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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.
About the job:
ROLE OVERVIEW
The Internal Auditor Manager for the Entity BBVA GWA, Inc., a Registered Investment Adviser (RIA), provides independent and objective assurance and advisory services to strengthen the effectiveness of risk management, compliance, and governance frameworks with respect to the international wealth management business of the Entity across the United States.
This role focuses on the international wealth management business and assesses adherence to:
U.S. regulatory requirements (among others SEC, FinCEN and local regulators...)
Applicable global regulatory frameworks, and
Internal policies, standards, and governance requirements of the BBVA Group.
Cross border compliance (US - LATAM)
The position plays a key role in promoting a strong culture of compliance, fiduciary responsibility, and ethical conduct, while acting as a trusted advisor to senior management.
PRIMARY DUTIES AND RESPONSABILITIES
Plan, lead and execute risk-based internal audits of the RIA’s core advisory and wealth management processes, including portfolio management, trading activities, sales and distribution practices, client onboarding, fee billing, books and records, order handling, best execution, custody oversight, conflicts of interest disclosures, and client suitability and cross-border. Provide recommendations to strengthen governance, policies, procedures, and control frameworks. Able to identify relevant risks, recommending enhancements as needed and to properly document the audit process.
Evaluate compliance with applicable U.S. regulatory requirements, including SEC regulations under the Investment Advisers Act of 1940, and other relevant regulatory or supervisory frameworks, as well as applicable global regulatory requirements where relevant. (Form ADV disclosures, Code of Ethics (Rule 204A-1), Best execution and trade allocation requirements and AML, KYC, and data privacy regulations as applicable.
Prepare audit reports in line with Internal standards, ensuring they clearly communicate objectives, scope, methodology, findings, root causes, risk ratings, and recommended actions. Act as a trusted advisor by providing insight on control enhancements, process efficiencies, and regulatory developments.
Identify and communicate audit findings and recommendations clearly and constructively to senior management. Escalate significant control weaknesses or regulatory risks to senior management and governance committees. Track audit findings, management action plans, and remediation progress to completion.
Support regulatory examinations and inquiries by preparing documentation and responding to regulator requests.
Contribute to develop and implement risk-based audit plans, ensuring alignment with organizational goals and regulatory requirements.
Collaborate with other internal audit team members to promote effective risk management practices. Additional responsibilities will include support to audit activities across other BBVA U.S. entities as needed.
Key Competencies include among others, strong understanding of fiduciary duty and investor protection principles, ability to assess complex investment and operational processes, independent judgment with a collaborative, solutions-oriented mindset and high ethical standards and discretion in handling sensitive information.
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, external audit, compliance, or risk management within: broker-dealers, asset or wealth management firms, financial services institutions or Registered Investment Advisers, .
Strong knowledge of SEC regulations applicable to RIAs /broker dealers and fiduciary standards.
Proven experience auditing: Investment advisory and portfolio management activities / Wealth management or fiduciary services.
Excellent analytical, communication, and report-writing skills.
Preferred professional certification: FINRA Series 65 or 66, ACAMS, CIA, CPA,
Experience working in a global or multi-jurisdictional wealth management environment.
Experience supporting regulatory exams and remediation programs.
Bilingual English / Spanish (preferred).
Legal requirements
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.
Pay Transparency Policy Statement
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information (41 C.F.R. 60-1.35 (c)).
Individuals with Disabilities
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch invite all interested and qualified applicants to apply for employment opportunities. If you are a U.S.-based job seeker with a disability who is unable to use our online tools to search and apply for jobs, please contact us by emailing: [email protected] or by calling toll-free (in the U.S.) 1-844-664-9275. Please indicate the specific type of assistance needed*.
*The disability access telephone line and email address are reserved solely for job seekers with disabilities requesting accessibility assistance or an accommodation. Please do not call about the status of your job application if you do not require accessibility assistance or an accommodation. Messages left for other purposes, such as following up on an application or non-disability related or technical issues, will not receive a response.
EEO Statement
BBVA USA, BBVA Securities Inc., and BBVA S.A. New York Branch have a firm and unwavering policy to provide equal employment opportunity without regard to age, citizenship, color, disability, ethnic origin, gender, gender identity and expression, marital status, nationality, national origin, race, religion, sexual orientation, genetic predisposition, protected veteran status, or any other status or classification protected by federal, state or local law. This policy includes all job groups, classifications and organizational units. With regard to employment, this policy extends to applicants and covers our recruiting, hiring, promotion, transfer, demotion, discipline, termination, benefits, compensation and training practices as well as social and recreational activities.
View the "EEO is the Law" & "View the EEO is the Law Supplement Poster" poster. BBVA USA, BBVA Securities, Inc., and BBVA NY are equal opportunity and affirmative action employer.
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