Market Risk Manager specialized in the approval of bespoke market transactions
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.
The Global Markets Risk Unit (GMRU) is part of CIB Risk and oversees the monitoring and management of market and counterparty risks for Global Markets. The team ensures the correct valuation and risk measures of derivatives and Securities Financing Transactions (SFTs) portfolios in compliance with IFRS13 (Fair Value) , the CRDV capital requirements directive and the internal rules and procedures of the BBVA Group.
About the job:
Join the Global Markets Risk Unit (GMRU) within CIB Risk to support the risk measurement of financial instruments. This role focuses on the admission of singular transactions, calculation of valuation adjustments (XVA), and counterparty risk monitoring.
Main responsibilities:
Manage the admission of singular Global Markets transactions that require prior approval from the risk unit.
Conduct ex-ante financial risk assessments, taking into account any valuation, contractual and regulatory specificities of each proposal.
Calculate the risk-adjusted transaction returns (RoRC, RAROEC,...) and ensure alignment with existing risk limit frameworks.
Prepare the necessary documentation for the defense of proposals before the relevant Risk Committees.
Collaborate on monthly reporting of admission activities, maintaining approval statistics and efficiency KPIs.
What are we looking for?
Academic background in Finance, Economics, Mathematics, or a related field.
At least 2 years of experience in trading, deal structuring, or market/counterparty risk management.
Proficiency in risk modeling tools and software (e.g., VBA, Python, R, or similar).
Working knowledge of financial regulation.
Full professional proficiency in English and Spanish (Level B2+ or higher).
Strong analytical, communication, and problem-solving skills.
Please note that priority will be given to candidates who are eligible to work in the UK.
Skills:
Collaboration, Market Risk, Mathematical Finance, Risk Management, Statistics