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.
GMRU is the unit within GRM CIB responsible for the valuation and management of market and counterparty risks for BBVA SA’s trading activities in derivatives and SFTs. These duties are performed in strict compliance with the accounting principles of IFRS 13 (Fair Value) and the capital requirements directive CRD V
Within GMRU – Global Admission, Valuation & ESG, our primary responsibility is the valuation of all accounting positions classified at Fair Value for BBVA SA, alongside holding discipline-level authority across the entire BBVA Group.
About the job:
Key Responsabilities:
Defining valuation criteria for the Trading Book and Banking Book portfolios not measured at amortized cost.
Managing Prudent Valuation metrics (AVA).
Handling Treasury Shares deduction metrics.
Determining fair value hierarchy metrics under IFRS 13 (Levelling).
Applying Independent Price Verification (IPV) frameworks.
Overseeing the liquidity framework.
Responsible for the calculation and monitoring of Additional Valuation Adjustments (AVA).
Accountable for the classification, monitoring, and application of Levelling criteria.
Responsible for calculating treasury shares deductions and monitoring financial institution holding thresholds.
Actively participate in the liquidity framework management.
Accountable for the calculation and reporting of valuation adjustments.
Responsible for the calculation, monitoring, and metrics related to off-system transactions (non-system trades).
What are we looking for?
Education: Master’s degree in Economics, Finance, Mathematics, Physics, Engineering, or a related quantitative field. Financial certifications (such as FRM or CFA) will be highly valued.
Experience: A minimum of 4 years of professional experience.
Technical Skills: At least 3 years of experience in Python development or another programming language.
Knowledge: Strong understanding of current regulatory and accounting frameworks.
Soft Skills: Excellent analytical, communication, problem-solving, and teamwork skills.
Languages: Fluency in English ( C1 level or higher). Spanish would be a plus.
Please note that priority will be given to candidates who are eligible to work in the UK.
Skills:
Liquidity Management, Microsoft Excel, OTC Market, Python (Programming Language), Risk Management
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.
If you would like to learn about the culture and opportunities on offer at a company that is leading the way for 21st century banking, head to the ‘Life’ tab to find out more.
