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BBVA

Credit Risk Officer, Financial Institutions, Vice President

BBVA is hiring a Credit Risk Officer, Financial Institutions, Vice President in New York, United States. It pays $150k-$175k a year and Level rates it ; you can apply on BBVA.

Level's read on this job

  • Level rates this role Little AI ●○○○: aI is not part of the work.
  • The posting mentions visa sponsorship.
  • The posting mentions credit analysis, counterparty risk and financial institutions among its tools and skills.
  • Level classes it as a senior role.
  • BBVA has 580 other open roles on Level.

AI in this role

Evaluate counterparty credit risk for financial institutions and monitor trading activity as a Vice President at BBVA.

credit-analysiscounterparty-riskfinancial-institutionsrisk-managementisda
Excited to grow your career?

BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.

About the job:

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.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.


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

Legal requirements

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.

Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.

*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.

EEO Statement

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.

How we rate this

Credit Risk Officer, Financial Institutions, Vice President at BBVA rates 0 out of 100 for how much of the daily work is AI. That makes it Little AI (AI Level 1 of 4). The level is about AI in the job, not seniority.

Classification

Little AI. AI is not part of the work.

  1. ●●●● Builds AI80 to 100
  2. ●●●○ Works on AI60 to 79
  3. ●●○○ Uses AI40 to 59
  4. ●○○○ Little AI0 to 39

Levels come from how often the tools, models and workflows of the role are named in the posting itself. Read the description and count the AI tools, models and workflows it names.

Prepare for this job

Built from this posting and from similar jobs on Level.

Skills and AI tools this role asks for

Credit AnalysisCounterparty RiskFinancial InstitutionsRisk ManagementIsda

Questions you could be asked

  1. Tell me about a project where credit analysis was part of your work. What did you do?
  2. Tell me about a project where counterparty risk was part of your work. What did you do?
  3. Tell me about a project where financial institutions was part of your work. What did you do?
  4. Tell me about a project where risk management was part of your work. What did you do?
  5. Tell me about a project where isda was part of your work. What did you do?

Adapt your resume

  • List these exact terms on your resume: Credit Analysis, Counterparty Risk, Financial Institutions, Risk Management, and Isda. An applicant tracking system matches the wording, not the idea.
  • Attach one line of real, concrete experience to at least one of them. A tool named with nothing behind it rarely survives a human read.

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