Associate – Credit Structuring

Qualifications
Undergraduate degree
Proficient in Microsoft Excel, PowerPoint and Word
Knowledge of credit markets
Critical thinking
Communication skills (written & verbal)
Attention to detail
Multi-task and support of various transactions simultaneously
Work within a team environment
Liaise between various groups within the Bank
At least 3 years of experience working on CLO warehousing and/or Asset based lending facilities
SIE, Series 7 and 63 licenses will need to be obtained within a reasonable amount of time
CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
Not Applicable
Benefits
The expected starting salary range for this position is between $150,000 to $200,000 annually
The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives
From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees
Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off
Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process
Responsibilities
Functions within the Asset Finance & Securitization platform that spans across both Global Banking & Global Markets, "AFS" offers clients integrated capabilities of origination, structuring and execution of structured debt solutions and related advisory services
This includes Asset Based Lending, CLO Structuring & Warehousing, Export Finance, Metals & Mining Structured Debt, Energy, Resources & Infrastructure (ERI), Project Finance, Transportation, and Syndication
The role sits within the Credit Structuring team responsible for the origination, structuring and execution of Collateralized Loan Obligation (CLO) Warehouses and Asset Based Lending facilities for our corporate and institutional clients
Results and Impact
Able to influence peers and team
Demonstrates good judgement when making decisions of high complexity and impact
Exercise appropriate autonomy in the execution and delivery of work
Responsible for driving outcomes, which have meaningful effect on team or department
Leadership and Collaboration:
Creates trust with colleagues
Acts in leadership capacity for projects, processes, or programs
Client, Customer and Stakeholder Focus:
Able to build relationships with a mix of colleagues and clients
Interacts regularly with management and department leaders
Demonstrates the ability to influence stakeholders at the team level
Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts
Perceived as a person of high moral character; upholds corporate values and displays high ethical standards
The position demands strong analytical, communication, organizational and presentation skills
BKnowledgeable with various credit financing products (CLO Warehouses, Asset Based Lending, Mark-to-market financings, etc)
He/she will interact and build relationships with CLO managers and Private Credit managers on the structuring and negotiate the execution of different financing products most notably CLO warehouses
Coordinate with internal stakeholders (including: Risk, Compliance, and legal) as part of the approval and execution of financing transactions
Analyze and structure documents to conform with BNPP’s Financing structure
Work with external counsel on the drafting of key transaction documents as part of the execution of CLO warehouses, Asset Based lending, and other financing transaction
Assess and describe market conditions, and use analyses to model transaction economics/rationale for both internal and external distribution
Analyze the credit profile of transactions
Negotiate and execute bespoke transactions (primarily CLO Warehouses)
Understand legal framework, capital treatment, funding and liquidity criteria
Take a leading role in internal credit approval process by developing transaction strategy and drafting approval memos
Handle multiple responsibilities at one time
Candidates will play a key role in live transactions and be expected to:
Work with counsel on drafting transaction execution, especially CLO warehouses
Negotiate with client on transaction structure and terms
Assist the internal credit approval process
Assist internal stakeholder (Risk, Legal, Treasury, Compliance, Resource, etc) for their inquiry
Support senior member of the team and manage the financing book day to day flow
Job description
Business Overview:

Functions within the Asset Finance & Securitization platform that spans across both Global Banking & Global Markets, "AFS" offers clients integrated capabilities of origination, structuring and execution of structured debt solutions and related advisory services. This includes Asset Based Lending, CLO Structuring & Warehousing, Export Finance, Metals & Mining Structured Debt, Energy, Resources & Infrastructure (ERI), Project Finance, Transportation, and Syndication.

The role sits within the Credit Structuring team responsible for the origination, structuring and execution of Collateralized Loan Obligation (CLO) Warehouses and Asset Based Lending facilities for our corporate and institutional clients.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:
• Results and Impact
• Able to influence peers and team.
• Demonstrates good judgement when making decisions of high complexity and impact.
• Exercise appropriate autonomy in the execution and delivery of work.
• Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
• Creates trust with colleagues.
• Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
• Able to build relationships with a mix of colleagues and clients.
• Interacts regularly with management and department leaders.
• Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities:

The position demands strong analytical, communication, organizational and presentation skills. Candidates will be expected to:
• BKnowledgeable with various credit financing products (CLO Warehouses, Asset Based Lending, Mark-to-market financings, etc)
• He/she will interact and build relationships with CLO managers and Private Credit managers on the structuring and negotiate the execution of different financing products most notably CLO warehouses
• Coordinate with internal stakeholders (including: Risk, Compliance, and legal) as part of the approval and execution of financing transactions
• Analyze and structure documents to conform with BNPP’s Financing structure
• Work with external counsel on the drafting of key transaction documents as part of the execution of CLO warehouses, Asset Based lending, and other financing transaction
• Assess and describe market conditions, and use analyses to model transaction economics/rationale for both internal and external distribution
• Analyze the credit profile of transactions
• Negotiate and execute bespoke transactions (primarily CLO Warehouses)
• Understand legal framework, capital treatment, funding and liquidity criteria
• Take a leading role in internal credit approval process by developing transaction strategy and drafting approval memos
• Handle multiple responsibilities at one time

Candidates will play a key role in live transactions and be expected to:
• Work with counsel on drafting transaction execution, especially CLO warehouses
• Negotiate with client on transaction structure and terms
• Assist the internal credit approval process
• Assist internal stakeholder (Risk, Legal, Treasury, Compliance, Resource, etc) for their inquiry
• Support senior member of the team and manage the financing book day to day flow

Minimum Required Qualifications:
• Undergraduate degree
• Proficient in Microsoft Excel, PowerPoint and Word
• Knowledge of credit markets
• Critical thinking
• Communication skills (written & verbal)
• Attention to detail
• Multi-task and support of various transactions simultaneously
• Work within a team environment
• Liaise between various groups within the Bank
• At least 3 years of experience working on CLO warehousing and/or Asset based lending facilities

Preferred Qualifications:
• Masters Degree or MBA in relevant field of study
• Legal background or experience negotiating Credit Agreements

FINRA Registrations Required:
• SIE, Series 7 and 63 licenses will need to be obtained within a reasonable amount of time

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
• Not Applicable

SEC Security-Based Swap Dealer Associated Person:
• Not Applicable

The expected starting salary range for this position is between $150,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

This application will remain open until a candidate has been selected for the role. There is no specific application timeline.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

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, ****** orientation, gender identity and gender expression, or any other legally protected status.

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