CREDIT TRANSACTION MANAGEMENT CAPITAL MARKETS OFFICER
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
CIB
BNP Paribas Corporate & Institutional Banking provides large companies, multinationals and financial institutions with various solutions in the areas of advisory, financing, transactional banking, capital markets, settlement, clearing and custody of securities, asset and fund management services and solutions for corporate issuers. It has 620 professionals in Spain with offices in Madrid, Barcelona, Bilbao and Coruña. The entity has a network present in 56 countries.
MISSION
The CTM Capital Markets Officer is involved in setting up and monitoring financing operations and is in direct contact with the Front Office on all matters relating to deals, in particular to ensure the feasibility of their "operability". The officer is also in charge of the accurate translation of the operations in the Bank’s systems and official reports until the reimbursements of the deals. The Middle Officer for “Structured Credit” Products ensures that the rules applicable to BNP Paribas (accounting, regulatory, legal, ALM – Asset Liability Management, etc.) are complied with in each transaction.
RESPONSIBILITIES
▪ To monitor the portfolio, the Middle Officer will interact with a large number of stakeholders: clients for bilateral deals, lawyers, Back Office, ITO 3 C, Risk, Finance, Tax, Legal Affairs, ALM, … Liaise with the Front Office upstream of the signatures of the documentation; assistance during the negotiation phase on technical and legal points of the Documentation.
▪ Involvement in the verification chain of KYC and Customer Bases.
▪ Understanding of the specificities of deals; if necessary, search for solutions or agreements with Finance, Tax Affairs, Legal Affairs, etc.
▪ Research in the Financing Contracts relevant data to send instructions to the Back Office for encoding it in the Bank's systems (Risk and Accounting) and the its materialization in files (Excel; AFIF).
▪ Verification that the Conditions Precedents (CPs) or the first drawdowns are met, particularly on bilateral deals.
▪ Follow-up of drawdowns and renewal of facilities, early repayments, follow-up of insurance and sub-participations. Follow-up of events throughout the lifecycle (amendments; changes of Shareholders; Acquisitions...).
▪ Application of Booking Rules, Sharing Charters and Transfer Pricing Agreement (TPA).
▪ Study and analysis of up front commissions in order to comply with Accounting Standards before accounting instructions.
▪ Analysis of the Guarantees Received in connection with the Business and with the assistance of the Internal Lawyers. Instructions for recordings then follow-up of events and of the obligations of Borrowers to Lenders (static data) for recording in the Covenant Manager tool. Materialization of data and controls in various systems (Excel; FISAC Tool, MyC, LIQ).
▪ Monitoring of profitability and in particular of Liquidity Costs; link with the ALM.
SKILLS
Soft skills :
- Communication and interpersonal skills: Effective communication with various stakeholders, including front office, tax, legal, and other teams, to gather information and resolve issues.
- Proactivity and initiative : Ability to conduct thorough investigations, gather relevant information, and analyze data to resolve complex issues.
- Stress management: Ability to work effectively in a stress environment, managing multiple priorities and deadlines while maintaining a calm and professional demeanor.
- Time management and organization: Ability to prioritize tasks, manage multiple tasks simultaneously, and meet deadlines in a fast-paced environment.
Technical skills :
- Knowledge and understanding of Loan documentation in Structured finance transactions
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• Hybrid telecommuting model (50%).
• 32 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively 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/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
