At a Glance
- Tasks: Lead trading strategies and manage a dynamic team in a fast-paced environment.
- Company: Join BBVA, a global leader with over 160 years of history.
- Benefits: Competitive salary, flexible location, and opportunities for professional growth.
- Why this job: Make an impact in the trading world while working with innovative financial solutions.
- Qualifications: 7+ years in trading roles, strong analytical skills, and team leadership experience.
- Other info: Collaborative culture with diverse teams across London and Madrid.
The predicted salary is between 72000 - 108000 £ 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. Make sure that there is a 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 in order to meet the revenue targets that are 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.
- Focus on delivering - 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.
- Lead a key role in promoting 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.
- Drive the coordination with Policies & Procedures CIB for the adaptation of the Global trading operating procedures to regulatory changes and with Internal Control CIB for monitoring the 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.
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 in London employer: BBVA Group
Contact Detail:
BBVA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Core EGB Trader in London
✨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 their approach to EGBs will help you stand out and show you're genuinely interested.
✨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 benefit BBVA.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, you’ll join our Talent Community for future opportunities.
We think you need these skills to ace Core EGB Trader in London
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, especially your trading and risk management expertise.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of your past achievements in trading and how they align with our goals at BBVA.
Showcase Your Soft Skills: Don’t forget to highlight your soft skills! We value teamwork, empathy, and results-oriented attitudes, so make sure to weave these into your application.
Apply Through Our Website: For the best chance of success, apply directly through our website. This way, we can easily track your application and keep you updated on your progress!
How to prepare for a job interview at BBVA Group
✨Know Your EGBs
Make sure you brush up on your knowledge of European Government Bonds. Understand the current market trends, key players, and how they impact trading strategies. This will show your potential employer that you're not just familiar with the terminology but also engaged with the market.
✨Demonstrate Leadership Skills
As a Core EGB Trader, you'll need to lead teams and coordinate trading desks. Prepare examples from your past experiences where you've successfully led a team or managed a project. Highlight your ability to delegate tasks effectively and ensure everyone is aligned with the trading strategy.
✨Showcase Your Analytical Skills
Be ready to discuss how you track trading indicators like P&L and hit/miss ratios. Bring examples of how you've used data to make informed decisions in previous roles. This will demonstrate your analytical mindset and your ability to drive results.
✨Prepare for Regulatory Questions
Given the importance of compliance in trading, be prepared to discuss your understanding of regulatory requirements. Familiarise yourself with recent changes in trading regulations and be ready to explain how you've adapted to these in your previous roles.