Banco Bilbao Vizcaya Argentaria, SA
TAX SENIOR MANAGER II
Banco Bilbao Vizcaya Argentaria, SA, New York, New York, us, 10261
time left to apply End Date: June 6, 2025 (30+ days left to apply)
job requisition id JR00059558
Excited to grow your career? 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: We are seeking a professional to join our tax team as BBVA Tax Director for CIB business, reporting to the US Head of Tax. The selected candidate will be responsible for overseeing all tax related activities and strategies related to the CIB business in the US, working in collaboration with other colleagues based in Madrid and the rest of different jurisdictions of BBVA´s footprint, ensuring compliance with US tax laws and regulations and providing continuous tax support to the CI business area, contributing to the company growth and success in the US.
BBVA CIB business in the US encompasses a NY based broker-dealer and a US branch of our parent company in Spain, BBVA, S.A., conducting Global Markets, Global Transactional Banking and Investment Banking and Finance activities for US and international corporate clients and institutional investors.
BBVA has a robust global franchise and services clients in 24 countries around the world, with an extensive network of financial experts, investment-banking specialists and advisers in specific industries and sectors.
Main responsibilities
Tax strategy and planning
Contribute to the development, update, implementation and control of ongoing compliance with the tax strategies and policies for the CIB business unit in the US, in line with BBVA´s group global tax strategy and business growth objectives in the US market.
Participate in strategic initiatives promoted by BBVA in the US, supporting the Tax Team in evaluating the tax implications related to new business initiatives and assisting in evaluating the tax effects of various business proposals and planning ideas.
Participate in internal / external working groups where tax matters affecting BBVA CIB business are discussed. Represent the Bank with respect to various industry advocacy groups for CIB tax matters.
Identify and assess tax risks and opportunities and develop strategies to mitigate tax risks and optimize tax outcomes, ensuring adherence to relevant tax regulations.
Stay updated on changes in the tax laws, regulations, rulings and procedures, to determine not only its impact on the group but also any opportunities which may be derived for the different business lines as a result of these changes.
Tax assistance, in collaboration with Tax Department senior staff, in evaluating the tax implications of new products, risks and requirements of products proposed by the various business lines, ensuring compliance with all the federal, state and local tax law and regulations.
Review and negotiate the tax provisions of credit facilities, ISDAs, GMSLAs, GMRAs and other relevant banking agreements and legal documentation related to the CIB business, providing tax advice to the internal stakeholders, as necessary.
Tax audit support, including responding to queries and IDRs from the IRS. Assistance in managing any investigation and / or other administrative processes when required.
Collaborate in the elaboration, revision and implementation of BBVA transfer pricing policies and internal SLAs related to the CIB business.
Assistance in relation to tax equity financing projects.
Respond to queries raised by the business teams, group management and/or from other colleagues at BBVA, in connection with any CIB business initiatives launched from the US office or with US ramifications.
Oversight of external advisors and coordination with BBVA local teams. Establish relationships with other players in the CIB industry.
Tax compliance and reporting
Assistance in the preparation of BBVA federal, state and local tax returns (quarterly estimates, annual tax returns, tax provision, etc.) and transfer pricing documentation.
Assistance in the preparation of specific tax filings related to the CIB business, including the maintenance of any regulatory tax reporting policies and procedures required for the CIB business carried out from BBVA NY office.
Respond to recurrent questions concerning tax accounting, tax compliance matters, business forms and regular advice related to the CIB business, from internal or external stakeholders.
Monitor the impact that any change in tax laws and regulations may have in the tax position of the Group in the USA.
Collaboration in the implementation of effective internal controls and processes to ensure accurate and timely tax reporting and compliance.
Analysis of income tax accounting impact of business transactions.
Qualifications
Bachelor's degree in Accounting, Finance, Taxation or related field. Master in Taxation degree and/or CPA certification is preferred.
At least 10 years experience in a similar tax role, preferably within the financial services industry.
Deep understanding of US federal and state tax laws and regulations, as well as US international tax principles.
Deep understanding of the standard agreements utilized in the CIB business.
Proven track record of leading tax strategy, planning, compliance and risk initiatives.
Strong analytical and problem-solving skills, with the ability to interpret complex tax laws and regulations.
Excellent communications and interpersonal skills to communicate complex tax concepts to the non-tax professionals.
Excel and rest of Microsoft office package professional skills.
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 New York Office, the expected base salary ranges from $150,000 to $185,000. 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.
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:
disabilityaccessjobs.us@bbva.com
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.
Don’t miss any opportunity and... upload your CV! You will join our Talent Community so that we can send you future opportunities that match your profile.
We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!
