BBVA

Securities Financing Transactions (SFT) Internship

BBVA  •  London, GB (Onsite)  •  9 days ago
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Job Description

Excited to grow your career?

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.

Based on our fast-paced trading floor in London, the Securities Financing Transactions (SFT) team manages the pricing, optimization, and risk management of the bank's financing portfolio, capital, and liquidity. The desk specializes in a wide range of repo products and derivatives used for hedging. SFT serves as a strategic bridge within Global Markets, connecting traditional trading operations with advanced data analytics. The team collaborates closely with Risk, Finance, and Advanced Analytics units to drive innovation, explore data modeling, and analyze global money markets.

About the job:

Are you looking to kickstart your career in High Finance and Global Markets? Join our SFT - Global Markets team in London for a hands-on internship where you will learn how a fast-paced trading floor operates from the insideYou will closely support the team in daily activities, helping to bridge data capabilities across desks, and gaining unique exposure to international market operations

What You Will Do

  • Repo Desk Support: Assist the London repo desk in the day-to-day management of the financing portfolio, learning the basics of trading repo products (including repos/reverse repos, bond forwards, TRS, securities lending) as well as derivatives used for hedging purposes

  • Regulatory Market Learning: Familiarise yourself with the regulatory landscape for securities financing transactions, learning how funding, liquidity, capital, and collateral shape repo prices

  • Cross-Functional Data Collaboration: Support and work alongside teams across Risk, Finance, Treasury, and Advanced Analytics to help build out data capabilities across the SFT trading desk

What We Are Looking For

  • Education: Ideal for someone finishing a Bachelor or Masters degree (or looking for a placement/gap year) in a Quantitative subject, such as Mathematics, Quantitative Finance, Economics, Computer Science, or similar

  • Languages: English (Mandatory). Spanish is valued/desirable

  • Key Competencies: A proactive mindset with an interest in data, AI/LLMs, data modelling, or quantitative finance

What You Will Gain

  • Trading & Risk Insight: Hands-on training on all aspects of repo trading, market making, hedging, and managing risk through daily observation and desk support

  • Professional Tooling: Practical training in using market-wide platforms like Bloomberg, alongside expanding your VBA programming skills in Excel

⚠️ Important Requirements

  • Availability: This is a full-time 1 year position starting inSeptember 2026,NOTa summer internshipPlease only apply if you have full availability to commit to this duration

  • Right to Work: Applicants must possess UK Citizenship or a valid Right to Work (RTW). Proof of eligibility will be required during the recruitment process.

Skills:

Economics, Finance, Market Making, Mathematical Finance

BBVA

About BBVA

At BBVA we are leading the transformation of banking worldwide, united in pursuing our goal of bringing the age of opportunity to everyone. Firmly focused on the future, our on-going digital transformation is already producing disruptive innovations that power our vision of banking.

Every one of our 121,486 employees, from branch staff to senior leaders, plays an essential role in giving our 71.5 million customers the cutting edge banking solutions that they deserve. Building on 166 years of history we know the importance of constant development, which is why we place so much confidence in the collaborative working environment that enables our people to grow and excel.

If you would like to learn about the culture and opportunities on offer at a company that is leading the way for 21st century banking, head to the ‘Life’ tab to find out more.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Bilbao, ES
Year Founded
Unknown
Website
bbva.com
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