JOB DESCRIPTION:Looking for a Junior level Counterparty Credit Risk Analyst / Associate for the Financial Institutions Group in NY (Non-Bank Financial Institutions to include Insurance Companies, Broker-Dealers, Investment Managers, Fund Families, Hedge and Mutual Funds, Financial Sponsors including Capital Call Facilities and others).
High Level Responsibilities:- Data entry and Risk Rating Modelling for Financial Sponsor, Capital Call LP's
- Financial Institutions credit analysis for U.S. and Latin American entities (Bank and Non-Bank Financial Institutions, Insurance companies, Investment Managers and Funds, Financial Sponsors) for the U.S. Broker Dealer of BBVA
- Counterparty Risk and Settlement monitoring for trading via NY Branch and U.S. Broker-Dealer
- Counterparty Credit Limit approvals for Onboarding of Counterparties in NY for the Broker-dealer and NY Branch
- Understanding of products that include Fixed Income, Foreign Exchange, DVP trading, Repo trading, Structured Finance, SBLC and Capital Call Facilities
- Provide timely and accurate reports when needed to follow-up on monitoring and results for trading activity and limit requests
- Ability to maintain credit files and folders to make sure everything is accurate to field internal audits and credit quality control
- Ability to handle oneself in potentially high stress environment with occasion crunch time deadlines
Other Responsibilities- Monitors the risk quality and credit process as established in the monitoring & follow up policy.
- Provides data to prepare reports with trends and ratios of risk metrics.
- Analyze quality risk indicators (trends, variations, problems) to minimize losses (less complex analysis).
- Provide timely and accurate reports to the Monitoring & Follow up Committee, Board, Spain, etc to allow them to make decisions regarding credit quality and ratings.
Education/ExperienceMinimum of Bachelor's Degree in Finance, Economics or related field with a minimum of 3+ years of experience in Finance, Credit Risk, or Underwriting, Loan Review experience.
With respect to this position in our New York Office, the expected base salary ranges from $110,000 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
