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BBVA · 15 hours ago

WHOLESALE RISK SENIOR MANAGER I

New York

Full-time

Hybrid

Director/Executive

$160K/yr - $200K/yr

10+ years exp

BBVA is a global company with over 160 years of history serving more than 80 million customers. They are seeking a Wholesale Risk Senior Manager I to drive improvements in Credit Risk Management for commercial real estate transactions and manage an existing portfolio in alignment with industry best practices.

AccountingBankingFinanceFinancial ServicesLending

Comp. & Benefits

No H1B

Responsibilities

Conduct thorough credit risk assessments of commercial real estate transactions, including the evaluation of borrower creditworthiness, property value, cash flow projections, and market conditions

Oversee and manage a portfolio of commercial real estate loans, ensuring that risk exposure is within the company's risk appetite

Lead the underwriting process for complex commercial real estate deals, providing expert judgment on credit risk factors and structuring recommendations

Enforce credit risk policies and procedures specific to commercial real estate, ensuring alignment with regulatory requirements and best practices

Monitor market trends, economic indicators, and property performance to identify potential risks and opportunities within the portfolio

Work closely with origination teams, legal, and senior management to ensure that credit risk considerations are fully integrated into business decisions

Prepare and present detailed credit risk reports to senior management and stakeholders, highlighting key risks, mitigants, and recommendations

Ensure compliance with all relevant regulations and internal policies, staying informed of changes in the regulatory environment that could impact the commercial real estate portfolio

Qualification

Credit risk managementCommercial real estateFinancial modelingAnalytical skillsRegulatory knowledgeTeam managementCommunication skillsProblem-solving skillsProject leadership

Required

Minimum of 10-15 years in credit risk management, with a significant portion of that time focused on commercial real estate

Strong understanding of commercial real estate underwriting, credit analysis, and market evaluation

Proficiency in financial modeling and risk management tools

Exceptional analytical and problem-solving skills, with the ability to make sound judgments based on complex data

Excellent written and verbal communication skills, with the ability to articulate complex risk concepts to non-specialists

Proven ability to lead projects, manage teams, and collaborate effectively across departments

In-depth knowledge of relevant regulations and regulatory frameworks affecting commercial real estate lending

Bachelor's degree in Finance, Real Estate, Economics, or a related field

Preferred

MBA or CFA designation preferred, but not required

Knowledge in risk management with a focus on climate and sustainability (i.e. GARP SCR or CFA ESG Investing certified) is highly preferable, but not a requirement for the opportunity