Summer Internship - Investment Banking & Finance

BBVA is one of the largest banks in Spain and has significant international presence, operating in more than 30 counties across Europe, the Americas, and Asia. BBVA offers a wide range of financial products and services, including retail banking, corporate banking, investment banking, asset management, and insurance. The Bank is committed to sustainability and corporate responsibility, actively supporting environmental and social initiatives. Overall, BBVA is recognized as a leading global financial institution with a strong focus on technology, innovation, and customer-centricity.

What the Program offers

Our Summer Internship Program offers rising seniors the opportunity to gain a detailed experience of the typical tasks and responsibilities of a full-time employee. Interns gain valuable, professional, and educational exposure through hands-on training, as they become part of a business group and collaborate with experienced team members who excel in their respective fields.

Responsibilities

• Independent or team-based projects that contribute to the success of the business
• Research and business analysis
• Business development or marketing activities
• Support of senior team members
• Assist with presentations, publications, spreadsheets and models

The Summer Intern will rotate throughout 5-6 of the following Investment Banking and Finance Teams:

• Corporate Lending – Debt capital and acquisition financing for large US and global companies operating in the US and Latin America. Manages a large portfolio of Revolving Credit Facilities, Term Loans, and Bridge Loans to a blue-chip client base in a number of industry sectors – TMT, Consumer, Healthcare, Industrial, Infrastructure, and Institutional
• Fund Finance – Capital Call facilities used by asset managers to finance Limited Partner equity calls in order to optimize the fund returns for the sponsor
• Project Finance – Financing renewables projects in the US & Canada, including solar, wind, offshore wind, in addition to energy transition projects like LNG facilities, cleantech projects including battery storage, renewable natural gas, EV battery plants, and infrastructure/TMT including mass transit, fiber-optic networks, and social infrastructure
• Real Estate Finance – Non-recourse asset financing of data centers, student housing, logistics, multi-family, and life sciences, as well as providing capital to REITs
• Loan Syndicate & Sales – Structuring, Arranging, Underwriting, and Distribution of loans to the bank and institutional market in both primary and secondary markets – use of a variety of financial tools to distribute risk including non-payment insurance
• Debt Advisory – Advising corporate clients in a product agnostic manner on capital structure optimization, debt capacity, ratings advice, acquisition financing, and capital allocation
• Capital Solutions – Advising banks and insurance companies on regulatory capital optimization, debt issuance, liability management
• ESG & Low Carbon Advisory – Advising clients on energy transition strategies including technical expertise on emerging technologies and the measurement of progress through industry specific key performance indicators
• Cleantech & Offshore Advisory – Advising sponsors on the development, ownership structure, and capital structure of renewable and cleantech projects, including tax equity placement and transfer, equity and JV structures, and PF advisory
• Securitization – Warehouse lending of portfolios of financial assets including trade receivables, auto loans/leases, and equipment loans/leases and the term out through the Asset Backed Securitization (ABS) market
• Portfolio Monitoring – Managing the loan portfolio for the full life cycle of the facilities, including amendments and waivers.Agency services on loans where BBVA is the lead bank. Portfolio analytics and early warning monitoring. Specialized monitoring of the covenants, borrowing bases, and collateral for the structured finance loans in the portfolio

Education & Prior Work Requirements:

• Preferred degrees include economics, finance, international affairs, or similar
• Previous related internship or work experience preferred

Skills, knowledge, and abilities/competencies:

• Fluency in English is required with the ability to communicate effectively verbally and in
• Writing (Spanish is a plus).
• Basic knowledge of finance, economics, political and credit analysis, capital markets, financial math and macroeconomic concepts.
• Microsoft Office, particularly Excel and PowerPoint. Python is a plus.
• Strong problem-solving and analytical abilities
• Excellent communication and presentation skills, both verbal and written
• Strong self-initiative with ability to work well individually and in teams
• Effectiveness in terms of coordination and follow-up
• Proactive in information sharing and support of colleagues
• Ability to adapt and manage change and uncertainty
• Positive, solution-focused disposition

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 is $30/hour. 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