What are the responsibilities and job description for the Associate, Credit Solutions position at BNP Paribas?
BNP Paribas Securities Corp.
Job Title: Associate, Credit Solutions
Location: 787 7th Ave, New York, NY 10019
Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure. Develop and Implement process automation tools (VBA) to streamline financial reporting and risk monitoring. Apply cross border expertise across European Markets to evaluate credit risk, ensure consistency in underwriting standards and provide effective challenge to investment decisions.
SALARY: $180,107 - $200,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Master's degree (US or Foreign Equivalent) in Corporate Finance, Financial Engineering, or Quantitative Finance and five (5) years of experience in Finance. Must have three (3) years of experience with: Hands-on experience in leveraged finance and private debt; Risk & Credit Monitoring - Expertise in credit event monitoring, annual/quarterly reviews and KYC compliance; Credit & Financial Modelling – Advanced skills in building and stress testing financial models, cash flow projections and loan valuation analyses; Portfolio Management and Reporting – Skilled in monitoring borrower performance, preparing detailed loan reports and presenting to committees; Process Automation (VBA) – Developed Automated Tools to Streamline credit analysis, reporting and team productivity; and Cross Border Expertise across European Markets. FINRA registration: SIE, Series 63 and 79 (pass exams within 3 months of 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.
Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.
Job Title: Associate, Credit Solutions
Location: 787 7th Ave, New York, NY 10019
Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure. Develop and Implement process automation tools (VBA) to streamline financial reporting and risk monitoring. Apply cross border expertise across European Markets to evaluate credit risk, ensure consistency in underwriting standards and provide effective challenge to investment decisions.
SALARY: $180,107 - $200,000/ year
Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)
Job Requirements: Master's degree (US or Foreign Equivalent) in Corporate Finance, Financial Engineering, or Quantitative Finance and five (5) years of experience in Finance. Must have three (3) years of experience with: Hands-on experience in leveraged finance and private debt; Risk & Credit Monitoring - Expertise in credit event monitoring, annual/quarterly reviews and KYC compliance; Credit & Financial Modelling – Advanced skills in building and stress testing financial models, cash flow projections and loan valuation analyses; Portfolio Management and Reporting – Skilled in monitoring borrower performance, preparing detailed loan reports and presenting to committees; Process Automation (VBA) – Developed Automated Tools to Streamline credit analysis, reporting and team productivity; and Cross Border Expertise across European Markets. FINRA registration: SIE, Series 63 and 79 (pass exams within 3 months of 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.
Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.
Salary : $180,107 - $200,000