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BBVA

Interest Rate Volatility Trader Executive Director

BBVA, New York, New York, us, 10261

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Overview

The Interest Rate Volatility desk is an integral part of the Macro group within Global Markets. This desk develops products, serves clients, and actively manages risks associated with all interest rate volatility derivative products in G10 currencies, including both plain vanilla and structured instruments. The role focuses on profitably expanding the client business and continuously enhancing the product offering. Responsibilities

Develop and implement strategies for business growth. Act as a counterparty for interest rate volatility products for internal and external clients, providing timely price quotations upon request. Manage risks associated with trading books, including delta, vega, gamma, theta, vanna, and volga. Contribute to the development of mathematical models for valuing new payoffs and evolving existing models. Facilitate integration of the Vanilla Vol desk with the Exotics desk. Provide training and mentorship to other team members. Coordinate with Sales, Engineering, Quants, and other departments to foster and cultivate new business opportunities. Education and Experience

A strong academic background in a technical field (e.g., Engineering, Mathematics, or Physics) is required. A Master’s degree is highly valued. Minimum of 7 years of experience in pricing and managing a portfolio of interest rate options, both vanilla and exotics, with a demonstrated track record of growing business revenues. Proficiency in Excel, Python, Bloomberg, and VBA. Skills

Teamwork Detail-oriented Analytical thinking Data-based decision making Compensation and Employment Details

For this position in our New York Office, the expected base salary ranges from $200,000 to $265,000. Offers are not typically at the top of the range. Salary offers consider skills, training, experience, education, certifications, market and organizational factors. In addition to salary, a generous benefits package and discretionary bonus eligibility are provided where applicable. Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions. Employment Type and Seniority

Seniority level: Director Employment type: Full-time Job Function and Industries

Job function: Finance and Other Industries: Banking, Investment Banking, and Financial Services EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

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