LBO Senior Risk Manager

BBVA; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

BBVA seeks a Risk Management professional for its Corporate & Investment Banking division. The role includes overseeing the credit risk process for structured products and requires a deep understanding of LBOs, leveraging extensive experience in banking. Candidates must have excellent analytical skills and collaborate with various internal sectors, all while adhering to ESG principles.

Qualifications

• Minimum of 10 years of credit risk underwriting experience in corporate/commercial banking.
• Fluent in English (C1); Spanish is a plus.
• Excellent product knowledge in LBOs and leveraged finance.

Responsibilities

• Responsible for the end-to-end credit risk process of structured products portfolio.
• Analyze client's credit and financial risk profiles, including ESG factors.
• Collaborate with internal/external units and participate in credit & business committees.

Skills

Customer Targeting

Empathy

Ethics

Innovation

Proactive Thinking

Job description

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.

Global Risk Management GTB & LBO is a specialised risk management team established within Corporate & Investment Banking ("CIB") business unit to manage risk underwriting from a product perspective. The team head is based in Madrid and reports directly to the CRO of GRM CIB. The Area is responsible for wholesale risk underwriting having its main function to preserve the credit quality of the Bank's loan portfolio, integrating ESG factors, and ensure profitable growth.

As part of CIB, the area interacts with global markets, global lending & advisory, transactional businesses and trade finance for global corporate clients and institutional investors' opportunities. GRM GTB & LBO works closely with all product origination teams as well as credit risk underwriting teams of all geographies of the BBVA Group. The area also interacts with other risks areas and also Compliance, Finance and Legal.

About the job:

About the role:

Responsible for the end-to-end credit risk process of structured products portfolio, i.e. pre-screening and risk underwriting of individual transactions, loan monitoring to the final repayment. This includes:

• Delivery of credit risk underwriting proposal, analysing the client's credit and financial risk profiles, macro environment, sectoral trend, cashflow projections, covenants, profitability, ESG aspects etc.
• Participation in credit & business committees.
• Collaboration and liaison with internal risk control, internal/external audit and other relevant units in the daily work.
• Monitoring and reporting of the product portfolio including securitisation, portfolio financing, borrowing base, LBOs etc. of local & global large corporates, mid-caps and SMEs.
• Participation in ad-hoc meetings with regulators and projects rendering risk functions.

What are we looking for?

Requirements:

• Excellent product knowledge in LBOs and leveraged finance.
• Minimum of 10 years of credit risk underwriting experience within a corporate or commercial banking environment in a major financial market.
• ESG knowledge.
• Fluent in English (C1).
• Fluent in Spanish is a plus.

Skills:
Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking