Job Description

GENERAL SUMMARY

The Internal Audit Manager Markets and Securities Compliance is responsible for leading and executing audit engagements related to the BBVA US Operations (NY Branch markets, BBVA Securities broker-dealer,.. related auditing). This role ensures compliance with applicable regulatory requirements (SEC, FINRA, NFA, CFTC, FRB and NYS DFS) while assessing the effectiveness of internal controls across trading, operations, finance, and compliance functions.

The role requires deep expertise in NY Branch and broker-dealer operations, financial reporting, and regulatory obligations to ensure the firm maintains a robust control environment that supports its supervisory, compliance, and risk management frameworks.

PRIMARY DUTIES AND REPONSABILITIES

• Lead and execute risk-based internal audits of the BBVA NY Branch’s markets and broker-dealer’s core processes related auditing including trading activities, sales practices, client onboarding, books and records, order handling, market access, clearing/settlement, conflicts of interest disclosures and client suitability. A solid understanding of other Corporate & Investment Banking (CIB) lines of business, such as Global Transaction Banking (GTB) and Investment Banking & Finance (IB&F) is also highly desirable.
• Collaborate with other internal audit team members to execute other type of Audit engagements.
• Evaluate compliance with U.S. regulatory requirements, including SEC, FINRA, NFA, CFTC, FRB and NYS DFS as applicable.
• Assess internal controls over financial reporting related to the broker-dealer entity or NY Branch, including revenue recognition, commissions, expenses, and intercompany allocations.
• Review the design and effectiveness of governance structures including supervisory procedures, control room protocols, and information barrier enforcement.
• Assess the design and operating effectiveness of internal controls to ensure compliance with applicable laws and regulations.
• Able to identify relevant risks, recommending enhancements as needed and to properly document the audit process.
• Identify and communicate audit findings and recommendations clearly and constructively to senior management.
• Prepare audit reports in line with Internal standards, ensuring they clearly communicate objectives, scope, methodology, findings, root causes, risk ratings, and recommended actions.
• Stay abreast of evolving SEC, FINRA, FED, NYS DFS regulations, industry trends, and enforcement actions to ensure audit activities remain relevant and effective.
• Collaborate with the USA Head of Internal Audit to develop and implement risk-based Audit plans, ensuring alignment with organizational goals and regulatory requirements.
• Maintain independence and objectivity in all audit activities, in accordance with the organizational policies.

QUALIFICATIONS

• Education: Bachelor’s degree required; preferred fields include Accounting, Finance, Business Administration or other related fields.
• Experience: Minimum of 8 years of experience in Internal Audit, with a strong focus on regulatory compliance.
• Certifications: FINRA Series 7 licence is a plus.
• In-depth knowledge of U.S. capital markets and financial services regulation, including rules and expectations set forth by the SEC, FINRA, FRB, NFA, CFTC, and NYS DFS, as applicable to broker-dealer operations or NY Branch. Experience with cross-market products and global regulatory frameworks is a plus.
• Technical knowledge: Strong understanding of applicable laws and regulations and risk management frameworks.
• Audit Proficiency: Expertise in audit planning, fieldwork execution, control testing, and audit reporting aligned to IIA and organizational standards.
• Demonstrated ability to lead audit projects, manage teams, and work cross-functionally.
• Strong verbal and written communication skills to effectively articulate audit findings to technical and non-technical audiences.
• Strong collaboration and problem-solving skills.
• Bilingual English / Spanish 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 Houston Office, the expected base salary ranges from $110,000 to $125,000. 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.

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