Summary of Responsibilities: The Associate will support a global and local advisory team that opines on the capital structure, debt capacity, credit ratings, liquidity and number of other strategic topics across corporate finance.
The analysis is conducted via a variety of technical tools and models developed internally by the team. Examples of specific analysis include M&A capacity, shareholder returns, indicative credit ratings, cost of capital, and product agnostic advisory regarding various debt and equity solutions.
The Associate will support senior members of the team by taking ownership of financial models and other analysis, and preparing end-to-end client pitch materials in which the analytical conclusions are provided. Projects routinely entail a level of collaboration with other products, including corporate lending and debt capital markets.
Requisite knowledge base includes: cash flow modelling, rating agency methodologies (across sectors in the corporates domain), solid accounting and corporate finance fundamentals.
List Major/Essential Job Duties:
- Manipulation of financial models to project financial statements and key credit metrics
- Preparation of various marketing materials for client pitches
- Maintenance and improvement of analytical tools and templates
Level of Complexity and Risk Involved: Moderately complex responsibilities, with a critical component being the financial modeling and preparation of client pitch books – both are iterative processes that require a high attention to detail.
Scope of Duties:
- Understanding and development of financial modeling tools, financial statement analysis and general credit analysis
- Identification and synthesis of industry research
- Oral and written presentations for client marketing and internal purposes
- Interaction with other teams within the BBVA Group
- Data management
- Client meeting participation when practical
Skills, knowledge, and abilities/Competencies:
- Degree in Economics, Accounting, Finance, Math, Engineering, or related field
- Comfort with accounting and financial statements
- Previous experience with financial models is a plus
- A high attention to detail
- Excellent communication and presentation skills
- Strong organizational skills to manage tight deadlines and complex projects
- Ability to work in a team environment and be flexible in terms of responsibilities
- Advanced Excel (e.g. ability to rapidly audit, understand and edit Excel formulas such as IF statements), and PowerPoint (e.g. ability to rapidly create, update and format slides containing charts and tables, in an error-free and highly polished manner)
Management Responsibilities: While no direct reports, the Associate will constructively work with Analysts to develop their technical base and provide a layer of quality control.
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 $120,000 to $140,000. 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