Vice President M&A - Advisory Iberia -
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
CIB
BNP Paribas Corporate & Institutional Banking provides large companies, multinationals and financial institutions with various solutions in the areas of advisory, financing, transactional banking, capital markets, settlement, clearing and custody of securities, asset and fund management services and solutions for corporate issuers. It has 620 professionals in Spain with offices in Madrid, Barcelona, Bilbao and Coruña. The entity has a network present in 56 countries.
Global Banking focuses on 4 main business areas: Corporate Clients Group, Capital Markets, Low Carbon Transition Group and Transaction Banking.
This role sits within the Corporate Clients Group (CCG), which is responsible for managing the relationship worldwide between BNP Paribas and its corporate clients, facilitating access to the Bank’s complete and integrated product offering across the Iberia platform and worldwide. The CCG also includes the Advisory team, responsible for the origination and execution of corporate finance and M&A advisory services.
The Advisory and Industry Groups teams support their clients all along their external growth projects or asset disposal processes, from the early identification of opportunities and definition of the most suited solution, to the negotiation and full implementation of the transactions.
The Advisory and Industry Group teams are responsible for bringing strategic solutions on mergers and acquisitions to clients. This advice is supported by the expertise across 6 key sectors: (i) Consumer, Retail, Healthcare (CRH), (ii) Industrials, (iii) Infrastructure, Transport & Environment (ITE), (iv) Low Carbon Transition Group (LCTG), (v) TMT and (vi) Real Estate. The team works on domestic, cross-border, international buy-side and sell-side transactions for corporate, private equity and government clients.
Mission
As a Vice President, the role holder will be accountable for ensuring excellence on all deliverables related to marketing, executing and regulation within Advisory Teams (M&A EMEA and Industry Groups), with a focus on M&A transactions covered by Advisory Iberia. Co-ordinates junior colleagues and handles complex analyses with autonomy, whilst exercising sound judgment on when to escalate issues to more senior colleagues.
Activities
• Accountable for providing excellence in relation to key activities within the Advisory Iberia team as a senior team member with substantial experience in the relevant area and Global Banking as a whole. This will include delivering, with appropriate supervision where required, tasks such as:
o Manage day-to-day execution of deal activity across the M&A process, ensuring timeliness and quality of work produced for deal preparation by Analysts and Associates;
o Lead pitch process from start to finish;
o Maintains a high degree of market awareness, and helps to identify new business opportunities by thinking commercially about client’s business;
o Participate in, and where appropriate leads client meetings either jointly or on a sole basis. Interacts directly with clients and with other advisors (lawyers, co-advisors, etc) at an appropriate level;
o Liaising with portfolio management and other internal teams to effectively hand over responsibility for new deals following closing.
• Applies knowledge to perform complex task sand solve complex issues in creative and effective ways as well as to assist with the management of workstreams where required. Utilises expertise to make independent judgments to deal with a variety of situations, but refers atypical and particularly complex matters to more senior colleagues for input where appropriate.
• Manages workstreams and ensures the quality of deliverables. Co-ordinates the planning of work of junior colleagues, and often supervises their day to day activities and trains them to support their development.
• Influences and supports members of the Advisory Iberia team by leading in decision making and approach where problems are more complex and require sophisticated analysis or experience. Acts as a point of escalation for more junior staff. Challenges senior officers on both commercial and technical aspects of transactions.
Manages relationships with internal stakeholders and clients independently. Leads commercial conversations with clients under strategic guidance from senior colleagues.
Knowledge, Skill and Experience
• Professional qualification required with expert understanding of M&A, typically gained at BNP Paribas or within another top tier investment bank.
• In depth knowledge of processes within the EAG team with advanced understanding of Advisory Iberia, and strong knowledge of process within Global Banking. Good working knowledge of a wide range of company-wide policies, procedures regulations and legislation. Able to utilise knowledge and experience to implement effective operating practices in the team.
• In depth knowledge of M&A products and services including transaction structuring and analysis, valuation, fairness opinions, capital increases, IPOs, privatisations, etc. Ability to analyse and prepare transaction structures, with a solid understanding of the transaction process from end-to-end.
• Strong analytical and valuation skills (including knowledge of integrated financial statements models, comparable companies, comparable transactions, DCF, LBO models), with the ability to translate technical concepts and provide specialist guidance and advice to others. Able to construct a broad point of view and market convictions.
• Strong stakeholder and good people management skills to ensure the delivery of timely and commercial solutions for clients.
• Adept at receiving and synthesizing information, with a strong understanding of financial markets.
• Excellent written and oral English skills in order to articulate technical issues and to be able to take the complex and make simple to enable effective communication with individuals across the business.
• Strong personal focus on accuracy and attention to detail and able to review and improve work of more junior colleagues.
• Strong computer skills and a good knowledge of a range of standard computer software, e.g., Microsoft Office, email. Experience in using investment banking databases (e.g. FactSet, Capital IQ, Dealogic, Bloomberg).
• Good citizen behaviour, embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethics, integrity, Code of Conduct).
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• 31 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
