ADVISORY GTB ASSOCIATE
Apply NowCompany: BBVA compass
Location: New York, NY 10025
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:
BBVA New York is hiring an Associate to help drive BBVA's Advisory and Sustainability strategy within Global Transaction Products. This role will develop a differentiated offering to further the bank's status as a trusted advisor and provider of Working Capital and Sustainability solutions, focusing on Global Transaction Banking ("GTB") products and data/AI driven methodologies.
Responsibilities:
Deal execution: 40%
Reporting: 30%
Business development: 30%
Support the development and implementation of data driven and AI solutions related to Trade Finance and Working Capital solutions to BBVA's Global Corporate Clients, which include but are not limited to:
Identify working capital analysis tools and trends within data management and AI space.
Gather, analyze and interpret the bank's potential and existing client's data and reports considering working capital perspective to identify trends and opportunities (including sustainability).
Map internal and data/AI tools to provide relevant corporate data to the team to foster new business opportunities, client analysis maximization and market share growth.
Prepare customized and data driven marketing materials and proposals, including presentations and pitch books (Sustainability may be the focus), for our clients.
Provide market intelligence, conduct independent research on corporate and industry sectors to optimize business growth and client offering services considering working capital analysis and market share improvement.
Assist to structure sustainable solutions.
Proactively identify areas for improvement to optimize the department's processes, which includes the development of AI applications to automate certain basic tasks.
Skills, knowledge, abilities/competencies:
Technical Skills:
Performance Skills:
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 $110,000 to $130,000. 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
Legal requirements
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.
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:
BBVA New York is hiring an Associate to help drive BBVA's Advisory and Sustainability strategy within Global Transaction Products. This role will develop a differentiated offering to further the bank's status as a trusted advisor and provider of Working Capital and Sustainability solutions, focusing on Global Transaction Banking ("GTB") products and data/AI driven methodologies.
Responsibilities:
Deal execution: 40%
- Analyze internal standard framework in conjunction with potential opportunities to confirm its compliance.
- Preparation of internal forms and requests for internal approvals.
- Support other team members, relationship managers and other product units to structure sustainable transactions.
- Manage recurrent and new transactions closing flow (review client's documentation, analyze its compliance with internal frameworks, prepare internal forms, coordinate agreement signature process, input information in internal controls).
Reporting: 30%
- Preparation and maintenance of different databases, e.g. opportunities pipeline, historic repository of transactions, client visits, etc.
- Organization and maintenance of share drives, document coding and application of departmental record retention policy.
- Track and monitor existing deals' KPIs and reporting requirements, maintain internal records updated and review internal controls.
Business development: 30%
Support the development and implementation of data driven and AI solutions related to Trade Finance and Working Capital solutions to BBVA's Global Corporate Clients, which include but are not limited to:
- Letters of Credit (issuance, confirmation, advising of Letters of Credit, Stand-By LCs, Documentary Collections, etc.).
- Receivables/Payables Finance: Supply Chain Finance / Confirming, Receivable Purchase Programs / Factoring / Vendor Factoring, Forfaiting / Structured Forfaiting (discount without recourse of instruments of payment such as LCs, receivables, bills of exchange, promissory notes, etc.).
- Sustainable Trade Finance and Working Capital solutions within the Global Transaction Banking ESG Framework (GTB Sustainability Framework).
Identify working capital analysis tools and trends within data management and AI space.
Gather, analyze and interpret the bank's potential and existing client's data and reports considering working capital perspective to identify trends and opportunities (including sustainability).
Map internal and data/AI tools to provide relevant corporate data to the team to foster new business opportunities, client analysis maximization and market share growth.
Prepare customized and data driven marketing materials and proposals, including presentations and pitch books (Sustainability may be the focus), for our clients.
Provide market intelligence, conduct independent research on corporate and industry sectors to optimize business growth and client offering services considering working capital analysis and market share improvement.
Assist to structure sustainable solutions.
Proactively identify areas for improvement to optimize the department's processes, which includes the development of AI applications to automate certain basic tasks.
Skills, knowledge, abilities/competencies:
Technical Skills:
- Bachelor degree in Business Administration, Finance or related field.
- 2-3 years of work experience in Banking or related fields with exposure to Corporates and/or Financial Institutions working capital and/or trade finance needs.
- Intermediate knowledge in international banking, world economy and financial systems.
- Fluent in English. Written and spoken Spanish recommended.
- Advanced computer skills, particularly in Excel, PowerPoint, Internet search engines, Client Presentation and Data Dashboards; Chat GPT and Bloomberg a plus.
- Data modeling and analytical and AI engineering skills recommended.
- Sustainable Finance knowledge is welcomed.
Performance Skills:
- Self-starter, proactive and highly motivated individual with strong marketing skills and a collaborative and innovative mindset.
- Excellent communication skills.
- Self-starter with the ability to work both remotely and in the office.
- Very strong interest in developing data driven working capital analysis and the GTB Advisory space in particular.
- Ability to multitask and work under pressure.
- Good analytical and communication skills.
- Creative thinking with attention to detail.
- Team player.
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 $110,000 to $130,000. 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
Legal requirements
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.