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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 AML Compliance team within CIB is responsible for ensuring that Corporate and Investment Banking activities are conducted in accordance with applicable Anti-Money Laundering (AML/CFT) and international sanctions regulations. The team provides advisory support to business units, oversees AML and sanctions risks associated with CIB products and clients, and contributes to the design and implementation of robust compliance frameworks. It also supports Correspondent Banking activities through enhanced due diligence, client onboarding and periodic review processes, while working closely with business, risk and control functions to promote effective financial crime risk management and regulatory compliance.
About the job:
The CIB Compliance team is seeking a Principal Manager to strengthen the AML Compliance function within CIB Spain.
The main tasks will be:
Provide AML and Compliance advisory support to CIB business units, ensuring regulatory compliance in the development of their activities and initiatives.
Participating in projects to develop new processes or adapt existing ones that mitigate Compliance, Conduct Risk and AML/CFT risks.
Addressing and responding to supervisor requirements, as well as both external and internal audits.
Advising CIB Spain business areas on Compliance matters, particularly AML/CFT, international sanctions and Correspondent Banking activities.
Monitoring and providing advice to the FCP CIB department, regarding AML monitoring and Sanctions screening processes
Participating in the validation of onboarding and periodic review processes for Correspondent Banking relationships and CIB clients. Knowledge of Fenergo will be considered an asset. (knowledge of Fenergo tool will be valued).
Qualifications
University degree in Law, Business Administration, or a related field.
At least 10 years of professional experience in the financial sector, with a minimum of 5–6 years in the specific duties to be performed.
Knowledge of EU AML Package, AMLA framework, MiCA Regulation, Transfer of Funds Regulation (Travel Rule), FATF Recommendations and international sanctions regimes -Experience performing AML/Financial Crime Risk Assessments.
Fluent command of English and Spanish (essential requirement).
Knowledge of CIB activities and businesses will be valued, as well as an understanding of how its main operations (global markets, investment banking and financing, and global transactional banking) can lead to money laundering risks and international financial sanctions.
Knowledge of international financial sanctions (OFAC, EU, UK) will be valued -Ability to work with multidisciplinary stakeholders.
Ability to offer effective solutions under tight deadlines and in a highly demanding business environment.
Excellent management, communication, and teamwork skills.
High capacity for self-organization, proactivity, and autonomy in daily work.
Skills:
AML Monitoring, AML Policies, Anti-Money Laundering Compliance, Correspondent Banking, Enhanced Due Diligence, International Sanctions, Regulatory Compliance, TeamworkSkills Required
- University degree in Law, Business Administration, or related field.
- At least 10 years professional experience in the financial sector, with 5-6 years in relevant AML/compliance duties.
- Knowledge of EU AML Package, AMLA framework, MiCA, Transfer of Funds Regulation (Travel Rule), FATF Recommendations, and international sanctions regimes.
- Experience performing AML/Financial Crime Risk Assessments.
- Fluent English and Spanish.
- Knowledge of CIB activities (global markets, investment banking, global transactional banking).
- Knowledge of international financial sanctions (OFAC, EU, UK).
- Knowledge of Fenergo (tool experience considered an asset).
- Ability to work with multidisciplinary stakeholders and provide solutions under tight deadlines.
- Excellent management, communication, teamwork, self-organization, proactivity, and autonomy.
What We Do
At BBVA we are leading the transformation of banking worldwide, united in pursuing our goal of bringing the age of opportunity to everyone. Firmly focused on the future, our on-going digital transformation is already producing disruptive innovations that power our vision of banking. Every one of our 112,465 employees, from branch staff to senior leaders, plays an essential role in giving our 85 million customers the cutting edge banking solutions that they deserve. Building on 165 years of history we know the importance of constant development, which is why we place so much confidence in the collaborative working environment that enables our people to grow and excel. If you would like to learn about the culture and opportunities on offer at a company that is leading the way for 21st century banking, head to the ‘Life’ tab to find out more.
