Credit Portfolio Manager

About the job:

Global Securitised Products (GSP) covers several businesses, including Asset-Backed Securities (ABS), Collateralized Loan Obligation (CLO) & Private Debt Financing. SPG works with corporate and institutional clients, to provide them with financing, risk transfer and capital markets access, through securitisation transactions across a range of asset classes.

SPF is a strategic activity of BNPP that sits within the Asset Financing and Securitization Platform. The team consists of professionals with experience in the financing of leveraged loan portfolios, and the warehousing, structuring, arranging and placing credit securitization transactions. 

Your main activities are:

1. Credit Management:

• Conduct rigorous credit analysis including fundamental analysis on leveraged borrowers, reviewing financials, transactions, and marketing documents
• Assist credit analysts in evaluating legal documents including credit agreements, bankruptcy filings, guarantee and security agreements, intercreditor agreements and indentures.
• Ensure the regular risk monitoring and maintenance of the portfolio of transactions, including

•       annual reviews
•       quarterly rating and capital review processes
•        weekly update regarding the quality of the assets

2. Monitoring of non-financial risks

• Reporting reconciliation between different data sources 
• Cash tracing of assets and validation of existence of assets
• Validation of models (borrowing bases) through audit of formulas and maintenance of shadow models
• Verification of asset ownership through various audit of legal documents
• Solidify the non-financial risk monitoring framework and report accordingly to internal stakeholders

3. Portfolio Management
   

• Maintain and feed the Portfolio Management system with data and ensure its quality
• Track covenants of the facilities; maintain borrowing bases and report results to the structuring team 

4. Data Management:

• Assist in maintaining the credit database, creating new entries, updating existing entries, preparing financial models, and troubleshooting errors
• Organize the deal document directory, including information sent by clients or posted on shared data sites

5. Reporting:

• Leverage the credit database for data analysis, exposure breakdowns, and internal reports
• Assist with creating reports for the credit database and contribute to overall credit research task

6. Transversal Projects:

• Spearhead ad-hoc credit analytics projects such as the BNPP Core Middle Market Index and Quarterly Update of Top Manager 

Profile and Skills for Success

• Undergraduate degree with a quantitative emphasis. Master’s degree with finance curriculum preferred
• Fluency in English and excellent communication skills.
• Proficient use of Excel. VBA, database and programming are a plus
• Great team spirit and ability to collaborate with others.
• Attention to detail with an analytical approach and ability to synthesize complex information.

#LI-Hybrid

Why joining BNP Paribas? 

Leading player in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe 

The Group holds key positions in several areas of banking and financial services that are structured around three operating divisions:

In Portugal since 1985, BNP Paribas today has more than 9.220 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 centres of expertise providing value-added services to various countries where the BNP Paribas Group also operates.

BNP Paribas ´ambition is to cultivate an open and responsive environment for all that encourages collaboration and interaction. We demonstrate our commitment by actively contributing to the Group’s Diversity and Inclusion strategy and goals, in line with the United Nations Sustainable Development Goals. As part of our local Corporate and Social Responsibility – Diversity & Inclusion strategy, BNP Paribas Portugal is committed to:

To foster the effort of BNP Paribas Portugal, multiple initiatives and events take place throughout the year where our people can find out more on the importance of diversity inclusion at the workplace and in our society.

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working options adapted to our hybrid working environment. To ensure a comfortable and efficient working setup, eligible employees are provided with both office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional items at reduced prices. 

Supporting employees in a hybrid way of working while providing them with the means to maintain a work-life balance is an essential dimension of our Smart Working program. At BNP Paribas, we care about our employees’ wellbeing and promote a culture of good integration between work and personal life. 

To find out more on why you should join BNP Paribas please read our Employee Value Proposition and our Career path page.

* Please note that only applications submitted in English will be considered. 

* In case you are selected for this role, further documentation will be requested to support your hiring process.