EM and Credit Repo Trader Executive Director

Job Description

Responsible for trading, managing, building and expanding the Americas EM & Credit SFT businesses for BSI and BBVA SA

\n

\n

Responsibilities:

\n

-Trade the existing SFT Americas EM & Credit activity which includes:

\n

\n
• Collateral: US Credit, Latam Sovereign, Latam Credit
\n
• Currencies: USD, EUR, COP, CLP, MXN, etc.
\n
• Payoffs: fixed, floating, open
\n
• Settlement: bilateral or triparty
\n
• SFT Products - Repo, Securities Lending, TRS, Bond Forward, XCCY, Secured Loans
\n

\n

-Grow SFT Americas EM & Credit businesses by expanding existing product capabilities and by adding new products and clients

\n

-Manage SFT positions and hedge risks including: liquidity, balance sheet, interest rates, and FX exposures

\n

-Enhance SFT desk position and risk management tools and processes

\n

-Work closely with the SFT trading and sales teams in the different geographies

\n

-Collaborate closely with middle and back office on settlement and operational issues

\n

-Work with Engineering, Legal, Business Processes, Risk, Middle and Back Office on designing and building SFT infrastructure in BSI or BBVA SA

\n

-Support UST Repo Trading team where possible

\n

\n

Requirements

\n

\n
• In depth SFT product knowledge of Latam Sovereign, EM Credit, and US Credit
\n
• Knowledgeable regarding interest rate swaps, cross-currency swaps, FX spots, FX swaps, NDFs as hedge instruments
\n
• Experience quoting all types of repos, bond forwards, total return swaps using multiple currencies
\n
• Proven risk manager, prudent hedging and trading strategies
\n
• Experience working with Latam Sales and Clients to manage and expand SFT activities
\n
• Minimum 11+ years of work experience in Fixed Income markets, with at least 2 years of experience in SFT / Repo markets
\n
• Strong communication skills and strong leadership skills
\n
• Series 7 and 63
\n
• Technical and analytical
\n
• Strong communication skills
\n
• Fluent in English, Spanish desirable
\n
• Programming experience a plus
\n
• Experience using Bloomberg, Brokertec, GLMX and other trading platforms.
\n
• Experience with Murex a plus
\n

\n

\n

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.

\n

\n

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.

\n

\n

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