Product Monitoring Managing Director
Apply remote type Hybrid locations LONDON time type Full time posted on Posted 2 Days Ago time left to apply End Date: December 20, 2024 (6 days left to apply) job requisition id JR00059103
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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:
The general responsibilities for the role include but are not limited to the following:
* Managing the EMEA Portfolio Monitoring team, including new hirings.
* Work closely with risk and front office product teams to successfully structure and close loan transactions.
* Once a loan is closed, PM will manage the loan portfolio, including covenant compliance reporting, amendments and waiver.
* PM will monitor borrowers for key events that could have an impact on the credit quality of the portfolio.
* PM will proactively manage loans which are at risk of default, engaging with restructuring teams as needed.
* As head of the team, this role will be responsible for leading the Agency Services function when BBVA is lead bank or acts as sole lender.
* Interacts with Collateral Agents, Account Agents, Internal / External Legal Counsel, Trustees, etc in the management of lead roles.
* Interacts with internal loan operations, funding desks, etc in the closing and management of the loan book.
* Responsible for managing the loan book in the EMEA region, which includes corporate syndicated loans, project finance, real estate finance, and capital calls.
* Work with Loan Syndicate & Sales teams in the purchase and sale of assets as needed.
* Regular reporting of loan metrics and quality indicators.
List Major/Essential Job Duties:
* Building and leading a UK based Portfolio Monitoring team to support the existing and expected growth in the EMEA region loan portfolio.
* Interact with a variety of internal and external parties to ensure the successful execution and maintenance of the EMEA loan book.
* Provide Agency Services function for loan transactions where BBVA acts as lead bank.
* First line of defense on credit quality of the loan portfolio including covenant monitoring and early warning indicators of the client base.
* Strong understanding of loan documentation, loan structures, and covenant language, especially related to Project Finance transactions.
Level of Complexity and Risk Involved:
* Moderate level of complexity – especially related to monitoring of Project Finance and Real Estate Loans.
Skills, knowledge, and abilities/competencies:
* Degree in Economics, Accounting, Finance or related field.
* 10+ years of experience including roles in loan operations, loan monitoring, and/or agency services.
* Knowledge of syndicated finance, project and infrastructure finance, and real estate.
* Strong understanding of the loan closing process and administrative agent roles.
* Demonstrated experience and proficiency in understanding loan documentation, covenants, and loan structures, especially related to Project Finance.
* Excellent English written and verbal communication skills and fluency in Spanish.
* Ability to work in a team environment and under tight deadlines.
* Proficient in Excel and Power Point.
* Strong analytical skills.
Management Responsibilities:
* This role will be responsible for building and leading the EMEA Portfolio Monitoring team to support the growth of the EMEA region.
Skills:
Accounting
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We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!
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