Equity Derivatives Flow Trader

BCO.BILBAO VIZCAYA ARGENTARIA; España; Presencial; EUR 120.000 - 180.000; Jornada completa

Descripción de la vacante

BBVA in Spain seeks an experienced Equity Derivatives Flow Trader to join the desk as a key liquidity provider. You will manage risk and profitability across vanilla and light exotic equity derivatives, pricing client flows and hedging exposures.

You will develop and automate internal tools using Python, monitor global markets, and ensure adherence to risk limits and regulatory standards. English fluency is required; Spanish language is a plus.

Formación

• 3+ years of front-office equity derivatives trading experience.
• Strong knowledge of options pricing, volatility dynamics, and Greek risk management.
• Proficiency in VBA and Python for model development and automation.
• Bachelor’s or Master’s degree in Finance, Economics, Mathematics, Engineering, Physics, or similar.
• Fluency in English; Spanish is a plus.

Responsabilidades

• Provide liquidity and manage risk for vanilla and light exotic equity derivatives.
• Price client flows and hedge exposures.
• Develop, optimize, and automate internal tools with Python.
• Monitor markets to identify opportunities and generate market color.
• Contribute to risk and profitability reporting.
• Adhere to risk limits and regulatory standards.

Conocimientos

Front-office experience

Analytical abilities

Python programming

VBA

Decision making under pressure

Educación

Bachelor’s/Master’s in quantitative discipline

Herramientas

Python

VBA

Descripción del empleo

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 Equity Derivatives Trading Desk at BBVA acts as a liquidity provider for institutional and corporate clients across global equity markets, offering competitive pricing and tailored risk management solutions.

About the Role

We are seeking an experienced Equity Derivatives Flow Trader to join our desk as a key liquidity provider. In this role, you will manage risk and drive profitability across a diverse portfolio of equity derivatives, focusing primarily on vanilla options and light exotics. You will play a pivotal role in pricing client flows, dynamically hedging complex risk exposures, and leveraging technology to optimize our trading capabilities.

Key Responsibilities

• Actively provide liquidity and manage risk for a portfolio of vanilla and light exotic equity derivatives.
• Provide competitive and timely pricing to institutional and corporate clients, working closely with the Sales team to capture market share and drive franchise revenue.
• Advanced knowledge in Python to develop, optimize, and automate internal tools.
• Monitor global equity markets to identify trading opportunities, optimize inventory, and generate actionable market color for internal teams and clients.
• Contribute to the continuous improvement of portfolio risk and profitability reporting.
• Ensure strict adherence to risk limits, internal trading policies, and regulatory standards.

Qualifications

• Experience: 3+ years of front-office experience in Equity Derivatives Trading.
• Technical Knowledge: Deep understanding of options pricing, volatility dynamics, and Greek risk management across equity markets.
• Programming: Advanced knowledge in VBA, Python applied to quantitative model development, financial data analysis, and task automation.
• Education: Bachelor’s or Master’s degree in a quantitative discipline (Finance, Economics, Mathematics, Engineering, Physics, or similar).
• Core Skills: Exceptional analytical capabilities, keen attention to detail, and the ability to make rapid, data-driven decisions in a high-pressure environment.
• Culture: Strong communication skills and a collaborative, team-oriented mindset.
• Languages: Professional fluency in English is required; Spanish is a strong plus.
• Skills: Financial Derivatives, Python for Data Analysis

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!