Note: The job is a remote job and is open to candidates in USA. BBVA is a global financial institution, and they are seeking a Global Trade Finance Analyst for their LatAm team in New York. The Analyst will support senior specialists in executing trade finance solutions for corporate clients, managing client relationships, and coordinating with various internal teams.
Responsibilities
- Deal execution: 50%
- Marketing, origination, structuring and execution of Trade Finance solutions to BBVA’s Global Corporate Clients in Latam, 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.)
- Credit Enhanced Short-Term Facilities: Private Insurance, Multilaterals
- Pre-export Finance
- Silent Guarantees
- Structured Trade Finance products such as BB Facilities, Prepayments, Inventory Finance
- Sustainable Trade Finance and Working Capital solutions within the Global Transaction Banking ESG Framework (GTB Sustainability Framework)
- Coordination with partners across the organization to deliver seamless Trade Finance solutions to clients, including but not limited to the following: Global Corporate Clients, Legal, Compliance, Credit Risk, Operations and Funding Desk
- Negotiating credit agreements with corporate clients, multilaterals, other financial institutions and legal advisors
- Various internal reporting duties, such as pipeline and P&L management, among others
- Assist in establishing and managing client relationships with Latin America
- Assist in evaluating business opportunities, putting together tailor-made structures and preparing internal proposals under the GTF application model
- Coordinate closing procedures with treasury and operations team (HUB), including fixing funding rates, completing documentation and compliance requirements
- Participate in the team’s marketing activities by preparing marketing material, including presentations, for our clients as well as statistics for internal purposes
- Maintain a strict portfolio management control; interact with business development units for reporting purposes
- Maintain direct contact with our affiliated banks for support of funding needs
- Assist in product development and creation of alternative structures
- Conduct independent research on corporate and industry sectors
- Assist with and manage internal reports, such as pipeline and P&L
Skills
- Bachelor degree in Business Administration, Finance or related field
- 0-1 year work experience in Banking or related field with exposure to cross-border markets and products
- Intermediate knowledge in international banking, world economy and financial systems
- Fluent in English and Spanish and ideally Portuguese (both oral and written)
- Strong computer skills, particularly in Excel, PowerPoint, and Internet search engines; Reuters and Bloomberg a plus
- Self-starter with the ability to work remotely
- Ability to multitask and work under pressure
- Good analytical and communication skills
- Creative thinking with attention to detail
- Team player
- Employment eligibility to work with BBVA in the U.S. is required as the company will not pursue visa sponsorship for these positions
Benefits
- A generous employee benefits package
- A discretionary bonus
Company Overview
BBVA is a finance company that provides accounting, card, mortgage, loan, investment fund, pension plan, and insurance services. It was founded in 1857, and is headquartered in Bilbao, Pais Vasco, ESP, with a workforce of 10001+ employees. Its website is https://bbva.csod.com.
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