Core EGB Trader

Core EGB Trader

Full-Time 72000 - 108000 £ / year (est.) Home office (partial)
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BBVA

At a Glance

  • Tasks: Lead trading strategy and profitability for European Government Bonds in a dynamic team.
  • Company: BBVA, a global leader with over 160 years of history and diverse teams.
  • Benefits: Competitive salary, flexible location, and opportunities for professional growth.
  • Why this job: Make a real impact in the financial markets while collaborating with top professionals.
  • Qualifications: 7+ years in trading roles, strong analytical skills, and team-oriented mindset.
  • Other info: Join a forward-thinking company that values innovation and client relationships.

The predicted salary is between 72000 - 108000 £ per year.

Excited to grow your career at BBVA, a global company with more than 160 years of history that operates in over 25 countries, serving more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with diverse profiles including 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/her 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 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 to avoid overexposure to certain underlying assets, terms, currencies, etc.
  • Track the units' trading desk activity, monitoring main trading indicators such as P&L and hit/miss ratio.
  • Assist in solving problems and incidents.
  • Promote the bank's positioning within 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 different electronic trading platforms and valuation models, adapting systems/models to operational and regulatory changes.
  • Coordinate with Policies & Procedures CIB for the adaptation of 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.

Academic Degree: Undergraduate degree.

Previous experience: 7 years 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 of 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.

Employment Type: Full-Time

Experience: 7 years

Vacancy: 1

Core EGB Trader employer: BBVA

At BBVA, we pride ourselves on being a dynamic and inclusive employer that fosters a culture of collaboration and innovation. With over 121,000 professionals across the globe, we offer exceptional growth opportunities and a supportive environment where your contributions are valued. Our London and Madrid locations provide a unique blend of vibrant city life and professional development, making it an ideal place for ambitious individuals to thrive in the fast-paced world of European Government Bonds.
BBVA

Contact Detail:

BBVA 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 professionals in the finance and trading sectors, especially those who work with EGBs. Use platforms like LinkedIn to connect and engage with them; you never know who might have the inside scoop on job openings.

✨Tip Number 2

Prepare for interviews by brushing up on your market knowledge. Be ready to discuss recent trends in European Government Bonds and how they impact trading strategies. Show us that you're not just a candidate, but a knowledgeable player in the field!

✨Tip Number 3

Practice your pitch! You’ll want to clearly articulate your experience and how it aligns with the role of Core EGB Trader. Make sure to highlight your previous successes in trading profitability and risk management to impress potential employers.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to engage directly with us.

We think you need these skills to ace Core EGB Trader

Product Strategy Development
Trading Profitability Management
Risk Management
Market Making
Asset Swap Specialisation
Collaboration with Senior Trading Managers
Revenue Generation
Team Coordination
Trading Activity Supervision
P&L Monitoring
Problem Solving
Electronic Trading Platforms Development
Regulatory Compliance
Staff Management
Client Interaction

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Core EGB Trader role. Highlight your relevant experience, especially in trading and risk management, and don’t forget to mention any specific skills like Bloomberg or ION that are mentioned in the job description.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this opportunity at BBVA and how your background aligns with their needs. Be sure to show off your understanding of the trading landscape and your ability to meet customer needs.

Showcase Your Soft Skills: BBVA values soft skills just as much as technical ones. In your application, make sure to highlight your teamwork, empathy, and results-oriented mindset. These traits are crucial for interacting with clients and collaborating with your team.

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll find all the details you need about the role and our company culture there!

How to prepare for a job interview at BBVA

✨Know Your EGBs Inside Out

Make sure you brush up on your knowledge of European Government Bonds. Understand the current market trends, key players, and how BBVA fits into the landscape. This will show your passion for the role and your commitment to staying informed.

✨Demonstrate Your Leadership Skills

As this role is for Executive Director/Managing Director profiles, be prepared to discuss your leadership experience. Share specific examples of how you've led teams, managed trading desks, and driven profitability in previous roles. Highlight your ability to delegate effectively and support your team.

✨Showcase Your Problem-Solving Abilities

Be ready to talk about challenges you've faced in trading or risk management and how you resolved them. Use the STAR method (Situation, Task, Action, Result) to structure your answers. This will demonstrate your analytical skills and proactive thinking.

✨Engage with the Interviewers

Remember, interviews are a two-way street! Prepare thoughtful questions about BBVA's trading strategies, team dynamics, and future goals. This not only shows your interest but also helps you assess if the company is the right fit for you.

Core EGB Trader
BBVA
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