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Moteur de recherche d'offres d'emploi Crédit Agricole CIB

AGENCY AND MIDDLE-OFFICE DEPARTMENT OFFICER


Vacancy details

General information

Entity

About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)

Crédit Agricole CIB is the corporate and investment banking arm of Credit Agricole Group, the 12th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2021). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and Africa support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital markets activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients.


For more information, please visit www.ca-cib.com

Twitter: https://twitter.com/ca_cib
LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
  

Reference

2021-55013  

Update date

15/03/2021

Job description

Business type

Types of Jobs - Operations

Job title

AGENCY AND MIDDLE-OFFICE DEPARTMENT OFFICER

Contract type

Permanent Contract

Job summary

The candidate will join the Agency & Middle Office Dept., which supports the following Business Lines:
SFI (Structured Finance), DOD (Debt Optimization and Distribution), ITB (International Trade and Transaction Banking), DAS (Distressed Assets)


This entails:
Working in a team with different skills and serving different functions (see detailed functions below), including all regular reporting duties, communication with operational and functional management, and representation of the Agency and Middle-Office team in relevant committees or forum.
Overseeing the daily monitoring of the activity and ensuring proper execution, monitoring the SFI portfolio by controlling the different data captured into the different tools used to monitor financing activities (SMAC for all SFI sub-divisions (DIH, EIG, LBO…). and LoanTracker for the monitoring of DOD and ITB portfolio).
Overseeing the monthly anomaly reports in connection with all services to determine the reason for the anomaly and ensure proper follow through to clear the exception.
Attending internal Steering Committees in connection with new systems, new product offerings and projects that may have an impact on the Agency and Middle-Office team (responsibilities, missions, way of working, tasks, etc).


Main responsibilities / missions:

The following are typical Agency and Middle Office functions that are completed by AMO staff, during the normal course of business:

Agency and Middle-Office functions include inter alia;
Analyzing the Loans documentation in order to be able to provide opinion on the technical operational clauses of the contract

Assisting on closings / CP's monitoring

Tracking and evaluation of all borrower deliverables (compliance, financial model, insurance)

Coordinating follow-up with borrowers

Monitoring mitigants (securities, insurance, …)

Updating periodic collateral valuations

Covenant follow-up for all roles (Agent, sole lender, participants)

Evaluating CP's for construction draws, lease payments, borrower distributions, etc.

Directing independent engineers, lender counsel and other experts

Negotiating routine waivers and amendments with borrowers

Managing waiver and amendments requests

Responding to participants’ questions

Coordinating accounting treatment of upfront fees with Business Lines, OPC and Finance

Collecting and processing of participant lender approvals

Collecting, tracking and submitting legal documents for safekeeping

Capture, maintain and update the static data into the various management tools (SMAC, Loantracker, BMA (STI) …)

Coordinating assignment process

Interfacing with Head Office, as needed

Interfacing with FO / BO and L/C department for all Agency operational aspects

Interfacing with Legal,Compliance, Credit Risk, Finance and Tax Functions

Position location

Geographical area

Europe, Italy

City

MILAN

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

Preferable Degree in Economics and Financial subjects with a good education path

Level of minimal experience

11 years and more

Experience

The ideal candidate has a strong knowledge and a specific focus on Export and Trade Finance activities.
Expertise in Agency activities acquired from past experience (5-10 years).
Autonomy in organizing daily activities.

Required skills

- Accuracy and attention to detail
- Ability to stay calm and tactful under pressure
- Positive and hard-working attitude
- Sense of responsibility and discretion

Technical skills required

Advanced MS Office suite knowledge
Good knowledge of Investment Bank products (Real Estate knowledge could be a plus)

Languages

- Italian fluent; - English fluent is strictly required; French is a plus