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:
==================
At
C&IB Global Markets
, our
Advanced Analytics & Algorithmic Trading
team is at the forefront of transforming our business into a more scientific and data-driven enterprise. We are seeking a highly skilled
Algo Trading Quant
to join our efforts in building a cutting-edge suite of trading algorithms for our
Credit Flow Desks in New York
.
###
Key Responsibilities
As part of our team, you will have the opportunity to work on impactful initiatives that blend quantitative finance with advanced technology, including:
Development of Advanced Analytics Models
: Design and implement models to estimate fair value, market liquidity, optimal bid-ask spreads, hedging strategies, and other pricing insights for credit instruments.
Algorithmic Trading Solutions
: Build and refine market-making and execution algorithms using scientific methodologies such as
stochastic optimal control
,
machine learning
, and
reinforcement learning
.
Signal Generation
: Develop predictive indicators and alpha signals based on market trends, volatility, volume, inflation metrics, and other relevant features.
Performance Analysis
: Create robust frameworks for
ex-ante
(backtesting) and
ex-post
(P&L attribution) evaluation of models and algorithmic strategies.
Trader Collaboration
: Work closely with credit trading desks in
London and New York
to understand their business goals, translate those into quantitative models, and iteratively refine your solutions based on trader feedback.
###
Ideal Candidate Profile
We are looking for a candidate with strong quantitative acumen and a passion for applying data science to financial markets. You should possess:
Education
: A Master's degree in
Physics
,
Mathematics
,
Statistics
,
Engineering
, or
Computer Science
.
Experience
: 3-5 years in a quantitative research, algorithmic trading, or data science role within the financial industry or a similarly rigorous environment.
Market Knowledge
: Solid understanding of
financial markets
. Familiarity in
credit trading instruments
and strategies is a plus
Mathematical Fluency
: Ability to conceptualize and communicate complex ideas in mathematical terms. Proficiency in
stochastic calculus
,
Bayesian methods
, and
optimal control theory
is a strong plus.
Programming Skills
:
+
Proficient in
Python
and object-oriented languages such as
Java
.
+
Knowledge of
KDB+/Q
is highly valuable.
Data & ML Tools
: Experience with common
machine learning libraries
and
big data technologies
such as
Hadoop
and
Spark
.
Soft Skills
:
+
Entrepreneurial mindset with the initiative to identify and pursue opportunities.
+
Ability to work under pressure and deliver results in fast-paced environments.
+
Strong communication skills in
English
; Spanish is a plus but not required.
###
Why Join Us?
You will be part of a dynamic team shaping the future of algorithmic trading within a growing investment bank. You will gain hands-on experience working on mission-critical systems, be empowered to innovate, and see your solutions make a real impact on the business.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
With respect to this position in our New York Office, the expected base salary ranges from $90,000 to $105,000. 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:
disabilityaccessjobs.us@bbva.com
or by calling toll-free (in the U.S.) 1-844-664-9275. 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.
EEO Statement
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
View the "
EEO is the Law
" & "
View the EEO is the Law Supplement Poster
" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.
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Job Detail
Job Id
JD5764757
Industry
Not mentioned
Total Positions
1
Job Type:
Full Time
Salary:
90000.0 105000.0 USD
Employment Status
Permanent
Job Location
New York, NY, US, United States
Education
Not mentioned
Apply For This Job
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