Full Job Description
JOB DESCRIPTION:
Looking for a Mid-Level to Senior Counterparty Credit Risk Analyst 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 and others).
High Level Responsibilities:
• 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)
• Counterparty Risk and Settlement monitoring for trading via NY Branch (Bank) and BSI (U.S. Broker-Dealer)
• Coordination of approvals for Global Trade Finance (SBLC, SLC) bookings in NY
• Counterparty Credit Limit approvals for Onboarding of Counterparties in NY
• Knowledge of ISDA / CSA / CDEA / MRA & GMRA / SLA & MSLA documentation, negotiations and monitoring for Financial Institutions
• 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
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
• Bachelor's Degree in Finance, Economics or related field with at least seven years (5-7) of Finance, Credit Risk, or Underwriting, Loan Review experience. Work experience may substitute for education requirements.
• Ability to speak and read Spanish is a strong plus for this position, but not a must.
Licenses/Certifications/Registrations
• Required: None Required
• Preferred: None preferred, although Series 7, 24, 63 (or similar additional knowledge a bonus to have), and licenses can be maintained.
With respect to this position in our New York Office, the expected base salary ranges from $150,000 to $175,000. 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