Junior Cash Equity Trader - Global Markets Execution

BBVA; Madrid; On-site; EUR 90,000 - 120,000; Full time

Job summary

BBVA is a global bank with a 160-year history, operating in over 25 countries. The candidate will join the Cash Equity Execution Trading team within the Global Equity Trading Excellence department in Madrid, focusing on executing cash equity orders across multiple markets.

The role emphasizes delivering high-quality execution, market insights, and close collaboration with Sales, Sales Trading, and Electronic Trading teams to support a robust and efficient trading desk.

Qualifications

• Degree in Economics, Engineering, Finance, or a related field.
• A Master’s degree related to Financial Markets, Finance, Economics, or Capital Markets would be highly valued.

Responsibilities

• Actively trade cash equities across European and US markets, as well as Asia, Canada, and Emerging Markets, while taking responsibility for resolving operational and trading-related issues arising from the desk’s daily activity.
• Provide detailed execution feedback and market colour, supported by pre-trade and post-trade performance analysis, with a focus on execution quality and continuous process improvement.
• Execute client orders across multiple benchmarks and trading strategies, including VWAP, Close, TWAP, Volume Participation (on primary and/or multiple venues), Alpha Capture / Implementation Shortfall (IS), and Pairs Trading.
• Execution may be subject to hard or floating limits, including sector-relative constraints and other client-specific parameters.
• Support and maintain the electronic trading infrastructure and product offering, including FIX protocol connectivity, DMA and cash equity order routing, helping ensure the stability and efficiency of electronic execution workflows.
• Deliver daily market insights and monitor individual stocks and corporate activity, including share buyback programmes, providing tailored execution solutions and market intelligence to both internal and external clients.
• Work closely with Sales, Sales Trading, Electronic Trading and other Global Markets teams to ensure efficient order execution, strong client service and alignment across the equity trading franchise.

Skills

Client Orientation

Empathy

Ethics

Innovation

Proactive Thinking

Education

Bachelors in Economics, Engineering, Finance or related

Master's in Financial Markets, Finance, Economics or Capital Markets

Tools

FIX protocol connectivity

DMA

Cash equity order routing

Job description

BBVA is a global bank with a 160-year history, operating in over 25 countries. The candidate will join the Cash Equity Execution Trading team within the Global Equity Trading Excellence department in Madrid, focusing on executing cash equity orders across multiple markets.

The role emphasizes delivering high-quality execution, market insights, and close collaboration with Sales, Sales Trading, and Electronic Trading teams to support a robust and efficient trading desk.