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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:
Responsibilities
The BBVA New York Legal Department provides legal support to the Corporate & Investment Banking Group (“CIB”), which includes the New York branch of BBVA (a Spanish bank) and an SEC-registered broker dealer. The successful candidate will provide counsel on legal and regulatory issues, perform legal research, review documentation for financial transactions, present updates to senior management and manage corporate governance, primarily in support of CIB under the supervision of the General Counsel for CIB in the US.
Primary Duties
- Support trade finance activities, including drafting and review of receivables purchase and invoice discounting facilities, supply chain finance documentation, bilateral working capital facilities, reimbursement agreements, letters of credit, participation agreements, UCC financing statements, and other trade finance documentation.
- Support securitization activities, including negotiating securitization facilities for receivables and other asset classes, reviewing legal opinions, and regulatory compliance (experience with EU securitization regulations is a plus).
- Answer legal and regulatory questions and provide day-to-day support to the BBVA Group, whether for the New York office or globally, engaging colleagues in Europe, Asia and Latin America.
- Review and analyze legal documentation in all stages of secured and unsecured lending transactions, including credit agreements, guarantees, security documents, NDAs, commitment letters and engagement letters.
- Represent the Legal Department in meetings across various bank functions with senior management and external stakeholders. Advise on all legal matters relevant to the US CIB operations.
Required Qualifications
- At least 4 years of experience at a top law firm or as in-house counsel at a leading financial institution.
- Prior experience negotiating trade finance documentation.
- Self-motivated with the ability to work independently, exercise good judgment with respect to escalation, and collaborate effectively in a team-oriented environment.
- Excellent written and verbal communication and analytical skills.
- High degree of integrity and strong work ethic. Timely follow-through on commitments.
- A Juris Doctor from a top law school.
- An active license to practice law in the State of New York.
Desired Skills
- Experience negotiating corporate finance documentation.
- Flexibility and willingness to jump into unfamiliar legal terrain, including derivatives and securities trading, real estate finance, litigation, vendor contracting, employment, sustainability, cybersecurity, data protection, corporate reporting, securities offerings and AML/BSA.
- Commitment to training and improving policies.
- Interest in improving Legal Department operational efficiency.
- Knowledge of laws and regulations applicable to banks.
- Spanish language skills are a plus.
- Positive perspective and sense of humor.
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 $87,000 to $130,000. 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: disabilityaccessjobs.us@bbva.com 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.
