Market and Liquidity Risk Associate

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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:

Organizational Unit:

The Market Risk Department (MRD) is part of Global Risk Management in the USA and is an integral portion of BBVA’s global Corporate & Investment Banking (CIB) division. The team oversees the market, interest rate of the banking book and liquidity risk for the New York Branch and the Broker Dealer and also run the Enterprise Risk Management Program in the USA and the Business and Services Product Approval Committees (BASPACs).

Summary of Responsibilities:

• Implement and maintain the liquidity risk metrics framework in the US branch (e.g., Basic Capacity, liquidity stress testing, structural gap, etc.).
• Participate in the deployment and use of tools for measuring structural risks (liquidity and IRRBB).
• Analyze the behavior and profile of deposits, collateral, institutional funding, and structural balance sheet positions.
• Calculate, interpret, and report interest rate risk in the banking book (IRRBB) and liquidity metrics: sensitivity gap, economic value, regulatory scenarios.
• Conduct stress testing for both liquidity and interest rate risk, incorporating business assumptions and regulatory parameters.
• Collaborate with GRM CIB and GRM Holding to adapt the global framework to local requirements, ensuring consistency and appropriate structural risk coverage.
• Support business developments (e.g., deposit gathering, issuances, commercial paper programs) from a structural risk standpoint.
• Participate in regulatory projects, internal or external audits, and supervisory reviews.

Level of Complexity and Risk Involved:

The position requires being comfortable with complex daily activities, understanding the risk involved in different capital markets products offered by NY Branch. Willingness to work under strict deadlines providing high quality output. The reports produced are used by senior management for monitoring of risk exposures of NY Branch and BSI. Most reports will be also shared with internal audit and external regulators. Therefore, consistent accuracy of the output and understanding of underlying risks are important.

Skills, abilities and competencies:

The position requires a combination of technical, analytical and interpersonal skills

• Ability to work with complex datasets and generate actionable insights.
• Proficiency in analytical tools: advanced Excel, SQL, Python (preferred), Tableau and familiarity with balance sheet/liquidity risk systems. Ability to work with complex datasets and generate actionable insights.
• Knowledge of Liquidity and IRRBB risk: LCR, NSFR, Basic Capacity, stress testing, sensitivity gap, economic value, regulatory approaches.
• Understanding of bank balance sheets and funding structures.
• Minimum of 3 years of experience in structural risk roles within banking institutions or specialized consulting firms, with exposure to international environments.

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.

With respect to this position in our New York Office, the expected base salary ranges from $100,000 to $120,000. 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.

*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

Legal requirements

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.

Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: [email protected] or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.

*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.

EEO Statement

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.