(Including projects, budget responsibilities, management of staff, etc.)
Market making in Credit bonds
P&L generation with adequate risk management.
Maintaining up to date market and financial information about the relevant credits.
Promoting BBVA Credit Trading Franchise with sales and BBVA's clients.
Updating internal data about trading portfolio - Risk report, P&L.
Meet internal and external clients' needs/demands. - Give counterparty service in bonds, quote bid/offer prices and increase the flow of orders
Perform dynamic hedging of own market positions, breaking and covering the different risks in coordination with other trading desks
Ensure desk fulfilment with obligations related to primary dealership status
Monitor the market continuously ensuring that trading parameters of valuating models are according to market risks and conditions.
Check desk's daily closing procedures and main trading indicators (P&L, inventory etc.) - Coordinate the update of internal market databases.
Encourage coordination and alignment with other GM desks - Participate in internal committees when required - Report to in-line manager on a periodic basis
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
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 $240-300K. 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, a generous employee benefits package is offered.