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.
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
Internship - Credit Structurer (M/F)
months starting October
You need to have
an internship agreement from your university in order to do this internship
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:
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
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
to origination / pitch meetings jointly with the RMs and other business
- 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
- Guarantee the
quality of the financial spreadsheet/business plan, the counterparty,
financial and sector analysis and present the transaction analysis.
responsibility for the overall data analysis reliability and coherence,
including financial projections, when necessary.
Credit Proposals with the RM enabling Credit Committee to take an informed
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).
the consistency of data under their own responsibility.
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.
information and developing intelligence notably on sectorial knowledge
dissemination of sectorial knowledge and industry intelligence.
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
of a low level of overdue files in coordination with the RMs
Advantages of the 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
Business school, university with a major in
Finance or Economics
At least 6 months previous internship
experience in audit, private equity and/or corporate credit analysis
Ability to collaborate /
Attention to detail / rigor
Ability to deliver / Results driven
Communication skills - oral & written
Ability to anticipate business / strategic
Ability to set up relevant performance
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
Fluent in English - German
- French / (Luxemburgish is considered as a plus)