About this opportunity
BBVA lists this EM and Credit Repo Trader Executive Director opportunity in new york, New York. Review the employer’s description below for duties, qualifications and application requirements.
Job description
Responsible for trading, managing, building and expanding the Americas EM & Credit SFT businesses for BSI and BBVA SA
Responsibilities:
Trade the existing SFT Americas EM & Credit activity which includes:
Payoffs: fixed, floating, open
Settlement: bilateral or triparty
SFT Products - Repo, Securities Lending, TRS, Bond Forward, XCCY, Secured Loans
Grow SFT Americas EM & Credit businesses by expanding existing product capabilities and by adding new products and clients
Manage SFT positions and hedge risks including: liquidity, balance sheet, interest rates, and FX exposures
Enhance SFT desk position and risk management tools and processes
Work closely with the SFT trading and sales teams in the different geographies
Collaborate closely with middle and back office on settlement and operational issues
Work with Engineering, Legal, Business Processes, Risk, Middle and Back Office on designing and building SFT infrastructure in BSI or BBVA SA
Support UST Repo Trading team where possible
Requirements
In depth SFT product knowledge of Latam Sovereign, EM Credit, and US Credit
Knowledgeable regarding interest rate swaps, cross-currency swaps, FX spots, FX swaps, NDFs as hedge instruments
Experience quoting all types of repos, bond forwards, total return swaps using multiple currencies
Proven risk manager, prudent hedging and trading strategies
Experience working with Latam Sales and Clients to manage and expand SFT activities
Minimum 11+ years of work experience in Fixed Income markets, with at least 2 years of experience in SFT / Repo markets
Strong communication skills and strong leadership skills
Series 7 and 63
Technical and analytical
Experience using Bloomberg, Brokertec, GLMX and other trading platforms.
Experience with Murex a plus
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 $270,000 to $315,000. 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 position
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Worksite address
new york, NY, 10261, US
Who can apply
Review the original listing for work authorization, qualifications and employer requirements.