Structured Credit Origination and Structuring Executive Director

Bbva Sa; New York (NY); Presencial; USD 275.000 - 330.000; Jornada completa

Descripción de la vacante

BBVA in New York seeks a senior structured credit professional to lead origination and structuring of complex credit transactions in North America, from concept through approval, documentation, execution and distribution.

You will design financing, credit enhancement and risk‑transformation structures for assets and portfolios, considering credit and market risk, liquidity and economics. Collaboration across Trading, Underwriting, Risk, and Legal is essential.

Formación

• Senior structured credit professional with 10+ years of experience.
• Background in structured credit, private credit and/or credit structuring.
• Experience in leading complex transactions across multiple areas.

Responsabilidades

• Lead origination and structuring of structured credit and private credit transactions in North America.
• Design financing, credit enhancement and risk transformation structures for assets and portfolios.
• Structure loan portfolio financings for diversified and concentrated portfolios.
• Develop insurance-wrapped and other credit-enhanced solutions.
• Structure repack and capital markets solutions (CLNs, MTNs, etc.).
• Coordinate with Coverage Bankers, Structured Credit Sales and Trading for execution.

Conocimientos

Strong credit & analytical skills

Commercial & markets‑oriented mindset

Leadership & coordination across teams

Educación

Bachelor's Degree in Finance, Economics, Business, Mathematics or Engineering

Master's Degree desirable

SIE

Series 7

Series 63

Series 79

Descripción del empleo

• Originate, structure and execute structured and private credit solutions in the US, with a focus on transforming credit exposures into solutions suitable for institutional distribution.


• Develop tailor‑made financing and risk transformation solutions across single asset and portfolio back leverage, insurance‑wrapped loans, repacks, CLNs/MTNs and other funded or unfunded structures.


• Work closely with Trading / Risk Management, Underwriting and Structured Credit Sales to develop transactions that meet the Bank's risk and return objectives while addressing institutional investor requirements.


• Support the expansion of BBVA's originate‑to‑distribute capabilities, incorporating distribution considerations into transaction structures from inception.

About the job

• Lead the origination and structuring of structured credit and private credit transactions in North America, from initial concept through internal approval, documentation, execution and distribution.


• Design financing, credit enhancement and risk transformation structures for individual assets and portfolios, considering credit risk, market risk, basis risk, liquidity, capital efficiency and overall transaction economics.


• Structure loan portfolio financings, including financing and risk‑transfer solutions for diversified and concentrated portfolios of credit assets.


• Structure single‑asset financing and back‑leverage transactions, including structures intended to facilitate subsequent placement with institutional investors.


• Develop insurance‑wrapped and other credit‑enhanced solutions, coordinating with relevant internal and external counterparties.


• Structure repack and capital markets solutions, including CLNs, MTNs and other note‑based structures where appropriate.


• Develop structuring solutions for sponsor‑backed and non‑sponsored private credit transactions, including loans originated for the Bank's balance sheet where some or all of the exposure is expected to be subsequently distributed to institutional investors.


• Evaluate and execute alternative funded and unfunded risk‑transfer solutions, including outright sales, participations, non‑payment insurance (NPI), credit protection, CDS and other Global Markets instruments.


• Partner with Coverage Bankers early in the transaction process to evaluate prospective assets, identify appropriate structures and determine the expected hold and distribution strategy.


• Work closely with Structured Credit Sales to understand institutional investor requirements and translate investor demand into executable structures for single assets and portfolios.


• Coordinate with Trading / Risk Management on pricing, valuation, hedging, basis risk, P&L implications and risk transformation associated with transactions.


• Partner with Underwriting and Credit to evaluate underlying credit risk, downside scenarios, structural protections and appropriate transaction terms.


• Coordinate with Legal, Compliance, Tax, Finance, Accounting and other relevant control functions to ensure transactions are appropriately structured, documented, approved and booked.


• Develop standardized structuring frameworks, documentation and execution processes to facilitate repeatable and scalable Capital Markets activity.


• Identify new structuring and risk‑transformation opportunities as the Capital Markets and private credit portfolios, product capabilities and institutional investor base develop.


• Contribute to the management of the overall transaction pipeline and provide regular reporting on structuring activity, transaction status and execution priorities.


• Take part in specific working groups and strategic projects related to the development of the Capital Markets business, including new products, booking capabilities, regulatory developments and internal processes.


• Comply with all applicable internal and external policies, procedures and regulatory requirements.

What are we looking for?

We are looking for a senior structured credit professional with significant experience (10+ years) structuring complex credit transactions in the US market.

The candidate should have a strong background in structured credit, private credit and/or credit structuring, ideally gained within an investment bank, institutional credit platform, private credit manager or comparable financial institution.

The candidate should have demonstrated experience structuring transactions across several of the following areas:

• Portfolio and single asset financing structures


• Insurance‑wrapped loans and other credit‑enhanced structures.


• Structured lending and private credit.


• Repack transactions, CLNs, MTNs and similar structured credit instruments.


• Funded and unfunded credit risk transfer.


• Credit derivatives and hedging solutions.


• Institutional distribution of individual credit assets and portfolios.

The candidate should combine strong credit and analytical skills with a commercial and markets‑oriented mindset, and be able to evaluate a transaction simultaneously from the perspectives of the underlying credit, structural protections, financing economics, risk management and ultimate investor distribution.

The candidate should have a proactive approach and strong communication skills, with the ability to coordinate effectively across Origination, Sales, Trading, Risk, Underwriting and control functions and to interact confidently with senior internal and external stakeholders.

Given the seniority of the role, the candidate should be capable of independently leading complex transactions and helping build the US structured credit structuring capability, including supporting and developing junior team members.

• Bachelor's Degree in a related field such as Finance, Economics, Business Administration, Mathematics or Engineering.


• Master's Degree in Finance, Business Administration or another relevant discipline would be desirable.


• SIE, Series 7, Series 63, and Series 79 required.

Languages

• Full professional proficiency in English.


• Spanish will be welcome but not required.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

With respect to this position in our New York Office, the expected base salary ranges from $275,000 to $330,000. 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.

*Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions