Junior Delta One Trader

Junior Delta One Trader

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.

Role Overview :

We are seeking a highly motivated Junior Delta One Trader to join our trading team in New York. This is a hands-on front-office role that combines trading responsibilities with platform and infrastructure development. The successful candidate will play a key role in building out a Delta One trading desk from the ground up, contributing to strategy design, execution, risk management, and operational processes.

Key Responsibilities :

Platform Development :

Collaborate with developers and technologists to build a front-to-back Delta One trading platform, including pricing, booking, and PnL systems.

Trading Execution :

Assist in executing and managing trades across a variety of Delta One products (e.g., equity swaps, ETFs, custom baskets, futures) with a strong emphasis on accuracy and efficiency.

PnL Estimation & Reconciliation :

Maintain real-time and end-of-day PnL estimates. Investigate and reconcile discrepancies with operations and finance teams.

Risk Management :

Monitor and manage intraday and end-of-day exposures. Work with the risk team to ensure all positions are within limits and appropriately hedged.

Trade Booking :

Ensure all trades are accurately captured in risk systems, booked properly, and supported with appropriate documentation.

Market Analysis :

Monitor market movements, identify trading opportunities, and analyze strategy performance across various asset classes.

Operational Support :

Collaborate with middle office, operations, and compliance to ensure smooth daily workflow and support for trade lifecycle events.

Client Interaction :

Support and potentially interact with internal clients or external counterparties to facilitate customized equity solutions.

Qualifications :

• Bachelor's degree in Finance, Mathematics, Engineering, Computer Science, or a related field.
• 2+ years of experience
• Strong understanding of financial derivatives.
• Experience with PnL management, reconciliation, or operational aspects of trading preferred.
• Programming experience or scripting ability (Python, SQL, etc.) is a must.
• Strong analytical skills and attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work in a fast-paced, dynamic, and collaborative environment.
• Passion for markets and trading, with a willingness to learn and grow.
• SIE, Series 7, Series 57, and Series 63 licenses required (or obtained within 6 months of hire date)

What We Offer :

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 $100,000 to $120,000. 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 positions.