Cross-Desk Associate

The Cross-Desk Efficiency Associate supports multiple desks by centralizing common desk processes, providing business and execution analytics, strengthening front-office controls, and identifying opportunities for automation and standardization. The role works closely with traders but does not have trading or market-risk-taking responsibilities. Trading desks retain ownership of pricing, hedging and risk decision

Analyze lost RFQs across key parameters (price, latency, skew, size, venue, competitive behavior) and analyze bad fills, flow quality, and adverse selection. Analyze execution performance and identify potential improvements to pricing controls, including spread, skew and size rules, for review and approval by the relevant trading desk. Produce and maintain business reports covering volumes, P&L, hit/miss ratios, RFQs, client activity, and electronic vs. voice execution. Market Data & Platform Controls Upload volatility calibration Totem submissions (Term SOFR and vol surfaces) Maintain trader-approved market data, calibration inputs, hedging instruments (UST, futures, options on futures, etc.) and platform configurations across supported desks and systemsCCPs fire drills Position & Trade Controls Identify and investigate front-office position and booking discrepancies, coordinating resolution with the relevant Trading, Middle Office and Back Office teams. Validate front-office positions following portfolio compression and escalate discrepancies Efficiency, Automation & Desk Tools Identify and implement opportunities for process automation and AI-enabled workflow improvements across desks Model trades in pricing tools Provide cross-desk support for exceptional operational, control, and platform-related situations

With respect to this position in our New York Office, the expected base salary ranges from $100,000 to $120,000. 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