Credit Risk, Financial Institutions Senior Analyst

BBVA

$110K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Finance, Economics, or related field.
  • 3+ years of experience in Finance, Credit Risk, or Underwriting.
  • Familiarity with Data Entry and Risk Rating Modelling concepts.
  • Understanding of products like Fixed Income, Foreign Exchange, and Repo trading.
  • Experience in credit analysis for Financial Institutions in U.S. and Latin America.

Responsibilities

  • Perform data entry and develop risk rating models for capital call limited partnerships.
  • Conduct credit analysis for various financial institutions including insurance companies and investment managers.
  • Monitor counterparty risk and settlement for trading activities in the NY Branch.
  • Approve counterparty credit limits during the onboarding process.
  • Prepare and report on trading activity and limit requests promptly and accurately.
  • Maintain organized credit files for audit and internal control purposes.
  • Analyze risk metrics and trends to aid in decision-making for credit quality.

Benefits

  • Generous employee benefits package.
  • Eligible for discretionary bonuses based on performance.
  • Opportunity to work in a dynamic and potentially high-stress trading environment.
Full Job Description
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/Experience Minimum 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

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