Senior Credit Middle Office Expert

• Stability: we build upon our solid, long-term oriented management, our diversified and integrated business model and our international footprint. 
• Expertise: we build upon our recognized and expanding knowledge of our teams. 
• Responsibility: we build upon our culture of responsibility and integrity to ever better serve the interest of our customers 
• Good Place to Work: we foster a stimulating workplace where people are treated fairly and with respect

Role

The Middle-Office is an independent Control Function supporting all Financing Activities in Dublin establishing a structured Control & Support Layer between the Business Lines and the Functions. The Role of the Credit Middle Office Expert is two-fold a) Supporting the Business structure & onboard New Products/Credits and b) Controlling the Credit from Drawdown through to Reimbursement and managing deal lifecycle events.

Dublin Branch being the Supply Chain financing Hub for BNPP CIB EMEA: Payables, Receivables and Inventory financing represent most of our portfolio. We are also managing vanilla corporates loans or guarantees. 

The Role is within the Middle-Office. The Middle-Office is truly in the Middle and in this respect with direct control responsibilities & also a co-ordination/conductor role with the Business Line and Functions. The Credit Middle Office Expert develops and maintains the knowledge base of the Credit Products and maintains a live view on the control status.  

The Business Line assumes overall accountability with the execution delegated to the Middle-Office. The Senior Credit Product Expert & Controller shall always escalate on a timely basis any issues. The Credit Middle Office Expert provides valuable Management Analytical Reporting supporting the Business Development and assurance of the control associated to the different Credits. 

This Role directly contributes to the Operational Risk Security of the End-to-End Credit Chain & accordingly must develop, maintain a complete knowledge of the Credit Control Plan.

Key Responsibilities

Onboarding & Design 

• Credits Entry Point & Co-ordinator with Functions  
• Onboarding of New Products & Structures:  
  • Supporting the Business & Client at the early stages before the Credit has been signed.  
  • Be the champion of Product Standardization & accountable for exceptions validation 
  • Being the Product Expert and Bridge to the Functions for implementation. Working internal organization team – Business Solution - to design & update Process Maps where required. Working with Operational Control Teams to design & update the Control Framework where required. 
  • is a co-designer role with the Business-Line providing an independent control ensuring that New Structures Implementation are well mapped and secure before drawdown. 
• Key Contributor when the business is launching new products, New Activity Committees or New Transactions Committees, while maintaining the List of Credit Products we provide with the specifics by Programme 
• Maintaining the Agreed Pricing conditions, confirming the implementation of changes with Operations – throughout the Credit Life Cycle 

Credit Life Cycle 

• Guardian of all Credit Documentation providing a central easy access to the Bank via the agreed respective Electronic Storage Repositories    
• Pre-Funding Memo, co-ordinating and controlling with the Business Line and Functions that all approvals and conditions are in place prior to 1st drawdown. 
• Collection of conditions Precedent/Subsequent  
• Facility Approvals; monitoring the Annual Reviews & Expiries – following with the respective SCOs & RMs to obtain the Credit Decisions/Approvals on a timely basis 
• Covenant Management; inputs & follow-up of covenants, financial & non financial – for bilateral facilities and participations 
• Insurance Monitoring; Controlling the events associated to Collateral, Expiry dates, Premiums, checklists, conditions, renewals 
• Participations Monitoring IN (where BNPP is participating in other Lead Bank Deals); calculations of fees received controlling against expected, review of daily and monthly reports received, escalation to Business   
• Participations Monitoring OUT (we are lead), managing fees calculations, funding.  
• Participations Reporting – Prepare regular reports on Participations (inc. Risk Participations) – Monitoring of expiry dates on all SBLCs/accreditifs received with monthly summary of upcoming events 
• Payable and Receivables manual Submissions managing full execution: drawdown conditions precedents, calculations, tenors, payment instructions, communication with client, etc  
• Business Analytics: Preparation of ad-hoc reports for Clients and Marketers. Including Swift confirmations to Clients. Client Audit Cert requests, Client, utilisations 
• Regulatory Reporting: Key point of contact for Finance for Credit Regulatory Reporting with respect to utilisations 

Qualifications & Experience required for this role

• Previous Experience of a Supply Chain Financing / Corporate Banking environment an Advantage 
• Autonomy  
• Discipline & Control orientation 
• Strong Organization & Communication Skills 
• Proven ability to influence and interact with senior stakeholders  
• Strong analytical, organizational and problem-solving skills 
• Proficient knowledge of Excel, Word, Powerpoint  
• Ability to converse in French an advantage but not essential.  
• Be a role model, supporting and fostering a culture of good conduct 
• Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks 
• Consider the implications of your actions on colleagues, partners and clients before making decisions, and escalate issues to your manager when unsure 
• Previous People Leader experience welcome but not essential.