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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:

Work for the Global Markets Credit Trading Manager in defining the Investment Grade Credit Bonds trading strategy in the region under his/ her responsibility, focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements:

• Generate recurring income in order to meet the revenues targets that are set each year

• Follow up on all on-going trading activity, helping in solving problems and bottlenecks as needed

• Support the bonds desk in their market making activity, quoting the most relevant transactions, as required. Manage the approval for operations that exceed given risk limits. Focus on promoting the excellence in the service offered to the clients

• Hedge the interest rate risk as needed, ensuring that the risk exposure is balanced so that there is no overexposure to a certain underlying term, currency, etc.

• Be aligned with other Global Markets desks and internal areas. Foster the collaboration with the Sales desks to set commercial targets in order to mainstream the market knowledge and create synergies in the operations profitability and risk management

• Assist Finance CIB and Regulation CIB with views on industry topics that affect Bank’s business.

• Track the bonds flow trading book and activity, monitoring main trading indicators such as P&L and hit/ miss ratio. Assist in solving problems and incidences, as required

• Lead a key role in promoting the bank's positioning within the specific bond business, meeting external customers and encouraging the innovation and efficiency within the team and  stakeholders, with the objective to add value to the customers

• Focus on the analysis of the impact and implications of the markets’ regulatory reforms in the trading tools, valuation models and operating processes

• Ensure that activity complies with both internal and external operational policies, procedures and regulatory requirements

• Introduce the specific bonds activity to both internal and external clients

• Report to the desk head about main performance indicators
• Minimum of 10yrs relevant work experience

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 $220,000 to $300,000. 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-