BBVA is a global banking and financial services group working to modernize how people and businesses manage money. Its activities span corporate and investment banking, fintech, and digital banking, serving 71.5 million customers through technology-enabled financial solutions. With more than 121,000 employees, BBVA brings together expertise across banking, consulting, and marketing in a collaborative environment focused on innovation, digital transformation, and professional excellence.
Credit Risk Associate, Financial Institutions – BBVA, London Hybrid
BBVA is hiring a Credit Risk Associate in London to evaluate banks and other financial institutions. The role covers ratings, exposure limits, risk appetite, committee proposals, and AI initiatives within credit risk management.
Description
- Evaluate the credit risk of financial institutions, with a primary focus on banks.
- Review financial statements and core credit factors, including profitability, asset quality, capital, funding, and liquidity.
- Analyze industry, country, regulatory, and market conditions affecting counterparties.
- Develop risk proposals and establish product limits and maximum risk appetite.
- Condense proposals in the Financial Program and present them to the appropriate Risk Committees.
- Review individual credit profiles and calculate internal ratings.
- Set suitable risk appetite levels across products and exposure categories.
- Evaluate products and transactions that create exposure to financial institution counterparties.
- Engage with Business teams on risk requirements, proposed transactions, and limits before committee review.
- Coordinate with GRM colleagues across regions and with local credit risk teams.
- Contribute to cross-functional and multidisciplinary initiatives.
- Support the development and rollout of internal rating models and AI capabilities within GRM processes.
Requirements
- At least three years of relevant experience in credit risk, counterparty risk, or a closely related role at a leading financial institution.
- Professional experience analyzing banks or other financial institutions, including insurers, funds, or regulated financial entities.
- Strong expertise in accounting and financial analysis.
- Ability to assess financial institution statements, profitability, asset quality, capital, funding, liquidity, and overall creditworthiness.
- Solid understanding of financial products and their credit and settlement risks.
- Ability to translate products and transactions into counterparty exposures, limits, and risk appetite.
- Strong analytical judgment, with the ability to turn detailed financial, sector, and product analysis into clear credit conclusions and recommendations.
- Effective communication skills for working with Business and Risk stakeholders across products and regions.
- University degree in business administration, finance, economics, or a related discipline.
- Advanced English proficiency at a minimum C1 level.
- Advanced Excel and PowerPoint skills.
- Familiarity with financial data platforms such as Capital IQ Pro is valued.
- Experience with AI tools and an interest in applying them to credit risk processes are valued.
- Priority is given to candidates eligible to work in the United Kingdom.
Benefits
- Hybrid working arrangement.
- International, multidisciplinary workplace.
- Participation in cross-functional and multidisciplinary projects.
- Opportunity to help develop internal rating models and AI initiatives.
- Additional languages at B2 level or above are viewed positively.
- International academic experience or studies completed in English are viewed positively.