Trainee - Credit structuring (M/F)

 BGL BNP Paribas, belonging to BNP Paribas group, is the largest financial institution and one of the largest corporate in Luxembourg.

 BGL BNP Paribas enjoys a leadership position in Luxembourg, when it comes to the international transactions. The Corporate Banking Division (so called “Banque des Entreprises”) has had a strong growth for many years, encompassing all its business lines. It manages a large spectrum of Corporate Clients, both local and international.

In order to support its fast growing business, we are looking for a :

Trainee - Credit structuring (M/F)

6 months

 You must provide an internship agreement covering the entire period of the internship

Your mission :

Credit Structurers are key stakeholders of BEL “Banque des Entreprises au Luxembourg”, on whom the Bank can rely for their expertise and objectivity in analyzing corporates and SMEs and in structuring financing while combining a risk awareness and a commercial approach.

They are therefore responsible for:

• Structuring credit transaction with the RMs (Relationship Manager) and the clients
• Gathering appropriate client/transaction information (annual reports, business plan, organization chart, web site info, broker notes, due diligence with RM…) to be able to properly analyze, structure, negotiate and present transactions, optimizing the return within the context of the global relationship and taking into account the objectives of the bank
• Structuring term sheets (Facility type, borrower, guarantor, lender, amount, maturity, pricing, financial covenants, security…) with the RMs, the client and the Legal department the case needed
• Recap of the SWOT and risk mitigants and determines what information needs to be further collected to elaborate a credit offer to the client
• Attend client meetings – conference call, which are primarily focused on financial results - business plans – financing discussions
• Contributing to origination / pitch meetings jointly with the RMs and other business lines.
• Delivering a complete, synthetic and coherent up-to-date memo on the transaction, based on facts, compliant with bank’s guidelines with the RMs and other parties involved.
• Guaranteeing the quality of the financial spreadsheet/business plan, the counterparty, financial and sector analysis and present the transaction analysis.
• Completing Credit Proposals with the RM enabling Credit Committee to take an informed decision.
• Leveraging on his/her expertise, the Credit Structurer discusses transaction issues with the RM and various stakeholders within the bank. Should fundamental disagreements arise, the issue can be referred to the hierarchy for guidance through pre-screening in due time

Other :

• Dissemination of relevant information/alert to the appropriate audience in case of major event or material evolution that could impact portfolio credit quality
• Contribute actively to the quality and integrity of client data, in particular data used in the credit process for the assessment of a client’s risk parameters or credit risk
• Alert on any identified risk, including compliance issues
• Contribute to global portfolio reports
• Sharing information and developing intelligence notably on sectorial knowledge through
• Contribute to continuous improvement initiatives (team, processes…) with active participation in dedicated workshops
• Maintenance of a low level of overdue files in coordination with the RMs

Advantages of the position:

This position offers a real opportunity to develop your financial, analytical and credit analysis skills within a leading international banking group.

We are working on a mix of plain vanilla and complex credit files for European and international clients operating in various industries and from various size: start-up to large corporates.

We are a dynamic, transversal and international team working in a demanding and competitive environment with direct clients and top management inter-actions.

Working environment:

The department is dedicated to professional local and international clients. Its business is growing year on year in all the activities. As a part of it, you actively participate in its success.

Your profile:

Education:

Business school, university with a major in Finance or Economics.

Behavioural Skills:

• Ability to collaborate / Teamwork
• Attention to detail / rigor
• Organizational skills
• Adaptability
• Ability to deliver / Results driven
• Communication skills - oral & written
• Client focused
• Critical thinking

Transversal Skills:

• Analytical Ability
• Ability to set up relevant performance indicators

Language Skills:

Fluent in English - French / (German and/or Luxemburgish is considered as a plus)