The Securities Services business of BNP Paribas is one of Europe's leading providers of custody services for securities.

The Luxembourg branch plays a major part in its operations, offering clients high value-added services extending from custody to securities lending, fund administration, performance measurement and ratings, and bond issuance services.

We are currently looking for a:

Private Capital Loan Solutions Officer (H/F)

CONTEXT AND CHALLENGES

The Private Capital Loan Solutions Officer plays a critical role within our broader Private Capital team. This position requires technical expertise in processing and reviewing functions related to Loan Administration and Calculation Agent services, which are provided to BNP Paribas' client base. The Officer is responsible for delivering high-quality output and service to our clients, covering a wide range of middle- and back-office activities. Key responsibilities include handling daily tasks and deliverables for Loan Solutions, supporting onboarding and transitions, contributing to business change projects, and ensuring consistent and sustainable operating processes.

WHAT’S YOUR DAY-TO-DAY MISSION?

Primary Role Responsibilities: 

• Documentation Review: Assess the structure of operations to understand the purpose of deals, including all fee and interest aspects, and identify related points of attention.
• Data Management: Review asset documentation and ensure relevant data is tracked into our Loan Administration system (SENTRY).
• System Supervision: Oversee the correct setup of data points in SENTRY, assist international offshoring centers, and perform analytical reviews on the Loan Solutions dataset.
• Investment Monitoring: Maintain additional tracking files or databases to ensure complete investment monitoring for Loan Solutions Services.
• Client Deliverables: Ensure all agreed deliverables within the client operating memorandum are prepared and shared in a timely manner, adhering to high-quality standards.

Other contributions:

• Cash & Portfolio Reconciliation: Perform or supervise reconciliations.
• Asset Restructuring: Monitor asset restructuring and its impact on portfolio position, accruals, fees, and new entries.
• Asset Maintenance: Handle cash interest, PIK, fees, and resolve anomalies.
• Client Onboarding: Contribute to new client and portfolio onboardings.
• Calculation Agent Tasks: Perform tasks such as hypos, borrowing base monitoring, certificate issuance, waterfall calculations, etc.
• Client Servicing: Act as a value-added servicer between borrowers and lenders

MISSIONS ARE IMPORTANT, BUT SO ARE THE TEAM AND THE WORK ENVIRONMENT!

Your working environment 

You will join a young, diverse, and international team dedicated to innovating the services we offer to our Private Capital Clients. This client-facing role involves close collaboration with Portfolio Accountants, Fund Accountants, the Middle Office Desk, and the Business Implementation Team. Daily interactions with our International Offshoring Center will also be part of your typical workday.

You will manage production peaks during quarter-ends and quieter periods in between, which will be used for preparation work for the next quarter-end.

On-job training with team members and enrolment in BNPP Loan Solution Academy courses will be provided.

 After completing your training, you will have access to remote work opportunities according to our Entity’s policy.

Benefits of this position?

As part of the broader Private Capital Family, you will work in a dynamic and booming business segment, particularly in Private Debt. Working in an area like Loan Solutions presents the challenge and opportunity of constantly finding efficient operational solutions. Over time, you will have opportunities to develop your professional path within the growing Loan Solutions Team or evolve into other Private Capital Teams such as Portfolio Accounting, Oversight, Business Implementation, Fund Accounting, and more.

ARE YOU OUR FUTURE LOAN SOLUTIONS OFFICER? 

Qualifications

• Education: Master’s degree ideally in Finance or Mathematics.
• Experience: Strong technical background in financial aspects, ideally in the broader fund or investment area. Previous internship or professional experience in the financial sector is highly valued.
• Skills: Collaboration, communication, client focus, analytical skills, proactivity, and time management.
• Languages: Fluency in English is required; proficiency in French and any other third European language is appreciated.
• Technical Knowledge: Advanced Office tool knowledge, particularly MS Excel; familiarity with the Sentry System or eFront Invest is an asset.

Behavioral and Transversal skills 

• Collaboration: Ability to work individually on allocated tasks or collaborate with team members to achieve joint goals.
• Communication Skills: Efficient interactions with internal and external stakeholders.
• Client Focused: Providing added value to clients, understanding their issues, and proposing solutions.
• Deliver on Promises: Commitment to deadlines and quality standards, with proactive communication on any slippages.
• Embrace Change: Understand, explain, support, and drive change.
• Analytical Skills: Apply a holistic approach to issues and enhancements, proposing possible solution paths.
• Proactivity: Identify potential blind spots and propose mitigative or risk-avoiding solutions.
• Time Management: Work under tight schedules during quarter-end periods, focusing on top priority items, and prepare during quieter periods.

Join us to be part of a dynamic and innovative team dedicated to delivering excellence in Private Capital Loan Solutions!

During the finalization of the recruitment process, the preselected candidate will be asked to provide us an extract from his/her criminal record dated less than 3 months (record N°3 for Luxembourg), according to the dispositions of the law from July 23 2016 concerning the criminal record.

In a changing world, diversity, equity and inclusion are key values for the well-being and performance of teams. At BNP Paribas, we want to welcome and retain all talents without distinction: this is how, together, we will build the innovative, responsible and sustainable finance of tomorrow.