Business Overview:
Corporate Credit Management (“CCM”) is a transversal Team in support of the approximately 800 Corporate Clients of the North American platform. The CCM Team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. The portfolio of clients consists of investment grade, high yield, and LBO groups. In the role, the Senior Credit Analyst will interact and develop strong relationships with Bankers (i.e. Coverage), Risk partners, Delegation Holders, and Product Teams (among others, FX, IRD, Commodity, Equity, Global Trade Solutions, Loan Capital Markets, and Leveraged Finance Teams) including coordinating the credit process amongst the various Product and Risk teams to ensure an efficient and smooth turnaround of transactions. The CCM team is organized into 8 sectors, namely Transportation, Consumer Products, Healthcare, Media & Telecom, Tech, Industrials, Gaming & Leisure, and Low Carbon Energy Transition.
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
- Results and Impact
- Able to influence peers and team.
- Demonstrates good judgement when making decisions of high complexity and impact.
- Exercise appropriate autonomy in the execution and delivery of work.
- Responsible for driving outcomes, which have meaningful effect on team or department.
- Leadership and Collaboration:
- Creates trust with colleagues.
- Acts in leadership capacity for projects, processes, or programs.
- Client, Customer and Stakeholder Focus:
- Able to build relationships with a mix of colleagues and clients.
- Interacts regularly with management and department leaders.
- Demonstrates the ability to influence stakeholders at the team level.
- Compliance Culture and Conduct:
- Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
- Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
The Credit Analyst (Vice President) will be responsible for managing corporate & LBO client relationships from a credit perspective and for working on new client deals along with other colleagues (Analyst to Managing Director). Core tasks and responsibilities include (among others):
- Perform credit analysis and prepare thorough and in-depth credit memoranda for assigned North American Technology clients. This includes managing and monitoring the credit quality of a portfolio of assigned North American sector clients and providing solid recommendations to support decision makers. This will apply when working on new clients, new transactions, annual reviews, facility renewals, amendments & waiver requests, and quarterly monitoring updates. Tasks include:
- In depth analysis of borrowers’ financial statements (full-year and quarterly), financial covenant compliance certificates, related historical series, quantitative ratio analyses and performance metric assessment.
- Analyze high levels of quantitative historical data as foundation to perform forward looking projections at company-specific and sector level.
- Keep key stakeholders abreast of sector/market and industry trends and possible headwinds/tailwinds due to changes in macro-economic dynamics and advise them regarding best course of actions to maintain assumed risks under control.
- Evaluate clients/transactions for risk-related changes of counterparty rating, recovery at default (inclusive of collateral analysis), and applicable regulatory facility rating.
- Utilize qualitative / quantitative information available in Lenders Presentations, press releases, news articles, rating agency reports, equity analyst reports, and industry researches and trends, etc.
- Actively participate in deal teams with relevant stakeholders to drive the credit process for new origination activity for prospects, new clients and existing relationships. This includes presenting and discussing in-scope analyses during Credit Committees.
- Maintain reporting related to the assigned portfolio including among other things loan exposure tracking, regulatory related requirements, and other general reports for internal / external uses.
- Act as a team player supporting and working with other team members, bringing value and contributing to the success of the larger team.
- Interact with other BNPP teams in EMEA, LATAM and APAC to coordinate on client strategy as well as ad-hoc projects pertaining the sector portfolio.
- Interact with internal and external auditors (such as ECB and FED representatives) during loan examinations.
- Mentor juniors and be a team player supporting and working with other team members, bringing value and contributing to the success of the Team
Minimum Required Qualifications:
- Degree in Finance or Accounting
- Minimum of 4 years of prior experience in corporate banking (preferably covering Technology in corporate credit management with M&A/LBO prior experience) and/or at rating agencies covering sector companies
- Solid knowledge of financial statement analysis and robust fundamental corporate credit analysis skillset
- Good knowledge of general banking products and banking practices including a strong understanding of loan structure, terms and credit agreements
- Advanced projection modeling skills
- Strong business writing skills
- Proficiency in Word and Excel
- Highly organized, motivated and hard working with strong business writing and verbal skills
- Ability to confidently operate independently and to constructively interact with more experimented stakeholders
Preferred Qualifications:
· Master in Finance or Accounting
· CFA (or CFA candidacy)
· Completion of formal credit training courses
FINRA Registrations Required:
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
SEC Security-Based Swap Dealer Associated Person:
While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.
The expected starting salary range for this position is between $165,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
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