Fund Finance Managing Director

Job Title

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.

This professional will be responsible for originating opportunities and executing capital call / subscription line facilities with the goal of building a highly profitable portfolio of transactions as a key contributor to the overall Institutional Client plan. The successful applicant will be tasked with working with both sponsor coverage and local / global risk teams to generate high quality opportunities that fit within the Bank's approved framework for these facilities.

Along with sponsor coverage, the person will work directly with asset managers, financial sponsors, and lead banks to promote BBVA's brand and appetite for significant roles within these transactions.

• Work with client coverage and loan syndicate to identify opportunities to participate in capital call facilities
• Direct interaction with sponsors to generate direct invites to transactions
• Work closely with risk and coverage to analyze and execute transactions
• Manage the global capital call portfolio, including reporting and monitoring alongside the Monitoring team
• Provide guidance and lead strategic direction of Capital Call lending

High degree of specialized knowledge required. Deep understanding of the structural aspects of each deal, market trends, and risks. Work with Risk and Portfolio Monitoring to implement best practices in managing and monitoring the portfolio, including facility refinancings and LP tracking.

• Lead and direct local Capital Call team to support growth of business
• Provide strategic oversight of European team and deal flow
• Interaction with other teams within the BBVA Group, especially the Risk and Legal teams
• Transaction underwriting, loan closing, and monitoring for portfolio optimization
• Maintenance of internal reports and their distribution to the appropriate areas
• Oral and written presentations for client marketing and internal purposes
• Client meeting participation and follow-up
• Preparation and monitoring of the loan closing process
• Identification and use of research and tools
• Participation in due diligence and legal meetings
• Coordinate the workflow of the VP and analyst(s) dedicated to the team

• Degree in Economics, Accounting, Finance or related field
• 10+ years of experience working in corporate and / or investment banking related to Fund Finance and specifically Capital Calls / Subscription Lines
• Experience at major financial institutions in a similar role lead role and structuring experience a plus
• Fluent in English a must, Spanish a strong plus
• Excellent communication and presentation skills
• Ability to work in a team environment and under tight deadlines
• Strong understanding of Capital Call structures and trends in the industry
• Proficient in ALL Microsoft Office Tools
• Strong Excel and PowerPoint necessary, Bloomberg a plus

The successful applicant will be supported by a Vice President and junior resources locally in addition to an extended team based in London.

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 New York Office, the expected base salary ranges from $250,000 to $320,000. 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