Global Markets Risk Projects - Senior Manager

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

Job summary

BBVA is seeking a senior risk project manager in the United Kingdom to lead complex initiatives across valuation, market risk and counterparty risk domains. The role requires strong governance, staff planning, and coordination with risk, technology, and front-office teams.

Ideal candidates have 8+ years in financial services and FRM/CFA qualifications are valued. Applicants should be able to manage multiple priorities, deliver under tight deadlines, and adapt to changing requirements in a

Qualifications

• 8+ years in financial or banking sector.
• Knowledge of valuation, market risk, counterparty risk, AVAs, XVAs.
• Experience with FRTB regulation.
• Minimum 5 years in project management, preferably finance/banking.

Responsibilities

• Act as primary risk contact across conception, planning, design, execution, and implementation of projects.
• Define project scope and governance, securing approvals.
• Identify impacts across risk dimensions and staffing needs.
• Develop and maintain project plan, manage dependencies and critical path.
• Coordinate with risk teams to define requirements and validations.
• Engage with holding level and other teams to meet requirements.

Skills

Quantitative models

Valuation tooling

Stakeholder negotiation

Project leadership

Education

Engineering/Math/Business

Master's/FRM/CFA valued

Tools

Risk systems

Trading platforms

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.
• 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:

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