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Associate - FIC ICAT Hedge Funds

Horaires
Temps plein
Métier
Risque
Marque
BNP Paribas Corporate & Institutional Banking
Niveau d'études
Niveau Bac+4/5
Désolé, cette offre est déjà pourvue
Mise à jour le 08.05.2024

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 73 countries, with more than 196,000 employees, including around 149,000 in Europe. The Group has key positions in its three main activities: Domestic Markets, International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors.

BNP Paribas Corporate and Institutional Banking is a globally recognised leader offering capital markets, securities services, financing, treasury and advisory solutions.

Financial Institutions Coverage (FIC) is a global coverage group specializing in the Financial Institutions sector. FIC aims to build long-term relationships with key clients and gain insight into client strategy and targets to provide original and integrated ideas and solutions.

Within FIC, the Institutional Credit Analysis Team (ICAT) is responsible for completing the credit analysis for financial institutions clients (including due diligence when necessary).

In particular, the Team ensures that credit analysis and recommendations are provided in due time for Banks, Insurances, Sovereign, Brokers, other non-banks financial institutions, pensions funds, financial sponsors, hedge funds, regulated funds, funds of hedge funds, agency arrangements and asset managers. 

The ICAT Team performs credit analysis and provide credit recommendations on their respective perimeter to Credit Committees, Transaction Approval Committees when the credit opinion on a specific counterparty is required, other RISK entities, Business Units or functions in response to general enquiries, Portfolio review committees.

The ICAT Team

  • Guarantees the quality of credit files and portfolios (notably by complying with regulatory framework e.g. Basel III requirements and including credit policies, rating policies and other Group guidelines),
  • Develops local market intelligence by performing desk research (financial statement analysis, monitoring of published research),
  • Guarantees the selection and the follow up of counterparties considered Doubtful, under Watch List or sensitive list, evaluates the accurate level of provisioning
  • Maintains a network of Business contacts and performs on site due diligence, guarantees that available local market information and views on risk issues are communicated swiftly and effectively.


ICAT is a main partner for the Senior Credit Officers and their Business binomes” for the clients covered by the financial institution credit process and is also in permanent interaction with other business lines for uncovered clients

Our Values

Our staff well-being is an integral part of the “people care” values within our group and this is reflected in our award-winning flexible benefits package, flexible working environment and support for people’s health and well-being (https://www.standardlifepensions.com/wellbeing//health-and-wellbeing/mental-health.page). The culture fosters career longevity and internal mobility, while equally supporting new graduates and talents. Due to the varied mix of experience, fresh talents benefit from learning from long standing staff who are always happy to share and teach their extensive experience and wide breadth of knowledge.

Highly comprehensive internal training courses and programmes targeted at developing talents at all levels complement the training on the job.

Employees also connect through strong employee networks (Multicultural, LGBT, Gender Balance, Disability, Diversity and Inclusion, Early Career, Parents and Carers), social committees, sports and mentorships.

To find out more about why you should join BNP Paribas please visit our website or try some of the links below:

https://group.bnpparibas/en/careers/choose-bnp-paribas

https://group.bnpparibas/en/group/strategy-corporate-culture

https://group.bnpparibas/en/hottopics/diversity-inclusion/briefing

Job Purpose & Scope

  • Scope: Financial Institutions (mostly hedge funds, funds of hedge funds and financial sponsor funds, and to a lesser extent regulated funds, agency arrangements, asset managers)

Key Responsibilities

Mission

  • The credit analyst is responsible for completing credit analysis on a portfolio of Financial Institutions to facilitate informed credit decisions, particularly Hedge Funds.
  • Develop an in-depth understanding of the groups under his/her responsibility and develop market intelligence by investigating all available sources of credit and financial information.
  • Monitor permanently the portfolio under his/her responsibility to detect any credit issue requiring a specific review.
  • Conduct Annual and interim reviews. Produce in due time and present in Credit Committee a factual summary of client’s credit worthiness (credit proposal), compliant with the Bank’s guidelines. The credit proposal includes a recommendation on the ratings, the limits, the legal credit terms and the risk strategy vis-a-vis the client.
  • Day-to-day transaction approvals, quantifying risk for trade requests received from Front Office across the bank.
  • Prepare initial credit questionnaire for ISDA/CSA and other legal documents, and negotiation of credit-related terms in the legal docs.
  • Work in close collaboration with the Lisbon Credit Support Analysts, including providing the required trainings.
  • Develop a good knowledge of the banking environment: capital market products, legal documentations, accounting and regulatory environments.
  • Perform due diligences.
  • Perform portfolio reviews when required.
  • Keep abreast of the changing methodologies and credit policies 

Interactions with the Binome (clients under coverage) 

  • Interacts in full transparency with the Binome (SCO & FIC Relationship Manager).
  • Attend when necessary discussions forum under the leadership of the Binome.
  • Prepare credit proposal in the light of FIC commercial strategy, coverage memo, and of any material information (transaction or risks) provided by the RM Pilot or the Binome.
  • Contribute together with the Binome to the identification of the credit points that need to be discussed with the client (during Due Diligence for example).

