Credit Derivatives Executive Director
BBVA
Hong Kong
Full time
Permanent
On-site
Competitive
About the job
Key Responsibilities
1. Business Setup & Development
- Lead the establishment and development of the Credit Derivatives trading business in Asia, aligned with the global strategy.
- Define and execute a roadmap to build a fully operational and scalable trading platform in the region.
2. Trading Infrastructure & Operational Framework
- Drive the implementation of pricing tools, booking systems, market data, risk monitoring and reporting capabilities.
- Coordinate with Technology, Operations, Finance and other stakeholders to ensure end-to-end trading capabilities and robust operational processes.
3. Risk Management & Governance
- Work with Risk, Compliance and relevant stakeholders to establish appropriate trading limits, risk management frameworks and governance processes.
- Develop hedging capabilities and ensure alignment with global standards and local regulatory requirements.
4. Client Franchise & Business Origination
- Build relationships with institutional clients, interbank counterparties and key market participants across Asia.
- Partner with Sales and Structuring to identify business opportunities and develop the regional Credit Derivatives franchise.
5. Trading & Product Capabilities
- Coordinate with Quants, Structuring and global trading teams to implement pricing models and develop new product capabilities.
- Support trading activity, pricing and risk management during the initial development phase.
6. Team Development & Scalability
- Establish the infrastructure, processes and commercial relationships required for a sustainable local trading business.
- Prepare the platform for the onboarding of a local Trader Associate within approximately 12 months, enabling independent day-to-day trading and risk management within the established framework.
First-Year Objective
- Establish a fully operational, risk-controlled and commercially viable Credit Derivatives trading platform in Asia, with the systems, governance, market access and client relationships required to support the expansion of the local trading team.
- University Graduate, major in a numerical or engineering subject preferred
- 10-15 years experience in structured credit.
- Strong analytical skills, with the ability to interpret complex market data and derive actionable insights.
- Solid understanding of derivatives and securities financing documentation and related transaction processes.
- Exceptional communication and interpersonal skills, with the ability to engage effectively with clients, team members, and senior stakeholders across different regions.
- Strong leadership and coordination skills, with the ability to guide and influence team members within a matrix reporting structure.
- Sound commercial judgment and strong understanding of financial markets, client needs, and regulatory requirements.
About BBVA
- BBVA is one of the largest and strongest financial institutions in Europe. It enjoys a dominant position in Spanish-speaking Latin American countries and has an ambitious strategy to expand its presence in Asia
- At BBVA, one can combine the challenges and high profile work of a large financial institution with the opportunity to make a real impact in a dynamic and competitive environment.