Jaime Salgado Email & Phone Number

Mexico City, Mexico

Ciudad De México, Mx

Responsible for regulatory compliance and internal controls within Corporate & Investment Banking at BBVA Mexico.

Ciudad De México, Mx

This role provides proactive support to the bank´s new digital business initiatives on the regulatory requirements and ensures a risk-based, trade surveillance monitoring programme to prevent possible market manipulation and avoid conflicts of interest to protect and enhance the reputation of the bank and its affiliates.• Partnered with the Firm’s Digital Banking team to provide proactive advice on local and international regulatory requirements to deploy compliance digital banking initiatives.• Control Room. Ensure that the bank and its affiliates have controls to manage the flow of Material Non-Public Information and certain Confidential Information to protect and enhance the reputation of the bank with its clients and regulators. Assist in implementing the firm's Information Barrier policies and procedures by maintaining the firm’s Watch and Restricted List.• Trade Surveillance. Responsible for providing centralized coverage for trading surveillance across the Firm’s trading business lines to prevent possible market manipulation and possible market abuses being conducting trading activities in the markets.• Support the Firm´s business lines in implementing relevant international laws and regulations to comply with the new regulatory requirements (e.g. the Volcker Rule).

Ciudad De México, Mx

This role provides oral and written strategic advice to the Corporate & Investment Banking (CIB) businesses and support functions on relevant local and international laws and regulations to comply with the new regulatory requirements, minimize business impacts and identify new business opportunities. Participate in / lead as appropriate strategic projects and initiatives and entail working closely with other professionals in the Front Office, Back Office, Finance, IT, Risk Department, Legal and Compliance Department, providing coverage to the derivatives business, equity, fixed income, corporate lending, global transactional banking and support functions, including helping to scope projects, deliver work streams and implement action plans.BBVA Bancomer representative and regulatory speaker (e.g. the XIV Financial Risk Congress in Colombia.)

Birmingham, Al, Us

Build the operational risk infrastructure and implement the corporate Operational Risk Methodology in the US CIB businesses to have a robust control environment and risk monitoring tools.• Led the project to implement the BBVA Group Operational Risk Model (BASEL III) in the Corporate and Investment Banking business in the USA, covering three different legal entities (BBVA Compass bank, BBVA Securities Inc and BBVA NY Branch). After a joint FED of NY, FED of Atlanta and New York State Department of Financial Services examination to the Operational Risk Model in BBVA NY (June 2014) and BBVA Compass (September 2014) no findings were noted and overall rating “Satisfactory”.• Executed and managed compliance with the BBVA Federal Reserve Bank Matters Requiring Immediate Attention (“MRIA”) issues over Global Markets control framework (end-to-end Front Office to Bank Office operations). In August 2014, Management agreed to remove the no growth limitations to CIB due to the robust control environment implemented.• Member of the Corporate and Investment Banking (CIB) US Management Committee, Member of the Enterprise Risk Management Committee, Member of the New Products Committees in CIB and approver in the New Products Committee at the bank level and responsible for the Operational Risk Committee for three different entities and CIB businesses.• Coordinated Sarbanes Oxley certification for all relevant processes.• Coordination of Risk and Control Assessments, including performing assessments in its various phases with the objective to identify, assess, mitigate, monitor (Key Risk Indicators) and report on significant risks and gaps. Specific areas of concentration include: OTC derivatives sales and trading, Fixed Income, Debt Capital Markets, broker dealer business, FOREX business, Corporate Banking Lending products and Transactional Banking.

Ciudad De México, Mx

Provide independent risk and control assessment, examine the firm’s operational and control environment, and conduct reviews designed to cover all major risk categories in all Corporate and Investment Banking.• Led the project to increase the scope of the BBVA Group Operational Risk Model (BASEL II) to cover Corporate Banking, Transactional Banking, Asset Management and Real State (Anida) activity.• Coordination of Risk and Control Assessments, including performing assessments in its various with the objective to identify, assess, mitigate, monitor (Key Risk Indicators) and report on significant risks and gaps. Specific areas of concentration include: Global Markets (OTC Derivative, fixed income, FOREX and Exchange Traded Equity derivatives), Brokerage House business, Custody Services, Mutual Funds, Corporate Banking Lending products, Transactional Banking and Real Estate business.• Played a key role during Central Bank derivatives certification (31 puntos) by acting as main promoter to set up the new control environment.• Coordinated Sarbanes Oxley certification for all relevant processes.

