Trading associate lead

Excited to grow your career?

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.

About the job:

Efficiently manage a Latam credit portfolio and meet or exceed predetermined USD budget expectations.

Develop and maintain relationships with the Latam credit investor base across geographies.
Foster internal communication within the bank’s teams and spread knowledge of the product.
Monitor the desk’s activity and its proper flow through the bank’s systems. Work with support teams in developing internal accounting, trade analysis and management tools for the desk.



Responsibilities

• Manage positions, risks, and P&L in Latam credit portfolios using bonds, Treasuries, and futures while simultaneously making markets by providing liquidity to clients, trading within authorized limits, and meeting or exceeding predetermined USD budget expectations. Generate and grow relationships with the Latam credit investor base across geographies and actively attempt to match buy and sell orders in cooperation with salespeople. Participate and encourage internal communication within the bank’s teams and spread knowledge of the product by constantly maintaining salespeople informed with pertinent market information, analysis, and guidance on potential trade opportunities. Ensure proper flow, correct, and timely entry of trades into the bank’s systems while maintaining constant communication and engaging corresponding support teams in resolving any and all issues that may arise, from trade amendments and cancellations to settlement problems. Work with various support teams including eCommerce, Algorithmic Strategies and Data Science developers, ANS Fixed Income (ION), and IT in developing technological advancements for the desk, including internal accounting, trade analysis, and management tools. Abide by all US regulatory requirements (FINRA and others)

• Enhance capability of the desk’s trading system in order to provide valuable market and past activity insight that traders can use to trade on.
  Efficiently manage a Latam credit portfolio and meet or exceed predetermined USD budget expectations. Monitor the desk’s activity and its proper flow through the bank’s systems.
  
  

Education/Experience

• Bachelor’s degree in Finance, Economics, Engineering, Mathematics or Physical Sciences and a minimum of around five (5) years of experience within credit trading business, trader or desk analyst. Work experience may not substitute for education requirement

• Excellent knowledge of eCommerce platforms and their connectivities.

• Strong familiarity with the macro situation worldwide

• Strong understanding of corporate credit risk including the ability to understand in detail companies’ balance sheets and income statements. Very good exposure to all the major economic sectors (industrials, consumer goods, power, energy, TMT, real estate, mining and metals retail and infrastructure)

• Strong understanding of bond covenants

• Excellent familiarity with all major US and London-based Credit funds that manage US & Europe Latam bond issues in USD

• Extensive experience with the US Treasuries market

• Proficient in Bloomberg, Excel, Murex and Star
  
  

Lic/Cert/Reg
Required: Series 7 and 63
Preferred: None preferred

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

With respect to this position in our New York Office, the expected base salary ranges from $150,000 to $185,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

• Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

Legal requirements

It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: [email protected] or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.

• The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.

EEO Statement

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

View the " EEO is the Law " & " View the EEO is the Law Supplement Poster " poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.