BBVA
Job title:
Institutional Clients Risk / Credit Solutions – Principal Manager
Company
BBVA
Job description
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:BBVA Credit Risk Division is looking for a senior risk professional to manage the Credit Solutions portfolio within BBVA’s CIB area. The selected candidate will be expected to carry out detailed due diligence of new transactions and identify the areas of risk and consider any mitigating features including hedges. The role will require a thorough knowledge of the risk of different financial products, knowledge of transaction structuring and the ability to collaborate with multiple areas of the bank, including sales, structuring, trading, risk and legal. The candidate will also be responsible for the ongoing monitoring of the portfolio and identify and report any material changes in the performance of individual transactions.The successful candidate will join a team of 25 people where she/he will be responsible for a growing and diverse portfolio both in terms of geographical scope (US, Europe, Asia, MENA) and type entities (alternative funds, credit funds, sovereign, corporates, financial institution) trading a broad range of financial products.The candidate is also expected to proactively contribute to the development of BBVA’s existing risk framework, to set up credit appetite, and monitor and update credit risk on the portfolio using a wide variety of sources, including well defined KPI’s, internal/external research, review industry trends and key macroeconomic indicators.The successful candidate is expected to have a proven track record as a manager with in depth experience of both credit and market risk, and previous experience reviewing structured and derivative products (CLO’s private credit, structuring, market risk, structured credit risk, leveraged lending, alternatives).Key Responsibilities include but are not limited to:Take full ownership of the approval process, draft the credit review documentation, prepare internal risk rating models.Develop, implement, and monitor credit risk policies, procedures, and frameworks to minimize financial risk exposure.Present to credit risk committes proposals providing a balanced risk assessment of transactions, ensuring they are aligned with the bank’s objectives and risk tolerance.Perform regular reviews of the portfolio and assess any modifications to existing transactions, ensuring that the credit quality of the transactions is within the bank’s appetite.Perform an ongoing monitoring of the portfolio identifying business and industry developments and make ad-hoc reviews of the sector. This could include reviewing the impact of stress tests on the portfolio and recommend any appropriate action points.Support the development of credit risk stress testing models and scenario analysis.Develop a good working relationship with Business Partners across BBVA to achieve the banks’ business objectives ensuring these are aligned with the appropriate credit policies and guidelines.Qualifications:Previous Experience and Knowledge:15+ years in Risk Management covering credit solutions, structured products and/or market risk.Bachelor’s degree/University degree in Finance, Economics, B. Administration, or engineering.Experience in a similar senior financial risk role within a relevant financial services firm.Excellent analytical skills, good understanding of market and credit and market risk, and consistency of analytical approach across the portfolio and geographies.Broad and holistic understanding of loan financing operations and derivatives.Ability to understand the credit risk profile of a broad range of capital markets products including complex financing and product structures.Utilize data analytics and risk modeling tools to forecast potential risks and enhance decision-making.Languages:Fluent English, both verbal and written is a must; working knowledge of Spanish would be a plus.Soft-skills:Ability to interact with different audiences (internal and external) at all levels.Demonstrate highest ethics and integrity standards.Dynamic, flexible, and strong communication skills (verbal and written).Ability to make decisions under pressure and short timelines.Skills:Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking
Expected salary
Location
London
Job date
Mon, 03 Mar 2025 07:47:00 GMT
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