Global Markets Structured Solutions Sales, Institutional Clients, Managing Director

BBVA

• $300K — $400K *
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 12+ years of experience in financial services or institutional sales
  • Bachelor's degree in a relevant field
  • Required licenses: Series 24, 7, 63, 79
  • Strong understanding of institutional client needs and market dynamics
  • Proven track record in generating revenue and managing client portfolios

Responsibilities

  • Collaborate with the Global Sales Manager to define and implement commercial strategies
  • Generate recurrent income to meet annual revenue targets
  • Lead the distribution of tailored solutions to institutional clients
  • Identify new business opportunities through ongoing client interactions
  • Coordinate team activities and delegate tasks effectively
  • Drive origination of commercial opportunities within a specific client portfolio
  • Ensure compliance with internal and external operational policies

Benefits

  • Generous employee benefits package
  • Eligibility for discretionary bonuses
  • Opportunities for professional development and growth
  • Dynamic work environment in a leading financial institution
  • Engagement with a diverse range of institutional clients
Full Job Description
About the job:

Lead the strategy (and its execution) to provide and distribute ad-hoc product solutions to BBVA institutional clients (Insurance, Asset Managers, Pension Funds...) in the region under his/her responsibility. Establish client relationships, providing them with ad-hoc GM products recommendations to satisfy their hedging and/ or investment needs.

Description
• Collaborate with the Global Sales Manager in defining/implementing the commercial strategy for the Institutional Solutions business and setting the unit business plan & budget taking into account the market drivers and investors' appetite
• Generate recurrent income to meet revenues targets that are set each year in the Global Sales unit and Global Sales & Structuring overall budget
• Lead and promote the distribution among institutional clients of ad-hoc solutions
• Interacting permanently with clients & identifying new business opportunities
• Lead the team coordination, delegating tasks amongst the team. Follow up and supervision of all ongoing commercial activity
• Drive the origination of commercial opportunities with institutional clients, managing a specific client portfolio
• Encourage the coordination and strategic alignment with other GM/CIB areas to reinforce BBVA GM product trading and structured product development capabilities
• Drive the interaction with Risk unit for negotiating approvals
• Track the unit activity monitoring main activity indicators. Follow up the operations' pipeline and the budget compliance
• Lead a key role in promoting the bank's positioning a key player in the market in the region
• Lead the coordination with Policies & Procedures CIB for the definition and update of the Institutional Solutions Sales operating procedures and with IC CIB for monitoring the compliance with the established operative framework
• Ensure that the unit activity complies with internal & external operational policies, procedures and regulatory requirements
• Introduce the unit activity with institutional clients both to internal and external clients
• Manage all staffing issues for the unit together with the Sales Manager and TC CIB
• Report to the in-line Sales Manager on a periodic and ad-hoc basis about main unit activity

Qualification
• 12+yrs of experience
• Bachelors degree required
• Series 24, 7, 63, 79 are required

With respect to this position in our New York Office, the expected base salary ranges from $300,000 to $400,000. 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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