About the job
- The Credit & Asset Management team within AFS is hiring an analyst to support the business. The analyst will be focusing on the underlying collateral (leveraged loans issues by US issuers) of the facilities structured (more specifically the BDC Revolving Credit Facilities), and the non-financing risks faced by the business
- The analyst will develop a strong understanding of fundamental credit analysis and the US economy. The analyst will be important in the decision-making capabilities of the Structuring team in NY in regard to assets and client management. Through reading, analysis, and participation in team’s meetings, the analyst will be responsible for the dissemination of leveraged loan market insights inside BNPP. Additionally, the analyst will be critical in the management of non-financial risks for the business
Your Main Activities Are
- Portfolio Management: will maintain and feed the Portfolio Management system with daily dataset (external reports, ratings report, pricing reports…) and run report/dashboard to ensure highest data quality; Maintain transactions/portfolio static data into the Portfolio Management system and generate relevant reports covering both static and dynamic parameters; Assist the Portfolio Management activity but assisting in tracking covenants of the facilities; maintain borrowing bases and report to the structuring team on results
- Data Management: Will assist in the maintenance of the credit database, including creating new entries, updating existing entries, preparing financial models, and troubleshooting errors; Maintain and organize the deal document directory, including information sent by clients or posted on shared data sites and propose improvements and work with the vendor and ITO team to improve Portfolio Management capabilities
- Credit Management: Will conduct credit analysis such as performing fundamental analysis on leveraged borrowers, including reviewing company financials, transactions, marketing documents as well as analysing earnings & lender calls, identify key credit strengths, risks and mitigants, analyze various capital structure scenarios and conduct cash flow & valuation analysis; Assist credit analysts in evaluating legal documents including credit agreements, bankruptcy filings, guarantee and security agreements, intercreditor agreements and indentures; Update, maintain, enhance the credit platform where all the analyst notes and metrics on Loan Issuers are recorded and report on clients’ behaviour
- Reporting: Will leverage the credit database to aid in data analysis, exposure breakdowns, and internal reports; Assist with creating monthly reports to be uploaded into the credit database and run stress test scenarios and report to appropriate stakeholders
- Monitoring of non-financial risks: will do the reporting reconciliation between different data sources; Cash tracing of assets and validation of existence of assets when possible; Validation of models (borrowing bases) through audit of formulas and maintenance of shadow models; Verification of asset ownership through various audit of legal documents and solidify the non-financial risk monitoring framework and report accordingly to internal stakeholders
Profile and Skills to Success
- Master’s degree in Finance, Management or Economics
- Up to 2 years of relevant professional experience
- Fluency in English and excellent communication skills, both oral and written
- Proficiency in Microsoft Office tools, particularly Excel
- Great team spirit and ability to collaborate with others
- Attention to detail with an analytical approach and ability to synthesize complex information
- The selected candidate can be based in Lisbon or Porto, according to its preference
About the Team
- Fully integrated in the BNP Paribas Group, BNP Paribas Corporate and Institutional Banking (CIB) is a leading provider of solutions to two client franchises: corporates and institutions, and operates across EMEA (Europe Middle East Africa), APAC (Asia Pacific) and the Americas. The bank is a global leader in Debt Capital Markets and Derivatives. It is a top European house in Equity Capital Markets and it has leading franchises in Specialized Financing. In Securities Services, it is a top five House worldwide. BNP Paribas CIB strives to service the global economy by providing solutions to its clients in financing (equity capital markets, debt capital markets, specialized financing), flow banking (trade finance and cash management), financial advisory (M&A, project finance), global markets (interest rates, credit, foreign exchange, equity derivatives), risk management, and securities services
#LI-Hybrid
Why joining BNP Paribas?
BNP Paribas, the European leader in banking and financial services in Europe, operates in 64 countries and has nearly 180,000 employees. The Group is structured around three operating divisions. Its business lines cooperate closely, as part of our integrated model, to meet the needs of all our clients in a coordinated manner:
- Corporate & Institutional Banking (CIB), connects corporate clients needing financing and institutional clients looking for investment opportunities;
- Commercial, Personal Banking & Services (CPBS), brings together all the Group’s commercial & personal banking and several specialised businesses;
- Investment & Protection Services (IPS), combines a unique continuum of products and services across protection, saving, investment and real-estate.
Our presence in Portugal
In Portugal since 1985, BNP Paribas today has more than 9.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centres providing value-added services to various countries where the BNP Paribas Group also operates.
Diversity and Inclusion Commitment
BNP Paribas´ ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility - Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:
- Promote a fair and unbiased recruitment process and offer professional development opportunities to all employees;
- Celebrate diversity and advocate for inclusion, both externally and internally, encouraging employee’s participation, creating space for different voices to be heard.
To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.
Remote Working Conditions
At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices.
Commitment towards work/life balance
Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life.
To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.
* Please note that only applications submitted in English will be considered.
* In case you are selected for this role, further documentation will be requested to support your hiring process.
