At a Glance
- Tasks: Lead strategic projects in market risk management and collaborate with diverse teams.
- Company: Join BBVA, a global leader with over 160 years of history and 80 million customers.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Fluency in English and Spanish is essential; remote work options available.
- Why this job: Make a real impact in financial risk management while working with top professionals.
- Qualifications: 10+ years in finance, strong risk analysis skills, and experience with complex initiatives.
The predicted salary is between 63000 - 77000 £ 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.
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
Market Risk Senior Manager in London employer: BBVA
BBVA is an excellent employer that fosters a collaborative and innovative work culture, providing employees with the opportunity to engage in impactful projects across Europe. With a strong focus on professional development, you will benefit from tailored training programs and mentorship, ensuring your growth in the dynamic field of DCM. Additionally, our commitment to diversity and inclusion creates a supportive environment where every team member can thrive and contribute meaningfully to client success.
StudySmarter Expert Advice🤫
We think this is how you could land Market Risk Senior Manager in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BBVA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Market Risk Senior Manager in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BBVA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BBVA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BBVA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BBVA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BBVA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BBVA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
