The BBVA New York Legal Department provides legal support to the Corporate & Investment Banking Group ("CIB"), which includes the New York branch of BBVA (a Spanish bank) and an SEC-registered broker dealer. The successful candidate will provide counsel on legal and regulatory issues, perform legal research, review documentation for financial transactions, present updates to senior management and manage corporate governance, primarily in support of CIB under the supervision of the General Counsel for CIB in the US.
Primary Duties
- Support trade finance activities, including drafting and review of receivables purchase and invoice discounting facilities, supply chain finance documentation, bilateral working capital facilities, reimbursement agreements, letters of credit, participation agreements, UCC financing statements, and other trade finance documentation.
- Support securitization activities, including negotiating securitization facilities for receivables and other asset classes, reviewing legal opinions, and regulatory compliance (experience with EU securitization regulations is a plus).
- Answer legal and regulatory questions and provide day-to-day support to the BBVA Group, whether for the New York office or globally, engaging colleagues in Europe, Asia and Latin America.
- Review and analyze legal documentation in all stages of secured and unsecured lending transactions, including credit agreements, guarantees, security documents, NDAs, commitment letters and engagement letters.
- Represent the Legal Department in meetings across various bank functions with senior management and external stakeholders. Advise on all legal matters relevant to the US CIB operations.
Required Qualifications
At least 4 years of experience at a top law firm or as in-house counsel at a leading financial institution.Prior experience negotiating trade finance documentation.Self-motivated with the ability to work independently, exercise good judgment with respect to escalation, and collaborate effectively in a team-oriented environment.Excellent written and verbal communication and analytical skills.High degree of integrity and strong work ethic. Timely follow-through on commitments.A Juris Doctor from a top law school.An active license to practice law in the State of New York.Desired Skills
Experience negotiating corporate finance documentation.Flexibility and willingness to jump into unfamiliar legal terrain, including derivatives and securities trading, real estate finance, litigation, vendor contracting, employment, sustainability, cybersecurity, data protection, corporate reporting, securities offerings and AML / BSA.Commitment to training and improving policies.Interest in improving Legal Department operational efficiency.Knowledge of laws and regulations applicable to banks.Spanish language skills are a plus.Positive perspective and sense of humor.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 $150,000 to $180,000. 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 positionsJ-18808-Ljbffr