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BBVA is a global company with more than 160 years of history that operates in more than 25 countries where we serve more than 80 million customers. We are more than 121000 professionals working in multidisciplinary teams with profiles as diverse as financiers legal experts data scientists developers engineers and designers.

About the job:

Overview

BBVA () is a customer-centric global financial services group founded in 1857 with an important investment transactional and capital markets banking business in the U.S. The BBVA Group maintains a strong leadership position in the Spanish market the largest financial institution in Mexico and leading franchises in South America. It is also the leading shareholder in Turkeys Garanti BBVA.

BBVAs Corporate & Investment Banking (CIB) business in the U.S. includes a New York-based broker-dealer and a U.S. branch of our parent company BBVA S.A. (Spain) through which we conduct Global Markets Global Transactional Banking and Investment Banking & Finance activities for U.S. and international corporate clients and institutional investors.

AsTax Counsel Executive Director (Tax Attorney)for the CIB business you will be responsible for overseeing all U.S. tax-related activities and strategies working in close coordination with colleagues based in New York Madrid and across BBVAs global footprint.

The successful candidate will perform tax research review financial transactions respond to tax-related inquiries from the business and corporate units present updates to senior management and provide tax counsel working together with other colleagues at the tax department and various internal and external stakeholders to ensure compliance with U.S. tax law adequate risk control and effective tax planning.

Primary duties

• Answer tax related questions and provide day-to-day tax advisory support to CIB business units both in the New York office and globally (including teams in Europe Asia and Latin America).
• Review and negotiate tax provisions in credit facilities ISDA Master Agreements (including 871(m) implications) CSAs GMSLAs GMRAs and other relevant banking documentation.
• Evaluate the tax implications of CIB products and business initiatives particularly in the Global Markets and Broker Dealer fields including but not limited to: fixed income products (bonds notes repos) equity derivatives (options futures swaps) structured products securitization and cross-border financial instruments to ensure compliance with U.S. federal state and local tax laws and regulations.
• Help in managing all aspects of the Withholding and Investment Tax Reporting process including supporting the preparation process for Forms 1099 and 1042-S payee statements as well as Form 1042 Annual Withholding Tax Return for U.S. Source Income of Foreign Persons assist with FATCA compliance respond to requests regarding Forms W-9 and W-8 as applicable etc.
• Assistance in trade finance / supply chain finance and other global transactional business initiatives
• Participate in internal and external working groups on tax matters impacting BBVAs CIB operations and represent BBVA in industry advocacy groups related to CIB tax issues.

Additional responsibilities

• Monitor changes in tax laws regulations rulings and procedures to assess their impact and identify opportunities for the business.
• Coordinate with external tax counsel accounting firms and internal stakeholders to ensure effective tax planning compliance and risk control.
• Support in IRS audits and other regulatory inquiries.
• Contribute to the development and implementation of internal controls and processes to ensure accurate and timely tax reporting and effective risk mitigation.
• Assist in developing updating and maintaining Policies & Procedures manuals for the CIB business and ensure adherence to established protocols.
• Assist in the preparation or review of tax filings related to the CIB business and maintain appropriate regulatory tax reporting policies and procedures.

Qualifications

• A JD from a top-tier law school.
• 8-10 years of relevant tax experience at a leading law firm or as in-house counsel at a financial institution / broker-dealer
• Strong expertise in U.S. federal and state tax laws with demonstrated experience in international tax financial instruments trading and derivatives taxation rules.
• Solid understanding of standard CIB agreements with experience drafting and negotiating tax provisions in financial contracts.
• Experience with advising on or implementing US tax information reporting and withholding obligations

Desired skills

• Excellent analytical and problem-solving capabilities with a demonstrated ability to interpret complex tax regulations.
• Strong communication and interpersonal skills to effectively convey tax concepts to non-tax professionals.
• Self-motivated and able to work independently while maintaining sound judgment and knowing when to escalate issues.
• Collaborative team player with high integrity and a strong work ethic.
• Demonstrated ability to follow through on commitments in a timely and effective manner.

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 Houston Office the expected base salary ranges from $165000 to $190000. 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 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

Legal requirements

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 addition to salary and a generous employee benefits package successful candidates are eligible to receive a discretionary bonus.

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 contractors legal duty to furnish information (41 C.F.R. 60-1.35 (c)).

Individuals with Disabilities

BBVA USA 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: or by calling toll-free (in the U.S.) 1-. Please indicate the specific type of assistance needed*.

*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes such as following up on an application or non-disability related or technical issues will not receive a response.

EEO Statement

BBVA USA 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 USA BBVA Securities Inc. and BBVA NY are equal opportunity and affirmative action employer.