Summary of Responsibilities:
Deal execution: 15%
-Structuring and execution of Trade Finance and Working Capital solutions to BBVA’s Global Corporate Clients, which include but are not limited to:
-Letters of Credit (issuance, confirmation, advising of Letters of Credit, Stand-By LCs, Documentary Collections, etc.)
-Receivables/Payables Finance: Supply Chain Finance / Confirming, Receivable Purchase Programs / Factoring / Vendor Factoring, Forfaiting / Structured Forfaiting (discount without recourse of instruments of payment such as LCs, receivables, bills of exchange, promissory notes, etc.)
- Preparation of internal forms and business memos for internal approvals (credit risk, line management, pricing, legal, etc.).
- Calculation of internal profitability metrics.
- Intermediate between the Clients and our Operations team to guarantee the smooth execution of all our deals.
Reporting: 65%
- Preparation and maintenance of different databases, e.g. opportunities pipeline, historic repository of transactions, client visits, asset projections, etc.
- Organization and maintenance of shared drives, document coding and application of departmental record retention policy.
- Calculation of KPIs and P&L reporting.
Business development: 20%
- Support the development and implementation of new products and services for our clients.
- Assist in establishing and managing client relationships in the U.S.
- Assist in evaluating business opportunities, putting together tailor-made structures and preparing internal proposals under the GTF application model.
- Participate in the team’s marketing activities by preparing marketing material, including presentations and pitch books, for our clients.
- Provide market intelligence, conduct independent research on corporate and industry sectors
Skills, knowledge, abilities/competencies:
Technical Skills:
- Bachelor degree in Business Administration, Finance or related field.
- Basic work experience in Banking or related fields with exposure to Corporates and/or Financial Institutions working capital and/or trade finance needs.
- Basic knowledge in international banking, world economy and financial systems.
- Fluent in English.
- Strong computer skills, particularly in Excel, PowerPoint, Google Suit, and ChatGPT.
Performance Skills:
- Self-starter with the ability to work both remotely and in the office.
- Ability to multitask and work under pressure.
- Good analytical and communication skills.
- Creative thinking with excellent attention to detail.
- Team player.
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 $90,000 to $100,000. 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