Guarantee

  • Guarantee rigorous and synthetic credit risk analysis and recommendation (Annual review, ad hoc, credit notes, comparative analysis)
  • Guarantee the application of Bank’s procedures and policies and the consistency of Bank’s ratings
  • Guarantee the quality of the process and the timely delivery of the team’s output, notably Annual reviews in line with validated calendar.

Contribute

  • Contribute to the formalisation of the credit decisions in the credit workflow tool
  • Contribute to the risk strategy definition by providing recommendation on the risk profile of the counterparty and on specific transactions in relationship with the appropriate stakeholders
  • Contribute to the Bank’s reactivity vis-à-vis clients’ expectations by prioritizing urgent requests under his/her responsibility with his/her manager
  • Contribute to the quality of process : use adequately the credit process’ flow and workflow system,  maintain critical client data, interact efficiently ahead of credit committee with the various stakeholders of the credit process
  • Contribute to the development of policies, reports and risk tools, and to the Credit Process optimization
  • Contribute to sharing best practices among various teams.
  • Contribute to Credit Process optimization.

Interactions with Business Lines (uncovered clients)

  • Discuss the  requests of Credit limits with the Business Lines
  • Provide credit analysis and recommendation in the frame of AR or ad hoc Credit Committee on clients followed by Business Lines
  • Work with Business Lines to mitigate risk related to the counterparties
  • Ask for Due diligence ‘s meeting or credit review

The Requirements

Education:

Master’s Degree/MSc/Master 2 from Business School or University in Banking, Finance, Economics, Risk Management, Financial Markets or other relevant areas

Experience:

Extensive experience in the finance industry, preferably in credit analysis.

Languages: English (fluent)

Skills:

  • Strong and proven analytical skills (proficient)
  •  Adaptability and proactivity, multitasking
  • Strong presentation and communication skills (verbal and written) (expert)
  • Advanced knowledge of Microsoft Office (Word, Excel, PowerPoint) (proficient)
  • Solid knowledge and understanding of banking and financial markets (proficient)
  • Understanding of Corporate Banking and Capital Markets products (proficient)
  • Self-driven and organized (expert)
  • Rigorous and reliable

Preferred

  • Additional Language would be welcomed [French, German, Portuguese, Italian, Dutch, Arabic, Chinese…
  • Good knowledge of Legal documentations credit terms (ISDA, CSA…)
  • Understanding of funds financing business (legal documentation, credit mitigant…)

Equal Opportunities

BNP Paribas promotes equality of opportunity and is committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.

As an employee with BNP Paribas London Branch, we want to make sure that you are rewarded for your commitment. As such, you will be entitled to our award winning benefits package which includes a generous holiday allowance of at least 34 days (including bank holidays), a non-contributory pension of 12%, private healthcare, GP service and dental cover all as standard, along with a number of personal insurances such as income protection, life assurance and personal accident insurance. We believe in ensuring all our employees have a positive work life balance so in addition you will also have access to a variety of flexible lifestyle benefits such as cycle to work and green car leasing schemes, season ticket loans and reduced cinema and gym membership to name a few.

#LI-hybrid


Découvrez les métiers de BNP Paribas : Audit, Conformité, Risques et Juridique

Le paysage réglementaire de notre secteur évolue rapidement et nous nous devons d’être irréprochables ! Pour exercer un métier à fortes responsabilités et prendre part à des décisions stratégiques pour le bon fonctionnement de BNP Paribas, découvrez les opportunités offertes dans les métiers de l’audit, de la conformité, des risques et du juridique.

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Pourquoi je candidaterais ?

Pour quelles raisons je rejoindrais BNP Paribas et pas une autre entreprise ?

Parce que je souhaite...

  • Et si on vous disait que travailler dans notre Groupe, ce n’est pas ce que vous croyez ? Chez BNP Paribas, on exerce une multitude de métiers qui évoluent en permanence pour être en phase avec les attentes des clientes et clients comme de la société. Au travers d’actions du quotidien ou de grands projets, exercer l’un de nos métiers, c’est s’engager pour agir durablement.

  • Se sentir bien dans son job, c’est avant tout venir travailler comme on est.  C’est aussi avoir les moyens d’un bon équilibre entre sa vie professionnelle et sa vie personnelle. Deux engagements majeurs pour BNP Paribas.

  • Chez BNP Paribas, le développement de vos compétences est essentiel, pour vous comme pour nous. Et cela vous servira pour toute votre vie professionnelle.

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