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RCA, Analyst

BBVA
Miami, FL Full Time
POSTED ON 3/4/2025
AVAILABLE BEFORE 6/3/2025

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 :

Position Summary : A Risk and Control Assurer is responsible for evaluating and ensuring that an organization's non-financial risks are identified, managed, and mitigated. This role involves conducting assessments, providing recommendations for improvements, and ensuring that control frameworks are effectively implemented to safeguard the organization's assets and reputation.

Risk Assessment and Management :

  • Identify, assess, and document risks associated with business processes, systems, and operations.
  • Monitor emerging risks and trends to ensure proactive risk mitigation strategies.
  • Collaborate with stakeholders and Risk Control Specialists (RCS) to design, implement and maintain risk management frameworks.

Risk and Controls Self Assessment (RCSA) :

  • Review and test the design and operational effectiveness of existing internal controls across business units.
  • Recommend enhancements to control frameworks to address identified gaps.
  • Ensure compliance with regulatory requirements and internal policies.
  • Document findings and provide actionable recommendations to management.
  • Stakeholder Collaboration :

  • Work closely with management, compliance teams, and other stakeholders to address control deficiencies.
  • Provide training and guidance to staff on risk awareness and control responsibilities.
  • Support internal and external audits by providing required documentation and insights.
  • Perform follow up on audit findings and remediations performed.
  • Reporting and Documentation :

  • Prepare detailed risk assessment reports, including key risks, findings, and recommendations.
  • Maintain up-to-date records of risk and control activities for regulatory and audit purposes.
  • Present risk and control updates to senior management and governance committees.
  • Policy and Procedure Development :

  • Assist in developing and updating risk management policies, procedures, and standards.
  • Ensure that control measures align with industry best practices and organizational objectives.
  • Third Party Risk Management :

  • Develop and implement vendor risk management policies, processes, and tools.
  • Maintain a vendor risk framework that aligns with the organization's risk appetite and regulatory requirements.
  • Ensure consistent application of risk management practices across all vendor relationships.
  • Conduct initial and ongoing risk assessments for new and existing vendors.
  • Evaluate vendor risks across various dimensions, including financial, operational, compliance, cybersecurity, and reputational risks.
  • Review and analyze vendor documentation, such as SOC reports, certifications (e.g., ISO 27001), and financial statements.
  • Work with the legal team to ensure contracts include necessary risk-related clauses (e.g., data protection, termination, and indemnification).
  • Ensure that service level agreements (SLAs) and key performance indicators (KPIs) are clearly defined and measurable.
  • Monitor vendor performance and adherence to contractual obligations.
  • Report vendor risk assessments and key issues to senior management and governance committees.
  • Capabilities, Skills, Knowledge & Experience

  • Bachelor's degree in Business, Finance, Economics, or other related area or equivalent experience
  • 3-5 years of experience in a Compliance, Control or Risk Management role for a Registered Investment Advisory firm, a US Broker Dealer, or a Global Bank.
  • Understanding and experience with all relevant rules and regulations and best business practices applicable to SEC registered Investment Advisors and US Broker Dealers
  • Understanding of the LATAM markets and business practices and / or previous experience working for a Financial Institution serving LATAM customers
  • Understanding of the Investment products and relevant markets
  • Stakeholder management, influencing and communication skills, particularly at a senior level and to senior committees (e.g., Management Committee and Risk Committee, Global Risk Committees).
  • Superior organizational skills and ability to prioritize while multitasking
  • Bilingual English-Spanish
  • Legal requirements

    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.

    Pay Transparency Policy Statement

    The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

    Individuals with Disabilities

    BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing : disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed

  • The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.
  • EEO Statement

    BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

    View the " EEO is the Law " & " View the EEO is the Law Supplement Poster " poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.

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