CIB – Debt Markets – Leveraged Finance Capital Markets – Vice President
WHO WE ARE
BNP Paribas Corporate & Institutional Banking (CIB) is a globally recognized leader offering financial solutions to corporate and institutional clients, with over 30,000 people in 55+ countries across EMEA, Asia-Pacific and the Americas.
Leveraged Finance Capital Markets (LFCM) in EMEA sits within the Debt Markets EMEA group, part of BNP Paribas’ CIB division, and is organized across several locations including London, Paris, Madrid, Frankfurt, Brussels, Amsterdam, Milan and Lisbon, amongst others.
The team is responsible for the origination, structuring, underwriting and execution of LBO and leveraged corporate financing transactions for sub-investment grade corporate clients. The role is based in Madrid, joining a team of 10-15 professionals.
BNP Paribas is a leading European investment bank with top rankings in Leveraged Finance. The Leveraged Finance department has enjoyed an extraordinary growth over the past years and today recognized as a go-to institution by many sponsors and corporates to lead their transactions including during periods of heightened volatility. We also have an undisputed no. 1 position in Iberia.
YOUR JOB
As an Vice President, you will be responsible for managing the day-to-day execution of live deals (across both High Yield Bonds and Term Loans), leading internal processes as well as driving marketing activity alongside other senior originators. You will run financial models, complete financial and credit analysis, review and structure documentation, drive materials for internal approval committees, syndication purposes and marketing efforts. You will also provide instructions and learning opportunities to more junior team members. This requires strong quantitative skills and the capacity to work on several transactions in parallel, which requires good organization skills and strong commitment.
PRIMARY RESPONSIBILITIES
Origination
- Lead pitch processes from start to finish, in cooperation with various teams across the bank (Coverage, M&A, ECM, Syndicate)
- Interact with external clients (including debt issuers and private equity clients) and internal stakeholders
- Build and maintain internal and external networks
- Maintain high degree of market awareness and identify new business opportunities
- Execution
- Manage the day-to-day execution of live deals (internal credit / capital market memoranda, including advanced financial statement analysis and thoughtful cash flow projection models)
- Have a solid understanding of the transaction process from end-to-end
- Give support and guidance to more junior members of the team
- Have a sound understanding of the internal mechanisms of the organisation
- Ensure efficient execution of the business and transactions
- Interact directly with clients and with other advisors (lawyers, co-advisors, etc.) at an appropriate level
- Engage with senior marketers on both commercial and technical aspects of transactions
- Regulation
- Ensure that all regulatory and commercial training is completed on time and refreshed as required
- Responsible for adherence to the Bank’s corporate policies, to its internal Compliance regulations as well as to appropriate external Regulators
WHAT WE EXPECT FROM YOU
- A degree from a leading university with an excellent academic record
- 5-7 years previous experience in a leveraged finance team or a similar field
- Outstanding analytical skills with proven advanced credit / risk analysis skills
- Strong team player with good communication skills
- Ability to work under pressure
- Demonstrate a willingness to solve problems and improve processes
- Proven ability to manage more junior resources
Language proficiency: fluent in English and Spanish, another EU language would be beneficial
IT skills: Excel, PowerPoint, Word, Bloomberg
BY CHOOSING US, YOU ALSO GET
- Excellent opportunities to develop, personally and professionally
- A permanent contract and an attractive package in a leading European Investment Bank
- A position in a responsible, socially engaged organization where diversity and inclusion are the standard
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.
