Testing Vice President

BBVA•New York, NY

1d•$160,000 - $175,000•Onsite

About The Position

Corporate & Investment Banking (CIB) handles BBVA's investment banking, global markets, global lending and transactional businesses for international and domestic corporate clients and institutional investors. BBVA CIB is a full-service provider of high value-added products that can deliver solutions for the most complex needs of its clients anywhere in the world. Within the CIB US Regulation and Internal Control (RIC) unit of a large global foreign bank branch, this role is part of the testing function under the global Non-Financial Risk (NFR) team within BBVA. For this purpose, he or she will assist in executing the testing program for the US Bank Branch, Broker/Dealer and Global Swap Dealer according to corporate guidelines and methodology. He or she will also help prepare the annual testing plan, performing reviews and assisting with other compliance processes such as risk assessments, issue management or reporting, among others. For all the above, he or she will assist in maintaining strong coordination with the corporate team in Madrid.

Requirements

Bachelor’s degree in an applicable major field of study required or equivalent relevant experience.
At least 8 – 12 years in compliance testing, internal audit, or regulatory examiner roles in the financial industry, with at least 3 years in a more senior level lead role on a compliance testing team at a peer financial institution.
Knowledge of AML and market integrity regulations (SEC, FINRA, CFTC, NFA, etc.), as well as US Prudential regulations (i.e. Dodd-Frank)
Experienced in the preparation of reports to Senior Management, as well as to regulators and supervisors.
Experience in coordinating with multi-disciplinary and multi-geographic teams.
Strong analysis and synthesis capacities.
Strong oral and written communication skills.
Goal-oriented.
Self-organization skills in a dynamic environment.
Ability to be a self-starter and work with limited supervision.
Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions

Nice To Haves

Registrations (i.e., SIE, Series 7, 24 and/or Series 3 registration), CRCM, ACAMS preferred.
Spanish is a plus.

Responsibilities

Assist the US Head of Testing in conducting a Compliance risk analysis twice a year to identify potential topics to review.
Assist the US Head of Testing in working with both the US Head of RIC and his team and the Corporate Compliance Testing unit in Madrid to develop the annual Testing review plan and submit the plan to appropriate levels of Management for approval.
Conduct Testing reviews in accordance with the plan and the approved testing methodology.
Ability to identify and test compliance related controls, identify testing related issues, and meet with the requisite business owners to discuss the testing review with little or no supervision.
Provide timely information on his or her activities to the US Head of Testing.
He or she will be accountable for the reviews performed. In addition, this individual will assist the US Head of Testing with any reports to be submitted to global and local governance committees.
Assist and at times follow up on action plans resulting from Testing reviews, tracking committed deadlines and raising and escalating any delays.
Help to identify opportunities and propose continuous improvement ideas for the Testing function.
Assist the US Head of Testing in achieving the objectives of the function.
Assist in responding to both internal and external requests and inquiries in coordination with the hierarchy and other team members of US or Corporate Compliance function. This includes requests or inquiries from regulatory authorities.