Senior Manager/Manager – Structured Trade Finance Product Risk

BBVA; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

BBVA is seeking a Senior Manager to join its Product Risk team within Corporate & Investment Banking. The role oversees independent underwriting, approval and ongoing monitoring of complex Structured Trade Finance transactions across EMEA, US and other markets.

The successful candidate will serve as a senior risk partner, providing independent credit judgement, transaction structuring challenge and portfolio oversight for a broad range of self-liquidating and asset-backed financing solutions.

Qualifications

• Extensive experience in Structured Trade Finance, Commodity Trade Finance, Structured Working Capital or Credit Risk.
• Fluent spoken and written English.
• Experience presenting transactions to senior credit committees.

Responsibilities

• Independently assess and approve Structured Trade Finance transactions.
• Evaluate obligor, transaction, collateral, performance and country risks.
• Challenge transaction structures, collateral arrangements and legal documentation.
• Prepare recommendations for transactions requiring higher approval.
• Monitor the Structured Trade Finance portfolio for emerging risks and concentrations.
• Collaborate with Origination, Structuring, Legal and Distribution teams to develop financing solutions.

Skills

Structured Trade Finance

Credit Risk

Cross-border underwriting

Risk judgement

Stakeholder influence

Education

University degree in Finance/Economics/Engineering/Law

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.

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

Role Overview

We are seeking a Senior Manager to join our Product Risk team within Corporate & Investment Banking. The role is responsible for the independent underwriting, approval and ongoing monitoring of complex Structured Trade Finance transactions across EMEA, US and other international markets.

The successful candidate will act as a senior risk partner to the Structured Trade Finance business, providing independent credit judgement, transaction structuring challenge and portfolio oversight across a broad range of self-liquidating and asset-backed financing solutions.

Key Responsibilities

• Independently assess and approve Structured Trade Finance transactions, including prepayment finance, borrowing base facilities, inventory finance, insurance-backed trade receivable purchases, factoring and other structured working capital solutions.
• Evaluate obligor, transaction, collateral, performance and country risks, determining appropriate risk appetite, ratings and transaction conditions.
• Challenge transaction structures, collateral arrangements, cash flow mechanics, insurance coverage, security packages and legal documentation.
• Prepare recommendations for transactions requiring higher approval.
• Monitor the Structured Trade Finance portfolio, identifying emerging risks, collateral performance, sector concentrations and early warning indicators.
• Partner with Origination, Structuring, Legal and Distribution teams to develop commercially sound financing solutions while maintaining prudent risk standards.
• Contribute to product policies, underwriting standards and governance for Structured Trade Finance.
• Present and defend recommendations before credit committees and senior management.
  

Experience & Knowledge Required

• Extensive experience (Less than 7 years of experience can be considered for Manager position) in Structured Trade Finance, Commodity Trade Finance, Structured Working Capital or Credit Risk.
• Deep understanding of products including:
  • Prepayment and Pre-export Finance (PXF).
  • Borrowing Base Facilities.
  • Inventory Finance.
  • Trade Receivable Purchase Programmes.
  • Factoring and Receivables Finance.
  • Insurance-backed Trade Finance.
  • Transactional Security Structures.
• Strong knowledge of collateral management, security perfection, cash flow waterfalls and operational risk mitigants.
• Experience underwriting complex cross-border transactions under delegated credit authority.
• Knowledge of commodity markets, structured collateral arrangements and trade credit insurance would be advantageous.
• Experience presenting transactions to senior credit committees.

Qualifications

• University degree in Finance, Economics, Engineering, Law or related discipline.
• CFA, FRM or equivalent professional qualification is desirable.
• Fluent spoken and written English.

Competencies

• Excellent credit judgement and analytical capability.
• Strong structuring and documentation skills.
• Ability to influence senior stakeholders through constructive challenge.
• Commercial mindset balanced with sound risk discipline.
• Strong communication and presentation skills.
• Collaborative approach within an international environment.

Please note that priority will be given to candidates who are eligible to work in the UK.

Skills

Empatía, Ética, Innovación, Orientación al cliente, Pensamiento proactivo