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.
BGL BNP Paribas was named “Bank of the Year 2018” in Luxembourg by The Banker and, in 2019, “Best Bank in Luxembourg” by Euromoney for the fourth year in a row.
Credit Structurer – h/f
Internship – 6 months
beginning January 2020
Credit Structurers are key stakeholders of BEL “Banque des Entreprises au Luxembourg”, on whom the Bank can rely for their expertise and objectivity in corporate and SME financing structuring and analysis combining a risk awareness and a commercial approach.
They are therefore responsible for:
Structuring credit transaction with the RMs (Relationship Manager) and the clients and providing a critical contribution to inform credit decisions in credit committees:
Gathering appropriate client/transaction information (annual reports, organization chart, web site info, broker notes, due diligence with RM…) to be able to properly structure, negotiate and present transactions, optimizing the return within the context of the global relationship and taking into account the objectives of the bank
Structuring term sheets (Facility, borrower, guarantor, lender, amount, maturity, pricing, financial covenants, security…) with the RMs, the client and the Legal
Recap of the SWOT and risk mitigants and determines what information needs to be further collected to elaborate a credit offer to the client
Attend client meetings – conference call, which are primarily focused on financial results - business plans – financing discussions
Contributing to origination / pitch meetings jointly with the RMs and other business lines.
Delivering a complete, synthetic and coherent up-to-date memo on the transaction, based on facts, compliant with bank’s guidelines with the RMs and other parties involved.
Guarantee the quality of the financial spreadsheet/business plan, the counterparty, financial and sector analysis and present the transaction analysis.
Taking responsibility for the overall data analysis reliability and coherence, including financial projections, when necessary.
Completing Credit Proposals with the RM enabling Credit Committee to take an informed decision :
Credit Proposal writing is a collaborative and iterative process between Credit Structurer and RM’s
Leveraging on his/her expertise, the Credit Structurer discusses transaction issues with the RM and various stakeholders within the bank. Should fundamental disagreements arise, the issue can be referred to the hierarchy for guidance through pre-screening in due time
Dissemination of relevant information/alert to the appropriate audience in case of major event or material evolution that could impact portfolio credit quality - joint responsibility of all stakeholders (notably Relationship Manager, Credit Structurer, Delegation Holder and Risk).
Guaranteeing the consistency of data under their own responsibility.
Contribute actively to the quality and integrity of client data, in particular data used in the credit process for the assessment of a client’s risk parameters or credit risk
Alert on any identified risk, including compliance issues.
Contribute to global portfolio reports when information is not directly available/reliable or if a qualitative input is needed.
Keep abreast of the changing methodologies and policies applicable.
Sharing information and developing intelligence notably on sectorial knowledge through:
Efficient dissemination of sectorial knowledge and industry intelligence.
Active participation in BEL community (circulation of information, regular update through interactions with EIS, other analysts and Risk).
Contribute to continuous improvement initiatives (team, processes…) with active participation in dedicated workshops
Maintenance of a low level of overdue files in coordination with the RMs
Potential management of a trainee / Junior
Advantages of the position:
This position offers a real opportunity to develop your financial, analytical and credit analysis skills within a leading international banking group.
We are working on a mix of plain vanilla and complex credit files for European and international clients operating in various industries and from various size : start-up to large corporates.
We are a dynamic, transversal and international team working in a demanding and competitive environment with direct clients and top management inter-actions.
Working environment :
BGL BNP Paribas Luxembourg Kirchberg
Education: business schools, university with a major in Finance or economics / or similar experience
Professional Experience: : at least 6 months previous internship experience in audit, private equity and or corporate credit analysis
Ability to collaborate / Teamwork
Attention to detail / rigor
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills :
Ability to anticipate business / strategic evolution
Ability to set up relevant performance indicators
Technical Skills :
Good command of technical finance, accounting, legal and economic knowledge, as well as credit lines, banking products and business lines
Capacity to identify, analyze and manage risks
Primary Location: LuxembourgJob Type: StageJob: STATUTS TEMPORAIRESEducation Level: Master ou équivalent (> 4 ans)Experience Level: DébutantSchedule: Temps plein
Behavioural competency: Capacité à collaborer / travail d'équipe, Rigueur, Etre orienté client, Capacité à communiquer - à l'oral et par écrit, Capacité d'adaptationTransversal competency: Capacité d'analyseReference: BAN003676