Job Description

About BBVA and CIB: Corporate & Investment Banking (CIB) handles BBVA's investment banking, global markets, global lending and transactional businesses for international and domestic corporate clients and institutional investors. BBVA CIB is a full-service provider of high value-added products and thanks to its proven business model it can deliver solutions for the most complex needs of its clients anywhere in the world.

Summary of Responsibilities:

This CIB role will be responsible for the Risk Control Assurance tasks for front, middle and back office of the BBVA USA entities. This position will be responsible for managing Operational Risk and the technical implementation of the Non-Financial Risk methodology. It will report and provide information to Holding areas and CIB Management as necessary.

The main responsibility is to support management in the mitigation of operational risk associated to Corporate and Investment Banking businesses (Global Markets, Investment Banking & Finance and Global Transaction Banking) through the development, implementation and execution of preventive and mitigating measures to address non-financial risks.

List Major/Essential Job Duties:

Develop a control framework to mitigate identified risks and manage it based on corporate procedures with corporate tools;

Perform supervisory monitoring and testing of control governance for CIB activities for the BBVA USA entities to ensure compliance with internal governance and the applicable US regulation;

Contribute to the aggregate reporting in the Operational Risk Committee with testing results, identified operational issues and findings, and relevant action plans by presenting to CIB management and charter members on a quarterly basis;

Develop, implement and execute/generate periodic controls and Key Risk Indicators (KRIs);

Perform follow ups and ensure closure of Internal Audit recommendations and Regulatory Exams, to improve the Operational Risk Model;

Maintain, update, test, and conclude on SOX and Non-SOX risks and controls;

Monitor and report operational losses to the Operational Risk Committee and management;

Prepare internal reports to management and update reporting systems;

Update tasks and functions performed in the internal Task Manager tool and the operational risk management tool MIGRO;

Follow-up on the status of identified issues until effectively remediated;

Communicate with relevant business areas, technology partners and other teams while conducting detailed reviews of internal controls, policies, procedures, and processes that mitigate risks and facilitate compliance with applicable regulations and business requirements.

Level of Complexity and Risk Involved:

Continuous governance oversight due to complex regulatory environment. The Risk Control Assurance function must be in accordance with BBVA SA CIB model and complying with corporate standards. The activities, proposals and reporting must efficiently mitigate the operational risks involved in the CIB businesses. The main responsibility is to support management to mitigate the operational risk associated to the businesses and support areas.

Skills, knowledge, and abilities/competencies:

Bachelor Degree in Business, Accounting or similar.

Minimum of 10 years professional experience in Operational Risk, Internal Control, Internal Audit, or Compliance in Banking, Financial Institutions, Broker Dealers, or Consulting / Audit firm activities related to the banking sector, is preferred.

Corporate Banking Product knowledge is preferred.

Experience in dealing with regulators is desired.

Understanding of the current regulatory and legal framework, including internal control main functions (e.g. SOX, Operational Risk, Volcker, Dodd Frank Act, BSA/AML, Reg W), is a desired skill.

Strong organization and time management skills; ability to deal with conflicting deadlines.

Professional work ethics.

Self-motivation skills; ability to work independently.

Computer skills: GSuite and MS Office minimum.

Excellent communication skills (oral, listening, and written presentation skills).

Ability to build consensus and work in a team environment.

English mandatory; Spanish language skills desired.

Management Responsibilities:

Experience managing personnel.

Autonomous management of business and team needs and development.

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 Houston Office, the expected base salary ranges from $125,000 to $135,000. 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

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