Wholesale Risk Associate II

Wholesale Risk Associate II

Description

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:

Overview:

Top European Bank with significant New York operations is looking for a Corporate Credit Underwriter. The Corporate Credit Underwriter is responsible for all aspects of financial analysis and risk management for clients and prospects in the Corporate & Investment Banking unit.

The Associate is expected to learn and contribute internal execution and risk management process within CRM group. Responsibilities include, but are not limited to, managing transaction credit underwriting and execution, working with senior members of the CRM group on deal documentation and deal closing, and ongoing credit monitoring and portfolio management.

Responsibilities:

• Manage credit related aspects of a portfolio of large, Latam & International corporate relationships within all industry sectors
• Conduct in-depth financial due diligence of borrowers, industry research, financial forecasting, and understanding of term sheets and transaction structures.
• Intermediate understanding of transactional documents, including credit agreements, reimbursement agreements, ISDA documentation, etc.
• Coordinate with Credit Risk Officers, Relationship Managers and Product Specialist to ensure that proposed transactions terms are acceptable to the Bank and to set appropriate global credit limits for both new and existing clients
• Conduct financial modeling (projections for term debt and transactions)
• Oversight of the preparation of credit applications, in compliance with the Bank’s risk policy and procedure.
• Ensure appropriate processing of transaction-related requests, such as amendments and waivers to existing credit documentation.
• Management of ongoing credit monitoring as per internal policy, including periodic reviews of assigned portfolio.

Qualifications:

• 3 to 5 years of Latam & International Large Corporate or Large Middle Market credit risk underwriting experience within a corporate or commercial banking environment or similar.
• Analytical orientation, critical thinking skills, and autonomous decision-making ability.
• Strong communication and business writing skills both in English and Spanish
• Intermediate/Strong level of credit risk skills, including the ability to work across complex structures and products.
• Intermediate understanding legal documentation, term sheets, etc.
• Ability to create a strong network of relationships among peers, internal partners, external constituencies and decision makers to deliver end products.
• Capable of understanding policies, procedures, compliance and approval process at a Corporate Bank, including comprehension of US lending regulations.
• Undergraduate degree in Finance or Accounting; MBA is a positive but is not required.
• Proficiency in Spanish is a must. (Portuguese is a positive but is not required)

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 $100,000 to $115,000. 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: [email protected] 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.

Benefits

Not Specified