BTP Trader

BBVA Group; Greater London; On-site; GBP 60,000 - GBP 80,000; Full time

Job summary

A global financial institution is seeking a BTP Trader in London. The role involves defining desk strategy, providing counterparty service in bonds, and managing market risks. Candidates should have an undergraduate degree and 3-5 years of experience in market making of EGBs. Fluency in English is required, with a good command of Italian valued. Join a dynamic team of traders and contribute to maximizing the franchise in product distribution.

Qualifications

• 3-5 years of experience in market making of EGBs.
• Fluent in English; good command of Italian valued.
• Ability to interact with clients and sales.

Responsibilities

• Define desk strategy and meet customer needs.
• Provide counterparty service and manage market positions.
• Supervise daily trading indicators and coordinate updates.

Skills

Customer Targeting

Empathy

Ethics

Innovation

Proactive Thinking

Education

Undergraduate degree

Tools

Bloomberg

Ion

Job description

**facilitate the application for job offers with LinkedIn**. If you wish to obtain more detailed information, please consult our .BTP Trader page is loaded## BTP Traderremote type: On Sitelocations: LONDONtime type: Full timeposted on: Posted Todaytime left to apply: End Date: February 27, 2026 (29 days left to apply)job requisition id: JR00093945BBVA 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.Drive the market making and risk hedging strategy for the short/ long term bonds & repo trading activity, contributing to maximize the franchise in the product distribution to clients/ investors. Be responsible for the pricing and risk hedging of the trading desk under his/ her responsibility, with focus on promoting the excellence in the service offered to both internal/ external clients.Team of 8 traders making markets on EGBs splitted between Madrid and London**About the job:*** Define the desk strategy alongside the desk manager focusing on meeting internal and external customers’ needs and complying with the risk and regulatory requirements - Meet internal and external clients needs/ demands.* Give counterparty service in bonds and repos, quote bid/ offer prices + increase the flow of orders.* Perform dynamic hedging of own market positions, breaking and covering the different risks in coordination with other trading desks.* Ensure desk fulfillment with obligations related to primary dealership status.* Oversee support of other Trading desks in covering their trading books risks, promoting the generation of synergies in the global rates hedging strategy.* Supervise desk books´risks, driving the hedging strategy to ensure global risk exposure is balanced.* Monitor the market continuously ensuring that trading parameters of valuing models are according to market risks and conditions.* Supervise desks´daily closing procedures and main trading indicators (P&L, inventory etc.)* Coordinate the update of internal market databases.* Encourage coordination and alignment with other GM desks.* Participate in internal committees when required - Report to in-line manager on a periodic basis.**Academic Degree:*** Undergraduate degree**Previous Experience:*** 3-5yr of experience in market making EGBs.**Qualifications and technical knowledge:*** Use of the software required to quote: Bloomberg, Ion or similar**Language skills:*** English (fluent)* A good command of Italian will be valued.**Soft skills:*** Ability to interact with clients and sales**Skills:**Customer Targeting, Empathy, Ethics, Innovation, Proactive ThinkingDon’t miss any opportunity and... upload your CV! You will join our Talent Community so that we can send you future opportunities that match your profile.#