Senior VP, Securitization & Private Credit Risk

bbva; New York (NY); On-site; USD 190,000 - 220,000; Full time

Job summary

BBVA, a leading European bank with significant U.S. operations, is seeking a Senior Vice President to join its Structured Finance Credit Risk team in New York.

The role focuses on underwriting and managing risk across Securitization Warehouse facilities, ABS asset classes, and Private Credit / Direct Lending portfolios, including RCFs to BDCs. Responsibilities include leading underwriting, ongoing risk monitoring, and presenting credit recommendations to committees.

Qualifications

• Bachelor's degree in Finance, Economics, Business or related field; CFA/FRM preferred.
• 10–12 years of relevant credit underwriting experience in financial institutions or private credit environment.
• Experience underwriting Securitization Warehouse Facilities and RCFs to BDCs and private credit platforms.
• Strong understanding of securitization docs, borrowing base mechanics, collateral analytics and covenants.
• Ability to present credit recommendations to senior management and committees.

Responsibilities

• Lead underwriting of securitization warehouse facilities across ABS asset classes.
• Underwrite Secured Lending Facilities and RCFs to BDCs and private credit platforms.
• Assess borrowing base structures, advance rates, eligibility criteria and covenants.
• Analyze collateral pools and direct lending portfolios at asset and portfolio levels.
• Present credit recommendations to senior management and credit committees.

Skills

Credit underwriting

Securitization

Private credit

Risk analysis

Financial analysis

Communication skills

Education

Bachelor's degree in Finance/Economics/Business

CFA/FRM preferred

Tools

Securitization documentation

Borrowing base mechanics

Collateral analytics

Covenant frameworks

Transaction structuring

Job description

BBVA, a leading European bank with significant U.S. operations, is seeking a Senior Vice President to join its Structured Finance Credit Risk team in New York.

The role focuses on underwriting and managing risk across Securitization Warehouse facilities, ABS asset classes, and Private Credit / Direct Lending portfolios, including RCFs to BDCs. Responsibilities include leading underwriting, ongoing risk monitoring, and presenting credit recommendations to committees.