Middle Office Support Senior Associate

BBVA•New York, NY

21h•$120,000 - $140,000•Onsite

About The Position

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: Summary We are looking for a Front Office Support specialist to join our team. The specialist will provide functional support within Global Markets Sales & Trading on any delegated activity which may include the calculation and valuation of all traded operations, ad-hoc reports and analysis as well as providing assistance in the trade capture of executed tickets. Additionally, the candidate will look for strategic solutions and improvements of trading and sales processes to help grow Fixed Income, FX/Rates Derivatives, and Structured Notes business. The specialist will serve as the point of contact for both internal (Sales and Trading, Back office, Compliance, Engineering, and etc ) and external clients. The ideal candidate will have knowledge and experience supporting the Securities Finance business with an in-depth understanding of the trade lifecycle of trades from Front to Back.

Requirements

A strong understanding of GM products; Repo, Fixed Income Securities Derivatives, FX, and Structured Notes.
Knowledge of the front to back lifecycle of trades
Strong attention to detail and the ability to clearly communicate with others
Strong technical skills in Excel (VBA a plus)
Team player with the ability to work in a fast paced environment
Ability to prioritize and manage different tasks under pressure
Undergraduate Degree
SIE and Series 7 required
Complete NFA Long Track Proficiency Exam (or ability to obtain within 6 months)
Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

Nice To Haves

VBA a plus

Responsibilities

Process and monitor all trades that have been registered by Front Office employees to ensure that they flow through Global Markets trading systems.
Review and ensure all breaks found in the automated interfaces between Front Office systems are corrected and properly updated: Review existing reconciliations and propose new reconciliations if needed for continuous improvements
Trade capture and booking of OTC derivative transactions and securities.
Monitor and Control transaction based reporting.
Perform operational activities (e.g., security and account set-up, trade blotter monitoring, retention of TermSheets and Final Terms)
Participate in continuous project work involving process improvement, system implementation, new product or new market rollouts
Timely escalation of urgent issues to management