade breaks, and trade allocations in a timely and accurate manner.

This role involves working with trade operations to resolve issues regarding the billing, comparison, settlement, inventory, and regulatory reporting compliance of fixed income products.

What will you do?

Operational Duties – 70%

• Under the direction of a licensed trader, coordinate with trading, correspondents, Financial Advisors, money managers, and Operations to resolve comparison and settlement issues.
• Research issues on the reconcilement and fail reports and correct them in an accurate and timely manner.
• Process all compliance driven corrections, resolving and improving if prices are out of trading range.
• Monitor Fail reports / aged settlements.
• Resolve client trading errors, run error trades, and communicate losses to Financial Advisors.
• Work with trade operations to resolve transaction discrepancies between the various trading and back-office systems.
• Research and respond to complex questions from operations, branch offices, management, and others.
• Serve as a Fixed Income Trade Support subject matter expert on projects.

Projects & Testing – 20%

• Participate in the testing and implementation of system and/or process changes.
• Reduce risk or increase efficiencies by suggesting process changes and system modifications.
• Assist with other projects and activities as assigned by supervisor or manager.

Other 10%

• Perform other job-related duties as needed to accomplish all required tasks.
• Ensure availability to function as a resource to less experienced department personnel.
• Work with operations to ensure Fixed Income Trading adheres to all regulatory reporting requirements (i.e., MSRB, TRACE).

What do you need to succeed?

Must-have

• Bachelor’s degree in finance, business, or related field preferred.
• 1-2 years industry experience.
• SIE and Series 99 or willingness to obtain within 12 months of joining RBC.
• 5 days in-office job with ability to work 29 days from home/annually.
• Proven people skills / known contributor.
• Ability to work closely with business owners & producers.
• Service oriented / meticulous / solution oriented.
• Strong verbal & written communication skills.
• Ability to respond to changes in routine or set guidelines without errors or disruptions.
• Strong customer service and organizational skills and attention to detail.

Nice-to-have

• Proficient use and comprehensive working knowledge of trading and record retention systems such as Tradeweb Direct, FIFE, ICI, Bloomberg, BPS, and PostEdge.
• 3+ years of industry experience.
• Series 7 and 63 or willingness to obtain.
• Trading environment experience.

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 including bonuses and flexible benefits, competitive compensation, commissions, and stock where applicable.
• 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.
• Flexible work/life balance options.
• Opportunities to do challenging work.
• Opportunities to take on progressively greater accountabilities.
• Access to a variety of job opportunities across business.

The expected salary range for this particular position is $50,000-$80,000, 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

Bond Trading, Confidentiality, Customer Service, Detail-Oriented, Investment Banking, Investment Banking Analysis, Securities Laws, Standard Operating Procedure (SOP), Trade Client Reporting, Trade Processing

Additional Job Details

Address:

250 NICOLLET MALL:MINNEAPOLIS

City:

Minneapolis

Country:

United States of America

Work hours/week:

40

Employment Type:

Full time

Platform:

WEALTH MANAGEMENT

Job Type:

Regular

Pay Type:

Salaried

Posted Date:

2026-05-27

Application Deadline:

2026-06-30

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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Expand your limits and create a new future together at RBC. Find out how we use our passion and drive to enhance the well-being of our clients and communities at jobs.rbc.com.

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.