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.
We are seeking a SVP / Senior Manager to support the quantitative analysis and oversight of Interest Rate Risk in the Banking Book (IRRBB)within the Liquidity & Structural Risk function.
This role will focus on the analytics and modelling of structural balance sheet risk, including the analysis of NII and EVE sensitivities, behavioral assumptions and interest rate stress scenarios
The position will work closely with Treasury, ALM and Finance teams, providing analytical insights and independent challenge on balance sheet positioning, hedging strategies and IRRBB modelling assumptions
Key Responsibilities
Analyse and monitor the bank’s IRRBB exposure, including EVE and NII sensitivitiesacross different interest rate scenarios.
Assess the structural drivers of interest rate risk across the balance sheet, including repricing dynamics, behavioral assumptions and earnings sensitivity.
Review and challenge key modelling assumptions, particularly for non-maturity deposits, deposit betas and loan prepayment behaviour
Provide independent analytical challenge to Treasury and ALM strategies, including balance sheet positioning and hedging approaches.
Support the development and enhancement of IRRBB analytics, balance sheet simulations and interest rate scenario analysis
Contribute to the preparation of risk analysis and materials for governance forums, including ALCO.
Collaborate with the liquidity risk team on topics where interest rate risk and funding dynamics intersect
Ensure adherence to IRRBB standards and relevant regulatory guidelines
Experience & Skills
8–12 years of experiencein financial risk management within banking.
Strong background in IRRBB, ALM Risk, Structural Balance Sheet Risk, or Treasury Risk analytics
Hands-on experience analyzing NII and EVE sensitivities and interest rate stress scenarios
Experience reviewing IRRBB modelling assumptions, including deposit behaviour and balance sheet dynamics.
Strong analytical skills and ability to translate quantitative analysis into clear insights for senior stakeholders.
Technical Skills (Preferred)
Experience with ALM / IRRBB systemssuch as QRM, Bancware, RiskPro, Murex ALM, or similar platforms.
Analytical programming experience such as Python, R or SQLis advantageous.
Education
Degree or Master’s in Mathematics, Engineering, Economics, Finance, or another quantitative discipline
Professional certifications such as FRM or CFAare a plus.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $180,000 to $200,000. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.
Pay Transparency Policy Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).
Individuals with Disabilities
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.
*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.
EEO Statement
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
View the " EEO is the Law" & " View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.
At BBVA we are leading the transformation of banking worldwide, united in pursuing our goal of bringing the age of opportunity to everyone. Firmly focused on the future, our on-going digital transformation is already producing disruptive innovations that power our vision of banking.
Every one of our 121,486 employees, from branch staff to senior leaders, plays an essential role in giving our 71.5 million customers the cutting edge banking solutions that they deserve. Building on 166 years of history we know the importance of constant development, which is why we place so much confidence in the collaborative working environment that enables our people to grow and excel.
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