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Equity Trader IV
Posted on: 14 Sep 2021
New York, New York
Job Description
Drive the market making and risk hedging strategy for the Trading Flow Structured EQ unit, seeking to maximize franchise and leverage in the product distribution to clients/ investors and portfolio results within the established risk limit. Encourage the development of tailor-made structured solutions, and their required risk valuation models, adapted to clients’ needs. Focus on promoting the excellence in the service offered to both internal/ external clients
Responsibilities
Collaborate with the Trading Flow Structured EQ manager in defining the desk trading strategy focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements
Generate recurrent income (leverage and franchise) in order to meet the revenue targets that are set each year in the Trading Flow Structured EQ unit and the Global Equity unit overall budget
Ensure that the trading parameters of the valuation models that manage the EQ Structured Traders are aligned to market risks and conditions
Carry out the daily closing processes, tracking the desk activity and main trading indicators (P&L, hit/ miss, leverage, etc.).
Take part in the development and improvement of the different electronic trading platforms, seeking to adapt the systems/ models to any operational and regulatory changes
Collaborate with other Equity Trading desks in updating the trading handbook, framework and pricing rules documentation
Monitor the Trading Flow Equity Flow Structured EQ desk activity, tracking main trading indicators such as P&L and hit/ miss ratio. Solve any problems and incidences, as required
Promote the bank's positioning within structured equity market as a provider of innovative and ad-hoc solutions for customers
Education/Experience
Bachelor's degree required with a minimum of seven (7) years of experience in equity trading role.
Must be fluent in Spanish and English.
Proficiency in Bloomberg and Excel is required.
Deep knowledge of markets with some experience in Latin American securities or currencies strongly preferred.
Lic/Cert/Reg
Required: None
Preferred: None
BBVA
Birmingham, AL
BBVA is a global company with over 160 years of history operating in more than 30 countries where we provide services to more than 79 million customers. We are more than 125,000 professionals working in multidisciplinary and diverse teams that include financial and legal experts, data scientists, developers, engineers, and designers.
At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier for our customers.
BBVA USA Bancshares, Inc. is a Sunbelt-based bank holding company whose principal subsidiary, BBVA, operates 649 branches, including 336 in Texas, 89 in Alabama, 63 in Arizona, 61 in California, 45 in Florida, 37 in Colorado and 18 in New Mexico. BBVA ranks among the top 25 largest U.S. commercial banks based on deposit market share and ranks among the largest banks in Alabama (2nd), Texas (4th) and Arizona (6th).
BBVA has been recognized as one of the leading small business lenders by the Small Business Administration (SBA) and ranked 6th nationally in the total number of SBA loans originated in fiscal year 2017. BBVA's mobile app earned the 2019 Javelin Mobile Banking Leader award for functionality for the sixth consecutive year in Javelin Strategy & Research's Mobile Banking Financial Institution Scorecard.
What We Stand For
BBVA understands that every individual and company has unique dreams and ambitions, needs and wants. We realize that few take the same path in the faster, busier, and more complex world we live in. We get it. Whichever path you choose, and whenever you need us, we want to create opportunities for your next steps. From the smallest moment, to the largest personal or professional life event, BBVA is there for you.
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IndustryBanking/Financial Services
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No. of Employees125,000+
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Website
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Jobs Posted112
