Junior Sovereign & Corporate Bond Trader

BBVA; New York (NY); On-site; USD 105,000 - 115,000; Full time

Job summary

BBVA in New York is seeking a market-maker for Latin America international USD-denominated bonds. You will work closely with fixed income sales teams in New York, Europe, Latin America and Asia to build a premier secondary flow business and actively trade LatAm USD-denominated corporate and sovereign issues with major global funds.

You will devise and implement risk management strategies using US Treasuries, LatAm USD bonds and CDS, aiming to meet or exceed P/L budgets while maintaining strict

Qualifications

• Bachelor’s or Master’s degree in Finance, Economics, Engineering, Mathematics or Physical Sciences.
• 1–2 years as a market-maker in LatAm USD corporate bond issues with global institutional clients.
• Excellent knowledge of sales and trading protocol.
• Hungry and highly motivated individual.
• Very good communication skills.
• Strong analytical mind.
• Strong familiarity with macro conditions of major LatAm economies.
• Fundamental knowledge of corporate credit.
• Familiarity with major US and London-based credit funds managing LatAm USD bonds.
• Well known to and respected by major US and London-based institutional investors.
• Proficient with Bloomberg, ION Trading, Murex and EM bonds trading platforms.
• FINRA Series 7 and 63 required.

Responsibilities

• Partner with BBVA’s fixed income sales teams in NY, Europe, Latin America and Asia to build a first-class customer secondary flow business.
• Actively trading Latam USD-denominated Corporate and Sovereign bond issues with major global credit funds.
• Devising and implementing risk management strategies using US Treasuries, LatAm USD bonds and CDS.
• Meet or exceed predetermined P/L budget expectations.

Skills

Market-making LatAm USD bonds

Sales & trading protocol

Communication skills

Analytical mind

Macro analysis

Credit fundamentals

Investor relations

Education

Bachelor’s or Master’s degree in Finance, Economics, Engineering, Mathematics or Physical Sciences

Tools

Bloomberg

ION Trading

Murex

Emerging markets platforms

FINRA Series 7

FINRA Series 63

Job description

Secondary market-making in Latin America International Corporate Bond Issues denominated in USD

• Working in very close partnership with BBVA’s fixed income sales teams in New York, Europe, Latin America and Asia to build a first-class customer secondary flow business
• Actively trading Latam USD-denominated Corporate and Sovereign bond issues with all the major global credit funds that manage portfolios of Latin American international bonds
• Devising and implementing risk management strategies using US Treasuries, Latin American USD bonds and credit default swaps
• Meet or exceed predetermined P/L budget expectations

Requirements

• Bachelor’s or Master’s degree in Finance, Economics, Engineering, Mathematics or Physical Sciences
• Minimum 1-2 year experience as a market-maker in Latin American international corporate bond issues in USD working with large global institutional clients
• Excellent knowledge of sales and trading protocol
• Hungry and highly motivated individual
• Very good communication skills
• Strong analytical mind
• Strong familiarity with the macro situation of all the major Latin American economies
• Fundamental knowledge of corporate credit
• Excellent familiarity with all major US Credit funds and London-based Credit funds that manage Latin American international sovereign and/or corporate bond issues in USD
• Well known to and respected by major US and London-based institutional investors
• Very proficient with Bloomberg, ION Trading, Murex and major emerging markets bonds electronic trading platforms
• FINRA Series 7 and 63 required

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

With respect to this position in our New York Office, the expected base salary ranges from $105,000 to $115,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.

*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions