Overview
Within CIB USA Finance, the Asset Liability Management (ALM) department is responsible for liquidity management, as well as the Treasury function for both BBVA New York Branch and BBVA Securities Inc. The ALM team oversees the ALCO governance framework for both entities and coordinates closely with Risk, Finance Holding, and other stakeholders to ensure robust liquidity monitoring, funding strategy execution, and balance sheet optimization. This Senior Vice President role sits within the ALM department and is a senior individual contributor position with no direct reports. The role is responsible for leading critical liquidity management initiatives across BBVA NY Branch and BBVA Securities Inc., while acting as a key strategic partner across Finance, Risk, Treasury, and business lines.
Key Responsibilities
- Work in the daily liquidity management and interest rate risk oversight for BBVA NY Branch and BBVA Securities Inc., ensuring alignment with internal risk appetite and regulatory expectations.
- Own and enhance the production of daily, monthly, and annual cash flow projections, liquidity metrics, and management reporting
- Drive improvements in cash flow forecasting methodologies, particularly for the broker-dealer, incorporating advanced analytics and scenario analysis.
- Partner closely with the Risk function to ensure compliance with risk limits and co-develop enhancements to Interest Rate Risk (IRR) models.
- Provide strategic input into ALM and Treasury decisions, including funding strategies, balance sheet optimization, and liquidity positioning
- Play a key role in the management and optimization of funding programs, including Yankee CDs and U.S. Commercial Paper.
- Develop deep expertise in balance sheet dynamics across both the bank and broker-dealer entities, identifying risks and opportunities.
- Engage with market participants (investors, brokers, dealers) to support funding initiatives and gather market intelligence.
- Lead initiatives to automate, streamline, and enhance ALM processes, leveraging data and technology solutions.
- Prepare and deliver high-quality analysis and actionable insights to senior management and ALCO committees.
Experience & Skills
- Extensive experience in Asset Liability Management, Treasury, Liquidity Risk, or Interest Rate Risk within a banking or financial institution, +10 years.
- Strong expertise in balance sheet management, liquidity risk frameworks.
- Solid understanding of global markets products and their impact on liquidity and interest rate risk.
- Demonstrated ability to independently manage complex quantitative analyses and deliver strategic insights.
- Proven track record of driving process improvements, efficiencies, and automation initiatives.
- High level of ownership, attention to detail, and commitment to delivering high-quality output.
- Ability to operate as a senior individual contributor in a fast-paced, collaborative environment.
Technical Skills (Preferred)
- Advanced experience with ALM / IRRBB concepts and systems such as ALQUID, QRM, Bancware, Murex, or similar platforms.
- Strong familiarity with Bloomberg, STAR, and MIDAS systems.
- Proficiency in Python, R, or SQL for data analysis, modeling, and automation
- Advanced Excel skills, including financial modeling and large dataset manipulation.
Education
- Bachelor’s or Master’s degree in Mathematics, Engineering, Economics, Finance, or a related quantitative discipline.
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 $180,000 to $200,000. 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 position
