Financial Sponsors & Funds - Credit Risk Senior Manager

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.

Our Global Risk Management team in London is the backbone of BBVA’s decision-making process for Corporate & Investment Banking (CIB). We operate in one of the world’s most sophisticated financial hubs, providing expert analysis to safeguard the Group’s solvency while enabling business growth. Joining the Asset Managers & LBOs unit means being part of a high-performing, international team that manages complex credit profiles for Private Equity firms, Institutional Investors, and Private Credit funds. Here, your technical expertise directly shapes our global portfolio strategy.

About the job:

As a Financial Sponsors & Funds - Credit Risk Senior Manager, you will play a pivotal role in the end-to-end credit risk lifecycle. You won't just analyze data; you will provide the strategic insight necessary to underwrite high-value transactions. Your mission is to balance risk and reward, ensuring that our partnerships with Financial Sponsors and Funds are sustainable and aligned with BBVA’s risk appetite.

Your key impact areas will include:

• Strategic Underwriting: Leading the pre-screening and risk underwriting for complex individual transactions, ensuring deep-dive analysis into financial and operational risk profiles.

• Influence & Governance: Actively participating and presenting your views in Credit and Business Committees, acting as a credible voice for the Risk function.

• Portfolio Intelligence: Monitoring and reporting on the Financial Sponsors and Funds portfolio, identifying trends or early warning signals in the macro environment.

• Stakeholder Collaboration: Acting as a key partner for CIB business lines and Holding-level risk teams, fostering a culture of transparency and shared goals.

Mandatory Requirements:

• Specific Technical Knowledge

  • Deep understanding of the Financial Sponsors and Funds ecosystem (Private Equity, Private Credit, and Asset Management).

  • Expert knowledge of Lending and Derivatives products.

  • Advanced financial modeling and structural analysis of complex credit transactions.

• Experience: 

  • Minimum 10 years of experience in credit risk management and underwriting in an investment banking environment with proven expertise in deal analysis with a strong focus on Asset Managers including private equity and private credit firms.

• Academic Background: Master’s Degree in Finance, Economics, or a related quantitative field.

• Languages. English: Full professional proficiency  is essential for this London-based role.

• Personal Skills:

  • Priority Management: Excellence in navigating dynamic environments and meeting milestones without compromising quality.

  • Strategic Collaboration: A true team player who values diverse perspectives and builds strong internal networks.

  • Decision-Making: Ability to synthesize complex information into clear, actionable risk recommendations.

Nice to have:

• Spanish: Proficiency in Spanish is a plus, facilitating communication with our Global Headquarters.

• Professional certifications such as CFA or FRM are highly valued.

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

Skills: