Credit Risk Officer, Financial Institutions, Vice President

BBVA•New York, NY

11d•$150,000 - $175,000•Onsite

About The Position

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

Requirements

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.

Nice To Haves

Series 7, 24, 63 (or similar additional knowledge a bonus to have), and licenses can be maintained.

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.