Market Risk Associate I

Market Risk Associate I

Requirements

• Bachelor’s degree in areas of Economics, Finance, Mathematics, Statistics, Business, or Engineering (or a similar quantitative discipline), with masters preferred.
• Knowledge of general market risk measures (Value-at-Risk, sensitivities, etc.), and statistics will also be necessary.
• Four years of practical experience in risk management or trading supporting roles is strongly preferred.
• Applicant must have advance knowledge of derivatives markets (interest rates, FX) and various pricing methodologies, including trading and market characteristics, pricing, market liquidity and volatility.
• Demonstrated quantitative and analytical skills.
• Proven ability using Microsoft Office tools for reporting and analyzing data especially in Excel (experience programming of VBA is necessary).
• Advanced computer skills, including experience programming in SQL, Python and other programming languages.
• Strong communication, interpersonal and organization skills with an ability to effectively execute tactical plans.

Responsibilities

• Analyze positions and portfolios of BBVA with respect to market and credit risk exposures across broad range of products, which may include interest rate, foreign exchange, fixed income, equity, volatility, commodity and their derivatives.
• Ensure correct end of the day pricing of positions through continuous monitoring of quality, timeliness, and consistency of market inputs.
• Assisting in the implementation of new developments in the risk system.
• Daily, weekly, and monthly reporting for both internal and external purposes.
• Actively participate in the New Products requirements for the Market Risk Department.
• Assisting in the model validation process.
• Collaborate in the model documentation process for the risk system.
• Work in ad-hoc projects with different departments within the bank.

Preferred Qualifications

• Four years of practical experience in risk management or trading supporting roles is strongly preferred.