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About the area:
In the Global Markets Risk Unit (GMRU), we are responsible for the accurate measurement and monitoring of market risk associated with Global Markets activities. Within the Risk Solutions team, we manage the design, execution, and implementation of various risk-related projects, including valuation, market risk, counterparty risk, AVAs, XVAs, among others. The team focuses on implementation projects, development, and enhancement of corporate tools within BBVA’s Global Markets environment, collaborating on projects initiated both by GMRU and other areas.
About the role:
Key Tasks and Responsibilities:
- Act as the primary risk contact/interlocutor in the conception, planning, design, execution, and implementation of projects.
- Define project scope from the outset, establishing the most suitable governance structure to ensure success and securing necessary approvals.
- Understand the project scope and identify impacts across various risk dimensions, including valuation, market risk, counterparty risk, AVAs, XVAs, among others.
- Coordinate internally with risk teams to define requirements for the new solution, develop validation strategies, identify stakeholders and required validations, and estimate necessary resources and timelines.
- Ensure appropriate staffing for the project in coordination with relevant managers responsible for allocating resources.
- Develop and maintain the project plan, manage unforeseen events, dependencies, and critical path.
- Actively participate in project monitoring and execution committees, internally escalating relevant issues to discipline and/or process representatives.
- Take responsibility for specific project-related actions and analyses when required.
- Interact with other teams and departments, both locally and at the Holding level, to ensure proper implementation of established requirements.
What are we looking for?
We seek a highly experienced and knowledgeable professional, aligned with the offered role.
Previous Experience and Technical Knowledge:
- At least four years of professional experience in the financial or banking sector.
- Knowledge and experience in various financial risk concepts desiderable: valuation, sensitivities, market risk, counterparty risk, AVAs, XVAs.
- Knowledge of financial derivatives and basics of valuation and sensitivities required.
- Knowledge and experience in programming (eg.Python, C#...) and data processing is highly valued.
- Desiderable one year of experience in project management, preferably in the financial or banking sector.
- Experience in implementing and enhancing corporate tools within the global markets domain.
- Solid technical knowledge of capital market products and familiarity with financial risk systems and trading platforms.
- Ability to analyze and understand quantitative models and valuation tools.
Languages:
- Excellent verbal and written communication skills in both Spanish and English.
Soft-skills:
- Adaptability: Effective performance in stressful environments with ambiguity, difficulty, and shifting priorities.
- Innovation: Ability to challenge established thinking by generating new ideas and maintaining an open-minded approach.
- Communication: Ability to build strong relationships with clients and suppliers, actively listen, and create a network that facilitates tasks. Understanding user needs and aligning them with current and future technological platforms is essential. Additionally, the ability to interact and negotiate with various stakeholders, including front-office teams, risk management, technology, and support functions, is crucial.
- Teamwork: Ability to collaborate effectively, not only by seeking help and working cohesively but also by sharing knowledge to ensure efficient information flow within the team.
- Strong ability to lead multidisciplinary teams and coordinate efforts across different areas.
- Ability to work autonomously and proactively in a dynamic, constantly changing environment.
- Results-oriented, capable of managing multiple priorities and tight deadlines.
- Strong analytical and problem-solving skills, capable of high-level analysis and proposing new solutions to area challenges.
