Transportation Capital Markets APAC - Transaction Management - Associate

Job Title: Transportation Capital Markets APAC – Transaction Management Team Associate

Department: Global Capital Markets

Location: Singapore

The Transportation team is responsible for (i) marketing, structuring and executing aircraft and ship financing transactions and (ii) managing the relationship with most transportation clients in Asia Pacific. The candidate will belong to the Transaction Management Team within Transportation Capital Market APAC, and will primarily support the relationship managers and head of TMT team in handling KYC-related matters and processes and legal documentation processes to secure all execution steps from completion of marketing phase to closing, and then manage portfolio of financing transactions over their lifetime. It would also lead to some involvement in marketing to align with execution requirements.

Key Responsibilities

• KYC (on-boarding and recertification) and account opening. At the onset KYC may represent a significant part of the workscope.
• Documentation (new aviation / shipping loan, waiver and amendment, sell-down, discharge, general banking facility) – negotiation, execution and safe-keeping process,
• Covenants (monitoring aircraft / marine insurance, credit insurance, SBLC / Guarantees, financial covenants, VTL coverage, retention of earnings)
• Trust Control (screening on Key-Stakeholders, “Stop & Go” and “Know your Transaction” frameworks, completing e-Financial Sanctions Checklist, regular screening on all financed vessels, Vessels’ tracking),
• Fee / income – receipt monitoring
• Day-to-Day Operations (Audit Confirmation, Cash Management referrals, Anti-Money Laundering and Counter-Terrorism Financing (“AML-CTF”) monitoring, Currency Option monitoring)
• Preparing management reports

Competencies (Technical / Behavioral)

• Open to work on very diverse structures and products, able to work under occasional high pressure
• Clear presentation, synthesis and communication skills
• Strong work ethic, team spirit and interpersonal skills
• Analytical approach to problem solving
• Some previous experience in transportation finance (aviation or shipping) is a plus

Specific Qualifications Required

• Degree holder 

About BNP Paribas Group:

As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance. 

We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.

• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community

• BNP Paribas MixCity which fosters better representation of women at all levels of the organization

• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness

• BNP Paribas CulturAll which celebrates diverse backgrounds

BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.

https://careers.apac.bnpparibas/

More information 

Award Obtained

BNPP has won Top employer Europe award in a 10th consecutive year