At a Glance
- Tasks: Drive growth in FX derivatives, manage pricing and risk for global clients.
- Company: BBVA, a global leader with over 160 years of experience.
- Benefits: Competitive salary, dynamic work environment, and opportunities for professional growth.
- Why this job: Join a high-energy team and make an impact in the fast-paced world of FX trading.
- Qualifications: 5+ years in financial markets, degree in Engineering or Economics, bilingual in English and Spanish.
- Other info: Collaborative culture with global coordination and innovative product development.
The predicted salary is between 72000 - 108000 £ per year.
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.
The position is inside the Global FX Trading Team and more specifically, inside the FX Global Vol Team. This Team is inside the Global Market Unit.
About the job:Role Overview: As an Executive Director within our Global FX team, you will play a pivotal role in driving the growth and sophistication of our derivatives business. You will be responsible for the pricing, risk management, and strategic hedging of FX assets, ensuring excellence in counterparty service for both internal and external global clients. This senior position requires a high-energy leader who can navigate complex market ecosystems while fostering a collaborative, data-driven environment.
Main Tasks & Responsibilities- Market Leadership & Strategy:
- Strategic Portfolio Management: Oversee and manage global books across FX Vol EM, FX Vol G10, and FX Structured Notes for European clients.
- Desk Evolution: Collaborate directly with the FX Trading Desk Manager to define and execute desk strategies that meet evolving customer demands and regulatory requirements.
- Performance Excellence: Generate recurrent income in alignment with budget targets while maintaining strict adherence to Mandates Risk Limits.
- Pricing & Execution:
- Market Making: Provide high-tier counterparty service by quoting competitive prices on FX derivatives and managing e-pricing platforms to ensure market leadership.
- Dynamic Hedging: Execute sophisticated hedging strategies for market positions, coordinating with other trading desks to break and cover risks effectively.
- Innovation: Provide actionable trading ideas to the Sales team to serve as P&L generators and client engagement tools.
- Collaboration & Global Synergy:
- Global Coordination: Act as a key link between Derivatives Traders in Madrid, Hong Kong, and Mexico to ensure success across global mandates.
- Product Development: Partner with Quants and Structuring teams to engineer valuation models and innovative structured FX products.
- Platform Enhancement: Collaborate with FX E-Commerce teams to refine and commercialize proprietary FX platform capabilities.
- Operational Integrity:
- Risk Oversight: Monitor FX markets continuously and maintain risks within allowed limits, ensuring all transactions are accurately registered in internal systems.
- Compliance: Verify order compliance and manage daily closing processes to ensure positions are correctly reflected and operational risks are minimized.
- Reporting: Deliver periodic and ad-hoc reports to Global Heads regarding P&L, positions, and key trading indicators.
- Proven Track Record: At least 5 years of professional experience in a Financial Markets role, specifically managing volatility products.
- Academic Excellence: A University Degree is required, with a strong preference for Engineering, Economics, or a background in Quantitative Analysis.
- Linguistic Skills: Proficiency in both English and Spanish is essential to serve our primary customer base and global hubs.
- Analytical Rigor: A data-decision-driven mindset with the ability to thrive in a high-tension, fast-paced trading ecosystem.
- Technological Fluency: A strong focus on new technologies and the ability to leverage analytical tools to drive trading success.
- Cultural Leadership: A positive, high-energy individual who promotes teamwork and global synergies across a diverse, multi-national team.
FX Options Trader in London employer: BBVA Group
Contact Detail:
BBVA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land FX Options Trader in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current FX traders on LinkedIn. Building relationships can open doors that a CV just can't.
✨Ace the Interview
Prepare for your interviews by researching common FX trading scenarios and market trends. Practice articulating your thought process clearly, as they’ll want to see how you tackle complex problems under pressure. Remember, confidence is key!
✨Showcase Your Skills
Use real-world examples to demonstrate your expertise in pricing and risk management during discussions. Bring along any relevant projects or analyses you've done to show off your analytical skills and innovative thinking.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, you’ll join our Talent Community for future opportunities tailored to your profile.
We think you need these skills to ace FX Options Trader in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the FX Options Trader role. Highlight relevant experience and skills that match the job description. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about FX trading and how your background makes you a perfect fit for us. Keep it concise but impactful!
Showcase Your Analytical Skills: Since this role requires a data-driven mindset, be sure to include examples of how you've used analytical tools in your previous roles. We love seeing candidates who can think critically and make informed decisions.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, you’ll join our Talent Community for future opportunities!
How to prepare for a job interview at BBVA Group
✨Know Your FX Options Inside Out
Before the interview, make sure you brush up on your knowledge of FX derivatives and market dynamics. Understand the latest trends in volatility products and be ready to discuss how you would apply this knowledge in real-world scenarios.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Bring examples of how you've used data-driven decision-making in past roles, especially in high-pressure trading environments. This will show that you can thrive in the fast-paced world of FX trading.
✨Highlight Your Collaborative Spirit
Since the role involves working closely with global teams, be ready to share experiences where you've successfully collaborated across different departments or regions. Emphasise your ability to foster teamwork and drive results in a diverse environment.
✨Prepare for Technical Questions
Expect technical questions related to pricing, risk management, and hedging strategies. Brush up on relevant quantitative analysis techniques and be prepared to discuss how you would approach specific trading scenarios. This will help you stand out as a knowledgeable candidate.