MARKET RISK ASSOCIATE I

Banco Bilbao Vizcaya Argentaria; Hong Kong; On-site; HKD 420,000 - 660,000; Full time

Job summary

BBVA Hong Kong is seeking a Market Risk professional to support risk reporting and oversight across FX, rates and equity desks, with a focus on the Equity desk. You will help monitor exposures, ensure alignment with the risk appetite of the Madrid head office, and ensure compliance with local regulators.

The role involves collaboration with Front Office and regional teams, data inspection, and contributing to regulatory reporting. Fluent English and strong analytical skills are essential.

Qualifications

• University graduate in Risk Management, Financial Engineering, Quantitative Finance or equivalent.
• 3 to 5 years of Market Risk management experience.
• FRM/CFA preferred.

Responsibilities

• Perform, develop and improve risk reporting; analyze and control VaR, sensitivities and Stop Loss.
• Assist senior members to monitor market risk exposures and ensure alignment with risk appetite of Madrid head office.
• Ensure market risk reporting and risk control framework in Hong Kong complies with Madrid head office and local regulators.
• Provide input for regulatory reporting.

Skills

Interpersonal communication

English proficiency

Education

University graduate in Risk Management/Financial Engineering/Quantitative Finance

FRM/CFA preferred

Tools

Murex

Algorithmics

Bloomberg

Python

SQL

Excel VBA

MS Access

Job description

• Perform, develop, and improve risk reporting
• 3 to 5 year experience in Market Risk management
• Provide input for regulatory reporting

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:

Job Purpose & Objectives

• Support the Market Risk team in overseeing trading activities across various business lines, including Foreign Exchange (FX), Interest Rate, and Equity trading desks, with a primary focus on monitoring risks related to the Equity desk.

• Assist senior members to monitor market risk exposures and ensure these exposures reflect risks appropriately and are in line with risk appetite of Madrid head office.

• Ensure market risk reporting and risk control framework established in Hong Kong is in accordance with the framework structure implemented in Madrid head office and also with the local regulatory body.

Key Responsibilities

• Perform, develop, and improve risk reporting. Analyze and control limits on VaR, Sensitivities and Stop Loss.

• Perform ad hoc assignments and projects from time to time assigned by supervisor.

• Ensure effective communication with Front Office and the market risk team in Asia branches and the Head Office on market risk matters.

• Inspect Asian market data and collaborate with the Head Office team to fix issues if any.

• Provide input for regulatory reporting.

Job Specifications

Qualification & Experience

• University graduate or post-graduate in Risk Management, Financial Engineering, Quantitative Finance or any equivalent/relevant subjects.

• 3 to 5 year experience in Market Risk management.

• FRM/CFA preferred.

Knowledge & Skills

• Possess knowledge about risk measurement including VaR/ES, Sensitivities, Valuation Models.

• Familiar with fixed income, currency and equity derivatives and structured products.

• Familiar with market data collection and hands on experience with Murex, Algorithmics and Bloomberg is preferred.

• Proficiency in Python, SQL, Excel VBA, MS Access database.

Language

• Excellent command of both spoken and written English.

• Fluent in Mandarin is a plus.

Other Skills (e.g. Interpersonal, Communication etc)

• Strong interpersonal and communication skills.

• Professionalism and ethics.

• Able to work in a matrix reporting structure, multi-functional and cross-cultural environment.

• Well-organized and meticulous in details.

• Ability to work under pressure, strong task management skill.

• A team player.

BBVA Hong Kong will conduct a background check on you in accordance with theMandatory Reference Checking (MRC) Schemeregulated by the Hong Kong Monetary Authority (HKMA). Should any discrepancy identified or deemed unsatisfactoryto us, we reserve the rights to terminate your employment in such case. (FAQs for In-Scope Individual:https://www.hkab.org.hk/files/page/page-content/79/FAQs_for_In-Scope_Individuals_(24_July_2025)-1753348029.pdf)

Skills:

• Interpersonal Communication