Non-Financial Risks Specialist

BBVA RED EXTERIOR DE OFICINAS; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

BBVA in London seeks a senior NFR professional to implement and manage the UK non-financial risk function across the UK perimeter. You will work with local business and global teams to ensure governance alignment and effective risk controls.

The role requires 5+ years in NFR, internal control, or risk management, with strong stakeholder engagement, regulatory knowledge, and leadership capabilities. Fluency in English and Spanish is expected.

Qualifications

• 5+ years of experience in non-financial risk, internal control, audit, compliance, or risk management within corporate banking, investment banking or capital markets.
• Familiarity with Internal Control Model and NFR in regulated environments, ideally within banking or financial services.
• Knowledge of BBVA MiGRO framework or equivalent risk management frameworks would be advantageous.

Responsibilities

• Lead the implementation and local adaptation of BBVA's global Non-Financial Risk governance framework in the UK.
• Coordinate and challenge RCAs and local top-down risk assessments, considering emerging risks and local priorities.
• Build and coordinate the UK control agenda, monitor remediation plans and key control initiatives.
• Define, monitor, and escalate NFR metrics and risk appetite indicators for the UK perimeter.
• Support non-financial risk admission processes for new products, transactions and initiatives in the UK.
• Collaborate with Compliance and other second-line functions, and coordinate with Internal Audit to strengthen the control environment.
• Support strategic Group NFR initiatives and UK perimeter governance reporting.

Skills

Stakeholder management

Leadership

Risk management

Regulatory knowledge

Communication

Problem solving

Education

Bachelor's degree in Business Administration, Economics, Law, Engineering, Sciences

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. The Non-Financial Risks (NFR) team at BBVA C&IB ensures that the non-financial risk levels of C&IB are managed effectively and aligned with the Group's strategy, policies and procedures in this area, supporting business development, growth, and profitability within C&IB.

About the job:

The selected person will report to the Head of NFR in the UK. Based in London, the selected person will play a key role in the implementation, and ongoing management of the local NFR function across the UK business perimeter. The position will be responsible for key initiatives and its execution, and will work closely with local business and support areas, as well as with global NFR teams.

• Governance Implementation and Adaptation: Lead the implementation and local adaptation of BBVA's global Non-Financial Risk (NFR) governance framework in the UK, ensuring consistency with Group standards and local regulatory expectations.
• Risk Assessment: Lead the coordination and challenge of the Risk and Control Self-Assessments (RCSAs), and local top-down risk assessments, incorporating emerging risks, supervisor concerns, business developments, and local priorities.
• Control Agenda Development: Build and coordinate the UK control agenda to address prioritized risk assessment results in collaboration with senior management and business/support units, following up on remediation plans and key control initiatives.
• Risk Appetite and Control Frameworks: Define, monitor, and escalation relevant NFR metrics and risk appetite indicators for the UK perimeter, ensuring appropriate reporting and discussion in the relevant governance forums.
• Support for New Business and Growth: Support the non-financial risk admission processes for new products, transactions, and business initiatives in the UK, ensuring alignment with BBVA's frameworks and early identification of key risks and controls.
• Cross-Functional Collaboration: Support and challenge Risk Control Assurers (RCAs) in the first line of defense (1LoD), coordinate with Compliance and other second-line functions, and collaborate with Internal Audit (3LoD) to strengthen the local control environment.
• In addition, the role will provide support, when required, to the RIC&C Coordination team on selected strategic Group NFR initiatives, governance activities, and reporting matters, most of them connected with the UK perimeter.

Requirements for this position include:

• Education: Academic background in Business Administration, Economics, Law, Engineering, Sciences, or a related field. A master's degree or certifications related to financial markets, banking, risk, compliance, audit, and/or internal control will be considered an asset.
• Professional Experience and Knowledge: 5+ years of relevant experience in non-financial risk, internal control, audit, compliance, and/or risk management functions within Corporate Banking, Investment Banking, or Capital Markets. Experience coordinating complex initiatives and engaging with senior stakeholders, with the ability to combine strategic oversight and hands-on execution. Familiarity with the Internal Control Model and Non-Financial Risk Management in complex, regulated environments, ideally within banking or financial services, as well as knowledge of the UK regulatory and business environment. Knowledge of Non-Financial Risk management frameworks and methodologies. Familiarity with BBVA’s MiGRO framework, or experience with comparable risk management frameworks in other financial institutions, would be advantageous.
• Competencies and Skills: Proactive and innovative mindset with the ability to identify improvements, propose solutions, and assume new challenges. Strong interpersonal and communication skills, with the ability to influence and work effectively with management, peers, and multidisciplinary teams. Leadership, autonomy, and adaptability to different cultures, tasks, and projects. Strong focus on execution and problem-solving, with sound judgment, organizational skills, and attention to detail.
• Languages: English: C1 level (minimum). Spanish: Fluent.
• Skills: Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking.

We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!