Investment Banking In-House Finance Counsel (New York)

Overview

At BBVA, we are leading the transformation of global banking with the aim of bringing the opportunities of this new era within everyone’s reach. We are a global financial institution present in more than 25 countries with over 89 million customers. We are a bank with 125,000 plus employees across the world, and every one of those employees is leading and designing his/her professional career with the help of tools provided by the organization to make that happen.

Corporate responsibility is an intrinsic part of our business model, promoting inclusion and financial education while supporting research and culture. Being part of BBVA means developing your career in one of the most innovative companies in finance.

We started out with the spirit of helping others make the best financial decisions. That spirit remains with us today and encourages us to keep moving forward, prioritizing innovation and digital transformation so that we can bring the opportunities of this new era within everyone’s reach.

Our values define our identity; they are what drives us to make our goals a reality and they guide all of our actions and the decisions we make

• The customer comes first.

• We are one team.

• We think big.

The BBVA US Legal Department provides legal support to the Corporate & Investment Banking Group (“CIB”), which includes the New York branch and Houston representative office of BBVA (a Spanish bank), and its 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 Deputy General Counsel for CIB in the US.

Primary Duties

• Support capital markets transactions, including the review and analysis of documentation for SEC-registered and 144A/Reg S offerings (debt, equity, and ABS), private placements, structured notes distributions, and credit trading; advise on securities laws and broker dealer regulations, including SEC and FINRA rules; and coordinate and provide guidance to the U.S. underwriting committee.
• Support bank lending transactions, including the review and analysis of documentation for secured and unsecured transactions; corporate lending, project finance, and capital call facilities; and syndicated, club, and bilateral loans.
• Answer legal and regulatory questions and provide day-to-day support to the BBVA Group, whether with respect to its US operations or globally, engaging colleagues in Europe, Asia and Latin America.
• Represent the Legal Department in meetings across various bank functions with senior management and external stakeholders. Advise on all legal matters relevant to US CIB operations.

Required Qualifications

• At least 5 years of experience at a top law firm.
• Significant experience negotiating both capital markets and bank finance documentation.
• In-depth knowledge of securities laws and broker dealer regulations.
• 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 100 law school.
• An active license to practice law in the State of New York.

Desired Skills

• Interest in improving Legal Department operational efficiency.
• General commitment to training and improving upon policies and procedures.
• General knowledge of laws and regulations applicable to banks.
• Legal flexibility: a willingness to jump into unfamiliar legal terrain, including derivatives, trade finance, litigation, vendor contracting, sustainability, cybersecurity, data protection, corporate reporting, and AML/BSA.
• Spanish language skills are a plus.
• Great sense of humor and positive perspective.

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 $230,000 to $275,000. 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