CREDIT PRODUCTS OFFICER I - II
USA - Compass Bank dba BBVA Compass
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 30 countries with over 75 million customers. We are a bank with over 126,000 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 organisation 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, prioritising 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 think big.
- We are one team.
Primary responsibilities are to structure credit to market (asset quality and competitiveness balanced), developing financial models and projections for term debt and transactions, negotiating credit (with Client Manager and/or Credit Products Officer involved as needed), underwriting credit, gaining credit approval, etc. The Assistant Credit Products Officer will assist with credit activities associated with Commercial Banking (Large Middle Market and C&I) relationships with aggregate debt exposure greater than $15MM. These relationships involve complex, syndicated, and highly valued credits.
Structure credit to market (asset quality and competitiveness balanced). Conduct financial modeling (projections for term debt and transactions).
Underwrite credit (new/renewals/modifications).Gain credit approval (with Client Manager or Relationship Manager as sponsor).
Complete due diligence. Negotiate credit (with Client Manager or Relationship Manager involved as needed). Reviewing closing documents and ensuring proper booking of transactions.
Monitor financial statements, borrowing base, covenant compliance, exception management overdrafts and ACH approvals. Contribute to client planning sessions.
Work with Client Managers or Relationship Managers to structure idea pitches. With Client Manager or Relationship Manager, perform relationship reviews to determine appropriateness and competitiveness of credit package.
Bachelor's Degree (BA, BS, etc.) in Business, Management, Accounting, Finance, or a related field required with Two (2) years of account relationship management experience. Work experience may substitute for education requirement.
Required: None required
Preferred: None preferred
Note: This job has multiple levels (i.e. I, II, III, etc.). The posted job description includes the qualifications associated with the entry level position. If hired, you may be placed at a level above the entry level position. The level of placement will be based on experience, education and skills.
The key responsibilities of the Credit Products Officer I involve
underwriting and ongoing periodic monitoring of credits to companies within the
Middle Market, Mid-Corporate and Restaurant Finance lines of business. The main
objective is to ensure that the credit risk assumed by the Bank complies with
BBVA Compass Credit Policies and Procedures which govern the Bank’s risk
CPOs are primarily industry generalists focused on assisting the respective
lines of business who are tasked with developing the Bank’s portfolio of loans
that meet the specific structure and criteria within these lines of business.
In addition to underwriting and providing portfolio management coverage on
participations mostly to broadly syndicated facilities, coverage also may
include those directly originated by the Bank for bilateral, club and
syndicated facilities whereby the Bank serves as lead agent.
The ideal candidate will have the following preferred qualifications:
- Bachelor's Degree (BA, BS, etc.) in a business related field with
emphasis in management, accounting or finance is required with at least six (6)
hours of accounting.
- Requires a minimum of one and a half (1 1/2) years of
underwriting or credit analysis experience.
Note: Required to meet credit history and criminal background requirements associated with Nationwide Mortgage Licensing System and Registry registration process, to include FBI fingerprint criminal history report and review of credit report
Note: Must meet credit history and criminal background requirements associated with Financial Industry Regulatory Authority registration process, to include FBI fingerprint criminal history, review of credit report, civil litigation, liens, and other public records
At BBVA, we are proud to be a company that prioritizes diversity, inclusion and equal opportunities, regardless of the race, age, gender, ethnicity, disability, religion or sexual orientation of our employees and collaborators. Corporate responsibility
is an essential component of our business model, as we promote financial education and support research and culture.
Being part of BBVA means developing your career in the company that is leading the transformation of the financial sector.
Pay Transparency Policy Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).
Individuals with Disabilities
BBVA Compass, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: email@example.com or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.
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BBVA Compass, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA Compass, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.