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BBVA · 1 month ago

Interest Rate Volatility Trader Executive Director

New York, NY

Full-time

Onsite

Mid, Senior Level

$200K/yr - $265K/yr

7+ years exp

BBVA is a prominent financial institution, and they are seeking an Interest Rate Volatility Trader Executive Director. The role involves developing strategies for business growth, managing risks associated with trading books, and enhancing the product offering for interest rate volatility derivatives in G10 currencies.

AccountingBankingFinanceFinancial ServicesLending

Comp. & Benefits

No H1B

Responsibilities

Develop and implement strategies for business growth

Act as a counterparty for interest rate volatility products for both internal and external clients, providing timely price quotations upon request

Manage various risks associated with the trading books, including but not limited to delta, vega, gamma, theta, vanna, and volga

Contribute to the development of mathematical models essential for valuing new payoffs integrated into the product catalog or for evolving existing models

Facilitate the integration of the Vanilla Vol desk with the Exotics desk

Provide training and mentorship to other team members

Coordinate with diverse departments across the bank, such as Sales, Engineering, and Quants, to foster existing and cultivate new business opportunities

Qualification

Interest rate optionsMathematical modelingBusiness growth strategiesExcelPythonBloombergVBAAnalytical thinkingData-based decision makingTeamworkDetail-oriented

Required

A strong academic background in a technical field (e.g., Engineering, Mathematics, or Physics) is required

A Master's degree is highly valued

A 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 successfully growing business revenues, is essential

Proficiency in commonly used tools such as Excel, Python, Bloomberg, and VBA is expected

Develop and implement strategies for business growth

Act as a counterparty for interest rate volatility products for both internal and external clients, providing timely price quotations upon request

Manage various risks associated with the trading books, including but not limited to delta, vega, gamma, theta, vanna, and volga

Contribute to the development of mathematical models essential for valuing new payoffs integrated into the product catalog or for evolving existing models

Facilitate the integration of the Vanilla Vol desk with the Exotics desk

Provide training and mentorship to other team members

Coordinate with diverse departments across the bank, such as Sales, Engineering, and Quants, to foster existing and cultivate new business opportunities

Teamwork

Detail-oriented

Analytical thinking

Data-based decision making