BGL BNP Paribas is one of the largest banks in Luxembourg and part of the BNP Paribas Group.
It offers an especially wide range of financial products and bancassurance solutions to individuals, professionals, businesses and private banking clients.
In 2020, BGL BNP Paribas was named "Best Bank in Luxembourg" by Euromoney for the fifth year in a row.
As part of its development, we are looking for a:
CREDIT STRUCTURER M/F
Internship – 6 months
CONTEXT AND CHALLENGES
Credit Structurers are key stakeholders of Banque des Entreprises Luxembourg, on whom the Bank can rely for their expertise and objectivity in the analysis and structuring of corporate and SME financing while combining a risk awareness and commercial approach.
WHAT’S YOUR DAY-TO-DAY MISSION?
As Credit Structurer, you will be responsible with the Relationship Managers for:
- Gathering appropriate client/transaction/internal information (eg : annual reports, organization chart, broker-sector-rating reports, due diligence memos, budget, treasury plan, business plan, internal memos …)
- Properly structure, negotiate with the client and present in credit committees new transactions and credit annual reviews of existing transactions, with the objectives of optimizing the return and risk management of the bank, within the context of the global client relationship while taking into account the objectives, procedures and risk appetite of the bank, i.e.:
- Analysis of the information received/collected with a primary focus on financial-, rating- and credit analysis,
- Structuring credit term sheets (determining the adequate facility type, borrower, guarantor, amount, maturity, pricing, financial covenants, security…),
- With the Relationship Managers delivering a complete, synthetic, critical and coherent up-to-date credit memo on the client,/ transaction, based on facts, compliant with the bank’s guidelines and with a summary of the main risks & mitigants enabling credit committee members to take an informed decision,
- Lead the credit process with Risk colleagues
- Guarantee the quality of the financial spreadsheet/business plan, counterparty, financials, rating, sector and transaction analysis within the bank’s tools
- After the credit committee decisions, participate in the preparation of the legal documentation with the Relationship Managers
MISSIONS ARE IMPORTANT, BUT SO ARE THE TEAM AND THE WORK ENVIRONMENT!
Your working environment
- Location: Luxembourg/Kirchberg
- 7-8 members
- Interactions outside the team with other Business/Functions, Executive Committee, BNP Paribas Group
- Manager: Head of Credit Structuring
Benefits of this position?
- Have a significative first experience in corporate and SME financing
- Be part of a young and dynamic team
- Continuous learning curve opening up career opportunities within BGL BNP Paribas and BNP Paribas Group
ARE YOU OUR FUTURE CREDIT STRUCTUTER?
Professional experience and/or degree
You are finishing a Master degree linked to credit analysis / corporate finance Banking / Audit
Behavioural & Transversal skills
- Ability to collaborate / Teamwork
- Attention to detail / rigor
- Organizational skills
- Adaptability
- Communication skills - oral & written
- Client focused
- Critical thinking
- Creativity & Innovation / Problem solving
- Ability to Synthetise/Simplify
Technical skills
- Capacity to analyse, write and deliver a relevant financial analysis, make recommendation and take positions/opinions
- Commercial aptitudes
Language skills
- Fluent in English and French.
- German and/or Luxemburgish is considered as a plus.
During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.
In a changing world, diversity, equity and inclusion are key values for the well-being and performance of teams. At BNP Paribas, we want to welcome and retain all talents without distinction: this is how, together, we will build the innovative, responsible and sustainable finance of tomorrow.
