At a Glance
- Tasks: Drive growth in FX derivatives, manage risk, and provide top-tier client service.
- Company: Dynamic global financial institution with a focus on innovation.
- Benefits: Competitive salary, performance bonuses, and opportunities for professional development.
- 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, strong analytical skills, and fluency in English and Spanish.
- Other info: Collaborative environment with global coordination and excellent career advancement potential.
The predicted salary is between 72000 - 108000 Β£ per year.
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
- 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.
- 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.
- 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.
Experience & Education
- 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 employer: BBVA
Contact Detail:
BBVA Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land FX Options Trader
β¨Tip Number 1
Network like a pro! Reach out to industry contacts on LinkedIn or attend finance events. We all know that sometimes itβs not just what you know, but who you know that can land you that FX Options Trader role.
β¨Tip Number 2
Prepare for those interviews by brushing up on your market knowledge and trading strategies. We recommend practising common interview questions and even doing mock interviews with friends to boost your confidence.
β¨Tip Number 3
Showcase your analytical skills! Be ready to discuss how you've used data to make trading decisions in the past. We want to see that you can thrive in a fast-paced environment and handle complex market scenarios.
β¨Tip Number 4
Donβt forget to apply through our website! Itβs the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace FX Options Trader
Some tips for your application π«‘
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the FX Options Trader role. Highlight your experience in managing volatility products and any relevant quantitative analysis background to catch our eye!
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 previous roles have prepared you for this position. Donβt forget to mention your collaborative spirit and data-driven mindset!
Showcase Your Achievements: When detailing your experience, focus on specific achievements that demonstrate your ability to generate income and manage risks effectively. Numbers speak volumes, so include metrics where possible to back up your claims!
Apply Through Our Website: We encourage you to apply directly through our website. Itβs the best way for us to receive your application and ensures youβre considered for the role. Plus, it shows youβre keen on joining our team!
How to prepare for a job interview at BBVA
β¨Know Your FX Products Inside Out
Make sure you have a solid understanding of FX derivatives, especially volatility products. Brush up on your knowledge of pricing, risk management, and hedging strategies. Being able to discuss these topics confidently will show that you're not just familiar with the role but also passionate about it.
β¨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, particularly in high-pressure environments. This will highlight your ability to thrive in the fast-paced trading ecosystem theyβre looking for.
β¨Emphasise Team Collaboration
Since this role involves working closely with various teams globally, be ready to discuss your experience in fostering collaboration. Share specific instances where youβve successfully worked with others to achieve common goals, especially in a multi-national context.
β¨Prepare for Technical Questions
Expect some technical questions related to FX markets and trading strategies. Brush up on your quantitative analysis skills and be prepared to solve problems on the spot. This will demonstrate your readiness to tackle the complexities of the role head-on.