Role Overview:BBVA NY is seeking a Credit Risk officer to join our Financial Institutions team in New York. This role requires specific experience in Financial Sponsors coverage. The role will primarily focus on performing reviews of global sponsor exposures as part of the Annual Review process.
Key Responsibilities:- Prepare comprehensive, high-quality credit applications that showcase financial sponsor, its strategy, annual update, as well as a list of all exposures that BBVA maintains with this sponsor across portfolios and geographies.
- Present credit applications for approval to both the New York and Madrid Credit Committees.
- Maintain accurate credit files and documentation folders to ensure readiness for internal audits and credit quality control reviews.
- Maintain trackers of sponsor and related fund exposures
- Knowledge of traded products and related documentation, including ISDA, CSA, CDEA, and GMRA agreements.
- Utilize advanced Excel skills to manage and coordinate spreadsheets and financial data
- Possess strong communication and presentation skills, capable of handling high-stress environments and meeting occasional crunch-time deadlines effectively.
Knowledge and Expertise:- In-depth knowledge and experience of financial sponsors and their activity.
- Knowledge of the Fund Finance space, structured products, derivative products is a plus
- Ability to analyze financial statements.
- Solid understanding of general credit risk principles, foundations, and methodologies.
Education & Experience:- Bachelor's Degree in Finance, Accounting, or a related quantitative field.
- Five to fifteen (10-15) years of relevant experience in Finance, Credit Risk Management, Underwriting, or Loan Review, preferably within a major financial institution covering the FIG sector.
With respect to this position in our New York Office, the expected base salary ranges from $190,000 to $220,000. 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
