Portfolio Monitoring Senior Analyst – Spark

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The Portfolio Monitoring unit is part of the Investment Banking & Finance (IB&F) area within BBVA Group's Corporate & Investment Banking (C&IB) division. The team is responsible for managing the portfolio of bilateral and syndicated transactions originated by IB&F, including Project Finance, Real Estate Finance, Leveraged Lending, Corporate Loans, and Structured Trade Finance transactions across Iberia, the rest of EMEA, Latin America, and the United States.

Portfolio Monitoring is involved from the early stages of transaction structuring and remains engaged throughout the entire lifecycle of each deal. Following signing, the team independently manages all transaction-related events, including amendments, waivers, consents, and other post-closing matters, until full repayment. The unit also performs agency functions for syndicated transactions.

In addition, the team is responsible for reviewing Probability of Default (PD) and Loss Given Default (LGD) assessments for Project Finance transactions and for recommending the transfer of transactions to the restructuring team when appropriate. This reflects a proactive and forward-looking approach to portfolio monitoring and risk management.

Through its extensive agency mandates in syndicated transactions, the team maintains direct and close relationships with clients, lenders, and other key stakeholders, ensuring effective coordination and execution throughout the life of each transaction.

The successful candidate will be responsible for the management, monitoring, and ongoing administration of a portfolio of loans from the Spark unit of the entity. Over time, the scope of responsibilities may expand to include Project Finance, Leveraged Finance, Real Estate and /or Structured Trade Finance transactions.

Key responsibilities include:

• Supporting Origination and Structuring teams during the pre-closing phase of transactions, ensuring a smooth handover to portfolio management.
• Coordinating with all relevant internal stakeholders, including Origination, Relationship Management, Risk, Legal, Operations, and other support functions, through regular transfer and follow-up meetings.
• Independently managing lenders' requests and post-closing events, including amendments, waivers, consents, and restructurings, liaising with clients, lending syndicates, Risk, internal and external legal counsel, and other BBVA units (BEC, BIBEC, Global Client Coverage, Financial Sponsors, Recovery, CIB Workout, among others).
• Monitoring compliance with financial covenants, guarantees, security packages, and other contractual obligations through the relevant internal systems, ensuring the timely updating and maintenance of all monitoring tools and databases.
• Maintaining close relationships with Agent Banks, borrowers, sponsors, and other key stakeholders throughout the life of each transaction.
• Managing incoming and outgoing transaction documentation, particularly in syndicated facilities where BBVA acts as Agent Bank, using the appropriate communication and documentation platforms.
• Overseeing the portfolio from an asset management perspective, applying a sector-focused approach to identify business opportunities and anticipate potential credit, performance, or insolvency risks.
• Contributing to the optimization of risk-adjusted profitability metrics and the efficient use of regulatory capital.
• Supporting the continuous enhancement and development of the department's technological and reporting infrastructure.
• Proactively identifying emerging risks, sector trends, or transaction-specific issues, and proposing mitigation measures or action plans in coordination with the relevant business and risk teams.
• Ensuring the accuracy, completeness, and timely updating of portfolio information across all internal management and monitoring systems.

• The portfolio will primarily consist of Spark transactions involving clients based in Spain and Portugal.

Client Orientation, Empathy, Ethics, Innovation, Proactive Thinking