Global Trade Business Execution Team - Vice President
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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:
Summary of Responsibilities :
The Global Trade Business Execution Team – Vice President (“BE VP”) will be an integral part of the Global Trade Finance New York team, and will serve as the primary liaison between the Front and Back office. The Global Trade Business Execution Team is responsible for the execution and post-sale service of all Trade products, with main focus on Stand-By Letters of Credit (SBLCs) and Documentary Credits (DCs), ensuring a seamless experience for clients from Sales to Execution.
The BE VP will serve as the primary liaison between Front and Back office to ensure accurate and timely execution, monitoring and post-sale service of all Trade products, which will include, but not limited to, the following responsibilities:
I. Documentation
Review that all documentation is in order per the checklists for new facilities and transactions.
Review Agreements to ensure compliance with credit and other approvals.
Review language of SBLCs and DCs.
Review documentation provided by the Front office for review and 2nd check prior to sending to the back office using checklists in place.
Contact customers in a timely manner to obtain complete final documentation decks within the internal deadlines agreed with our back office.
II. Profitability
Ensure transactions under existing facilities hurdle as per the approvals and minimums in place by the Front Office.
III . Billing
Monitor pending invoices and follow-up with clients to ensure timely payment of fees.
IV. Outstanding reports / Facility Monitoring / Transaction Monitoring
Work Flow submissions for risk approvals of transactions.
Liaise with other departments for transaction related questions (i.e Compliance, Audit, operations, etc).
Monitor all ongoing deals and reconcile with the Front Office.
Skills, knowledge, abilities/Competencies :
Minimum 7 years’ experience of deal closing coordination/implementation of Global Trade Finance transactions.
Must be proficient in reviewing SBLC language and preparation of SBLC drafts.
Bachelor’s degree in finance, economics or related field – preferred.
Fluent in English (both oral and written) - Spanish (preferred).
Working knowledge of credit approval and documentation process for Global Trade Finance products.
Good written and verbal communication.
Time management skills and flexibility to operate across multiple functions.
Proactive/self-starter: ability to perform functions in a timely and accurate manner.
Strong attention to detail, specifically for documentation, fee calculation and reporting.
Independent contributor who works well in the absence of supervision.
Proficient in Microsoft Office Tools (MS Word, Excel and PowerPoint).
Strong computer literacy, including experience with document preparation, digital communication tools and ability to manage and process information using digital tools efficiently.
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 $140,000 to $155,000. 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: [email protected] 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.
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