What is this position about?
The primary purpose of the role is to manage part of the portfolio of syndicated loans where BNPP is acting as Agent in accordance with the established processes.
The Agency professional is also instrumental in ensuring alignment of processes and approaches vis-a-vis external and internal stakeholders, including business partners and Agency management. The incumbent drives or contributes to continuous process improvements or other projects.
The role requires direct connections with external and internal stakeholders. He/ She reports directly or functionally to the Team Lead and Head of Regional Agency APAC.
What would be your typical day at BNPP Paribas look like?
Primary Role Responsibilities
Perform the following key agency missions:
• Review, understand and comment on finance documents especially on the agency and operational aspects and implications.
• Ensure satisfaction of conditions precedent prior to loan drawdown and conditions subsequent thereafter.
• Liaise with internal stakeholders, legal counsels and other external parties, coordinate funds flow, in ensuring smooth closing.
• Facilitate waiver / amendment requests / consent count or other enquiry from either clients or lenders.
• Monitor submission of covenants or other reports during the life of the deal.
• Safekeeping of originals and security documents, release of securities upon full repayment or prepayment.
• Calculate financial covenants that is under Agency scope.
• Loan administration : i) liaise with clients and other lenders for all loan drawdown, roll-overs, rate fixings, prepayments, loan transfers, audit requests etc; & (ii) perform calculation, maintain all internal loan records and prepare payment instructions to Operations, directly or as supervisor to another team member
Contribute to the homogeneity of the regional setup by abiding to prevailing procedures and risk control management, and providing KPIs or other management reporting elements.
Participate in project initiatives contributing to continuous organization or process improvements.
What is required for you to succeed?
Qualifications and Experience Required
• Degree holder
• Loan administration experience, preferably on syndicated deals
• Preferred experience in coordinating borrower’s requests and reviewing documentation as Agent
• Ability to handle deal closing
• Common sense / Ability to learn from experience
Technical / Behavioural Competencies
• Able to read and understand operational implications of loan documentation
• Team player with good oral and written communication skills to interact with diversified stakeholders, including ability to stay focused in handling questions or issues
• Confident and ability to handle conference Teams meeting and calls amongst various stakeholders
• Meticulous and attentive to details
• Good planning and organisation skills
• Good MS Office knowledge (Intermediate or Advanced)
• Client oriented and with ability to resist pressure
About BNP PARIBAS
As the leading European Union bank, and one of the world’s largest financial institutions with an uninterrupted presence in the region since 1860, BNP Paribas offers a wide range of financial services for corporate, institutional and private investors spanning corporate and institutional banking, wealth management, asset management and insurance.
We passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued and encourage applicants of all backgrounds, including diversity of origin, age, gender, sexual orientation, gender identity, religion applicants who may be living with a disability. We have a number of internal employee networks in place to empower our staff to act and challenge the status quo.
• BNP Paribas PRIDE is highly active in favour of the LGBTQIA+ community
• BNP Paribas MixCity which fosters better representation of women at all levels of the organization
• Ability, the mutual aid network for employees with a disability or a disabling or chronic illness
• BNP Paribas CulturAll which celebrates diverse backgrounds
BNP is committed to financing a carbon-neutral economy by 2050. The Group is a founding member of the Net-Zero Banking Alliance and has set up its own Low Carbon Transition Group to support its clients through their energy transitions.
https://careers.apac.bnpparibas/
More information
BNP Paribas - Diversity & Inclusion Journey
BNP Paribas - The Bank Of Green Changes
Award Obtained
BNPP has won Top employer Europe award in a 10th consecutive year
