BBVA · 1 day ago
Corporate/Flow Equity Derivative Trader Executive Director
New York, NY
Full-time
Onsite
Lead/Staff
$200K/yr - $225K/yrBBVA is a global financial institution, and they are seeking an Executive Director for their Corporate/Flow Equity Derivative Trading team. The role involves collaborating on desk strategy, supervising trading activities, and ensuring compliance with risk and regulatory requirements while generating income and fostering client relationships.
AccountingBankingFinanceFinancial ServicesLending
No H1B
Responsibilities
Collaborate with the Trading Manager (Country/Region) in defining the desk strategy, focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements
Support unit traders in giving counterparty service in to client’s requests submitted by the Sales team, collaborating closely in offering tailor-made as well as plain vanilla derivatives adapted to clients’ needs. Quote complex transactions in terms of risk, managing the proper approvals for operations that exceed given risk limits. Promote the excellence in the service offered to the clients
Supervise the Trading Flow desk book’s aggregate hedging, driving the hedging strategy to ensure that the desk global risk exposure is balanced and maintaining the risks within the acceptable/ allowed limits - Monitor the market continuously, ensuring that the trading parameters of the valuation models that manage the unit traders are aligned to market conditions
Supervise the desk daily closing processes, tracking the desk activity and main trading indicators (positions, greeks, market parameters , hit/ miss, leverage, etc.). Assist traders in explaining the P&L deviation (if any) and with trade reconciliation and/ or discrepancies
Lead the desk coordination, delegating tasks amongst his/ her team based on their product specialization, seniority and workload. Follow up and supervision of all on-going trading activity
Coordinate the update of the unit´s product parameters in the databases to be used by all Global Market traders in pricing. Collaborate with other Equity Trading desks in updating the product trading handbook, framework and pricing rules documentation
Generate recurrent income, complying with the hit/ miss target set for the trading desk under his/ her responsibility. Monitor the the Trading Flow EQ unit desk results
Liaise alongside with other Trading desks in order to mainstream the product market knowledge and generate trading synergies in the operations’ profitability and risk
Encourage the coordination with the Structuring teams to develop and structure EQ derivatives products tailored to clients’ needs
Drive the development of new valuation models together with Quants, focusing on calibrating and understanding the model performance
Coordinate and monitor the approval and definition of contracts for new underlying/ products with Risks and Legal units respectively. Assist Quants in requesting the risk approval to new valuation models
Ensure that the desk activity comply with both internal and external operational policies, procedures and regulatory requirements. Coordinate with Policies & Procedures CIB for the operating procedures update and support Internal Control CIB in monitoring the compliance with the established trading framework
Introduce the Trading Flow trading activity (procedures, systems, market position, etc.) to both internal and external clients
Participate in the strategic and pipeline committees of the Global Product units
Qualification
Required
Collaborate with the Trading Manager (Country/Region) in defining the desk strategy, focusing on meeting internal and external customers' needs and complying with the risk and regulatory requirements
Support unit traders in giving counterparty service in to client's requests submitted by the Sales team, collaborating closely in offering tailor-made as well as plain vanilla derivatives adapted to clients' needs
Quote complex transactions in terms of risk, managing the proper approvals for operations that exceed given risk limits
Promote the excellence in the service offered to the clients
Supervise the Trading Flow desk book's aggregate hedging, driving the hedging strategy to ensure that the desk global risk exposure is balanced and maintaining the risks within the acceptable/ allowed limits
Monitor the market continuously, ensuring that the trading parameters of the valuation models that manage the unit traders are aligned to market conditions
Supervise the desk daily closing processes, tracking the desk activity and main trading indicators (positions, greeks, market parameters, hit/miss, leverage, etc.)
Assist traders in explaining the P&L deviation (if any) and with trade reconciliation and/or discrepancies
Lead the desk coordination, delegating tasks amongst his/her team based on their product specialization, seniority and workload
Follow up and supervision of all on-going trading activity
Coordinate the update of the unit´s product parameters in the databases to be used by all Global Market traders in pricing
Collaborate with other Equity Trading desks in updating the product trading handbook, framework and pricing rules documentation
Generate recurrent income, complying with the hit/miss target set for the trading desk under his/her responsibility
Monitor the Trading Flow EQ unit desk results
Liaise alongside with other Trading desks in order to mainstream the product market knowledge and generate trading synergies in the operations' profitability and risk
Encourage the coordination with the Structuring teams to develop and structure EQ derivatives products tailored to clients' needs
Drive the development of new valuation models together with Quants, focusing on calibrating and understanding the model performance
Coordinate and monitor the approval and definition of contracts for new underlying/products with Risks and Legal units respectively
Assist Quants in requesting the risk approval to new valuation models
Ensure that the desk activity comply with both internal and external operational policies, procedures and regulatory requirements
Coordinate with Policies & Procedures CIB for the operating procedures update and support Internal Control CIB in monitoring the compliance with the established trading framework
Introduce the Trading Flow trading activity (procedures, systems, market position, etc.) to both internal and external clients
Participate in the strategic and pipeline committees of the Global Product units
SIE, the series 7, series 63, and the series 57
Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Benefits
A generous employee benefits package
Discretionary bonus
Company
BBVA
BBVA is a finance company that provides accounting, card, mortgage, loan, investment fund, pension plan, and insurance services.
Founded in 1857
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Luis C.
CTO, New Business Models & Strategy
Diego Crasny (CPA)
General Manager New York & Chief Financial Officer CIB USA
Recent News
2026-01-16
2026-01-12
Company data provided by crunchbase