About Credit Agricole
Credit Agricole CIB, the Corporate & Investment Banking Arm of the Credit Agricole group, specialises in the businesses of capital markets and investment and corporate banking.
Credit Agricole CIB in 1 Click
Credit Agricole CIB is the Corporate and Investment Banking arm of the Credit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, 2022). The Bank offers its clients a broad range of products and services in capital markets, investment banking, structured finance and corporate banking.
The CIB Arm of the Group
As the No. 1 retail bank in France, Credit Agricole is the leading financial partner of the French economy and one of the largest retail banks in Europe. Its ambition: to create a world-class European leader in banking and insurance, in accordance with the principles of the United Nations Global Compact.
US Analyst Program Summary
This US Analyst position provides support to the junior and senior bankers in the group. This position will offer exposure to a high-profile department within Credit Agricole CIB.
The US Analyst program offers an opportunity for recent college graduates interested in finance and investment banking to actively participate in this fast-paced and challenging industry. We provide our U.S. Analysts with the tools necessary for professional growth and career advancement.
The U.S. Analyst position will be available for a maximum of 2 years. The goal of the U.S. Analyst program is to develop the ideal candidate into a full-time position at the end of the two years.
Job Overview:
Credit Agricole CIB’s Credit Coordination department is seeking a Credit Coordination US Analyst.
The position will provide strong support to the Coverage teams by contributing in and coordinating the credit process and ensuring high quality information is provided to decision makers in advance of relevant committees.
This is a full-time, contractual position located in New York City or Houston. New York City Salary: $80,000.
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Responsibilities:
- Assemble requests from various Coverage teams (Chicago, New York, Canada, LATAM, MNC, Tech, etc.) by:
- Summarizing the transaction in memo form prior to business and credit committees, including profitability analysis, risk-weighted asset analysis, credit analysis, and client strategy
- Coordinate committee scheduling with Coverage, various product groups, risk department, and head office
- Acting as central point of contact for questions and info requests related to a transaction
- Using internal systems to input authorization details and ensure accurate booking
Each client is reviewed at least once per year by the Risk Department; as such, the analyst will:
- manage the review process for all clients
- ensure timely delivery of relevant information to all internal stakeholders
- liaise with the international network and product teams as needed
- analyze the key credit risks affecting the client
- manage and recommend changes as needed with regards to overall client exposure
- use internal systems to input all authorization details to ensure ongoing booking accuracy
Portfolio monitoring:
- process amendments
- limit anomalies related to past due annual reviews and past due internal ratings
- regularly review internal ratings with the goal of identifying any changes in advance