Manager – Structural Risk UK

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.

As part of the rollout of the structural risk management framework across BBVA SA’s key international CIB branches, we are seeking to hire a senior profile based in the UK branch to strengthen the capabilities for analysis, monitoring, and reporting of both liquidity risk and interest rate risk in the banking book (IRRBB).

This role will provide direct support in the implementation and ongoing evolution of the framework defined by the Risk function, adapted to local specificities, and will work closely with teams from GRM CIB Holding, Finance, ALM, Treasury, and GRM.

About the job:

Key Responsabilities:

• Implement and maintain the liquidity risk metrics framework in the UK branch (e.g., Basic Capacity, liquidity stress testing, structural gap, etc.).

• Participate in the deployment and use of tools for measuring structural risks (liquidity and IRRBB).

• Analyze the behavior and profile of deposits, collateral, institutional funding, and structural balance sheet positions.

• Calculate, interpret, and report interest rate risk in the banking book (IRRBB) metrics: sensitivity gap, economic value, regulatory scenarios.

• Conduct stress testing for both liquidity and interest rate risk, incorporating business assumptions and regulatory parameters.

• Collaborate with GRM CIB and GRM Holding to adapt the global framework to local requirements, ensuring consistency and appropriate structural risk coverage.

• Support business developments (e.g., deposit gathering, issuances, commercial paper programs) from a structural risk standpoint.

• Participate in regulatory projects, internal or external audits, and supervisory reviews.

What are we looking for?

• Minimum of 5 years of experience in structural risk roles within banking institutions or specialized consulting firms, with exposure to international environments.

• Strong knowledge of:

  • Liquidity risk: LCR, NSFR, Basic Capacity, stress testing.

  • IRRBB: sensitivity gap, economic value, regulatory approaches.

• Proficiency in analytical tools: advanced Excel, SQL, Python (preferred), and familiarity with balance sheet/liquidity risk systems.

• Comprehensive understanding of bank balance sheets and funding structures.

• Ability to work with complex datasets and generate actionable insights.

• Strong interpersonal skills to interact with global teams (GRM Holding, Finance, Treasury).

• High level of professional English (minimum C1).

• Demonstrated autonomy, proactivity, and cross-functional communication skills.

Please note that priority will be given to candidates who are elegible to work in the UK.

Skills: