Senior Structurer Corporates/Financial Sponsors | London, UK

Excited to grow your career?

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.

About the job:

The Structuring team generates cross assets structured products and actionable ideas for BBVA’s Institutional & Corporate Clients.

Develop tailor-made structured GM products, to provide the Sales desks with a wide range of investment and hedging ideas/ solutions to offer to the clients. Focus on understanding clients’ needs and regulatory limitations, and the BBVA trading and operational capabilities.

We need that:

• You are a passionate and engaged team player
• You have an analytical mindset and attention to detail.
• You are good at communicating ideas to stakeholders and managers.
• You can establish long-term healthy relationships with people involved in project development and support areas.
• You want to be involved in a growth project, in a fast-moving environment where continuous learning and adaptation skills are key.

Your day-to-day work will entail:

• Develop tailor-made structured GM products, to provide the Sales desks with a wide range of investment and hedging ideas/ solutions to offer to the clients. Focus on understanding clients’ needs and regulatory limitations, and the BBVA trading and operational capabilities.
• Coordinate the generation of new ideas and/or product solutions for the Sales desks, leading the interaction with other GM units as Trading and Research. Design specific GM product proposals based on Research recommendations and market view.
• Encourage coordination with the Accounting & Capital Solutions Specialists for analyzing the capital consumption and accounting of the different product proposals. Focus on developing products that enable the financial and accounting optimization for both the clients and BBVA.
• Assist the Sales desks in the clients’ commercial management, taking part in visits and meetings with the clients. Offer a specialized service about the product structure, characteristics, and risks, taking into account the client’s investment and hedging needs and the regulatory and accounting framework that affects each customer’s segments.
• Drive the interaction with the Risk unit to present new products and negotiate the risk framework for the GSS activity. Take part in different risk committees to manage the operation/product approval, if needed.
• Encourage dialogue with the Sales and Trading desks in order to mainstream and coordinate the market and customer needs knowledge. Act as a bridge between the Sales and Trading teams for the commercial and trading strategy alignment and coordination.
• Help in defining Global Markets operational processes and workflows, taking into account new concepts that can affect the trading and sales activity (CVA, FVA, Funding Cost/Benefits, etc.)
• Lead specific projects within the GSS unit, being responsible for the project execution and coordination. Act on behalf of the GSS unit in different working groups and meetings, interacting with different internal units (Operations, Legal and Risks, etc.)
• Generate recurrent income in order to meet the revenue targets that are set each year in the GSS unit and the Global Sales & Structuring unit’s overall budget. Focus on boosting revenues through the development and commercialization of GM-structured products.
• Ensure that the desk activity complies with both internal and external operational policies, procedures, and regulatory requirements. Provide support to Internal Control CIB in monitoring compliance with the established trading framework.
• Report to the Global Structured Solutions Manager on a periodic and ad-hoc basis about the status of all product developments and operations under his/her responsibility, proactively providing new ideas and/or product solutions for the Sales desks, working closely with other GM units as Trading and Research. Focus on meeting clients’ needs, considering the BBVA risk and trading strategy and capabilities.
• Provide indicative prices in GM structured products to clients’ requests submitted by the Sales desks based on the pricing rules framework established by the Trading units. Focus on understanding the products’ risks and the trading strategy and capabilities.
• Coordinate, with the Trading desks, the final product pricing and valuation, taking into account the individual valuation of the different product risks.
• Draft product presentations and other commercial documentation, together with the GSS Product and Accounting & Capital Solutions Specialists. Include in the product term sheet the product characteristics, risks, scenarios and probabilities, etc.
• Maintain updated the GM structured products’ catalog, describing each product’s characteristics and risks. Focus on meeting regulatory requirements.
• Liaise alongside the Sales and Trading desks in order to mainstream and coordinate the market and customer needs knowledge. Act as a bridge between the Sales and Trading teams for the commercial and trading strategy alignment and coordination.

Education and experience:

• Degree in STEM degree (Science, Technology, Engineering or Maths) and/or degree in Finance.
• A Master’s degree in Quantitative Finance, Risk Management, Financial Markets, or related fields is a plus.
• At least 3 years experience with a bank or other financial institution in Structuring or related roles.
• Buy or sell side or Structuring experience in Structured Products for IR, credit, equities, and/or FX.
• Excellent marketing and communication skills.
• Good background in derivatives valuation theory and risk management.
• Advanced user of Excel and financial information tools.

Languages:

• English (minimum C1)
• Spanish (appreciated but not mandatory)
• Other European languages appreciated (French, German, Italian)

Soft skills:

• Team player
• Good marketing and communication skills.
• Analytical thinking and detail-oriented.

Skills:

• Banking
• English Language
• Mathematical Finance

#J-18808-Ljbffr