Executive Director – US Macro Strategist, Fixed Income
About The Position
BBVA is seeking an experienced, commercially driven US Macro Strategist to lead the development and communication of actionable macro views and fixed income investment strategies, primarily focused on US rates and Treasury markets. US Credit experience is a plus. The successful candidate will bring deep macroeconomic expertise, strong quantitative and market analytical capabilities, and a thorough understanding of fixed income instruments to deliver differentiated market insights and trade recommendations. The role develops views on the US macro outlook and Federal Reserve policy, assesses fiscal policy and Treasury market dynamics, and formulates investment and trading strategies. It also contributes to cross-asset research and serves as a senior strategy expert for institutional and major corporate clients, working closely with Fixed Income Sales and Trading. The position is in BBVA’s New York office. Applicants must be eligible to work in the United States; BBVA will not pursue visa sponsorship. The expected base salary is $230,000 to $280,000, with eligible candidates also able to receive a discretionary bonus and an employee benefits package.
Requirements
- 10–15+ years of relevant experience in US macro research, sell-side fixed income strategy, rates trading, or a closely related role within an investment bank, asset manager, hedge fund, or financial institution.
- Bachelor's degree in Economics, Finance, Mathematics, Engineering, or a related discipline.
- Strong understanding of fixed income products and demonstrated ability to develop differentiated market views and translate macro analysis into actionable trade recommendations.
- Strong quantitative and analytical skills, including experience with financial modeling, yield curve analysis, and fixed income valuation.
- Excellent written and verbal communication skills, with experience presenting to institutional and corporate clients and internal stakeholders.
- Proficiency in Bloomberg, Python, R, or other quantitative research tools.
- SIE, Series 7, and Series 63 required.
- Eligibility to work in the United States; BBVA will not pursue visa sponsorship.
Nice To Haves
- US Credit experience.
- Master's degree, PhD, or CFA designation.
Responsibilities
- Develop and maintain a comprehensive view of the US macro outlook; analyze Federal Reserve policy and market expectations and assess their implications for rates, yield curves, and fixed income valuations.
- Evaluate the effects of US fiscal policy, Treasury issuance and refunding, government financing requirements, and global capital flows on US rates markets; identify structural trends and potential market dislocations.
- Formulate actionable investment and trading ideas, including directional, relative-value, and curve strategies; analyze term premiums, market liquidity, positioning, and supply-demand dynamics.
- Develop scenario analyses and risk/reward frameworks.
- Contribute to cross-asset research, connecting US rates developments with FX, credit, equities, and global macro markets.
- Serve as a senior macro and fixed income strategy expert for institutional and major corporate clients and help shape the firm's broader macroeconomic and market outlook.
- Partner closely with Fixed Income Sales and Trading to identify client opportunities and deliver commercially relevant research.
Benefits
- Employee benefits package.
- Eligible candidates may receive a discretionary bonus.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
