Executive Director – Collateral Critical Review Lead

Madrid - Spain

Monthly Salary: Not Disclosed

Posted on: 20 hours ago

Vacancies: 1 Vacancy

Job Summary

Excited to grow your career

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.

Learn more about the area:

The role is part of the CIB Admission Risk team for Spain and Portugal responsible for the risk assessment and management of a portfolio comprising leading corporate clients across both geographies.

The team oversees a diversified portfolio that includes top-tier corporates in Spain and Portugal as well as Specialised Lending exposures with a particular focus on Commercial Real Estate (CRE) and Leveraged Lending portfolios.

The unit plays a critical role in the credit admission process ensuring sound risk analysis robust decision-making and alignment with internal risk frameworks and regulatory standards.

About the job:

We are seeking a highly experienced professional to join as Executive Director responsible for leading the end-to-end critical review of collateral processes in line with CRR3 regulatory requirements.

The role will be accountable for the technical oversight governance and execution of the collateral critical review framework ensuring robustness consistency and regulatory compliance across the organization.

Key Responsibilities:

Lead the Critical Review of Collateral process as required under CRR3 ensuring full alignment with regulatory expectations and internal standards.
Provide technical sign-off (sanction) on collateral methodologies eligibility and valuation approaches.
Oversee and monitor the correct implementation and usage of collateral within the IFRS engine ensuring accuracy in risk and accounting outputs.
Ensure proper tracking monitoring and governance of collateral across portfolios including ongoing validation and performance assessment.
Coordinate and supervise collateral treatment across different frameworks including ECO methodologies RICs and other validation approaches.
Establish and maintain strong controls over the collateralized asset portfolio ensuring data quality consistency and traceability.
Act as a key point of contact for internal stakeholders (Risk Finance Regulatory teams) and external regulators where required.
Drive continuous improvement initiatives in collateral management review processes and regulatory compliance frameworks.

Requirements:

Bachelors or Masters degree in Finance Economics Mathematics or related field.
15 years experience in collateral management with strong exposure to CRR/CRR3 regulatory frameworks.
Deep knowledge of collateral management credit risk mitigation techniques and valuation/eligibility criteria.
Strong understanding of IFRS frameworks and their interaction with risk systems.
Experience with ECO methodologies RICs and validation frameworks is highly desirable.
Proven experience leading complex processes or teams in financial institutions.
Strong analytical and problem-solving capabilities.
Excellent stakeholder management and communication skills.
Fluency in English (required).

Skills:

Customer Targeting Empathy Ethics Innovation Proactive Thinking Regulatory Frameworks

Required Experience:

Director

Excited to grow your careerBBVA 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...