QIS Product Development Specialist - Equity Derivatives

Area:CORPORATE & INVESTMENT BANKING Company:001 What are we looking for? STEM talent in the BBVA group: What we offer you? You will be part of a team of more than Technology and Data experts, in 25 countries, whose aim is to take the bank further thanks to technology. You will participate in one of the close to 1,800 cutting-edge technology projects that we implement annually with a positive impact on 85 million people. You will work with a wide range of technologies, from the most experienced to the most disruptive: 46 different programming languages, 201 development platforms, etc. You will collaborate with our main tech partners - Microsoft, Google, AWS, Salesforce, IBM, RedHat, Telefonica, Cisco, Genesys, etc. You will carry out innovative projects in areas such as Development, Architecture, Security, Infrastructure and Data. . You will learn by working in your project, you will work with referents and you will have access to the entire BBVA training offer and to the Ninja project, a gamified training platform with a community of more than 11,000 participants with more than 2,000 talks, 1,300 workshops and 48 hackathons held. Highly motivated professional able to work as team player in a fast growing business with more than 5 years experience in QIS to lead the development of the Volatility Risk Premia, with focus on equitiesPrevious experiences and expertise.Academic background in any of the following disciplines: finance, mathematics, physics or engineering.Master in quantitative finance or in any other quantitative field is a plusMore than 5 years of experience either in Global Markets, or an Asset Management company with a practical knowledge in the Index implementation or hedging of Systematic Volatility Strategies.A good understanding of the investment process, investment management industry, portfolio theory, and financial marketsGood understanding of Equity Derivatives Pricing and Volatility Market DynamicsUnderstanding of Systematic Volatility Strategies as Portfolio Risk mitigationAdvanced Python programming skillsLanguages skills: Fluency in EnglishThis position will require the candidate to have a valid Mifid certification. In case the candidate is not certified, they will have to obtain the pertaining certification upon the incorporation to the role. Overview QIS is a fast growing business, as part of the Investment Solutions, sits within Global Markets unit, focusing in the design, manufacturing and distribution of rule based, multi-asset strategies, built as investible indices. BBVA QIS offers clients a wide range of investment alternatives leveraging on BBVA´s powerful data- driven skills and expertise: Main tasks: Drives the development of the QIS Volatility Risk Premia strategies with a Equity Derivatives focus across listed instruments that meet the required quality and suitability for the different client’s needsIdeation of strategies and Implementation of the QIS Structuring Model (in python) Creation of the rulebook of the strategyWorking closely with trading on effective hedging of the strategiesLiaising with the relevant BBVA departments and external providers about the above dutiesSupport of the sales and marketing function as a QIS specialist in the specific asset classPost sale effort to providing regular service to the BBVA QIS clientsWorking on specific Risk Premia Solutions that fit BBVA QIS clients requestsCollaborate with other functions within the business to ensure the alignment of the product with client requirements. Working at BBVA BBVA is a global company with over 160 years of history present in 25 countries with over 81 million customers. We are more than 110,000 professionals working in multidisciplinary and diverse teams. At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier to our customers. Being part of BBVA means developing your career in one of the most innovative companies in finance. Responsible banking We're committed to responsible banking to help drive a more inclusive and sustainable society. The future of banking lies in financing the future. We started out with the spirit of helping others make the best financial decisions. That spirit remains with us today and encourages us to keep moving forward, prioritizing innovation and digital transformation so that we can put the opportunities of this new era within everyone's reach. Diversity At BBVA we believe having a diverse team makes us a better bank.For this reason, we actively support diversity, inclusion and equal opportunities regardless race, sex, age, religion, sexual orientation, gender identity or expression. We cultivate a collaborative and inclusive work environment that allows every employee to do their best work. Our values Our values define our identity; they are what drives us to make our goals a reality and they guide all of our actions and the decisions we make. Customer comes first We think big We are one team