Key aspects of this role include:
- Originating and executing debt transactions for high-growth tech companies and venture capital funds.
- Building and maintaining strong client relationships within the entrepreneurial ecosystem.
- Collaborating with cross-functional teams to deliver tailored debt structures and financial advice.
- Monitoring portfolio performance and identifying upselling opportunities.
*ASSUMPTION:* This role requires a strong understanding of the tech market and business models, as well as experience in venture lending or a related field.
π Key Responsibilities
β Business Origination & Client Relationship Management:
- Identify and engage with potential clients, understanding their strategic vision and growth potential.
- Conduct detailed analyses of clients and craft tailored debt structures.
β Transaction Execution:
- Lead the deal execution process from initial screening to documentation and closing.
- Coordinate and manage the due diligence process, internal approvals, and transaction documentation.
β Portfolio Management & Risk Management:
- Monitor portfolio performance and maintain frequent communication with portfolio companies.
- Identify and implement corrective actions when necessary, and proactively identify upselling opportunities.
*ASSUMPTION:* This role involves a high level of autonomy and requires strong project management skills to manage complex processes and deliver timely results.
π― Required Qualifications
- Education: Bachelor's degree in Finance, Business, or Economics. An MBA or CFA is a plus.
- Experience: 6-9 years of experience in Venture & Growth lending to tech companies within a bank or debt fund. Candidates with backgrounds in investment banking, structured/leverage debt, venture capital, consulting, or a related field who are willing and capable of transitioning to the venture lending space will also be considered.
- Required Skills:
- Strong project management capabilities and ability to be a self-starter.
- Proven track record of deal-making experience.
- Excellent relational skills and ability to establish solid, long-lasting relationships with clients.
- Outstanding verbal and written communication skills.
- Ability to build an extensive network within the VC ecosystem in Spain (a plus).
- Preferred Skills:
- Expertise in particular tech sectors/segments.
- Experience in the entrepreneurial ecosystem or in VC Funds.
- Fluency in English and Spanish.
*ASSUMPTION:* Given the international nature of BBVA, proficiency in additional languages may be beneficial but is not explicitly required.
π° Compensation & Benefits
- Salary Range: β¬70,000 - β¬100,000 per year (based on industry standards for similar roles in Spain)
- Benefits: Competitive benefits package, including health insurance, pension plans, and flexible compensation programs.
- Working Hours: Full-time (40 hours/week), with flexible working arrangements available.
*ASSUMPTION:* BBVA offers a comprehensive benefits package to attract and retain top talent in the competitive banking industry.
π Applicant Insights
π Company Context
- Industry: Banking, with a strong focus on innovation, digital transformation, and financial health.
- Company Size: 10,001+ employees, with a global presence in over 25 countries and serving more than 80 million customers.
- Founded: 1857, with a rich history and a strong commitment to continuous development and growth.
- Company Description: BBVA is a global company that operates in more than 25 countries, providing banking services to more than 80 million customers. With over 160 years of history, BBVA is committed to leading the transformation of banking worldwide and bringing the age of opportunity to everyone.
- Company Specialties: Corporate and investment banking, innovation, digital banking, fintech, design thinking, agile methodologies, big data, data science, engineering, cybersecurity, and sustainability.
π Role Analysis
- Career Level: Mid to senior-level position, reporting directly to the Managing Director of Venture & Growth Lending in Spain.
- Reporting Structure: The Vice President will report directly to the Managing Director and work closely with cross-functional teams, including credit risk, investment, and legal teams.
- Work Arrangement: On-site, with flexible working arrangements available.
- Growth Opportunities: This role offers the opportunity to work with high-growth tech companies and venture capital funds, gaining exposure to cutting-edge business models and technologies. Additionally, BBVA's global presence provides opportunities for international mobility and career progression.
*ASSUMPTION:* Given BBVA's commitment to employee development and growth, there may be opportunities for career advancement within the company.
π Location & Work Environment
- Office Type: BBVA's offices are modern, collaborative workspaces designed to foster innovation and creativity.
- Office Location(s): The role is based in Spain, with remote work available. BBVA has offices in major cities across Spain, including Madrid, Barcelona, and Bilbao.
- Geographic Context: Spain offers a high quality of life, with a warm climate, rich culture, and vibrant entrepreneurial ecosystem.
- Work Schedule: Full-time (40 hours/week), with flexible working arrangements available. BBVA encourages a healthy work-life balance and offers flexible working arrangements to support employees' personal and professional growth.
*ASSUMPTION:* BBVA's remote work policy allows for greater flexibility and work-life balance, attracting top talent from across Spain and beyond.
πΌ Interview & Application Insights
- Typical Process: Online application submission β Phone/Video screening β On-site interviews with hiring manager and cross-functional team members β Final decision.
