At a Glance
- Tasks: Support the repo desk, learn trading basics, and collaborate on data capabilities.
- Company: Join BBVA, a global leader in finance with over 160 years of history.
- Benefits: Gain hands-on experience, training in market tools, and insights into trading and risk management.
- Other info: Full-time position starting September 2026; UK Citizenship or valid Right to Work required.
- Why this job: Kickstart your career in High Finance and gain unique exposure to global markets.
- Qualifications: Ideal for students in Quantitative subjects; proactive mindset and interest in data are key.
The predicted salary is between 20000 - 30000 € per year.
Excited to grow your career? 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.
Based on our fast-paced trading floor in London, the Securities Financing Transactions (SFT) team manages the pricing, optimization, and risk management of the bank's financing portfolio, capital, and liquidity. The desk specializes in a wide range of repo products and derivatives used for hedging. SFT serves as a strategic bridge within Global Markets, connecting traditional trading operations with advanced data analytics. The team collaborates closely with Risk, Finance, and Advanced Analytics units to drive innovation, explore data modeling, and analyze global money markets.
About the job: Are you looking to kickstart your career in High Finance and Global Markets? Join our SFT - Global Markets team in London for a hands-on internship where you will learn how a fast-paced trading floor operates from the inside. You will closely support the team in daily activities, helping to bridge data capabilities across desks, and gaining unique exposure to international market operations.
What You Will Do
- Repo Desk Support: Assist the London repo desk in the day-to-day management of the financing portfolio, learning the basics of trading repo products (including repos/reverse repos, bond forwards, TRS, securities lending) as well as derivatives used for hedging purposes.
- Regulatory Market Learning: Familiarise yourself with the regulatory landscape for securities financing transactions, learning how funding, liquidity, capital, and collateral shape repo prices.
- Cross-Functional Data Collaboration: Support and work alongside teams across Risk, Finance, Treasury, and Advanced Analytics to help build out data capabilities across the SFT trading desk.
What We Are Looking For
- Education: Ideal for someone finishing a Bachelor or Masters degree (or looking for a placement/gap year) in a Quantitative subject, such as Mathematics, Quantitative Finance, Economics, Computer Science, or similar.
- Languages: English (Mandatory). Spanish is valued/desirable.
- Key Competencies: A proactive mindset with an interest in data, AI/LLMs, data modelling, or quantitative finance.
What You Will Gain
- Trading & Risk Insight: Hands-on training on all aspects of repo trading, market making, hedging, and managing risk through daily observation and desk support.
- Professional Tooling: Practical training in using market-wide platforms like Bloomberg, alongside expanding your VBA programming skills in Excel.
⚠️ Important Requirements
- Availability: This is a full-time 1 year position starting in September 2026, NOT a summer internship. Please only apply if you have full availability to commit to this duration.
- Right to Work: Applicants must possess UK Citizenship or a valid Right to Work (RTW). Proof of eligibility will be required during the recruitment process.
- Skills: Economics, Finance, Market Making, Mathematical Finance.
Securities Financing Transactions (SFT) Internship in London employer: BBVA
BBVA is an exceptional employer that offers a dynamic and inclusive work culture, fostering collaboration among diverse professionals in the heart of London. As part of the Securities Financing Transactions team, interns will gain invaluable hands-on experience in high finance, with opportunities for professional growth through exposure to advanced data analytics and cross-functional teamwork. With a commitment to innovation and employee development, BBVA provides a unique environment where you can thrive and make a meaningful impact in global markets.
StudySmarter Expert Advice🤫
We think this is how you could land Securities Financing Transactions (SFT) Internship in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the SFT field on LinkedIn or at industry events. A friendly chat can open doors that applications alone can't.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of repo products and derivatives. Show us you’re keen and ready to dive into the world of securities financing!
✨Tip Number 3
Don’t just apply; follow up! A quick message after submitting your application can show your enthusiasm and keep you on their radar. We love seeing proactive candidates!
✨Tip Number 4
Utilise our website for resources and tips tailored to the SFT internship. We’ve got your back with insights that can help you stand out in the competitive job market!
We think you need these skills to ace Securities Financing Transactions (SFT) Internship in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the SFT role. Highlight any relevant coursework or projects in quantitative finance, data analytics, or economics to catch our eye!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share your passion for high finance and explain why you're excited about the SFT internship. Be genuine and let us know how you can contribute to our team.
Showcase Your Data Skills:Since we value data capabilities, mention any experience you have with data modelling, AI, or programming languages like VBA. This will demonstrate your proactive mindset and fit for the role!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at BBVA
✨Know Your Repo Products
Before the interview, make sure you brush up on your knowledge of repo products and derivatives. Understand the basics of repos, reverse repos, and how they are used in trading. This will show your enthusiasm for the role and your readiness to dive into the fast-paced world of securities financing.
✨Familiarise Yourself with Regulations
Get a good grasp of the regulatory landscape surrounding securities financing transactions. Knowing how funding, liquidity, capital, and collateral influence repo prices will not only impress your interviewers but also demonstrate your proactive mindset and interest in the field.
✨Highlight Your Data Skills
Since the role involves cross-functional data collaboration, be prepared to discuss any experience you have with data analytics or modelling. If you've worked with tools like Excel or Bloomberg, mention it! Showing that you can bridge data capabilities across teams will set you apart.
✨Ask Insightful Questions
Prepare some thoughtful questions about the SFT team's operations and how they integrate with other departments. This shows your genuine interest in the role and helps you understand how you can contribute to the team’s success. Plus, it gives you a chance to engage with your interviewers!
