bbvaBrooklyn, NY
EM and Credit Repo Trader Executive Director
$129.81 - $151.44 per hour
Apply (opens in a new tab)EM and Credit Repo Trader Executive Director
EM and Credit Repo Trader Executive Director
bbvaBrooklyn, NY
7 days ago
$129.81 - $151.44 per hour
International, Secondary Market, and All Other Nondepository Credit IntermediationCommercial BankingInvestment Banking and Securities Intermediation
Apply for this role (opens in a new tab)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:
- Collateral: US Credit, Latam Sovereign, Latam Credit
- Currencies: USD, EUR, COP, CLP, MXN, etc.
- Payoffs: fixed, floating, open
Settlement: bilateral or tripartySFT 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
- Strong communication skills
- Fluent in English, Spanish desirable
- Programming experience a plus
- 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
Also on the board Same function, level within a rung
Level
Manager
Salary
$129.81 - $151.44 per hour
Location
Brooklyn, NY
Occupation
Financial Managers
Industry
International, Secondary Market, and All Other Nondepository Credit Intermediation
Posted
7 days ago