What does the job entail?
Senior Analyst - LATAM NDF Trader
The FX Trader will be responsible for pricing and hedging client trades, as well as, implementing risk management strategies. Products involved include Foreign Exchange and Interest rates Derivatives.
Responsibilities:
Price transaction to clients via different distribution channels BBVA has.
Appropriate risk management derived from client activity, ensuring the bank’s risk profile is under predefined limits.
Achieve revenue goals from market making activity with client transactions
Ensure all regulatory limits and restrictions are met.
Track market activities; understand and evaluate new developments in the market and report on potential impact on business/position.
Develop and execute trading strategies. Conduct analysis and execute trades consistent with overall strategy of the desk, ensuring all policies, procedures and limits are properly observed.
Lead team discussions offering insights and opinions; represent the desk in internal discussions with key stakeholders.
Develop and build strong relationships with internal and external counterparts through active engagement.
Conduct regular discussions with the dealer community, to ensure they understand BBVA business priorities. Represent the company at both presentations and one-on-one meetings with external counterparts, including broker/dealers and customers/investors.
Use internal valuation and risk models to assist with analysis.
Demonstrate proficiency with market data sources
Contribute to the process of model and technology improvement across various analytic and database tools.
Provide guidance and leadership to less experienced members of the team.
Identify opportunities to enhance our business practices/strategy through adapting to the market changes and make recommendations to management to enhance strategy.
Monitor balances of several currencies
Pricing of Interest Rate Derivatives and hedging for the foreign currency loans activity with clients.
Participate in several projects proving input and testing systems
Education-experience:
Bachelor's degree in a quantitative or analytic discipline is required. Experience with derivatives pricing and market risk management. Work experience may substitute for education requirements.
Must have regulatory knowledge.
Must be familiar with Murex, STAR, Bloomberg, Python, Markitwire, MS Excel.
Must have proficiency in Spanish.
Additional Minimum and Preferred Qualifications
Benefits Statement
Benefits: A variety of health and welfare and other benefit programs are available, including medical, dental, vision, Wellness Program, Personal Savings Plan (401K), Health Savings Account, Flexible Spending Account, accident benefits, critical illness, hospital indemnity, life insurance, disability benefits, paid vacation & holidays, paid leave programs, tuition assistance programs, pet insurance and more.
Legal requirements
With respect to this position in our New York Office, the expected base salary ranges from $95,000.00 - 105,000.00. It is not typical for offers to be made at or near the top of the range. Salary offers are based on a wide range of factors including relevant skills, training, experience, education, and, where applicable, certifications obtained. Market and organizational factors are also considered. In addition to salary and a generous employee benefits package, successful candidates are eligible to receive a discretionary bonus.Working at BBVA
BBVA is a global company with over 160 years of history present in 25 countries with over 81 million customers. We are more than 110,000 professionals working in multidisciplinary and diverse teams.
At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier to our customers.
Being part of BBVA means developing your career in one of the most innovative companies in finance.
Responsible banking
We're committed to responsible banking to help drive a more inclusive and sustainable society. The future of banking lies in financing the future.
We started out with the spirit of helping others make the best financial decisions. That spirit remains with us today and encourages us to keep moving forward, prioritizing innovation and digital transformation so that we can put the opportunities of this new era within everyone's reach.
Diversity
At BBVA we believe having a diverse team makes us a better bank.
For this reason, we actively support diversity, inclusion and equal opportunities regardless race, sex, age, religion, sexual orientation, gender identity or expression. We cultivate a collaborative and inclusive work environment that allows every employee to do their best work.
Our values
Our values define our identity; they are what drives us to make our goals a reality and they guide all of our actions and the decisions we make.
Customer comes first
We think big
We are one team
BBVA's purpose is "to bring the age of opportunity to everyone". For us, creating opportunities is more than just a tagline, it’s a way of life! Our culture is heart of who we are. It's realized through our Purpose and our Values, and defines our...
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