LatAm Markets Trader Full Time NEW

Role Overview

BBVA is seeking a highly analytical and driven LatAm Markets Trader to join our LatAm Hub. You will be a key member of the team responsible for managing and expanding our footprint in Chile and the broader Latin American local currency rates market. This role requires a sophisticated understanding of Chilean FX, rates derivatives, and bonds, combined with the technical proficiency to improve our modeling and execution infrastructure.

Key Responsibilities

Market Analysis & Strategy

• Monitor & Evaluate: Track Chilean market activities across FX, rates derivatives, and bonds. Assess new developments and provide reporting on their potential impact on business positions.
• Execute: Develop and execute trading strategies for Chilean rates derivatives, USD/CLP FX, and local bonds, ensuring all trades align with desk strategy and risk limits.
• Pricing & Hedging: Provide accurate pricing for Interest Rate Derivatives and manage hedging activities related to foreign currency loan portfolios for our clients.

Relationship & Project Management

• Network Building: Foster and maintain strong professional relationships with both internal stakeholders and external counterparts within the Chilean asset space.
• Strategic Projects: Act as a core member of the team driving Chile and Latam Local Currency Rates projects across the BBVA Latam Hub.

Technology & Innovation

• Systems Improvement: Contribute to the evolution of desk technology by improving modeling processes, analytical tools, and database management.
• Risk Oversight: Maintain rigorous monitoring of positions and market-making activities while ensuring strict adherence to all internal policies and regulatory procedures.

Required Qualifications

Education & Experience

• Academic Background: Bachelor’s degree in a quantitative field (Mathematics, Engineering), Economics, or Finance.
• Professional Experience: A minimum of 5–7 years of experience in multi-asset pricing and market risk management.
• Market Expertise: Proven track record in Chilean local markets and a deep understanding of relevant regulatory frameworks.

Technical Skills

• Trading Tools: Proficiency in financial software, specifically Bloomberg and Tradeweb.
• Programming: Strong working knowledge of SQL and scripting languages (Python, Bash) is a requirement for this role.

Preferred Competencies

• Strong communication skills with the ability to translate complex market movements into actionable insights.
• A proactive approach to problem-solving and process automation.
• Ability to thrive in a high-pressure, fast-paced trading environment.

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 $200,000 to $230,000. 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 position