WHOLESALE RISK SENIOR MANAGER II

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.

About the job:

Key Responsibilities

• Analyze the creditworthiness of financial institution counterparties to determine risk appetite, limits, and exposure structures

• Prepare, present, and defend credit proposals, supporting transaction approvals and ongoing client assessment

• Monitor counterparty risk across portfolios (incl. derivatives and securities financing), identifying emerging risks and ensuring exposures remain within limits

• Assess risks on complex financial products and transactions, including derivatives and structured financing

• Conduct due diligence on clients, incorporating market developments, regulatory changes, and rating actions

• Ensure compliance with internal policies and regulatory frameworks; maintain accurate ratings, limits, and systems data

• Review and contribute to trading documentation (ISDA/CSA/GMRA/GMSLA), including collateral and margining terms

• Partner with Front Office and support functions to enable efficient execution while ensuring robust risk mitigation

• Perform stress testing and portfolio analysis, including concentration and wrong-way risk

• Support regulatory requests, audits, and internal reporting requirements

• Produce regular portfolio risk reports and respond to ad hoc analyses

• Provide guidance and oversight to junior analysts, including reviewing credit work, supporting their technical development, and promoting strong risk discipline

Qualifications & Experience

• Bachelor’s degree in Finance, Economics, Business, or related field

• Minimum 8 years of experience in credit risk / counterparty risk, with financial institutions coverage

• Strong analytical skills with solid understanding of FI financials and risk metrics

• Knowledge of financial markets and products, including derivatives and trading documentation (ISDA/CSA/GMRA/GMSLA)

• Excellent communication and organizational skills

Language & Other Skills

• Fluency in English; additional Asian language (Chinese/Korean/Japanese) preferred; Spanish is a plus

• Experience with Bloomberg, Capital IQ or similar platforms

• Programming skills (e.g., Python, VBA) are an advantage 

Job Posting 

BBVA Hong Kong will conduct a background check on you in accordance with the Mandatory Reference Checking (MRC) Scheme regulated by the Hong Kong Monetary Authority (HKMA).  Should any discrepancy identified or deemed unsatisfactory to us, we reserve the rights to terminate your employment in such case.  (FAQs for In-Scope Individual: https://www.hkab.org.hk/files/page/page-content/79/FAQs_for_In-Scope_Individuals_(24_July_2025)-1753348029.pdf)

Skills:

Analytical Thinking