Trade Finance Counsel

BBVA MÉXICO; New York (NY); On-site; USD 180,000 - 210,000; Full time

Job summary

BBVA New York is seeking an experienced attorney to provide legal support to the Corporate & Investment Banking Group. You will handle trade finance, cash management, and securitization matters, review documents, and advise senior management with a focus on regulatory compliance.

Collaboration with Europe, Asia, and Latin America is expected. The role requires a JD from a top law school, an active NY license, and 4+ years at a top firm or in-house.

Qualifications

• At least 4 years of experience at a top law firm or in-house counsel at a leading financial institution.
• Active license to practice law in the State of New York.
• Juris Doctor from a top law school.
• Experience negotiating trade finance documentation.
• Strong written and verbal communication and analytical skills.

Responsibilities

• Support trade finance documentation, including receivables purchase and invoice discounting facilities.
• Review and negotiate participation agreements and related programs and agreements.
• Draft, negotiate, and review account, pledge, control, and pooling agreements in cash management.
• Negotiate securitization facilities and review legal opinions and regulatory compliance.
• Advise the BBVA Group on legal matters for the New York office and globally.

Skills

Legal research

Negotiation

Regulatory compliance

Communication

Team collaboration

Education

Juris Doctor

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.

About the job:

Overview

At BBVA, we are leading the transformation of global banking with the aim of bringing the opportunities of this new era within everyone's reach. We are a global financial institution present in more than 25 countries with over 89 million customers. We are a bank with 115,000 plus employees across the world, and every one of those employees is leading and designing his/her professional career with the help of tools provided by the organization to make that happen.

Corporate responsibility is an intrinsic part of our business model, promoting inclusion and financial education while supporting research and culture. Being part of BBVA means developing your career in one of the most innovative companies in finance.

We started out with the spirit of helping others make the best financial decisions. That spirit remains with us today and encourages us to keep moving forward, prioritizing innovation and digital transformation so that we can bring the opportunities of this new era within everyone's reach.

Our values define our identity; they are what drives us to make our goals a reality and they guide all of our actions and the decisions we make.

• The customer comes first.
• We are one team.
• We think big.

www.bbva.com

Responsibilities

The BBVA New York Legal Department provides legal support to the Corporate & Investment Banking Group ("CIB"), which includes the New York branch of BBVA (a Spanish bank) and an SEC-registered broker dealer. The successful candidate will provide counsel on legal and regulatory issues, perform legal research, review documentation for financial transactions, present updates to senior management and manage corporate governance, primarily in support of CIB under the supervision of the General Counsel for CIB in the US.

Primary Duties

• Support trade finance activities, including drafting and review of receivables purchase and invoice discounting facilities, supply chain finance documentation, bilateral working capital facilities, reimbursement agreements, letters of credit, UCC financing statements, and other trade finance documentation.
• Support distribution/syndication activities, including reviewing and negotiating participation agreements, BBVA insurance policies and related programs and agreements.
• Support cash management business, including drafting, negotiating, and reviewing account agreements, pledge and control agreements, pooling agreements, and other cash management agreements and products.
• Support securitization activities, including negotiating securitization facilities for receivables and other asset classes, reviewing legal opinions, and regulatory compliance (experience with EU securitization regulations is a plus).
• Answer legal and regulatory questions and provide day-to-day support to the BBVA Group, whether for the New York office or globally, engaging colleagues in Europe, Asia and Latin America.
• Review and analyze legal documentation in all stages of secured and unsecured lending transactions, including credit agreements, guarantees, security documents, NDAs, commitment letters and engagement letters.
• Represent the Legal Department in meetings across various bank functions with senior management and external stakeholders. Advise on all legal matters relevant to the New York office and CIB.
• Work closely with other BBVA groups to update BBVA policies and procedures.

Required Qualifications

• At least 4 years of experience at a top law firm or as in-house counsel at a leading financial institution.
• Prior experience negotiating trade finance documentation.
• Self-motivated with the ability to work independently, exercise good judgment with respect to escalation, and collaborate effectively in a team-oriented environment.
• Excellent written and verbal communication and analytical skills.
• High degree of integrity and strong work ethic. Timely follow-through on commitments.
• A Juris Doctor from a top law school.
• An active license to practice law in the State of New York.

Desired Skills

• Experience negotiating corporate finance documentation.
• Flexibility and willingness to jump into unfamiliar legal terrain, including derivatives and trading, real estate finance, litigation, vendor contracting, employment, sustainability, cybersecurity, data protection, corporate reporting, trade finance, securities offerings and AML/BSA.
• Knowledge of laws and regulations applicable to banks.
• Experience with AI in a professional setting is a plus.
• Familiarity with Inventory Finance, Prepayment Agreements, Negotiable Instruments, and other structured trade finance products is a plus.
• Spanish language skills