Ciudad De México, Mx

Managed and streamlined the on-boarding process for derivatives, fixed income and FOREX business and started the implementation of the Internal Control function in BBVA Bancomer.• Responsible for the On-boarding department (customer and securities set up). Developed an in-house application (SAIT) to store and manage scanned agreements (i.e. ISDAs), customer documentation and confirmations, to support derivatives operation. The SAIT system was the key piece to enhance the customer on-boarding and trade confirmation process for derivative transactions. Re-engineered the whole on-boarding workflow to streamline the process and support the Front Office business growth.• Assisted Global Markets in documenting their processes and sub-processes via flowcharts, control matrices, narratives and testing for the initial phases of the Sarbanes & Oxley 404 initiative.• Led the first phase of the project to implement the BBVA Group Operational Risk Model (BASEL II) in the Corporate and Investment Banking business, covering Global Markets (OTC Derivative, fixed income, FOREX and Exchange Traded Equity derivatives), Brokerage House business and Custody Services.• Trained front office (FO) on the OTC derivative regulation and policies and procedures prior to regulatory exams.

Design and launched three different systems to reposition BBVA Bancomer Custody Service and BBVA Casa de Bolsa (international equity trading) as a top player in the Mexican Financial Industry.• Repositioned BBVA Bancomer Custody Service as a Top Rated Local Custodian. Designed and launched an in-house application (e-GUARD) linked to SWIFT and to a Web Based Application. Coordinate a two-year complex business plan, including a capital funding initiative, for the Custody application. The whole custody operational process was re-engineered (end-to-end Front Office to Bank Office operations) to satisfy customer needs and reduce the operational risk. As a consequence, BBVA Bancomer Custody Service was rated as a Top Rated Local Custodian for two years in a row (2004 & 2005) by the “Global Custodian Magazine”. • Close and active relationship with the Mexican Ministry of Finance to develop a reasonable tax scheme applicable to foreign investors through the Custody Service.• Designed, negotiated and launched an order routing system (e-TRADER) for foreign clients in the international equity trading business. This development was the first international connectivity (Fix protocol) offered to top USA customers (i.e. Bearn Stearns) to receive stock market orders, send real time pre-confirmations and provide daily statements. • Designed and launched a middle office system (SILOX – Sistema de Apoyo Logistico para la Liquidacion de Operaciones del Extranjero) to optimize the confirmation of trades and the settlement process for the equity trading activity in the brokerage house. Through this application, the brokerage house was also able to prompt the securities lending business to the market and the Asset Management Group.• Coordinate the logistic to move the Latam Asset Management business from Miami to Mexico.• Formally closed a company in Cayman Island through a settlement trustee.

D.F., Mx

Led some of the most relevant initiatives in the Mexican Stock Market with a strategic vision to promote the stock market activity and offer new business alternatives, as well as optimize the Mexican Stock Exchange infrastructure. • Participated in the working group to implement order routing channels/systems to connect the brokerage houses systems to the Mexican Stock Exchange trading platform (SENTRA) and speed up the process of sending stock market orders to the Stock Exchange. Played a key role during the programming by acting as a liaison in compiling the functionality requirements and testing needs between the IT teams of the Mexican Stock Exchange and the brokerage houses.• New Stock Market Order Types set up for the Mexican stock market. Conducted specific research about new ways to close trades within the Mexican Stock Exchange trading platform (SENTRA) to be in line with the worldwide trends. Project leader in the definition of each single new Stock Market Order Types (Stop Limit, Better limited order, etc.) and played a key role during the programming by acting as a liaison in compiling the functionality requirements and testing needs between the IT team, the Operations department and the market players. • Development and launching of the Mexico IMC30 Index which is a capitalization-weighted index of midcap Mexican companies traded on the Mexican Stock Exchange. (January 29, 1999). Coordinate the methodological definition and documentation of the new index, jointly with the best Universities in Mexico, lobbing with the Mexican participants to match the business needs and work very closely with IT, Operations, marketing departments and Mexican press.• Conducted a specific workflow assessment of the "outcry market" and proposed alternatives to optimize the stock trading and set up the basics for the trading growth. This analysis led to moving from an "outcry market" to electronic dealing (SENTRA, stock trading platform).

Formulated and implemented problem-solving and growth strategies that analyzed business process re-engineering in the custody, clearing and settlement process in the Mexican market.• Conducted a business case and participated in the project implementation to offer custody services to foreign investors in government debt securities that increased business revenue and international projection to the Central Securities Depository.• Facilitated the restructured the company’s fee schedule, according to international standards, taking responsibility for the fees-cost analysis, propose a new fee schedule, evaluate the financial impact on each market participant and implementation of fee automation ensuring same results as projected.• Active participant in the Mexican Broker Dealers Association-AMIB as a S. D. Indeval representative to inform and coordinate any initiative with the objective to ensure that the changes in the clearing and settlement process were fully understood and implemented by the market participants (banks, brokerage houses, mutual funds, Central Bank and CNBV).

Global Executive Mba, Business Administration And Management

Programa Corporativo De Dirección, Business Administration And Management, General

Executive Development Course

Executive Development Diploma

Corporate Finance Diploma

Mexican Stock Market

Economics, Investment Projects