Global Markets Risk Projects Execution - Senior Manager

BBVA; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

BBVA is seeking a senior risk project lead in the UK to drive projects across valuation, market risk, and counterparty risk. You will define scope, governance, and staffing while ensuring timely delivery within a Global Markets context.

The role requires 8+ years in financial risk, experience with FRTB, and proficiency in Python and Murex, with Agile practices guiding delivery. A Master’s degree or FRM/CFA is highly valued, and strong English communication is essential.

Qualifications

• 8+ years of professional experience in the financial or banking sector.
• Knowledge in valuation, market risk, counterparty risk, AVAs, XVAs.
• Experience implementing FRTB regulation.
• Experience implementing and enhancing corporate tools in Global Markets.
• Programming experience in Python is highly valued.
• Experience using the Murex platform.
• Experience with Agile methodology.

Responsibilities

• Act as the primary risk contact in conception, planning, design, execution, and implementation of projects.
• Define project scope and governance structure to ensure success and approvals.
• Understand project scope and impacts across risk dimensions including valuation and market risk.
• Ensure staffing for the project in coordination with managers.
• Develop and maintain the project plan and manage dependencies and critical path.
• Participate in project monitoring and escalation of issues.

Skills

Financial risk

Python

Agile

Stakeholder management

Quantitative analysis

Education

Engineering/Mathematics/Business Administration

FRM/CFA certifications

Tools

Murex

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.

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.

About the job:

Key Tasks and Responsibilities:

• Act as the primary risk contact in the conception, planning, design, execution, and implementation of projects.
• Define project scope from the outset, establishing the most suitable governance structure to ensure its success and securing the necessary approvals.
• Understand the project scope and identify impacts across various risk dimensions, including valuation, market risk, counterparty risk, AVAs and XVAs, among others.
• Ensure appropriate staffing for the project in coordination with relevant managers responsible for allocating resources.
• Take responsibility for specific project-related actions and analyses when required.
• Develop and maintain the project plan, manage unexpected events, dependencies, and define the critical path until completion.
• Actively participate in project monitoring and execution committees, internally escalating relevant issues to discipline and/or process representatives.

Required Profile:

• Studies in Engineering, Mathematics, Business Administration, or related.
• Master’s Degree and/or FRM/CFA certifications highly valued.

Experience:

• At least 8 years of professional experience in the financial or banking sector.
• Knowledge and experience in various financial risk domains: valuation, sensitivities, market risk, counterparty risk, AVAs, XVAs.
• Knowledge and/or experience in implementation of the Fundamental Review of the Trading Book (FRTB) regulation.
• Proven experience in implementing and enhancing corporate tools within the Global Markets environment.
• Knowledge and experience in programming, particularly Python, is highly valued.
• Experience in the use of the Murex platform.
• Experience using the Agile methodology.

Skills:

• Ability to analyze and understand quantitative models and valuation tools.
• Sound technical knowledge of capital market products and acquaintance with financial risk systems and trading platforms.
• Excellent verbal and written communication skills in both Spanish and English. Spanish proficiency is not a must but a medium/high level acts as a plus to perform effectively in the role.
• Ability to interact and negotiate with various stakeholders, including front-office teams, risk management, technology, and support functions.
• Ability to work autonomously and proactively in a dynamic, constantly changing environment.

Competencies:

• Strong organizational and time management skills.
• Problem-solving and critical-thinking abilities.
• Results oriented, capable of managing multiple priorities and tight deadlines.
• Flexibility and adaptability to manage projects with changing requirements.

Other Skills:

• Motivated to achieve ambitious organizational goals, maintaining strategic priorities to overcome challenges and obstacles.
• Initiative to complete tasks and produce results effectively and efficiently.
• Adaptability: effective performance in stressful environments under uncertainty, difficulty, and shifting priorities.
• High capability to execute under tight deadlines and respond effectively to evolving requirements.
• Innovation: ability to challenge established thinking by generating new ideas and maintaining an open-minded approach.
• Communication: ability to build smooth relationships with clients and suppliers, actively listen, and establish a network that facilitates tasks. Understanding user needs and integrating them with current and future technological platforms is critical.
• Strong analytical and problem-solving skills, capable of high-level analysis and proposing new solutions to challenges.
• Teamwork: ability to collaborate effectively, not only by seeking help and working as a team but also by sharing knowledge to ensure information flows inside the team.

Please note that priority will be given to candidates who are eligible to work in the UK.

Skills:

Empatía, Ética, Innovación, Orientación al cliente, Pensamiento proactivo