Entity
About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB)
Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022).
8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North 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 market 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
2022-72618
Update date
01/11/2022
Summary of Position:
As an Associate/Senior Associate in the SFI AMO group
(i) Perform the duties of CACIB as Administrative Agent and sole lender (sometimes participant) in Structured Finance transactions (primarily Real Estate deals) and
(ii) Perform additional internal tasks to monitor our portfolio.
Main Responsibilities:
Perform “CACIB as Agent” role for a portfolio of corporate, lodging/gaming and retail real estate transactions:
- Assist on closings / CPs monitoring
- Coordinate fundings with multiple institutions
- Track, evaluate and distribute borrower deliverables (financials, covenants, UCC’s, insurance, etc.)
- Monitor securities, guarantees and collateral
- Evaluate CP’s for cash draws, lease payments, borrower distributions, etc.
- Participate in bank meetings / conference calls
- Liaise with independent appraisers, lenders counsel and other industry experts
- Negotiate routine waivers and amendments with borrowers and sponsors
- Facilitate waiver and amendment requests with bank groups, including collecting and processing of participant lender approvals
- Respond to borrower and investor questions
- Interface transversally with other departments (Front Office, Back-Office, Legal, Credit Risk etc)
Manage a portfolio of sole lender and participant transactions as required
Implement and maintain Basel II data with counterparts in Paris;
Maintain up to date data in proprietary software, control and monitor portfolio;
Liaise with AAMO management and Data Monitoring team in Paris to maintain data integrity through controls and reconciliations;
Coordinating assignment processes
Lead and participate in internal projects as needed
Other activities include SMAC maintenance, anomaly maintenance, LGD trouble shooting and special projects, as needed. Duties encompass a high workload, time sensitive orientation.
Salary range: $90,000 - $120,000
Essential
-BA or BS in Finance or Accounting
Desirable
-MBA
2-4 years of experience in a real estate banking middle office role at a reputable firm.
· Strong written and oral communication skills
· Good interpersonal skills
· Strong work ethic
· Team player
· Problem solver
· High level of knowledge and proficiency in the corporate, lodging/gaming and retail real estate lending space