Credit Derivatives Executive Director

Banco Bilbao Vizcaya Argentaria, Sociedad Anonima; Hong Kong; On-site; HKD 1,000,000 - 1,400,000; Full time

Job summary

BBVA is seeking a senior leader to establish and grow its Credit Derivatives trading business in Asia. You will define the roadmap, build a fully operational platform and align with global standards and local regulations.

You will lead cross‑functional efforts with Technology, Operations, Finance and Risk, cultivate relationships with institutional clients and interbank counterparties, and prepare the region for scalable day‑to‑day trading under a governed framework.

Qualifications

• University graduate with numerical or engineering background preferred.
• 10–15 years experience in structured credit and related markets.
• Strong analytical and communication skills for cross‑functional work.

Responsibilities

• Lead establishment and development of Credit Derivatives trading in Asia.
• Define roadmap to build a scalable trading platform aligned with global standards.
• Coordinate pricing models, market data, risk monitoring and reporting capabilities.
• Collaborate with Quants, Structuring and global trading teams to implement pricing models.
• Build relationships with institutional clients and interbank counterparties in Asia.
• Prepare the platform for onboarding a local Trader Associate within ~12 months.

Skills

Structured credit

Leadership

Education

University Graduate, numerical or engineering major preferred

Job description

• Lead the establishment and development of the Credit Derivatives trading business in Asia, aligned with the global strategy.
• Define and execute a roadmap to build a fully operational and scalable trading platform in the region.

2. Trading Infrastructure & Operational Framework

• Drive the implementation of pricing tools, booking systems, market data, risk monitoring and reporting capabilities.
• Coordinate with Technology, Operations, Finance and other stakeholders to ensure end-to-end trading capabilities and robust operational processes.
• Work with Risk, Compliance and relevant stakeholders to establish appropriate trading limits, risk management frameworks and governance processes.
• Develop hedging capabilities and ensure alignment with global standards and local regulatory requirements.

4. Client Franchise & Business Origination

• Build relationships with institutional clients, interbank counterparties and key market participants across Asia.
• Partner with Sales and Structuring to identify business opportunities and develop the regional Credit Derivatives franchise.

5. Trading & Product Capabilities

• Coordinate with Quants, Structuring and global trading teams to implement pricing models and develop new product capabilities.
• Support trading activity, pricing and risk management during the initial development phase.

6. Team Development & Scalability

• Establish the infrastructure, processes and commercial relationships required for a sustainable local trading business.
• Prepare the platform for the onboarding of a local Trader Associate within approximately 12 months, enabling independent day-to-day trading and risk management within the established framework.

First-Year Objective

• Establish a fully operational, risk-controlled and commercially viable Credit Derivatives trading platform in Asia, with the systems, governance, market access and client relationships required to support the expansion of the local trading team.

• Establish a fully operational, risk-controlled and commercially viable Credit Derivatives trading platform in Asia, with the systems, governance, market access and client relationships required to support the expansion of the local trading team.
• University Graduate, major in a numerical or engineering subject preferred
• 10-15 years experience in structured credit.

• Strong analytical skills, with the ability to interpret complex market data and derive actionable insights.
• Solid understanding of derivatives and securities financing documentation and related transaction processes.
• Exceptional communication and interpersonal skills, with the ability to engage effectively with clients, team members, and senior stakeholders across different regions.
• Strong leadership and coordination skills, with the ability to guide and influence team members within a matrix reporting structure.
• Sound commercial judgment and strong understanding of financial markets, client needs, and regulatory requirements.

About BBVA

• BBVA is one of the largest and strongest financial institutions in Europe. It enjoys a dominant position in Spanish-speaking Latin American countries and has an ambitious strategy to expand its presence in Asia
• At BBVA, one can combine the challenges and high profile work of a large financial institution with the opportunity to make a real impact in a dynamic and competitive environment.