{"id":3390857,"url":"https://alion.io/job/bbva-flow-trading-ceemea-bonds-ed","title":"Flow trading CEEMEA Bonds ED","company":{"id":41135,"name":"BBVA","domain":"bbva.com","url":"https://alion.io/company/news-bbva","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Workday","truth_index":{"grade":"A","score":89,"open_postings":69,"ghost_share":0,"stale_share":0.638,"repost_share":0,"time_to_fill_p50_days":12,"computed_at":"2026-10-30T05:48:23Z"}},"role":"Legal","role_family":"Legal","seniority":"senior","employment_type":"full_time","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["London, United Kingdom"],"countries":["GB"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":89000,"max_usd":191000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":46},"experience_years_min":7,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[],"status":"live","first_seen_at":"2026-10-27T00:00:00Z","employer_posted_date":"2026-10-27","last_verified_at":"2026-10-30T19:21:27Z","board_verified":true,"closed_at":null,"days_open":4,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":4},"description":"Excited to grow your career?\nBBVA 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.\nEmerging Markets Flow Trading\nOverall Objective\nTo establish and maintain a profitable and competitive MENA bond market-making franchise by providing reliable liquidity to institutional clients, managing risk effectively, and capitalising on regional fixed-income trading opportunities.\nAbout the job:\nRole Overview\nWe are seeking an experienced Fixed Income Market Maker specialising in Middle East and North Africa (MENA) bonds. The successful candidate will be responsible for providing competitive two-way prices, facilitating client trading activity, managing trading inventory, and generating revenue across a portfolio of regional sovereign, quasi-sovereign, and corporate fixed-income securities.\nThe role requires strong technical knowledge of MENA bond markets, established relationships with regional and international institutional investors, banks and brokers, and the ability to manage risk while identifying trading and relative-value opportunities across the region.\nKey Responsibilities\n1. Market Making and Trading\nProvide competitive and continuous two-way prices in MENA fixed-income securities, subject to market conditions and available liquidity.\nMake markets in sovereign, quasi-sovereign, agency and corporate bonds, including conventional and, where relevant, sukuk instruments.\nExecute client trades and manage the firm's trading inventory, ensuring efficient use of balance sheet and risk limits.\nDevelop and implement trading strategies to generate spread income, capture market-making opportunities and achieve revenue targets.\nManage bid-offer spreads in line with market liquidity, volatility, credit risk and competitive positioning.\nIdentify relative-value opportunities across issuers, maturities, currencies and credit curves.\n2. Regional Market Coverage\nMaintain comprehensive knowledge of MENA fixed-income markets, including the GCC, Morocco and other relevant regional markets.\nMonitor primary issuance, secondary-market flows, sovereign funding requirements, credit developments and macroeconomic trends.\nDevelop expertise in the debt markets of key regional issuers, including Saudi Arabia, the UAE, Qatar, Kuwait.\nTrack regional political, economic, fiscal and monetary developments and assess their impact on bond valuations and market liquidity.\nMaintain close relationships with regional and international banks, brokers, asset managers, hedge funds, sovereign wealth funds, pension funds and other institutional investors.\n3. Client Facilitation and Business Development\nBuild and maintain strong relationships with institutional clients and liquidity providers.\nRespond promptly to client pricing requests, axes, inquiries and requests for liquidity.\nProactively communicate trading ideas, market colour, relative-value opportunities and new issuance developments.\nWork closely with sales teams to increase client engagement, trading volumes and franchise revenue.\nIdentify opportunities to expand market share and strengthen the firm's position in MENA fixed-income markets.\n4. Risk Management and P&L\nManage daily trading positions and exposure within approved limits for market, credit, liquidity, interest-rate and foreign-exchange risks.\nMonitor and manage inventory ageing, concentration risk, mark-to-market exposure and potential downside scenarios.\nMaintain disciplined pricing and hedging practices, using appropriate instruments where available and permitted.\nMonitor daily P&L, investigate material movements and explain performance drivers to trading management.\nEnsure trading activity complies with internal policies, regulatory requirements and applicable market-conduct standards.