Summary of Responsibilities:
An Energy Corporate & Investment Banking Analyst is a member of a client-facing team within BBVA’s Corporate and Investment Bank (“CIB”). An Analyst’s primary responsibility is to support Relationship Managers in the Energy Team in developing, marketing, and delivering the bank’s wide range of banking products and services to U.S. corporate clients and prospects as part of BBVA’s global sector strategy.
The Analyst will coordinate closely with his team’s Senior Bankers in the U.S., engage with sector relationship managers in Europe and Latin America, as well as with global sector product partners to manage all aspects of transactions, including proposal preparation and liaising with Risk, Compliance, Legal, Portfolio Management, Operations and Finance teams.
Minimum one year prior Credit Analysis experience required (covering U.S. corporates)
List Major/Essential Job Duties:
Credit and Financial Analysis
- Assist in preparing credit analyses for new and existing Energy sector clients & prospects with a focus on Oil & Gas, Utilities and Renewables subsectors.
- Build and modify financial models.
- Conduct detailed financial analysis for onboarding new clients.
- Prepare comparative analytics for peer group companies
- Take responsibility for client onboarding and KYC processes, periodic reviews, etc.
Marketing and Deal Execution
- Identify and understand client needs, promptly responding to all client requests.
- Coordinate transaction closings, including management of all documentation and follow-up.
- Support the preparation for client meetings, including presentation materials, background information and call plans.
- Research and evaluate potential new client relationships.
Risk/reward Analysis and Decisions
- Prepare transaction summaries and Risk-Adjusted-Return analysis for presentation to Credit Committee, including financial metrics such as pro-forma financial statements and cash flow projections, risk and mitigants, SWOT analysis, etc.
- Analyze global relationships, gathering credit facility and revenue data from BBVA subsidiaries, especially those in Latin America.
- Participate in Credit Committees jointly with Relationship Managers.
Internal Coordination and Problem Solving
- Conduct joint business planning sessions with Product teams including Debt Capital Markets, Corporate Lending and Loan Syndicate, Foreign Exchange, Rates, Trade Finance, Cash management, etc.
- Coordinate internal procedures with the Risk, Compliance, Operations and Legal departments.
- Resolve any financial, administrative and operational issues by working closely with Operations, Middle Office and Business Development.
Information Management and Reporting
- Perform research and summarize opinions of major equity analysts on products, industries, countries, and economic forecasts.
- Ensure integrity of domestic/global profitability information gathering for internal team reporting.
- Maintain the Customer Relationship Management system for pipeline and profitability reporting.
Level of Complexity and Risk Involved:
- The Analyst position requires a high level of engagement and responsibility. Analysts are increasingly responsible for substantial amount of in-depth analysis and research and play a crucial role on deal execution and interaction with clients.
- Analysts will be learning BBVA’s banking products & services, as well as how they fit with sector client needs on a transactional basis, over time, through guidance from their seniors on the team, interaction with their product peers, as well as deal execution
- Analysts will also gain a deep understanding of the global Oil & Gas, Utilities and Renewables industry sub-sectors
Scope of Duties:
Analysts play a critical and indispensable role as members of the Energy Banking team. Analysts support Global Relationship Managers in all day-to-day tasks from client and industry analysis to working on live transactions and deal execution. Analysts are also expected and encouraged to interact daily with their peers on BBVA’s product teams to enhance their knowledge, internal communications and accomplish deliverables.
Additional expectations within the scope of the Analyst role:
- Ability to interact and communicate effectible with internal and external clients.
- Good knowledge of finance and accounting.
- Ability to meet deadlines and prepare client presentations on time and with minimum errors (high attention to detail).
- Successful interaction with the various product groups and colleagues.
- Ability to work under pressure.
- Interest in developing solid knowledge of banking products and services.
- Strong work ethic and high degree of proactiveness.
Skills, knowledge, and abilities/Competencies:
Technical Skills:
- Bachelor’s degree with 1 year minimum of work experience
- Fluency in English, fluency in Spanish a plus
- Strong analytical and financial modeling skills
- Advanced computer skills, particularly in Excel and PowerPoint; Reuters and Bloomberg a plus
- Understanding of international economics and markets
- Credit Training a plus
- SIE, Series 7 Top-Off, and Series 63 required (or willing to obtain within 6 months)
Performance Skills:
- Excellent communication skills; ability to coordinate with people across different departments and regions (Clients, Product Specialists, Credit team, FIG, and local relationship managers)
- Ability to work under pressure
- Strong attention to detail
- Strong interpersonal and teamwork skills
Management Responsibilities:
Analysts work with and report to various senior bankers. Each Analyst is typically responsible for a set number of client accounts within various industry sector(s).
Analysts are expected to learn the dynamics of the industries they cover and to take ownership of their accounts and will be involved in identifying and following up on opportunities with their portfolio of clients.
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 $90,000 to $100,000. 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
