About the job:

Global Securitised Products (GSP) covers several businesses, including Asset-Backed Securities (ABS), Collateralized Loan Obligation (CLO) & Private Debt Financing. SPG works with corporate and institutional clients, to provide them with financing, risk transfer and capital markets access, through securitisation transactions across a range of asset classes.

SPF is a strategic activity of BNPP that sits within the Asset Financing and Securitization Platform. The team consists of professionals with experience in the financing of leveraged loan portfolios, and the warehousing, structuring, arranging and placing credit securitization transactions. 

Your main activities are:

1. Credit Management:

• Conduct rigorous credit analysis including fundamental analysis on leveraged borrowers, reviewing financials, transactions, and marketing documents

§Assist credit analysts in evaluating legal documents including credit agreements, bankruptcy filings, guarantee and security agreements, intercreditor agreements and indentures.

§Ensure the regular risk monitoring and maintenance of the portfolio of transactions, including

§annual reviews

§quarterly rating and capital review processes

§weekly update regarding the quality of the assets

2. Monitoring of non-financial risks

-        Reporting reconciliation between different data sources

-        Cash tracing of assets and validation of existence of assets

-        Validation of models (borrowing bases) through audit of formulas and maintenance of shadow models

-        Verification of asset ownership through various audit of legal documents

-        Solidify the non-financial risk monitoring framework and report accordingly to internal stakeholders

3. Portfolio Management

-        Maintain and feed the Portfolio Management system with data and ensure its quality

-        Track covenants of the facilities; maintain borrowing bases and report results to the structuring team

4. Data Management:

Assist in maintaining the credit database, creating new entries, updating existing entries, preparing financial models, and troubleshooting errors

Organize the deal document directory, including information sent by clients or posted on shared data sites

5. Reporting:

Leverage the credit database for data analysis, exposure breakdowns, and internal reports

Assist with creating reports for the credit database and contribute to overall credit research task

6. Transversal Projects:

-        Spearhead ad-hoc credit analytics projects such as the BNPP Core Middle Market Index and Quarterly Update of Top Manager 

Profile and Skills for Success

• Undergraduate degree with a quantitative emphasis. Master’s degree with finance curriculum preferred
• Fluency in English and excellent communication skills.
• Proficient use of Excel.
• Great team spirit and ability to collaborate with others.
• Attention to detail with an analytical approach and ability to synthesize complex information.

#LI-Hybrid

Why joining BNP Paribas? 

BNP Paribas is the European Union’s leading bank, and key player in international banking. It operates in 63 countries and has nearly 183.000 employees, including more than 146.000 in Europe.

In Portugal since 1985, BNP Paribas today has more than 8.700 employees, distributed across the Group's 10 business entities established in the country. Its presence also extends to 11 excellence centers providing value-added services to various countries where the BNP Paribas Group also operates.

Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success. BNP Paribas holds key positions in its three core operating divisions: 

BNP Paribas 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.

At BNP Paribas we care about our employees wellbeing and promote a culture of good integration between work and rest. We believe our employees have rich personal lives outside of work, being fundamental to be disconnected from work to recharge both physically and mentally. Only through this balance we may all be at our best while working.

At BNP Paribas, we embrace a Smart Working framework based on trust, autonomy and collaboration. Within this framework, eligible employees can benefit from flexible remote working modalities adapted to our hybrid working environment. To guarantee a comfortable and efficient working set-up, eligible employees are provided with both the office and home equipment, are entitled to an equipment allowance and can benefit from exclusive partnerships to purchase additional equipment at reduced prices. 

To find out more on why you should join BNP Paribas visit https://bnpp.lk/why-BNP-Paribas-Portugal

* Please note that only applications submitted in English will be considered. 

* In case you are selected for this role, further documentation will be requested to support your hiring process.