- Key Assessment Areas: Technical skills (financial analysis, deal structuring, risk assessment), problem-solving, communication, and cultural fit.
- Application Tips:
- Tailor your resume and cover letter to highlight relevant experience and skills.
- Research BBVA's mission, values, and culture to demonstrate your fit for the role.
- Prepare for behavioral and situational interview questions that focus on your problem-solving skills, leadership, and adaptability.
- Be ready to discuss your understanding of the tech market and business models, as well as your experience with venture lending or a related field.
*ASSUMPTION:* BBVA's interview process is designed to assess candidates' technical skills, cultural fit, and potential for growth within the organization.
π οΈ Tools & Technologies
- Microsoft Office Suite (Excel, PowerPoint, Word)
- Financial modeling software (e.g., Excel, Bloomberg, FactSet)
- CRM software (e.g., Salesforce, Microsoft Dynamics)
- Project management tools (e.g., Asana, Trello)
- Collaboration tools (e.g., Microsoft Teams, Slack)
*ASSUMPTION:* BBVA provides its employees with access to the latest tools and technologies to support their work and enable collaboration with cross-functional teams.
π Cultural Fit Considerations
- Company Values: Customer focus, integrity, teamwork, and commitment to continuous learning and improvement.
- Work Style: BBVA fosters a collaborative, innovative, and agile work environment, with a strong focus on continuous learning and development.
- Self-Assessment Questions:
- How do you demonstrate BBVA's commitment to customer focus in your daily work?
- How have you adapted to new situations or challenges in the past, and what was the outcome?
- How do you collaborate with cross-functional teams to achieve shared goals?
*ASSUMPTION:* BBVA's culture is built on a foundation of strong values, fostering a collaborative and innovative work environment that supports employee growth and success.
β οΈ Potential Challenges
- The role requires a strong understanding of the tech market and business models, which may necessitate continuous learning and adaptation.
- The entrepreneurial ecosystem can be fast-paced and dynamic, requiring candidates to be adaptable and proactive in their approach to business origination and client relationship management.
- The role involves a high level of autonomy and requires strong project management skills to manage complex processes and deliver timely results.
*ASSUMPTION:* BBVA provides its employees with the resources and support they need to overcome these challenges and succeed in their roles.
π Similar Roles Comparison
- Venture Debt Associate (Bank): Focuses on deal sourcing, due diligence, and transaction execution. This role may have less responsibility for portfolio management and client relationship management compared to the Vice President role at BBVA.
- Venture Capital Associate (VC Fund): Focuses on deal sourcing, due diligence, and portfolio management, but may have less involvement in transaction execution and client relationship management compared to the Vice President role at BBVA.
- Vice President - Venture & Growth Lending (Other Bank): Similar to the BBVA role, but may vary in terms of company culture, work environment, and specific responsibilities based on the bank's size, structure, and focus.
*ASSUMPTION:* While there are similarities between this role and other venture lending or venture capital roles, the specific responsibilities, work environment, and company culture at BBVA make this role unique.
π Sample Projects
- Conducting a comprehensive financial analysis of a high-growth tech company to assess its creditworthiness and identify potential debt structures.
- Leading the due diligence process for a venture debt transaction, coordinating with cross-functional teams to ensure a successful closing.
- Developing and implementing a risk management strategy for a portfolio of venture debt investments, proactively identifying and addressing potential issues.
*ASSUMPTION:* These sample projects illustrate the range of responsibilities and challenges that candidates may face in this role, requiring strong technical skills, problem-solving, and adaptability.
β Key Questions to Ask During Interview
- What are the key priorities for this role in the first 90 days?
- How does BBVA support the professional development and growth of its employees?
- What is the typical career path for someone in this role at BBVA?
- How does BBVA foster collaboration and innovation within its teams?
- What are the most challenging aspects of this role, and how has the current incumbent approached them?
*ASSUMPTION:* These questions are designed to provide insight into the role's priorities, BBVA's commitment to employee development, and the work environment and culture at the company.
π Next Steps for Applicants
To apply for this position:
- Submit your application through [this link](https://bbva.wd3.myworkdayjobs.com/BBVA/job/28001-Madrid-Madrid/Vice-president---Venture---Growth-Lending-Spain---BBVA-Spark_JR00072767).
- Tailor your resume and cover letter to highlight your relevant experience and skills, demonstrating your fit for the role and BBVA's culture.
- Prepare for the interview process by researching BBVA's mission, values, and culture, and practicing your responses to behavioral and situational interview questions.
- Follow up with the hiring manager after your interview to express your interest in the role and reiterate your qualifications.
β οΈ This job description contains AI-assisted information. Details should be verified directly with the employer before making decisions.