Middle Office Support Senior Associate

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.

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.

Main responsibilities include, but not limited to the following

• 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

The role requires a wide variety of skills and strengths, including

• 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

Requirements

• Undergraduate Degree
• SIE and Series 7 required
• Complete NFA Long Track Proficiency Exam (or ability to obtain within 6 months)

Pay and benefits

With respect to this position in our New York Office, the expected base salary ranges from $120,000 to $140,000. 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: or by calling toll-free (in the U.S.). 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.