US Treasury Repo Trader Associate
About The Position
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. About the job: Act as a market maker for UST repo trading activity. Be responsible for pricing and risk hedging with a focus on promoting the excellence in the capabilities offered to both internal / external clients.
Requirements
- Minimum 3 years of work experience in Fixed Income markets, with at least 2 years of experience in SFT / Repo markets
- Experience with all types of Fixed Income Repos, STIR or Money Market products
- Knowledge regarding interest rate swaps, cross-currency swaps, FX, FX swaps, NDFs as hedge instruments highly desirable
- Strong communication skills and strong leadership skills
- Series 7 and 63
- Technical and analytical
- Strong communication skills
- Fluent in English, Spanish desirable
- Programming experience a plus
- Experience using Bloomberg, Brokertec, GLMX and other trading platforms.
- Experience with Murex a plus
Nice To Haves
- Knowledge regarding interest rate swaps, cross-currency swaps, FX, FX swaps, NDFs as hedge instruments highly desirable
- Fluent in English, Spanish desirable
- Programming experience a plus
- Experience with Murex a plus
Responsibilities
- Quoting, executing, trading and hedging SFT activity including Repos, Securities Lending and TRS
- Support SFT desk with position and risk management: liquidity, balance sheet, interest rates, and FX exposures
- Enhance SFT desk position and risk management tools and processes
- Cover shorts and lend out long inventory positions in UST and Credit
- The current SFT offering includes different types of Collateral: US Treasuries, US Credit, Latam Sovereign, Latam Credit Currencies: USD, EUR, COP, CLP, MXN, etc. Products: Repo, Sec Lending, TRS, Bond Forwards, Margin Loans
- Work closely with the SFT trading and sales teams in the different geographies
- Collaborate closely with middle and back office on settlement and operational issues
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
