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CIB CLIENT COVERAGE ASSOCIATE

Area:

Deadline for applying:
12/1/2023
Company:
Z01
Grade:
19
Grade range:

Incentive Eligible:

What does the job entail?

Summary of Responsibilities:

A Corporate Banking Associate is a member of a client-facing team within BBVA’s Corporate and Investment Bank. The Associate’s primary responsibility is to support Corporate Clients USA Relationship Managers in developing, marketing, and delivering the bank’s wide range of banking products and services to corporate clients within a defined set of core industries.

The Associate will coordinate closely with Relationship Managers in the United States, Europe and Latin America, and Product groups to manage all aspects of transactions, including proposal preparation and liaising with risk and Portfolio Management, Legal, Operations and Finance teams.


Major/Essential Job Duties:

Marketing and Deal Execution
Risk/reward Analysis and Decisions
Internal Coordination and Problem Solving
Information Management and Reporting

Scope of Duties:
  • Identify and understand client needs, promptly responding to all client requests.
  • Coordinate transaction closings, including management of all documentation and follow-up.
  • Prepare for client meetings, including presentation materials, background information and call plans.
  • Research and evaluate potential new client relationships.

  • Prepare transaction summaries and Risk-Adjusted-Return analysis for presentation to Credit Committee, including financial metrics such as pro-forma financial statements and cash flow projections, risk and mitigants, SWOT analysis, etc.
  • Analyze global relationships, gathering credit facility and revenue data from BBVA subsidiaries, especially those in Latin America.
  • Participate in Credit Committees jointly with Relationship Managers.

  • Conduct joint planning sessions with Product teams including Debt Capital Markets, Bank Syndications, Corporate Lending, Foreign Exchange, Cash management, and the various teams in Spain and Latin America.
  • Coordinate internal procedures with the Credit, Operational and Legal departments.
  • Resolve any financial, administrative and operational issues by working closely with Operations, Middle Office and Business Development.

  • Perform research and summarize opinions of major equity analysts on products, industries, countries, and economic forecasts.
  • Ensure integrity of domestic/global profitability information gathering for internal team reporting.
  • Maintain the Customer Relationship Management system for pipeline and profitability reporting.

Level of Complexity and Risk Involved:
  • The Associate position requires a high level of involvement and responsibility. Associates are responsible for a substantial amount of in-depth analysis and research and play a crucial role on deal execution and interaction with clients, especially as it relates to opportunities in Latin America.
  • For each client in the portfolio, the Associate plays a relevant role in identifying business opportunities that are in line with the capabilities and product and service offerings of the bank.

Associates play a critical and indispensable role as members of the Corporate Banking team. Associates support Global relationship managers in all day to day operations from client and industry analysis to working on live transactions and deal execution. Associates are also expected and encouraged to interact daily with product partners to enhance internal communication and accomplish deliverables.

Additional expectations within the scope of the associate role:
  • Ability to interact and communicate effectively in English and Spanish (preferred but not required) with internal and external clients.
  • Strong knowledge of finance and accounting.
  • Ability to meet deadlines and prepare client presentations on time and with minimum errors (high attention to detail).
  • Successful interaction with the various product groups and colleagues in the USA and abroad, especially in Spain and Latin America.
  • Ability to work under pressure.
  • Develop solid knowledge of corporate banking products and services in the USA as well as transactional banking products and services in Latin America.
  • Strong work ethic and high degree of proactiveness.

Additional Minimum and Preferred Qualifications

Skills, knowledge, and abilities/Competencies:

Technical Skills:
  • Bachelor’s degree with 4 years minimum of work experience; MBA (preferred but not required).
  • Fluency in English and Spanish (preferred but not required).
  • Strong analytical and financial modeling skills.
  • Advanced computer skills, particularly in Excel and PowerPoint; Reuters and Bloomberg a plus.
  • Understanding of international economics and markets, especially Spain and Latin America.
  • Credit Training a Plus.

Performance Skills:
  • Excellent communication skills; ability to coordinate with people across different departments and regions (Clients, Product Specialists, Credit team, Corporate Banking, and local relationship managers).
  • Ability to work under pressure.
  • Strong attention to detail.
  • Strong interpersonal and teamwork skills.


Management Responsibilities:

Associates work with and report to various senior bankers. Each associate is responsible for a set number of client accounts within various industry sector(s).

Associates are expected to learn the dynamics of the industries they cover and to take ownership of their accounts and might have substantial responsibility in identifying and following on opportunities with their portfolio of clients.


With respect to this position in our New York Office, the expected base salary ranges from $120,000 to $140,000. 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

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.

Benefits Statement

Benefits: A variety of health and welfare and other benefit programs are available, including medical, dental, vision, Wellness Program, Personal Savings Plan (401K), Health Savings Account, Flexible Spending Account, accident benefits, critical illness, hospital indemnity, life insurance, disability benefits, paid vacation & holidays, paid leave programs, tuition assistance programs, pet insurance and more.

Legal requirements

With respect to this position in our New York Office, the expected base salary ranges from $0.00 - 0.00. 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.
Pay Transparency Policy Statement

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.

  • The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.

EEO Statement

BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.

View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.

Working at BBVA

BBVA is a global company with over 160 years of history present in 25 countries with over 81 million customers. We are more than 110,000 professionals working in multidisciplinary and diverse teams.

At BBVA, we are ahead of the transformation that is taking place in the banking sector, challenging the status quo, to make life easier to our customers.

Being part of BBVA means developing your career in one of the most innovative companies in finance.

Responsible banking

We're committed to responsible banking to help drive a more inclusive and sustainable society. The future of banking lies in financing the future.

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 put the opportunities of this new era within everyone's reach.

Diversity

At BBVA we believe having a diverse team makes us a better bank.

For this reason, we actively support diversity, inclusion and equal opportunities regardless race, sex, age, religion, sexual orientation, gender identity or expression. We cultivate a collaborative and inclusive work environment that allows every employee to do their best work.

Our values

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.

Customer comes first

We think big

We are one team

BBVA's purpose is "to bring the age of opportunity to everyone". For us, creating opportunities is more than just a tagline, it’s a way of life! Our culture is heart of who we are. It's realized through our Purpose and our Values, and defines our...

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DATE POSTED
July 19, 2023

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