Vice President, Equity Derivatives Structure at Royal Bank of Canada

City of London, England, United Kingdom -

Full Time

Start Date

Immediate

Expiry Date

01 Aug, 26

Salary

0.0

Posted On

03 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Equity derivatives, Structuring, Light exotics, Hybrid payoffs, Risk recycling, Autocallables, Barrier options, Python, Monte Carlo simulation, Pricing libraries, Risk analytics, Financial engineering, Quantitative analysis, Hedging dynamics, Correlation products

Industry

Financial Services

Description

Job Description What is the opportunity? RBC Capital Markets is seeking a VP-level Equity Derivatives Structurer to join its Structuring team within the Global Equity Derivatives franchise. The successful candidate will focus on light exotics, hybrid payoffs, and risk recycling trades, acting as a critical link between trading, sales, and clients. This is a high-visibility role that demands deep technical expertise in equity derivative and hybrid payoff design, combined with strong commercial instincts and the ability to deliver innovative, executable solutions that generate tangible impact for clients and the franchise. What will you do? Design, structure, and price light exotic equity derivative products including autocallables, barrier options, worst-of structures, cliquet features, and digitals across single-name and index underlyings. Develop hybrid payoffs that combine equity underlyings with rates, credit, or FX components, delivering cross-asset solutions tailored to client investment objectives and risk appetite. Identify and execute risk recycling opportunities by sourcing and structuring trades that offset or monetise existing book risk, improving the desk's overall risk profile and P&L efficiency. Work closely with the trading desk on pricing, hedging feasibility, and risk assessment for new structures, ensuring that proposed trades are executable and within the desk's risk appetite. Partner with sales teams across EMEA and the US to understand client needs, provide structuring ideas, and support the origination pipeline with compelling, well-articulated trade proposals and termsheets. Engage directly with institutional clients - including asset managers, private banks, insurance companies, and corporates - to present structured solutions, respond to 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 funding levels to identify structuring opportunities and stay ahead of client demand. Collaborate with quantitative analysts and technology teams on model validation, pricing tool enhancements, and workflow improvements for the structuring desk. Ensure all structured products comply with relevant regulatory requirements including PRIIPS, MiFID II, BMR, and internal risk and compliance policies. What do you need to succeed? Must-have 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. Solid understanding of hybrid payoff construction and the interaction between equity, rates, credit, and FX risk factors within structured products. Strong quantitative and analytical background - typically a degree in Mathematics, Physics, Engineering, Financial Engineering, or a related quantitative discipline. Demonstrated ability to work effectively with trading desks on pricing, risk recycling, and book management, with an intuitive understanding of Greeks and hedging dynamics of correlation products. Excellent client-facing skills with a track record of structuring and presenting derivative solutions to institutional 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. Nice-to-have Experience structuring risk recycling trades and working with trading to identify and monetise inventory risk through client-facing solutions. Hands-on experience with equity-rates or equity-credit hybrid products, including callable range accruals, equity-linked notes with rate floors, or contingent coupon structures. Familiarity with structured product distribution across EMEA, 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 is 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, 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 A world-class training program in financial services. Agency Notice RBC Group does not accept agency resumés. Please do not forward resumés to our employees, nor any other company location. RBC Group only pay fees to agencies where they have entered into a prior agreement to do so and in any event do not pay fees related to unsolicited resumés. Please contact the Recruitment function for additional details. Job Skills Additional Job Details Address: 100 BISHOPSGATE:LONDON City: London Country: United Kingdom Work hours/week: 35 Employment Type: Full time Platform: CAPITAL MARKETS Job Type: Regular Pay Type: Salaried Posted Date: 2026-04-14 Application Deadline: 2026-05-05 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. Join our Talent Community Stay in-the-know about great career opportunities at RBC. Sign up and get customized info on our latest jobs, career tips and Recruitment events that matter to you. 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.

Responsibilities

Design, structure, and price light exotic equity derivative products while developing hybrid payoffs across various asset classes. Collaborate with trading desks and sales teams to execute risk recycling trades and provide innovative solutions to institutional clients.