PORTFOLIO MONITORING VICE PRESIDENT

BBVA; London; Hybrid; GBP 60,000 - 100,000; Full time

Job description

PORTFOLIO MONITORING VICE PRESIDENT

PORTFOLIO MONITORING VICE PRESIDENT

Apply remote type Hybrid locations LONDON time type Full time posted on Posted 8 Days Ago time left to apply End Date: April 6, 2025 (1 day left to apply) job requisition id JR00069044

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.

The Portfolio Monitoring (“PM”) team is an integral part of Investment Banking & Finance within BBVA CIB. PM is responsible for working with front office teams to execute loan documentation and monitor the performance of the loan portfolio. Also, PM may provide agency services when BBVA acts as agent on syndicated deals.

PM is involved from the early stages of loan execution but once a loan transaction is booked, PM manages any event relative to the transaction, including among others covenant monitoring, amendments or waivers. The PM team also monitors the loan book for information on a borrower in order to anticipate potential risks and keeps a fluid communication with both front office and risk teams. As a first line of defense for credit quality, PM is also responsible for recommending involvement of the restructuring teams, if the case may be.

For loans where BBVA acts as Agent, PM is integral in working with the borrower to distribute required covenant compliance documents and communicate with the club or banking syndicate. As a participant bank, PM acts as the key contact point with the administrative agent and manages the loan activity post-closing.

About the job:

General responsibilities for the role include, but are not limited to, the following:

• Work closely with risk and front office teams to successfully structure and close loan transactions.
• Proactively manage the loan portfolio, including covenant compliance reporting, amendments and waivers.
• Monitor borrowers for key events that could impact the credit quality of the portfolio.
• Engage with restructuring teams as needed for loans at risk of default.
• Interact with Collateral Agents, Account Agents, Internal / External Legal Counsel, Trustee, Advisors.
• Interface with internal loan operations and funding desks in the closing and management of the loan book.
• Work with Loan Syndicate & Sales teams in the purchase and sale of assets as needed.
• Regularly report loan metrics and performance indicators.

List Major/Essential Job Duties:

• Interact with internal and external parties to ensure successful maintenance of the EMEA & Asia loan book.
• Provide Agency Services function for loan transactions where BBVA acts as lead bank or sole lender.
• Perform first line of defense on credit quality of the loan portfolio including covenant monitoring and early warning indicators.

Skills:

Business Finance, Business Valuations, English Language, Financial Analysis, Financial Contracts, Financial Markets, Project Finance Credit Analysis, Project Finances, Spanish Language, Structured Funding, Sustainable Finance, Syndicated Financing, Wholesale Rating Systems

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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!