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.
Responsibilities
Collaborate with the FX and Interest Rates Linear Trading Desk Manager in defining the desk strategy, focusing on meeting internal and external customer needs/demands and complying with the risk and regulatory requirements
Give counterparty service in Flow FX and Interest Rates Linear products to client’s requests submitted by the Sales team. Quote bid/ offer prices, focusing on increasing the flow of FX and Interest Rate deals by promoting the excellence in the trading services offered to the clients
Perform dynamic risk management of the FX portfolio. Focus on breaking and covering the different risks in coordination with other trading desks. Maintain the risks within the acceptable/ allowed risk limits
Monitor the market continuously, being in permanent contact with other market participants/ counterparties. Focus on adjusting and updating the trading parameters of his/ her valuating models to the market risks and conditions
Register all trades/ transactions in BBVA internal applications. Assist middle and back office in the transactions’ settlement, in order to minimize operational risk and/ or solve incidences. Verify the orders’ compliance and control in case of contingency, system failure and incidences
Carry out the daily closing processes, verifying that the book risks are identified and controlled and the positions are correctly informed in the internal systems. Revalue all the books with end of day market data, verifying market changes and explaining sensitivities. Update market data for end of day revaluation
Collaborate closely with the Flow FX and Interest Rates Linear Trading desks of other regions to coordinate the management of the global trading book in the different time zones
Update the FX and Interest Rates Linear in the databases that are used by all Global Market traders in pricing. Collaborate with other Trading desks in updating the FX trading handbook, framework and pricing rules documentation. Review pricing methodologies in exotic deals, understanding of pricing tools and methodologies
Liaise alongside with other FX and Interest Rates Trading desks to coordinate the risk management strategy and share market and clients’ needs knowledge. Promote the generation of synergies in the in the global FX and Interest Rates pricing and risk management strategy
Collaborate with Quants and Structuring teams to develop valuation models and structured FX and Interest Rates products, respectively
Work with Algorithmic Strat & Data Science team to apply new solutions / capabilities to the business
Comply with both internal and external operational policies, procedures and regulatory requirements
Generate recurrent income complying with the budget and the hit/ miss target set for the products/ assets under his/ her responsibility
Participate in strategic committees when required
Report to in-line manager on an ad-hoc and periodic basis
Qualifications
-Bachelor's Degree Required
-FINRA Series 7 & 63 Licenses Required
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 $180,000 to $215,000. 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
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: disabilityaccessjobs.us@bbva.com 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.