#J-18808-Ljbffr
job requisition id JR00059558
Excited to grow your career? 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: We are seeking a professional to join our tax team as BBVA Tax Director for CIB business, reporting to the US Head of Tax. The selected candidate will be responsible for overseeing all tax related activities and strategies related to the CIB business in the US, working in collaboration with other colleagues based in Madrid and the rest of different jurisdictions of BBVA´s footprint, ensuring compliance with US tax laws and regulations and providing continuous tax support to the CI business area, contributing to the company growth and success in the US.
BBVA CIB business in the US encompasses a NY based broker-dealer and a US branch of our parent company in Spain, BBVA, S.A., conducting Global Markets, Global Transactional Banking and Investment Banking and Finance activities for US and international corporate clients and institutional investors.
BBVA has a robust global franchise and services clients in 24 countries around the world, with an extensive network of financial experts, investment-banking specialists and advisers in specific industries and sectors.
Main responsibilities
Tax strategy and planning
Contribute to the development, update, implementation and control of ongoing compliance with the tax strategies and policies for the CIB business unit in the US, in line with BBVA´s group global tax strategy and business growth objectives in the US market.
Participate in strategic initiatives promoted by BBVA in the US, supporting the Tax Team in evaluating the tax implications related to new business initiatives and assisting in evaluating the tax effects of various business proposals and planning ideas.
Participate in internal / external working groups where tax matters affecting BBVA CIB business are discussed. Represent the Bank with respect to various industry advocacy groups for CIB tax matters.
Identify and assess tax risks and opportunities and develop strategies to mitigate tax risks and optimize tax outcomes, ensuring adherence to relevant tax regulations.
Stay updated on changes in the tax laws, regulations, rulings and procedures, to determine not only its impact on the group but also any opportunities which may be derived for the different business lines as a result of these changes.
Tax assistance, in collaboration with Tax Department senior staff, in evaluating the tax implications of new products, risks and requirements of products proposed by the various business lines, ensuring compliance with all the federal, state and local tax law and regulations.
Review and negotiate the tax provisions of credit facilities, ISDAs, GMSLAs, GMRAs and other relevant banking agreements and legal documentation related to the CIB business, providing tax advice to the internal stakeholders, as necessary.
Tax audit support, including responding to queries and IDRs from the IRS. Assistance in managing any investigation and / or other administrative processes when required.
Collaborate in the elaboration, revision and implementation of BBVA transfer pricing policies and internal SLAs related to the CIB business.
Assistance in relation to tax equity financing projects.
Respond to queries raised by the business teams, group management and/or from other colleagues at BBVA, in connection with any CIB business initiatives launched from the US office or with US ramifications.
Oversight of external advisors and coordination with BBVA local teams. Establish relationships with other players in the CIB industry.
Tax compliance and reporting
Assistance in the preparation of BBVA federal, state and local tax returns (quarterly estimates, annual tax returns, tax provision, etc.) and transfer pricing documentation.
Assistance in the preparation of specific tax filings related to the CIB business, including the maintenance of any regulatory tax reporting policies and procedures required for the CIB business carried out from BBVA NY office.
Respond to recurrent questions concerning tax accounting, tax compliance matters, business forms and regular advice related to the CIB business, from internal or external stakeholders.
Monitor the impact that any change in tax laws and regulations may have in the tax position of the Group in the USA.
Collaboration in the implementation of effective internal controls and processes to ensure accurate and timely tax reporting and compliance.
Analysis of income tax accounting impact of business transactions.
Qualifications
Bachelor's degree in Accounting, Finance, Taxation or related field. Master in Taxation degree and/or CPA certification is preferred.
At least 10 years experience in a similar tax role, preferably within the financial services industry.
Deep understanding of US federal and state tax laws and regulations, as well as US international tax principles.
Deep understanding of the standard agreements utilized in the CIB business.
Proven track record of leading tax strategy, planning, compliance and risk initiatives.
Strong analytical and problem-solving skills, with the ability to interpret complex tax laws and regulations.
Excellent communications and interpersonal skills to communicate complex tax concepts to the non-tax professionals.
Excel and rest of Microsoft office package professional skills.
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 New York Office, the expected base salary ranges from $150,000 to $185,000. 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.
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:
disabilityaccessjobs.us@bbva.com
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.
Don’t miss any opportunity and... upload your CV! You will join our Talent Community so that we can send you future opportunities that match your profile.
We are more than 121,000 colleagues across 25 countries, working in multidisciplinary teams where we understand the importance of work-life balance. We support our clients in the energy transition and are committed to inclusive growth. We are pioneers in adopting disruptive technologies that will shape the financial industry. Dare to define the future of banking!
#J-18808-Ljbffr