WHOLESALE RISK MANAGER I

Excited to grow your career?
 

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:

Job Purpose & Objectives

Objectives:

• Prepare credit proposals and conduct risk monitoring for Financial Institutions, including banks, securities firms, insurance companies, and sovereign entities.
• Provide insightful comments and recommendations on market developments in the banking and financial services industries to management.
• Implement Global Risk Management policies, procedures, manuals, and guidelines for Financial Institutions across Asia.
• Ensure compliance with relevant regulatory requirements in managing counterparty risk for Financial Institutions in Asia.

Job Purpose:

• Maintain regular communication with banking regulators, external rating agencies, and key market participants to stay informed on market developments.
• Respond to inquiries and foster collaborative relationships with Business and Support Units regarding counterparty risk of Financial Institutions in Asia.
• Collaborate closely with Global Risk Management teams in Asia and at Head Office.
• Assist in developing and implementing the counterparty risk management framework for Asia.
• Recommend counterparty risk policies, procedures, and best practices for regional adoption.
• Ensure timely updates of risk policies, frameworks, and proposals.

Key Responsibilities:

• Prepare and review credit proposals regularly.
• Produce risk control and monitoring reports on a scheduled basis.
• Address ad-hoc credit proposals from business units promptly.
• Monitor adherence to risk procedures and guidelines for Financial Institutions in Asia.
• Report significant adverse developments concerning Financial Institutions to Senior Management in Asia.
• Coordinate with business units to ensure timely submission of business proposals.
• Maintain and update the credit risk system consistently.
• Communicate regularly with front offices to ensure understanding of the latest risk policies and strategies.
• Track and document market developments through research, regulatory communications, and updates from rating agencies and market participants.

Job Specifications:

Qualification & Experience:

• Bachelor’s degree in Accounting, Finance, or equivalent; CFA, CPA or ACCA certification preferred.
• Minimum of 6-8 years’ experience in banking or financial services, preferably within international banks.
• Knowledge of treasury, capital markets, trade finance, and transaction banking products preferred.
• Experience with GMRA, GMSLA, ISDA and CSA negotiation..
• Understanding of relevant regulatory, statutory, and international banking and accounting standards preferred.
• Competence in qualitative and quantitative counterparty risk analysis and credit evaluation preferred.

Language Requirements:

• Fluency in written and spoken English,  other major Asian languages, and/or Spanish is an advantage.

Other Skills:

• Proactive with excellent interpersonal and communication skills.
• Ability to work effectively in a multicultural and cross-functional environment.
• Skilled in preparing and delivering presentations and documentation.
• Demonstrates high reliability, quality, and timeliness in deliverables.

Skills:

Communication