Structural Risk Specialist

Excited to grow your career?

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.

At BBVA we are leading the transformation of banking worldwide, united in pursuing our goal of supporting your drive to go further. Firmly focused on the future, our on-going digital transformation is already producing disruptive innovations that power our vision of banking. Building on 160 years of history we know the importance of constant development, which is why we place so much confidence in the collaborative working environment that enables our people to grow and excel.

For over 50 years, BBVA in Switzerland has been helping clients manage their wealth with a global outlook, Swiss precision, and a philosophy that blends tradition with innovation. From Zurich to the world, we provide tailored solutions for those who value both strategy and trust.

Yet, our greatest strength lies in our people: an international, diverse, and highly skilled team that combines financial expertise with a digital mindset and innovative spirit. Continuous learning, cross-cultural collaboration, and career growth that makes a real impact in our clients’ lives drive everything we do, shaping both the way we work and the opportunities we create for our team.

Joining BBVA in Switzerland means being part of a global bank, working on pioneering projects in private and digital banking, and growing within a culture that listens, evolves, and strives to make a difference.

BBVA is a Spanish bank with its Swiss offices located in Zürich.

About the job:

Monitor, analyze and control the Bank’s structural and market risks, particularly liquidity, structural interest rate and foreign exchange risks, ensuring adherence to the Bank’s risk appetite, internal limits and regulatory requirements.

Functions (duties and responsibilities):

• Contribute to our Global Liquidity Planning & Forecasting function

• With exposure to senior management, focus on forecasting, analyzing and driving execution decisions across a variety of liquidity metrics including Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR) and Internal Economic Barometers

• Responsibility for the enhancement, control and maintenance of robust and accurate liquidity forecasts and explain as well as distribution and presentation of liquidity forecasts to management

• Interdivisional collaboration with Treasury and close interaction with our business partners as well as the rest of the CFO division especially with the ALM manager, CFO, Accounting and MIS

• Monitor and analyze structural interest rate risk, including its potential impact on earnings and economic value

• Assess and control the potential impacts of exchange rate fluctuations on foreign currency positions into the solvency (equity) and annual results of the firm

• Management and control of credit, counterparty and settlement risk of the balance sheet, including large exposure positions (Cluster Risk), NOSTRO portfolio framework and counterparties.

• Ensure that the calculation of the impairment of the financial instruments is done according to IFRS 9

Your profile:

• Degree in Business, Economics, Finance, Engineering or equivalent.
• Master’s degree, post-graduate studies or equivalent higher education in numerical/analytical fields

• Deep understanding of Know-how in risk management, risk management processes and regulatory reporting requirements.

• At least 5 years of relevant experience in banking, particularly in Asset and Liability Management (ALM), structural risk and financial markets.

• Experience with ALM and risk management tools (Alquid, QRM or equivalent), as well as programming skills (Python, SQL or similar)

• Organizational skills and the ability to manage tasks simultaneously

• Analytical and research skills and ability to review and interpret large amounts of data

• Ability to synthesize key issues and themes

• Outstanding analytical, comprehension and problem-solving skills

• Excellent attention to detail and high level of accuracy

• Motivated, flexible and team work

• Proficient knowledge of the MS Office package (especially excel)

• Fluent in Spanish and English
  

Skills: