Project Finance Debt Financial Advisory Vice President

Location: New York

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.

About the job:

TEAM BACKGROUND:

With strong ambitions in sustainability and in an effort to help clients successfully navigate a dynamic market environment, BBVA CIB’s financial advisory unit has set up a specialized group with a focus on offshore wind power and energy transition/cleantech sectors (particularly those involving new or nascent technologies such as battery/energy storage, carbon capture utilization & storage, low-carbon hydrogen, transport electrification and biofuels).

The group, currently based in Europe, has global geographic coverage serving a large and diversified client base (corporates and financial sponsors).To better serve clients in the USA and Canada, this advisory group is looking to have on-the-ground presence with a new team being formed in New York City (NYC). Furthermore, given the specificities of the local markets and BBVA presence (including a large PF lending team in NYC), coverage for this new team will also include conventional energy, established renewables and infrastructure sectors.

The team will focus primarily on debt advisory (project finance, acquisition finance, refinancing), with potential to include asset-specific M&A scope in the future.

The role comes with high internal and external visibility together with strong career growth potential reflecting BBVA’s talent development focus.

JOB RESPONSIBILITIES:

Origination Assistance in formulation of group strategy and deal targeting

Helping originate, maintain and strengthen relationships with clients, potential clients, lenders (banks and institutional investors), tax equity/tax credit investors & due diligence advisors

Participation in marketing efforts and preparation of pitches/presentation materials (both internal and external)
Coordination with internal teams (e.g. coverage, Project Finance lending, syndication, Global Markets) to identify opportunities or propose new business ideas and to help convert these into mandates

Execution

Key role in structuring and end-to-end execution of transactions, including full ownership of certain deliverables

Communication with clients on transaction aspects for which the person is responsible

Supervision of financial modelling workstream and related analyses (optimisation, sensitivities, valuations, model audit)
Lead role in preparation of deal materials (e.g. information memoranda, info for sponsor and lender approvals)
Assistance in financing and project documentation review and negotiations

Liaison and coordination with external advisors for due diligence completion

General

Training and mentoring of junior members of the team (associate/analyst/interns)
Fostering cross-selling of CIB products working in coordination with other relevant CIB teams

Overseeing and contributing in internal and external administrative tasks

Travelling will be required as part of the role for internal and external meetings

Qualifications

Academic background and previous experience

Master's degree (desirable: MBA or specialisation in Finance)6-8 years' experience in debt advisory (particularly project finance and acquisition finance) or combined lending + advisory role and/or M&A advisory, with a solid deals list (including financing structures with tax equity/tax credit)
Experienced associates or junior VPs at investment banks, advisory firms, commercial banks (including those with lending + advisory experience) and from the sponsor/developer side (funds/utilities) will be most relevant for this role.

Technical knowledge and languages

Strong financial modelling expertise (project finance, valuation, capital stack including tax credits) and analytical skills

Fluency in English (oral and written)
Proficiency in Spanish would be a plus (but not a prerequisite)
Licenses:

FINRA SIE, Series 79, and Series 63 licenses required

Soft skills

Interpersonal skills with…