Global Markets Risk Projects - Senior Manager

BBVA RED EXTERIOR DE OFICINAS; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

BBVA seeks a Senior Risk Project Manager to join the Global Markets Risk Unit. Lead cross-functional risk initiatives across valuation, market risk, counterparty risk, AVAs and XVAs, defining scope and governance, coordinating resources with risk teams and front-office partners.

The role requires at least 8 years in financial risk and a Master’s degree, FRM/CFA valued, and strong English communication with stakeholders. UK work eligibility preferred.

Qualifications

• Master’s Degree in Engineering, Mathematics, Business Administration, or related field.
• FRM/CFA certifications are highly valued for this role.

Responsibilities

• Act as the primary risk contact in conception, planning, design, and implementation of projects.
• Define project scope and governance to ensure success and approvals.
• Coordinate resources with risk teams, front-office, and technology.
• Develop and maintain project plans, monitor progress, and escalate issues.

Skills

Project management

Risk analysis

Stakeholder management

Leadership

English communication

Analytical skills

Education

Master’s Degree

FRM/CFA certifications

Tools

Risk management systems

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.

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. 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. Engage with other teams and areas, both locally and at Holding level, to ensure the accomplishment of established requirements.

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. Minimum 5 five years of experience in project management, preferably in finance or banking.

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. Strong ability to lead multidisciplinary teams and coordinate efforts across different areas.

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!