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Real Estate Finance Vice President

BBVA
5 days ago
Full-time
On-site
New York, United States
$190,000 - $220,000 USD yearly

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

About the job:

Summary of Responsibilities:

The VP will be part of the team responsible for the origination, structuring, and execution of secured Real Estate and Data Center Finance transactions for BBVA’s U.S. client base, including REITs, developers, financial sponsors, and asset managers. Analysis of trends and market conditions in the Real Estate and Data Center Finance markets across the U.S. and preparation of internal and external market updates. Assist in the preparation of marketing material and proposals for existing and prospective clients. Manage the deal analysis and approval process of loan requests and renewals, including the underwriting process, loan booking, and loan monitoring.

Essential Job Duties:

  • Experience with managing transactions from origination to closing. Experience and/or interest with hyperscale data center finance is important.
  • Credit Underwriting, Due Diligence, and Financial Analysis of real estate finance opportunities in a variety of asset classes, as well as hyperscale data center project financing.
  • Preparation of marketing materials for client pitches and idea generation
  • Analyze market trends and identify opportunities for the expansion of the commercial real estate loan portfolio.
  • Managing the diligence process from a technical and legal standpoint and the structuring process through deal closing
  • Manage the credit approval process, presenting comprehensive credit proposals to relevant stakeholders.
  • Stay informed about industry developments, economic trends, and competitive landscape to make informed decisions.
  • Portfolio management and information reporting on in-process transactions and closed deals, including interaction with finance on fee recognition

Level of Complexity and Risk Involved:

Moderately complex responsibilities, with a critical component being the coordination and interaction with other client and product groups within the bank, including support areas (Risk, Legal, Compliance, etc.) Strong understanding of underwriting and risk analysis of secured real estate transactions.

Scope of Duties:

  • Interaction with other teams within the BBVA Group, especially the risk and legal teams
  • Transaction underwriting, loan closing, and monitoring
  • Maintenance of internal reports and their distribution to the appropriate areas.
  • Oral and written presentations for client marketing and internal purposes.
  • Client meeting participation and follow-up
  • Preparation and monitoring of the loan closing process
  • Identification and use of research and tools
  • Participation in due diligence and legal meetings
  • Coordinate the workflow of the analyst(s) dedicated to the team

Skills, knowledge, and abilities/Competencies:

  • Degree in Economics, Accounting, Finance or related field
  • 5+ years of experience working in corporate and/or investment banking related to Real Estate Finance and/or experience in firms related to real estate finance, including experience in real estate credit analysis and transaction underwriting
  • Formal credit training a strong plus
  • Fluent in English a must, Spanish a strong plus
  • Excellent communication and presentation skills
  • Ability to work in a team environment and under tight deadlines
  • Strong understanding of financial statement analysis, financial modeling and DCF analysis
  • Proficient in ALL Microsoft Office Tools
  • Strong Excel and PowerPoint proficiency is necessary, Bloomberg a plus

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 $190,000 to $220,000. 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 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 considered. In 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 contractor's 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: disabilityaccessjobs.us@bbva.com or by calling toll-free (in the U.S.) 1-844-664-9275. 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.