BBVA Compass Risk Specialist III or Sr or Assoc Risk Officer I in birmingham, Alabama

Overview

At BBVA, we are working to make banking better for everyone. That is where you come in. We are looking for smart, team oriented people who want to be part of a first-class workforce that gives people the tools they need to meet their financial goals, all while delivering an outstanding client experience. Learn more below.

Responsibilities

The Structural Risk Department is responsible for measuring and monitoring Liquidity and Interest Rate Risk. Liquidity risk is the risk that an institution’s financial condition or overall safety and soundness is adversely affected by an inability (or perceived inability) to meet its obligations. Interest Rate Risk measures the exposure of a bank's financial condition to adverse movements in interest rates.

In addition to continually adding responsibilities, the group is currently expanding the scope and depth of these current roles.

The Analyst will be primarily responsible for methodologies and inputs related to interest rate risk analysis (IRR). Also, the analyst will prepare different reports for local, parent company and regulators.

Primary Duties and Responsibilities:

Primary responsibilities for this position include developing and improving the following areas related to interest rate risk:

  1. Provide advanced level of data analysis and support related to Interest Rate Risk, ensuring data integrity and data quality.

  2. Prepare data inputs, assumptions and calculate Interest rate measurements in different ALM tools.

  3. Participate in projects with Head Office and other internal departments.

  4. Interact with the Treasury Department to discuss metrics and exchange information related to Interest Rate Risk.

  5. Prepare different reports for local and European regulators related to IRRBB

  6. Provide ad-hoc analysis and presentations related to interest rate risk.

  7. Work in the development, improvement and validation of input assumption models with the Model Validation and Model Governance departments.

Qualifications

  • Bachelor’s degree in Mathematics, Finance, Business or related field required; master’s degree preferred.

  • 2 years’ experience preferred in financial industry with knowledge of financial products and accounting.

  • ALM software (BancWare/QRM) experience preferred.

  • Expert computer skills, including experience programming in Visual Basic and/or other computer languages, excellent command with Microsoft Excel and Access; experience with SQL is a plus.

  • Must be able to multi-task and demonstrate strong analytical/problem-solving skills.

  • Must be a quick learner, self-motivated, work with minimal supervision, have the ability to influence others and be a team player.

  • Must be comfortable learning to work with new financial software systems and databases.

  • Spanish language skill a plus.

Job ID 2018-116314

Site Name AL-BIRMINGHAM-CORPORATE HEADQUARTERS

Category CORPORATE RISK

Work Location US-AL-BIRMINGHAM

FLSA Status EXEMPT

Type FULL TIME

EOE Statement Equal Opportunity Employer - Minority/Female/Disability/Veterans.