FO EQ/FI Quantitative Developer/Analyst

BBVA; Greater London; On-site; GBP 120,000 - 190,000; Full time

Job summary

BBVA Global Markets, Quant. & Business Solutions (QBS) is seeking experienced professionals with strong mathematical and technological backgrounds to join a highly technical team.

The Front Office Quantitative Team focuses on designing, implementing, and testing valuation models and pricers to assess risks of GM derivatives, while driving digitalization and cross-unit collaboration across platforms. You will work in a fast-paced environment, leveraging C++, Python and cloud capabilities to

Qualifications

• Strong background in C++ programming with OOP, STL and templates.
• 5+ years in a Front Office Quantitative role developing pricers, models, and reports.
• Expertise in financial mathematics and derivative valuation (IR/Equity).
• Knowledge of Credit, FX, and Inflation derivatives valued is a plus.
• Experience across Windows/Visual Studio and Linux, CI/CD, testing.

Responsibilities

• Design, implement, and test valuation models and pricers for derivatives.
• Lead the digitalization of the derivatives business.
• Drive model deployment across GM systems with other units.
• Optimize technical solutions for efficiency and performance.
• Coordinate with Engineering and Risk for new models.
• Support trading floor daily activity.

Skills

Financial math

Derivative valuation

Mathematical problem solving

Communication skills

Team collaboration

Hard work / commitment

Innovation mindset

Education

MSc in Math/Physics/Engineering

MSc in Quantitative Finance (a plus)

PhD in technical field or Quant Finance (valued)

CQF certification (valued)

Tools

C++ (OOP, STL, templates)

Windows/Visual Studio

Linux environments

Murex/Murex Flex API

Python programming

Git / Docker

CI/CD (Jenkins)

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.

GLOBAL MARKETS - QUANT. & BUSINESS SOLUTIONS

Quantitative & Business Solutions (QBS) is a specialized unit within BBVA CIB - Global Markets, dedicated to providing investment banking solutions to clients worldwide. Our team operates across multiple geographies and specializes in various asset classes.

We seek experienced professionals with a strong mathematical and technological background to join our team.

About you:

• You have a technical or scientific background and are seeking a highly technical role, constantly striving for innovation and new challenges.

• You demonstrate a high level of commitment to your work and objectives.

• You are eager to contribute to the decision-making process of projects, sharing your perspective with other specialists. Strong communication skills are essential.

• You thrive in solving complex technical problems in a fast-paced, dynamic environment.

• You embody BBVA's purpose and values in your professional approach.

About the job:

Main functions:

Front Office Quantitative Team collaborating to define an execution plan aligned with BBVA CIB - Global Markets' strategy:

• Design, implement, and test valuation models and pricers to assess the risks of Global Markets (GM) derivative products, supporting GM desks worldwide in pricing and risk hedging activities.

• Lead the digitalization of the derivatives business.

• Drive the design and technical implementation of valuation models across different Global Markets systems and platforms, ensuring consistency.

• Optimize technical solutions to enhance efficiency and performance.

• Drive the technical innovation in Global Markets

• Coordinate the deployment of new models and pricers with other units, including Engineering and Risk areas

• Support trading floor daily activity

Required skills and experience

• Strong background in C++ programming, including object-oriented programming, STL, templates, and best practices. A minimum of 5 years of experience is required.

• At least 5 years in a similar role (Front Office Quantitative Team), developing trading tools such as pricers, models, sensitivities, and reports, while actively interacting with trading desks.

• Expertise in financial mathematics and derivative valuation, specializing in Interest Rate Models or Equity Models.

• Knowledge of Credit, FX and Inflation Derivatives Valuation will be valued.

• Experience in multiplatform development (Windows-Visual Studio, Linux), continuous integration, and the software development lifecycle (CI/CD, Jenkins, unit testing, regression testing).

• Strong background in mathematics and problem-solving.

Knowledge and proven experience in some of these areas of expertise:

• Boost, Conan, Google Protocol Buffer, gRPC

• Experience with cloud technologies and related frameworks (AWS, Azure).

• Version control and containerization: Git, Docker, Web services: SOAP or similar technologies.

• Experience with the Murex platform and Murex Flex API.

• Python programming.

• Computational optimization using distributed computing, GPUs, vectorization, or other high-performance computing (HPC) techniques.

• Experience integrating trading tools with vendor solutions.

Education

• MSc in Math, Physics or Engineering (STEM profiles)

• MSc in Quantitative Finance is a plus

• PhD in a technical fields or Quantitative Finance is highly valued

• Bonus: CQF certification will be highly valuable.

Skills:

Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking