This job has expired, please see additional jobs below
Vice President - Sector Associate
BNP Paribas
New York, NY, United States
Job Details - this job has expired, please see similar jobs below
Business Overview:
Corporate Coverage is the foundation on which the BNP Paribas North America corporate relationship franchise is built. It focuses on developing and managing global long-term relationships with large and specialized corporates throughout the United States. Corporate Coverage is a sector based coverage organization that has the ability to leverage both regional presence & specific sector expertise.
This approach enables Relationship Managers to provide the most streamlined coverage service to their clients while advising them on a product-neutral basis. Corporate Coverage has the ability to deliver the highest quality multi-product business solutions. The product platform offered in North America includes traditional lending, fully leveraged financings, and the full spectrum of debt, equity and risk management products. Corporate Coverage's marketing approach not only offers tailored-made solutions to the specific needs of our clients, but also draws from the depth of our global product offerings and access to the Bank's extensive international network.
Responsibilities:
Responsible for the credit management of assigned corporate client credit relationships. Additional responsibilities include:
• Monitor the credit quality of a portfolio of assigned corporate borrowers including periodic review of borrower financial statements, covenant compliance reports, press releases and news articles, rating agency and equity analyst reports, industry information, etc.
• Prepare credit memoranda for assigned accounts including new transactions, annual reviews, renewals, amendment, waiver requests and financial updates.
• Coordinate the credit process amongst the various product and risk teams to ensure an efficient turnaround of transactions.
• Attend bank meetings and/or client calls with the Relationship Manager.
• Interact with other bank branches to coordinate on client strategy.
• Maintain reporting related to portfolio including pipeline tracking, exposure tracking, and other general reports.
• Interact with internal and external auditors during loan examinations.
• Strong interaction with the Risk department, Coverage and Product teams
• Clients consist of US subsidiaries of foreign companies
• This position is geared towards a senior associate or vice president who can immediately or eventually serve as a deputy to the team head as it relates to overseeing juniors within the team
Minimum required qualifications:
• Degree in Finance or Accounting. (MBA a plus).
• Strong knowledge of financial statement analysis, Excel, and general banking practices.
• Minimum of 5 years prior experience in a corporate banking environment
• Projection modeling and strong writing skills
Preferred qualifications:
• Formal credit training courses are a plus
FINRA Registrations Required:
• Series 79 and 63, which can be obtained upon hire
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.