At a Glance
- Tasks: Lead trading strategy and manage a dynamic team in a fast-paced environment.
- Company: BBVA, a global leader with over 160 years of experience.
- Benefits: Competitive salary, flexible location, and opportunities for professional growth.
- Why this job: Make a real impact in the trading world while working with innovative solutions.
- Qualifications: 7+ years in trading roles, strong leadership, and technical skills.
- Other info: Join a diverse team and be part of a global network.
The predicted salary is between 43200 - 72000 £ per year.
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.
EGBs - European Government Bonds. A team of 8 market makers split between London and Madrid. OAT market maker, Asset swap specialist, Core EGBs. Strongly oriented to big institutional investors.
About the job:This opportunity is open to Executive Director/ Managing Director profiles.
- Lead the definition and implementation of the product strategy (Franchise & Trading), being responsible for the trading, profitability and risk taken under his country/region of supervision. Ensure full integration of the value chain of the business (Sales, Trading, Research, eSales, eSupport).
- Collaborate with the GM Senior Trading Manager in defining the trading strategy, focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements.
- Generate recurrent income to meet the revenue targets set each year within the GM trading desks, notably those under his/her region.
- Lead the unit trading desks’ coordination in his/her region, delegating tasks amongst his/her team based on their product specialization, seniority and workload. Follow-up and supervise all ongoing trading activity.
- Support the trading desks in their market making/pricing activity, quoting the most relevant transactions, as required.
- Supervise the trading unit desk hedging under his/her region, ensuring that the global risk exposure is balanced so that there is no overexposure to a certain underlying asset, term, currency, etc.
- Track the unit’s trading desk activity, monitoring main trading indicators such as P&L and hit/miss ratio. Assist in solving problems and incidences.
- Promote the bank's positioning within the different trading products' (FX, Equity, Rates etc.) market as a provider of innovative and ad-hoc trading solutions for customers under his/her region/country.
- Drive the development and improvement of the different electronic trading platforms and valuation models, seeking to adapt the systems/models to any operational and regulatory changes.
- Coordinate with Policies & Procedures CIB for the adaptation of the Global trading operating procedures to regulatory changes and with Internal Control CIB for monitoring compliance with the established trading framework.
- Participate in the strategic and pipeline committees of the Global Trading Units and Global Markets units.
- Manage all staffing issues alongside GM Senior Trading Manager and CIB HR.
- Report to the GM Senior Trading Manager on a periodic and ad-hoc basis about main unit projects and performance indicators.
Previous experience: 7+ years experience in similar roles.
Qualifications and technical knowledge: Bloomberg, ION. IT transformation management.
Language skills: English.
Soft skills: Ability to interact with clients and sales, Team player, Results oriented, Respectful with internal rules and regulations.
While this position is listed as London based, there is flexibility for the successful candidate to be located in Madrid or London.
Skills: Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking.Don’t miss any opportunity and upload your CV! You will join our Talent Community so that we can send you future opportunities that match your profile.
Core EGB Trader employer: BBVA Group
Contact Detail:
BBVA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Core EGB Trader
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at BBVA. A friendly chat can sometimes lead to insider info or even a referral.
✨Tip Number 2
Prepare for interviews by researching the company and its trading strategies. Knowing the ins and outs of EGBs and how BBVA operates will show you're genuinely interested and ready to contribute.
✨Tip Number 3
Practice your pitch! Be ready to explain how your experience aligns with the role of Core EGB Trader. Highlight your past successes and how they can translate into value for BBVA.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll join our Talent Community for future opportunities that match your profile.
We think you need these skills to ace Core EGB Trader
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Core EGB Trader role. Highlight relevant experience and skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role and how your background aligns with our needs. Keep it engaging and professional.
Showcase Your Achievements: Don’t just list your responsibilities; showcase your achievements! Use numbers and specific examples to demonstrate how you've made an impact in previous roles. We love seeing results-oriented candidates!
Apply Through Our Website: For the best chance of success, apply directly through our website. This ensures your application gets to the right people quickly. Plus, you'll be joining our Talent Community for future opportunities!
How to prepare for a job interview at BBVA Group
✨Know Your Numbers
As a Core EGB Trader, you'll need to be sharp with your financial metrics. Brush up on key trading indicators like P&L and hit/miss ratios. Be ready to discuss how you've used these metrics in past roles to drive profitability and manage risk.
✨Understand the Market Landscape
Familiarise yourself with the current trends in European Government Bonds and related markets. Being able to discuss recent developments or regulatory changes shows that you're proactive and engaged with the industry.
✨Showcase Your Leadership Skills
This role involves leading teams and coordinating trading desks. Prepare examples of how you've successfully managed teams, delegated tasks, and driven results in previous positions. Highlight your ability to foster collaboration and meet targets.
✨Prepare for Technical Questions
Expect questions about Bloomberg, ION, and other trading platforms. Brush up on your technical knowledge and be ready to discuss how you've leveraged technology to improve trading strategies or operational efficiency in your past roles.