\n5. Market Intelligence and Collaboration\nMaintain accurate market levels, pricing information, trading axes and liquidity assessments.\nCollaborate with fixed-income sales, research, credit, treasury, operations and risk management teams.\nContribute to the development of pricing tools, trading analytics, inventory management processes and market coverage.\nProvide regular updates on market conditions, trading opportunities, client flows and competitive positioning.\nRequired Experience and Qualifications\nTypically 7-10 years of experience in fixed-income trading or market making, with demonstrable experience in MENA bond markets.\nProven track record in pricing and trading sovereign, quasi-sovereign and/or corporate bonds.\nStrong understanding of regional credit markets, yield curves, duration, spread risk, liquidity dynamics and bond valuation.\nEstablished relationships with institutional clients and market counterparties active in MENA fixed income.\nDemonstrated ability to manage trading inventory, control risk and deliver sustainable trading revenue.\nStrong quantitative, analytical and decision-making skills.\nProficiency in Bloomberg and relevant fixed-income trading and market-data systems.\nDegree in Finance, Economics, Mathematics, Engineering or a related discipline; professional qualifications such as CFA are advantageous.\nExcellent communication and interpersonal skills, with the ability to operate effectively in a fast-paced trading environment.\nPreferred Skills and Experience\nExperience in GCC sovereign and quasi-sovereign debt, international USD-denominated bonds.\nKnowledge of sukuk structures and Islamic capital markets.\nExperience trading across investment-grade and high-yield credit, where relevant to the firm's mandate.\nFamiliarity with primary bond issuance, new-issue pricing and secondary-market distribution.\nUnderstanding of regional settlement conventions, market infrastructure and cross-border trading considerations.\nArabic language skills are advantageous but not essential.\nKey Performance Indicators (KPIs)\nPerformance will be assessed against a balanced set of commercial, client and risk-management objectives, including:\nTrading revenue and risk-adjusted P&L.\nQuality and competitiveness of two-way pricing.\nClient trading volumes, engagement and franchise growth.\nMarket share and execution quality in targeted securities.\nInventory turnover and efficient use of balance sheet.\nAdherence to trading limits, risk policies and compliance requirements.\nQuality of market intelligence and contribution to the broader fixed-income business.\nPersonal Attributes\nThe ideal candidate will be commercially driven, entrepreneurial and comfortable making decisions in markets that can experience periods of limited liquidity and heightened volatility. They will demonstrate sound risk judgement, strong client orientation, attention to detail and the ability to build trusted relationships across the MENA fixed-income ecosystem.\nSkills:\nCustomer Targeting, Empathy, Ethics, Innovation, Proactive Thinking","description_format":"text","description_chars":7057,"description_truncated":false,"requirements":{"experience_years_min":7,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[{"language":"Arabic","level":"All levels","optional":true}]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Wealth Management & Financial Advisors","Investment Banking & M&A Advisory","Digital Banks & Neobanks"],"lifecycle":[{"event":"open","at":"2026-10-28T09:55:03Z"}],"visa":[],"liveness":{"score":63,"band":"ok","label":"Likely open","p_open":1,"p_active":0.632,"p_room":1,"age_days":3,"expected_fill_days":12,"reasons":["conf:4","stale_co","velocity","win:early","comp:brand"],"computed_at":"2026-10-30T05:48:23Z"},"pay":null,"html_url":"https://alion.io/job/bbva-flow-trading-ceemea-bonds-ed","json_url":"https://alion.io/job/bbva-flow-trading-ceemea-bonds-ed.json","meta":{"generated_at":"2026-10-31T00:02:44Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":28,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-01T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":41135},"rest":"https://alion.io/mcp/rest/get_company?id=41135"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fbbva-flow-trading-ceemea-bonds-ed"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fbbva-flow-trading-ceemea-bonds-ed"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fbbva-flow-trading-ceemea-bonds-ed"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/bbva-flow-trading-ceemea-bonds-ed\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fbbva-flow-trading-ceemea-bonds-ed"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":3390857}},{"tool":"search_jobs","arguments":{"company":"bbva.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":3390857},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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