At a Glance
- Tasks: Lead non-financial risk initiatives and collaborate with diverse teams to enhance governance.
- Company: BBVA, a global leader in banking with over 160 years of experience.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Work in London with a focus on innovation and proactive problem-solving.
- Why this job: Join a diverse team and make a real impact in risk management.
- Qualifications: 5+ years in non-financial risk or related fields; strong communication and leadership skills.
The predicted salary is between 63000 - 77000 £ per year.
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.
The selected person will report to the Head of NFR in the UK. Based in London, the selected person will play a key role in the implementation and ongoing management of the local NFR function across the UK business perimeter. The position will be responsible for key initiatives and its execution, and will work closely with local business and support areas, as well as with global NFR teams.
The role will work with the 1st and 3rd Lines of Defense to:
- Governance Implementation and Adaptation: Lead the implementation and local adaptation of BBVA's global Non-Financial Risk (NFR) governance framework in the UK, ensuring consistency with Group standards and local regulatory expectations.
- Risk Assessment: Lead the coordination and challenge of the Risk and Control Self-Assessments (RCSAs), and local top-down risk assessments, incorporating emerging risks, supervisor concerns, business developments, and local priorities.
- Control Agenda Development: Build and coordinate the UK control agenda to address prioritized risk assessment results in collaboration with senior management and business/support units, following up on remediation plans and key control initiatives.
- Risk Appetite and Control Frameworks: Define, monitor, and elevate relevant NFR metrics and risk appetite indicators for the UK perimeter, ensuring appropriate reporting and discussion in the relevant governance forums.
- Support for New Business and Growth: Support the non-financial risk admission processes for new products, transactions, and business initiatives in the UK, ensuring alignment with BBVA's frameworks and early identification of key risks and controls.
- Cross-Functional Collaboration: Support and challenge Risk Control Assurers (RCAs) in the first line of defense (1LoD), coordinate with Compliance and other second-line functions, and collaborate with Internal Audit (3LoD) to strengthen the local control environment.
In addition, the role will provide support, when required, to the RIC&C Coordination team on selected strategic Group NFR initiatives, governance activities, and reporting matters, most of them connected with the UK perimeter.
Requirements for this position include:
- Education: Academic background in Business Administration, Economics, Law, Engineering, Sciences, or a related field. A master's degree or certifications related to financial markets, banking, risk, compliance, audit, and/or internal control will be considered an asset.
- Professional Experience and Knowledge: 5+ years of relevant experience in non-financial risk, internal control, audit, compliance, and/or risk management functions within Corporate Banking, Investment Banking, or Capital Markets. Experience coordinating complex initiatives and engaging with senior stakeholders, with the ability to combine strategic oversight and hands-on execution. Familiarity with the Internal Control Model and Non-Financial Risk Management in complex, regulated environments, ideally within banking or financial services, as well as knowledge of the UK regulatory and business environment. Knowledge of Non-Financial Risk management frameworks and methodologies. Familiarity with BBVA’s MiGRO framework, or experience with comparable risk management frameworks in other financial institutions, would be advantageous.
- Competencies and Skills: Proactive and innovative mindset with the ability to identify improvements, propose solutions, and assume new challenges. Strong interpersonal and communication skills, with the ability to influence and work effectively with management, peers, and multidisciplinary teams. Leadership, autonomy, and adaptability to different cultures, tasks, and projects. Strong focus on execution and problem-solving, with sound judgment, organizational skills, and attention to detail.
- Languages: English: C1 level (minimum). Spanish: Fluent.
Please note that priority will be given to candidates who are eligible to work in the UK.
Non-Financial Risks Specialist employer: BBVA
BBVA is an exceptional employer that fosters a dynamic and inclusive work culture, offering its employees the opportunity to thrive in a leading European bank. With a strong emphasis on professional development, employees can expect robust growth opportunities while working alongside experienced professionals in a collaborative environment. Located in a vibrant financial hub, BBVA provides unique advantages such as access to cutting-edge resources and a commitment to innovation in the banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Non-Financial Risks Specialist
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like BBVA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Non-Financial Risks Specialist
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BBVA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on BBVA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at BBVA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BBVA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at BBVA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former BBVA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
