Global Transaction Banking Advisory Associate

BBVA New York is hiring an Associate to help drive BBVA's Advisory and Sustainability strategy within Global Transaction Products. This role will develop a differentiated offering to further the bank's status as a trusted advisor and provider of Working Capital and Sustainability solutions, focusing on Global Transaction Banking (“GTB”) products and data/AI driven methodologies.

Responsibilities:

Deal execution: 40%

• Analyze internal standard framework in conjunction with potential opportunities to confirm its compliance.
• Preparation of internal forms and requests for internal approvals.
• Support other team members, relationship managers and other product units to structure sustainable transactions.
• Manage recurrent and new transactions closing flow (review client’s documentation, analyze its compliance with internal frameworks, prepare internal forms, coordinate agreement signature process, input information in internal controls).

Reporting: 30%

• Preparation and maintenance of different databases, e.g. opportunities pipeline, historic repository of transactions, client visits, etc.
• Organization and maintenance of share drives, document coding and application of departmental record retention policy.
• Track and monitor existing deals’ KPIs and reporting requirements, maintain internal records updated and review internal controls.

Business development: 30%

Support the development and implementation of data driven and AI solutions related to 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.).
• Sustainable Trade Finance and Working Capital solutions within the Global Transaction Banking ESG Framework (GTB Sustainability Framework).

Identify working capital analysis tools and trends within data management and AI space.

Gather, analyze and interpret the bank’s potential and existing client’s data and reports considering working capital perspective to identify trends and opportunities (including sustainability).

Map internal and data/AI tools to provide relevant corporate data to the team to foster new business opportunities, client analysis maximization and market share growth.

Prepare customized and data driven marketing materials and proposals, including presentations and pitch books (Sustainability may be the focus), for our clients.

Provide market intelligence, conduct independent research on corporate and industry sectors to optimize business growth and client offering services considering working capital analysis and market share improvement.

Assist to structure sustainable solutions.

Proactively identify areas for improvement to optimize the department’s processes, which includes the development of AI applications to automate certain basic tasks.

Skills, knowledge, abilities/competencies:

Technical Skills:

• Bachelor degree in Business Administration, Finance or related field.
• 2-3 years of work experience in Banking or related fields with exposure to Corporates and/or Financial Institutions working capital and/or trade finance needs.
• Intermediate knowledge in international banking, world economy and financial systems.
• Fluent in English. Written and spoken Spanish recommended.
• Advanced computer skills, particularly in Excel, PowerPoint, Internet search engines, Client Presentation and Data Dashboards; Chat GPT and Bloomberg a plus.
• Data modeling and analytical and AI engineering skills recommended.
• Sustainable Finance knowledge is welcomed.

Performance Skills:

• Self-starter, proactive and highly motivated individual with strong marketing skills and a collaborative and innovative mindset.
• Excellent communication skills.
• Self-starter with the ability to work both remotely and in the office.
• Very strong interest in developing data driven working capital analysis and the GTB Advisory space in particular.
• Ability to multitask and work under pressure.
• Good analytical and communication skills.
• Creative thinking with 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 $110,000 to $130,000. 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