BBVA

MARKET RISK SENIOR MANAGER

BBVA  •  London, GB (Onsite)  •  15 days ago
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Job Description

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.

GRM CIB is the Risk Management unit for CIB, responsible for the admission, measurement, and control of the unit's risks, which encompass both market and credit risks. Within the GMRU team under GRM CIB, we are responsible for the accurate valuation, measurement, monitoring, and control of market and counterparty risks, as well as capital calculation for Global Markets activities.

About the job:

You will join the Global Markets Risk Unit, participating in and leading tasks related to the design, execution, and implementation of strategic solutions and projects for the division.

We are looking for a senior profile with a solid specialization in financial risks, capable of combining a deep technical vision with a strong execution orientation. The selected candidate must act as a Risk point of contact/referent on complex initiatives, not only coordinating the various teams involved, but also making decisions, providing technical and functional challenge, and ensuring that implemented solutions are robust, consistent, and aligned with Risk standards.

The role requires the ability to deeply understand the impacts of each initiative across different risk axes—valuation, sensitivities, market risk, counterparty risk, AVAs, XVAs, among others—as well as the judgment to question approaches, anticipate risks, propose alternatives, and defend GMRU’s position before business, technology, quants, validation, control, and other Group stakeholders.

Although the position includes a relevant cross-functional coordination dimension, it is primarily a role for a senior risk specialist with execution capability, autonomy, influence, and ownership over critical deliverables.

Requirements:

Experience:

  • At least 10 years of professional experience in the financial or banking sector.
  • Solid experience in financial risk functions, preferably within the global markets domain.
  • Demonstrable experience in executing complex initiatives related to valuation, market risk, counterparty risk, AVAs, XVAs, risk metrics, risk tools, or trading platforms.
  • Proven ability to gather requirements, build work plans, prioritize tasks, and identify resources needed for execution.
  • Strong decision-making skills, functional and technical analysis capability, challenging proposals, and defending Risk criteria against business, technology, and internal control areas.
  • Experience in implementing and enhancing corporate tools within the global markets space.
  • Experience participating in cross-functional projects with multiple stakeholders, without the role being limited to formal project management.
  • Experience with Murex, risk platforms, valuation tools, calculation engines, regulatory reporting, data environments, Bloomberg, and Eikon is a plus.
  • Experience in Agile project environments is a plus.
  • Experience in programming and data processing, especially Python, C#, or similar languages, is a plus.

Technical Knowledge:

  • Deep knowledge of financial risks: valuation, sensitivities, market risk, counterparty risk, AVAs, XVAs, and associated metrics.
  • Strong understanding of capital markets products and financial derivatives.
  • Ability to understand quantitative models, valuation tools, and risk calculation methodologies.
  • Knowledge of control processes, validation, governance, and traceability related to risk metrics and tools.
  • Familiarity with risk systems, trading platforms, and functional architectures in Global Markets environments.
  • Knowledge of applicable market and counterparty risk regulations, including FRTB, is a plus.

Competencies and Skills:

  • Technical Risk Specialization: Expert judgment to analyze impacts, challenge solutions, and ensure deliverable quality from a Risk perspective.
  • Execution Capability: Clear delivery orientation to achieve results, unblock decisions, materialize solutions, and ensure effective implementation.
  • Critical Thinking & Challenge: Ability to question assumptions, identify weaknesses, anticipate problems, and propose solid alternatives.
  • Autonomy & Ownership: Ability to take direct responsibility for initiatives, decisions, and critical deliverables.
  • Synthesis: Ability to convey clear, actionable messages for decision-making.
  • Influence & Senior Stakeholder Management: Ability to defend Risk positions before stakeholders across different areas and seniority levels.
  • Cross-Functional Leadership: Ability to mobilize multidisciplinary teams without losing technical judgment or accountability for results.
  • Analytical Skills: Proficiency in breaking down complex problems and extracting actionable conclusions.
  • Results Orientation: Focus on delivery, quality, and meeting tight deadlines.
  • Adaptability: Comfort operating in dynamic environments with uncertainty and shifting priorities.

Education:

  • Bachelor's or Master's degree in Engineering, Mathematics, Economics, Business Administration, or similar.
  • Post-graduate degree and relevant certifications (FRM, CFA) are desirable.

Languages:

  • Excellent verbal and written communication skills in Spanish.
  • Fluency in English, both written and spoken.

Please note that priority will be given to candidates who are eligible to work in the UK.

Skills:

Murex

BBVA

About BBVA

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.

Industry
Finance & Insurance
Company Size
10,000+ employees
Headquarters
Bilbao, ES
Year Founded
Unknown
Website
bbva.com
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