Senior Portfolio Manager – Balance Sheet Solutions Unit

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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 121,000 professionals working in multidisciplinary teams with profiles as diverse as financiers, legal experts, data scientists, developers, engineers and designers.

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The Portfolio Management team is a strategic unit within the Finance division, responsible for optimizing the allocation and efficiency of regulatory and economic capital of CIB portfolios. Leveraging advanced risk mitigation instruments such as Significant Risk Transfers (SRTs), Non-Performing Investments (NPIs), and Risk Sharing structures, the team actively manages the bank’s credit portfolio to enhance capital velocity and support sustainable business growth. Operating at the intersection of credit risk, regulatory frameworks, and capital markets, the team collaborates closely with front-office, risk management, and finance functions to design and execute innovative capital solutions that align with evolving market and regulatory requirements.

About the job:

Key Responsibilities:

Portfolio Management & Optimization:

• Analyse funding and capital optimization opportunities for the portfolio, as well as the use of new products or technologies that will positively contribute to the active management of the portfolio.

• Design and execute balance sheet optimization strategies to maximize returns while managing risk exposure.

• Identify underperforming assets and propose actionable solutions for restructuring, divestment, or risk transfer.

Significant Risk Transfer (SRT) Solutions:

• Structure and execute risk transfer transactions, including synthetic securitizations, to mitigate credit risk and optimize regulatory capital.

• Work closely with internal teams (e.g., risk, legal, compliance) to ensure effective implementation of SRT transactions.

• Monitor the effectiveness of risk transfer strategies and provide recommendations for continuous improvement.

Collaboration & Stakeholder Management:

• Partner with coverage teams, product specialists, and credit risk officers to ensure holistic portfolio management strategies.

• Support the development of client solutions that align with balance sheet optimization and regulatory objectives.

• Engage with external counterparties, including rating agencies, investors, and regulators, as required.

Required Qualifications:

• Education: Bachelor’s degree in Finance, Economics, Data Science, Engineering, Physics, Maths, or related field.

• Experience: Minimum of 7 years in corporate banking or a related field, with experience in structured capital optimization solutions.

• Technical Skills:

  • Strong understanding of regulatory capital frameworks and risk transfer methodologies.

  • Proficiency in data analytics tools (e.g., SQL, Python, R, Power BI).

  • Expertise in credit risk assessment and financial modeling.

• Language: Fluent in English; Spanish proficiency is a plus.

Key Competencies:

• Analytical mindset with exceptional problem-solving skills.

• Strong interpersonal and communication abilities to engage effectively with internal and external stakeholders.

• Proactive, detail-oriented, and capable of managing multiple priorities in a dynamic environment.

• Strategic thinker with a focus on innovation and continuous improvement.

Skills:

Customer Targeting, Empathy, Ethics, Innovation, Proactive Thinking