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BBVA · 1 day ago

Tax Attorney Executive Director

Houston, TX

Full-time

Onsite

Senior Level, Lead/Staff

$165K/yr - $190K/yr

8+ years exp

BBVA is a customer-centric global financial services group founded in 1857, and they are seeking a Tax Counsel – Executive Director to oversee all U.S. tax-related activities and strategies for their Corporate & Investment Banking business. The successful candidate will perform tax research, provide advisory support, and ensure compliance with U.S. tax law while coordinating with global teams and stakeholders.

AccountingBankingFinanceFinancial ServicesLending

Comp. & Benefits

No H1B

Responsibilities

Answer tax related questions and provide day-to-day tax advisory support to CIB business units, both in the New York office and globally (including teams in Europe, Asia, and Latin America)

Review and negotiate tax provisions in credit facilities, ISDA Master Agreements (including 871(m) implications), CSAs, GMSLAs, GMRAs, and other relevant banking documentation

Evaluate the tax implications of CIB products and business initiatives, particularly in the Global Markets and Broker Dealer fields, including but not limited to: fixed income products (bonds, notes, repos), equity , derivatives (options, futures, swaps), structured products, securitization and cross-border financial instruments, to ensure compliance with U.S. federal, state, and local tax laws and regulations

Help in managing all aspects of the Withholding and Investment Tax Reporting process, including supporting the preparation process for Forms 1099 and 1042-S payee statements, as well as Form 1042 Annual Withholding Tax Return for U.S. Source Income of Foreign Persons, assist with FATCA compliance, respond to requests regarding Forms W-9 and W-8 as applicable, etc

Assistance in trade finance / supply chain finance and other global transactional business initiatives

Participate in internal and external working groups on tax matters impacting BBVA’s CIB operations and represent BBVA in industry advocacy groups related to CIB tax issues

Monitor changes in tax laws, regulations, rulings, and procedures to assess their impact and identify opportunities for the business

Coordinate with external tax counsel, accounting firms, and internal stakeholders to ensure effective tax planning, compliance, and risk control

Support in IRS audits and other regulatory inquiries

Contribute to the development and implementation of internal controls and processes to ensure accurate and timely tax reporting and effective risk mitigation

Assist in developing, updating and maintaining Policies & Procedures manuals for the CIB business and ensure adherence to established protocols

Assist in the preparation or review of tax filings related to the CIB business and maintain appropriate regulatory tax reporting policies and procedures

Qualification

U.S. federal tax lawsInternational tax expertiseFinancial instruments taxationCIB agreements negotiationTax information reportingAnalytical skillsCommunication skillsProblem-solving skillsTeam collaborationSelf-motivation

Required

A JD from a top-tier law school

8-10 years of relevant tax experience at a leading law firm or as in-house counsel at a financial institution / broker-dealer

Strong expertise in U.S. federal and state tax laws, with demonstrated experience in international tax, financial instruments, trading and derivatives taxation rules

Solid understanding of standard CIB agreements, with experience drafting and negotiating tax provisions in financial contracts

Experience with advising on or implementing US tax information reporting and withholding obligations