Executive Director, Interest Rate Volatility Trading

BBVA; New York (NY); On-site; USD 250,000 - 300,000; Full time

Benefits offered by this job

Discretionary bonus

Job summary

BBVA in New York seeks a senior professional for the Interest Rate Volatility desk within Global Markets. You will develop strategies, price volatility products, and manage risks across vanilla and exotic instruments.

You will work with Sales, Engineering, and Quants to expand client relationships, mentor teammates, and contribute to model development and product enhancements in a dynamic, multinational bank environment.

Qualifications

• Strong academic background in a technical field (e.g., Engineering, Mathematics, or Physics).
• Master's degree is highly valued.
• Minimum of 7 years of experience pricing and managing a portfolio of interest rate options, vanilla and exotics, with a track record of growing revenues.
• Proficiency in Excel, Python, Bloomberg, and VBA is expected.

Responsibilities

• Develop and implement strategies for business growth.
• Act as counterparty for interest rate volatility products for internal and external clients, providing timely price quotations.
• Manage risks in trading books including delta, vega, gamma, theta, vanna, and volga.
• Contribute to mathematical models for valuing new payoffs or evolving existing models.
• Facilitate integration of the Vanilla Vol desk with the Exotics desk.
• Coordinate with Sales, Engineering, and Quants to pursue opportunities and train teammates.

Skills

Teamwork

Detail-oriented

Analytical thinking

Data-based decision making

Education

Technical degree in Engineering, Mathematics, or Physics

Master's degree

Tools

Excel

Python

Bloomberg

VBA

Job description

BBVA in New York seeks a senior professional for the Interest Rate Volatility desk within Global Markets. You will develop strategies, price volatility products, and manage risks across vanilla and exotic instruments.

You will work with Sales, Engineering, and Quants to expand client relationships, mentor teammates, and contribute to model development and product enhancements in a dynamic, multinational bank environment.