FX LATAM Options Trader Executive Director

BBVA•New York, NY

10d•$240,000 - $300,000•Onsite

About The Position

BBVA is seeking an FX Derivatives counterparty service provider to manage FX Volatility for Emerging Markets and G10, and FX Structure Notes for US Clients. The role involves quoting clients, managing hedging activities, and being responsible for the pricing and risk hedging of assets within the Trader's Mandate. This position is located in NY within the FX Trading Team.

Requirements

At least 10 years of experience in a Financial Markets role.
Experience in managing Volatility products.
University Degree, preferably in Engineering, Economics, or quantitative analysis.
High English and Spanish proficiency.
Ability to generate a positive Teamwork environment.
Comfortable dealing with tension, analytics, and data-driven decisions.
Focus on new technologies and an analytic mind-set.
Employment eligibility to work with BBVA in the U.S. is required; the company will not pursue visa sponsorship.

Nice To Haves

Preference for Engineering or Economics, quantitative analysis preferable.

Responsibilities

Manage FX Volatility for Emerging Markets (EM).
Manage FX Volatility for G10 currencies.
Handle FX Structure Notes for US Clients.
Provide FX Derivatives counterparty service to internal/external clients.
Quote prices to clients and other desks, focusing on increasing order flow and service excellence.
Manage FX e-pricing via e-Platforms, ensuring competitive rates.
Provide trading ideas as sales tools and P&L generators.
Perform dynamic hedging of market positions and coordinate risk management with other trading desks.
Maintain risks within acceptable limits.
Continuously monitor the FX market and adjust trading parameters of valuation models.
Register all trades/transactions in BBVA internal applications.
Assist middle and back office with transaction settlement to minimize operational risk.
Verify order compliance and control in case of contingency, system failure, or incidents.
Carry out daily closing processes, ensuring book risks are covered and positions are correctly informed.
Liaise with other FX Trading desks for hedging coordination and knowledge sharing.
Collaborate with the FX E-Commerce team to improve BBVA FX platform capabilities and support new FX tools/platforms.
Collaborate with Quants and Structuring teams to develop valuation models and structured FX products.
Comply with internal and external operational policies, procedures, and regulatory requirements.
Generate recurrent income, complying with budget and hit/miss targets within risk limits.
Manage the FX Trading team in NY, reporting key trading indicators to FX Global Heads and local head of Macro.