Global Markets Risk Projects Execution - Senior Manager

BBVA RED EXTERIOR DE OFICINAS; Greater London; On-site; GBP 75,000 - 120,000; Full time

Job summary

BBVA in London seeks a senior risk professional to lead the design, execution and implementation of risk-related projects within Global Markets.

The role requires 8+ years in the financial sector, familiarity with valuation, market and counterparty risk, AVAs/XVAs, and hands-on programming in Python and Murex; FRM/CFA is valued, Agile experience is preferred.

Strong English communication, stakeholder coordination, and ability to drive robust risk tools are essential for success.

Qualifications

• Master’s degree and/or FRM/CFA certifications valued.
• 8+ years in financial or banking sector.
• Knowledge of FRTB regulation.
• Experience with Python and corporate risk tools.

Responsibilities

• Act as the primary risk contact across project lifecycle.
• Define project scope and governance structure to ensure success.
• Assess impacts across valuation, market, counterparty risk, AVAs, XVAs.
• Coordinate staffing with managers for project delivery.
• Develop and maintain the project plan and critical path.
• Participate in monitoring and escalation committees.

Skills

Quantitative analysis

Capital market knowledge

English proficiency

Stakeholder interaction

Education

Master’s degree / FRM / CFA

Tools

Python

Murex

Agile

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 responsible for the measurement and monitoring of risk regarding Global Markets activities.

The Risk Solutions team manages all the risk cycle comprising the design, execution and implementation of several risk-related projects, including valuation, market risk, counterparty risk, AVAs and XVAs, among others.

The team also focuses on the implementation, development, and enhancement of corporate tools within the Global Markets environment, collaborating on projects started by either GMRU or other areas.

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

• Client Orientation
• Empathy
• Ethics
• Innovation
• Proactive Thinking

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!