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BBVA

FINANCIAL RISK INTERNAL CONTROL PRINCIPAL MANAGER

Reposted 13 Days Ago
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In-Office
London, Greater London, England, GBR
Expert/Leader
In-Office
London, Greater London, England, GBR
Expert/Leader
The role involves reviewing financial risk proposals, participating in risk committees, ensuring compliance with banking regulations, and preparing reports on reviewed proposals and escalations.
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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.

The CIB Risk Internal Control (CIR CIB) team is a newly established team within the CIB area.

As a second line of defense within CIB, the CIR CIB team is integrated under the Regulation & Internal Control CIB unit. Nevertheless, its hierarchical reporting line is aligned with the Group Regulation and Internal Control team.

The team is structured into three sub-teams, specialized by scope:

  • Technical Secretariat: Focused on Governance and Policies.

  • CIB Challengers: Participation in local risk committees.

  • CIR Processes: Dedicated to the execution and review of processes.

About the job:

The candidate will join a global team composed of 13 professionals. This position will work closely with the Technical Secretariat of the local committees managed by CIR CIB UK. Among the various responsibilities to be performed by the Challenger, the following are included:

  • Review proposals within the scope of the Wholesale Risk Committee from the perspective of their alignment with the risk appetite and consistency with established policies, ensuring appropriate traceability of the review.

  • Actively participate in Wholesale Risk Committees across the different geographies, exercising independent challenge over the proposals submitted. The role will have formal authority to escalate cases where concerns arise from the independent review. In such cases, the Challenger must document the rationale supporting the escalation and ensure it is incorporated as part of the proposal submitted to the superior committee.

  • Ensure strict compliance with the management model, internal policies, and applicable banking regulations for proposals falling within the decision-making scope of the highest Wholesale Risk Committee at the geographic level.

  • Review the monitoring of sector frameworks and be familiar with relevant product guidelines, in order to understand approved standards and strengthen the quality of the analysis.

  • Prepare and submit monthly activity reports to the line manager, including at a minimum the proposals reviewed, distinguishing escalated cases and grouping the reasons for escalation by typology.

  • Monitor the results of CQR reports within the assigned scope, identifying weaknesses and adjusting the analysis accordingly.

What are we looking for?

  • Master’s degree in Mathematics, Physics, Engineering, or a related field. Formal education in Economics and Finance will be considered an asset.

  • More than 12 years of experience in financial risk management.

  • Experience in the analysis of Corporates, Financial Institutions, among others.

  • Knowledge of structured finance (Project Finance, securitisations, etc.).

  • Previous experience performing challenge activities in risk committees.

  • Strong knowledge of the applicable regulatory and supervisory frameworks.

  • Excellent analytical, communication, problem-solving, and teamwork skills.

  • English and Spanish level: fluent.

Please note that priority will be given to candidates who are elegible to work in the UK.

Skills:

English Language

BBVA London, England Office

1 Canada Square, Canary Wharf, London, United Kingdom, E14 5AB

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