About this role
TRADING FLOW BONDS & REPO EXECUTIVE DIRECTOR
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
Collaborate with the Global Product ( FI ) Trading Manager in defining the Bonds and Repo Flow strategy in the region under his/ her responsibility, focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements
- Generate recurrent income in order to meet the revenues targets that are set each year
- Lead the desk coordination, delegating tasks amongst his/ her team based on their product specialization, position and workload. Follow up and supervision of all on-going trading activity, helping in solving problems and bottlenecks as needed
- Support the bonds and repo desks in their market making activity, quoting the most relevant transactions, as required. Manage the approval for operations that exceed given risk limits. Focus on promoting the excellence in the service offered to the clients
- Supervise the IR Flow desk hedging, ensuring that the global risk exposure is balanced that there is no overexposure to a certain underlying term, currency, etc. Coordinate the desk risks macro hedging, being responsible for maintaining the global risk within the acceptable/ allowed limits
- Encourage the coordination and strategic alignment with other Global Markets desks and internal areas. Foster the collaboration with the Sales desks to set commercial targets for different products and with other Global Rates trading desks in order to mainstream the market knowledge and create synergies in the operations’ profitability and risk management
- Assist Finance CIB and Regulation CIB with views on industry topics that affect Bank’s business.
- Track the bonds and repos flow trading books and activity, monitoring main trading indicators such as P&L and hit/ miss ratio. Assist in solving problems and incidences, as required
- Lead a key role in promoting the bank's positioning within bonds and repos flow business, meeting external customers and encouraging the innovation and efficiency within the team andstakeholders, with the objective to add value to the customers
- Take part in specific working groups and projects related to the bonds and repos flow business. Focus on theanalysis of the impact and implications of the markets’ regulatory reforms in the trading tools, valuation models and operating processes
- Ensure that desks activity complies with both internal and external operational policies, procedures and regulatory requirements
- Introduce the bonds and repo flow activity to both internal and external clients.
- Participate in strategic and pipeline committees of the Global Rates and FI units
- Manage all staffing issues for the unit, together with teh Product Trading Manger and T&C CIB
- Report to the Global Product (Rates) Trading Manager on a periodic and ad-hoc basis about main performance indicators
Job Posting
BBVA Hong Kong will conduct a background check on you in accordance with the Mandatory Reference Checking (MRC) Scheme regulated by the Hong Kong Monetary Authority (HKMA). Should any discrepancy identified or deemed unsatisfactory to us, we reserve the rights to terminate your employment in such case. (FAQs for In-Scope Individual: https://www.hkab.org.hk/files/page/page-content/79/FAQs_for_In-Scope_Individuals_(24_July_2025)-1753348029.pdf)
Skills
- Financial Markets, Fixed-Income Markets