Executive Director – US Macro Strategist, Fixed Income

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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:

Position Overview

We are seeking an experienced and commercially driven US Macro Strategist to lead the development and communication of actionable macro views and fixed income investment strategies, focusing primarily on US rates and Treasury markets. US Credit experience is a plus.

The successful candidate will combine deep macroeconomic expertise, strong quantitative and market analytical capabilities, and a thorough understanding of fixed income instruments to deliver differentiated market insights and trade recommendations.

Key Responsibilities

-Develop and maintain a comprehensive view of the US macro outlook, analyze Fed policy and market expectations to assess implications for rates, yield curves, and fixed income valuations.

-Evaluate the impact of US fiscal policy, Treasury issuance, refunding, government financing requirements, and global capital flows on US rates markets. Identify structural trends, and potential market dislocations.

-Formulate actionable investment and trading ideas, develop directional, relative-value, and curve strategies, and analyze term premiums, market liquidity, positioning and supply-demand dynamics.

-Develop scenario analyses and risk/reward frameworks. Contribute to cross-asset research initiatives, connecting US rates developments with FX, credit, equities, and global macro markets.

-Act as a senior macro and fixed income strategy expert for institutional and major corporate clients, helping to shape the firm's broader macroeconomic and market outlook. Partner closely with Fixed Income Sales and Trading to identify client opportunities and deliver commercially relevant research.

Qualifications & Experience

-10–15+ years of relevant experience in US macro research, sell-side fixed income strategy, rates trading, or a closely related role within an investment bank, asset manager, hedge fund, or financial institution.

-Bachelor's degree in Economics, Finance, Mathematics, Engineering, or a related discipline. Master's degree, PhD, or CFA designation preferred.

-Strong understanding of fixed income products, proven ability to develop differentiated market views and translate macro analysis into actionable trade recommendations.

-Strong quantitative and analytical skills, including experience with financial modeling, yield curve analysis, and fixed income valuation.

-Excellent written and verbal communication skills, with experience presenting to institutional, corporate clients and internal stakeholders.

-Proficiency in Bloomberg, Python, R, or other quantitative research tools.

-SIE, Series 7, and Series 63 required

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 $230,000 to $280,000. 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

Legal requirements

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.

Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.

*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.

EEO Statement

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.

Our organization

We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!