BNP Paribas Securities Corp
Job Title: Associate, Credit Solutions
Location: 787 Seventh Avenue, New York, NY 10019
Duties: Assist in the origination, structuring, portfolio management and syndication of structured finance transactions. Leverage BNP’s expertise in various asset classes by partnering with other business lines within Asset Finance & Securitization. Develop relationships with existing and prospective clients for the CLO & Senior Portfolio Financing (SPF) business, coordinating with Sales & Financial Institutions Coverage (FIC). Evaluate and identify the leverage needs of Direct Lending & other Credit investors and propose financing solutions as applicable. Provide analytical and project support on new and existing transactions. Prepare and present credit risk memos for credit risk committees in connection with mandated transactions and amendments. Model financial transactions using Excel for internal risk assessment. Maintain internal financial models and analyze business risks, capital structure, terms, valuation, and liquidity.
SALARY: $180,107.00 USD to $200,000.00 USD/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Bachelor's degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and five (5) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience OR Master’s degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and three (3) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience. Must have five (5) years of experience (or 3 with Master’s) with: Using securitization technology to provide structured credit solutions across various product types including ABLs, warehouses, TRS, rated products; Building borrowing base and other cash flow models to underwrite a portfolio of credit assets; Preparing credit memos outlining the structural protections and asset performance of underlying assets; Evaluating portfolios across Direct Lending, Opportunistic credit and Asset backed finance to originate transactions; Assisting in the pricing and distribution of bank held tranches to co lenders and other credit investors; and Analyzing the credit strengths and risk/ mitigants of transactions across corporate credit and other asset backed financings. FINRA Registrations Required: Series 7, 63 and SIE.
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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