Business Overview:
The Leveraged Finance (“LF”) Group mandate is to provide financing for leveraged buy-outs, recapitalizations, corporate acquisitions and refinancings. LF is focused on originating, structuring, and leading non-investment grade debt financings for corporates and financial sponsors.
The Leveraged Finance group is seeking a team player with excellent communication, process management, credit evaluation and analytical skills for the position of Vice President. The Vice President is primarily responsible for executing leveraged lead transactions (both high yield and leveraged loans, lead left and passive lead), managing the due diligence process with issuers and private equity clients, leading the internal deal team process as well as serving in a support capacity for the outbound marketing activity of the Senior Originators. Additionally, the Vice President will be responsible for overseeing the production and content of materials for internal approval committees, for syndication purposes and for marketing efforts. The Vice President will also provide instructions and learning opportunities regarding High Yield and syndicated loan products to analysts and associates. The Vice President will participate in marketing activities, including making presentations to clients regarding leveraged financed products. The coverage territory is the Americas. Lastly, the Vice President will get the opportunity to gradually focus on mutually agreed sectors to ensure consistency and sector expertise.
In this role, the Vice President must have a demonstrated knowledge of the syndicated loan and High Yield Bond markets and the corresponding products. The Vice President must be able to communicate effectively in both written and verbal forms. They will be expected to act as the primary representative of Leveraged Finance team to internal constituents for the purposes of internal process approvals, in reviewing commitment papers and credit agreements and responding to questions from RISK officers and other constituents. The VP will supervise the creation of financial forecast models and other credit analyses as well as the creation of power point presentations and act as an instructor for junior team members on the fundamentals of financial accounting and corporate finance. This is a great opportunity to gain credit and marketing experience and exposure to all parts of the deal process for both the syndicated bank loan and the HY bond markets.
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:
- Support Senior Originators marketing efforts
- Manage the due diligence process with issuers and private equity clients
- Lead credit analysis and credit proposal process, managing junior team members
- - Supervising the production of financial models
- Presenting to and coordinating with Risk for credit approvals
- Prepare marketing materials, presentations and Confidential Information Memorandum
- Develop extensive network of internal BNP Paribas contacts.
- Assist in deal execution activities
Minimum Required Qualifications:
• 3-6 years of previous work experience in a similar product area
• Bachelor's Degree, Master’s degree with finance curriculum preferred
• Demonstrated knowledge of the syndicated loan and/or debt capital markets and the corresponding products
• Ability to think critically and solve problems
• Must have a strong work ethic
• Strong written and verbal communication skills
• Technical skills – strong Excel and mathematical proficiency
Preferred Qualifications:
N/A
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 $250,000 to $265,000 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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