Job Summary: We are seeking a professional to collaborate on defining the strategy, managing risks, and executing operations for the Linear FX Flow trading desk, serving clients and generating revenue. Key Responsibilities: 1. Collaborate on the strategy and risk management of Linear FX Flow. 2. Provide counterparty services for Linear FX Flow products. 3. Dynamically manage the FX portfolio risk. **Do you want to advance your professional career?** BBVA is a global company with over 160 years of history, operating in more than 25 countries where we serve over 80 million customers. We are more than 121\.000 professionals working in multidisciplinary teams with diverse profiles, including finance specialists, legal experts, data scientists, developers, engineers, and designers. Our people make the difference in our success. **Employment Type:** Regular (Undefined) **What Are We Looking For?** **Responsibilities** * Collaborate with the Linear FX Flow Trading Desk Manager in defining the desk’s strategy, focusing on meeting the needs/demands of internal and external customers while complying with regulatory and risk requirements. * Provide counterparty services for Linear FX Flow products in response to client requests submitted by the Sales team. Quote bid/offer prices, focusing on increasing Linear FX Flow order volume by promoting excellence in the trading services offered to clients. * Dynamically manage FX portfolio risk. Focus on breaking down and hedging various risks in coordination with other trading desks. Maintain risks within acceptable/allowed limits. * Continuously monitor the market, maintaining ongoing contact with other market participants/counterparties. Focus on adjusting and updating valuation model trading parameters according to market risks and conditions. * Record all transactions in internal applications. Support middle and back office in transaction settlement to minimize operational risk and/or resolve incidents. Verify order compliance and control in cases of contingency, system failures, or incidents. * Carry out daily close-out processes, verifying that book risks are identified and controlled and that positions are accurately reported in internal systems. Revalue all books using market data at end-of-day, verifying market changes and explaining sensitivities. Update market data for end-of-day revaluation. * Closely collaborate with Linear FX Flow Trading Desks in other regions to coordinate global trading book management across different time zones. * Update Linear FX prices in databases used by all Global Markets traders for pricing. * Collaborate with other FX trading desks to update the manual, framework, and pricing rule documentation for FX. Review pricing methodologies for exotic transactions, understanding valuation tools and methodologies. * Act as a liaison with other FX trading desks to coordinate risk management strategy and share market knowledge and customer needs. Promote synergies in the global FX pricing and risk management strategy. * Collaborate with Quantitative (Quant) and Structuring teams to develop FX valuation models and structured FX products, respectively. * Comply with internal and external operational policies, procedures, and regulatory requirements. * Generate recurring revenue while meeting budget and success/failure (hit/miss target) objectives established for products/assets under your responsibility. * Report regularly and ad\-hoc (as needed) to your direct supervisor. **Requirements** * 1–2 years of prior experience in financial markets, investments, or money desks. * Prior experience in banks, Pension Fund Administrators (AFP), or insurance companies will be highly valued. * Proficiency in Bloomberg (core tool) and Microsoft Excel is essential. * Programming knowledge in Python for process management is desirable. * Key Competencies: Ability to work under pressure; Organization and attention to detail; Strong communication and teamwork skills. **Responsible Banking** --------------------- Our responsible banking model **aims to build a more inclusive and sustainable society.** Because the future of finance is financing the future. We began with the spirit of helping others make the best financial decisions. That spirit remains today and inspires us to keep moving forward—prioritizing innovation and digital transformation—and making the opportunities of this new era accessible to everyone. **Diversity** -------------- At BBVA, we believe that having a **diverse team** makes us a better bank. For this reason, we **actively support diversity, inclusion, and equal opportunity**, regardless of race, gender, age, religion, sexual orientation, gender identity, gender expression, among others. We foster a collaborative and inclusive work environment that enables each person to show their best self. **Our Values** -------------------- **Our values define our identity** and serve as the driving force enabling us to fulfill our purpose and guiding all our actions and decisions. **Legal Requirements** If the position you are applying for is located outside the country where you currently reside, you may need to obtain a visa and/or work permit and/or residence permit, as well as comply with any other requirements imposed by local labor and immigration regulations or applicable professional regulations for the position in that country. In the event you are selected as the final candidate, BBVA may assist you in processing the relevant permit/visa, provided that, should any circumstance arise—(i.) the relevant visa and/or work permit and/or residence permit is not issued, or (ii.) any other requirements mandated by local labor and/or immigration and/or professional regulations applicable to the position in that country are not fulfilled—you will unfortunately be excluded from the position. Likewise, if you already hold a visa and/or work permit and/or residence permit for the relevant country, please indicate this when applying for the position.
María García
Indeed · HR
María García
Indeed · HR
