ANALYST / ASSOCIATE CREDIT PORTFOLIO MANAGEMENT REAL ESTATE CAPITAL MARKETS Full-time Job
hace 5 días - Financial Services - MadridTrabajo detalles
BNP Paribas is an international bank with leading positions in the European market. It is present in 74 countries and employs more than 192,000 people, 146,000 of whom are in Europe. The Group holds key positions in its three main areas of activity: Domestic Markets and International Financial Services (whose retail banking and financial services network is part of Retail Banking & Services), as well as Corporate & Institutional Banking, which offers services to corporate and institutional clients. The Group supports its customers (individuals, entrepreneurs, SMEs, large companies and institutions) to help them carrying out their projects by providing financing, investment, savings and insurance services.
In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is number one in retail financing in Europe.
BNP Paribas is developing its integrated retail banking model in the Mediterranean countries, Turkey, Eastern Europe and has an important network on the US West Coast. In both its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas has leading positions in Europe, a strong presence in the Americas and a solid and growing network in the Asia-Pacific region.
BNP Paribas Corporate & Institutional Banking provides large companies, multinationals and financial institutions with various solutions in the areas of advisory, financing, transactional banking, capital markets, settlement, clearing and custody of securities, asset and fund management services and solutions for corporate issuers. It has 620 professionals in Spain with offices in Madrid, Barcelona, Bilbao and Coruña. The entity has a network present in 56 countries.
DESCRIPTION OF THE TEAM
The position is within BNP Paribas CIB - Real Estate Capital Markets EMEA, based in Madrid.
Real Estate Capital Markets (RECM) EMEA team main assignments are the following:
- Coverage of main European REITs, Real Estate Private Equity funds and Real Estate Asset Managers. Structuring and managing Specialised Real Estate financings mainly for Private Equity sponsors and Asset Managers.
The team is spread across 7 different european hubs (Paris, London, Madrid, Milan, Frankfurt, Amsterdam, Lisbon).
The proposed position is within the Credit & Portfolio Management (CPM) team, whose role is to ensure all front-office tasks on deals post-closing (client relationship follow-up, risks follow-up, amendments, waivers, restructurings, refinancings...).
KEY RESPONSIBILITIES OF THE ROLE
As part of the EMEA Real Estate Capital Markets CPM team, based in Madrid, the selected candidate will participate to efficiently manage, predominantly, the Italian RECM portfolio to contribute to the overall results of the group in terms of client follow-up, risk management and RWA monitoring. He will work in close cooperation and under the supervision of VPs / Directors of the team, reporting to the local RECM CPM manager.
Main function of the role is the due management & proactive monitoring of portfolio of allocated clients and transactions to CPM (post-closing) during construction and/or operation periods, including without limitation:
1. Depending on the case, and in close collaboration with the VPs of the team, ensure:
- Annual reviews are performed on time, waiver / amendment requests are duly handled, covenants are met as requested by documentation, and generally internal processes post closing are met
- Organize the control and follow-up of drawings under development financing agreements within agreed facility limits and conditions.
- Obtain timely information to allow full analysis on the portfolio and report relevant findings to internal stakeholders. Relevant duties are performed, incl KYC timely renewal, when acting as Relationship Manager post closing Deal financial models are maintained as needed Liaison with Middle office and Booking Center, as well as with Agency when relevant
- Ensure data quality regular checks and ensure the timely provision of all information required for Regulatory reporting
2. Ensure fluent and effective information exchange between the Relationship Managers on credit facilities, to efficiently manage credit files allocated to CPM.
3. Liaise with Risk Corporate with regards to the risk profiles of clients and risk monitoring tools as well as presenting to credit committees
4. Ensure timely preparation of quarterly Watch List and Doubtful status
5. Depending on the seniority of the candidate, provide support to the VPs in the execution of refinancings and restructurings / complex files.
EXPERIENCE, QUALIFICATIONS & COMPETENCIES
1. Previous experience in a similar area, preferably in the structured finance sector
2. Expertise:
- Have a sound understanding of the Bank’s credit approval process High level of analytical skills, ability to construct a broad point of view and market convictions
3. IT literacy in Microsoft Office and the Bank’s systems for risk and portfolio monitoring
4. Based on portfolio analysis and available related information, provide as relevant feedback to other RECM teams on sectorial, technical, regulatory, market, developments, etc.
5. Language: Fluent in Italian & English.
6. People / Behavioral conduct:
- Good citizen behaviour, embody and practice the Group values (alignment with the Bank’s strategy, commitment, work ethics, integrity, Code of Conduct) Demonstrate proactivity, transparency and accountability for identifying and managing conduct risks
BENEFITS
- Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries. Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity). Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities. Flexible compensation plan Hybrid telecommuting model (50%) 31 vacation days
DIVERSITY AND INCLUSION COMMITMENT
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.