BNP PARIBAS RCC INC.
Job Title: Assistant Vice President, Credit Analyst (Financial Sponsor)
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Prepare credit memos on new deals and annual reviews for extensions of credit to private equity funds, private credit funds, business development companies and asset management companies. Perform financial, industry and risk analysis to support derivative, financing and lending activity to this client base. Work with relationship managers, business lines, risk partners, legal and clients to ensure proper structuring of new transactions and credit terms in legal agreements. Assign internal risk ratings for clients and deals to drive capital requirements and internal approval delegation. Utilize internal credit analytics tools to simulate counterparty credit risk exposures and mitigate limit breaches. Evaluate complex structures of private equity/credit funds and recommend appropriate remedies for risk mitigation through guarantees and other legal protections. Lead due diligence calls / meetings with clients to evaluate key risk factors including entity structure, leverage, liquidity, investor base composition and trading strategy. Train junior team members on key credit skills and considerations to ensure no credit losses for the firm. Participate in ad-hoc projects for improvements in credit risk frameworks, tools and senior level industry analysis around the sector specialty. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Paribas RCC, Inc. office in New York, NY.
SALARY: $140,000 - $150,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor's degree (US or Foreign Equivalent) in Finance, Economics, or related field and three (3) years of experience in offered or related roles. Must have three (3) year of experience with: Financial Sponsors and Alternative Funds; Analyzing Financial Statements of Private Investment Funds, including leverage, liquidity, performance, portfolio diversification and asset quality; Counterparty Credit Risk focused on fund structures, market dynamics for illiquid alternative funds and structuring deals and credit proposals; Expertise in banking products, covering both lending (capital call subscription lines, BDC revolvers, NAV lending) and capital markets (FX and rates hedging, loan TRS, repo, Prime Brokerage) offerings; Familiarity with credit terms in key legal agreements which include ISDA, GMRA, and loan documentation; Knowhow of Private Equity and Private Credit Financing; Proficiency in MS Tools; Portfolio Management.
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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