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

US Associate – Structured Finance


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

2022-68082  

Update date

22/04/2022

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

US Associate – Structured Finance

Contract type

Fixed-Term Contract

Term (in months)

12 (24 if extended)

Job summary

Position:  US Associate – Structured Finance
Department: Americas Agency and Middle Office (“AAMO”)

Credit Agricole Corporate & Investment Bank’s SFI Agency team is seeking a recent college graduate who has experience in the financial industry. The ideal candidate will demonstrate strong initiative, be able to work under pressure and have an understanding of banking and capital markets.

The US Associate 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 US Associates with the tools necessary for professional growth and career advancement. The US Associate experience fosters the opportunity to connect with people who can help guide you career.

The US Associate position will be available for a maximum of 2 years.  The goal of the US Associate program is to develop the ideal candidate into a full-time position at the end of the two years.

Summary of Position:

As a US Associate in the AAMO group:
(i) Perform the duties of CACIB as a participant (sometimes Agent) in Structured Finance transactions; and
(ii) Perform additional internal tasks to monitor our portfolio.

Main Responsibilities:

Perform “CACIB as Agent” role for a portfolio of Structured Finance Agency roles:
- Assist on closings / CPs monitoring
- Coordinate fundings with multiple institutions
- Track and evaluate borrower deliverables (covenants, insurance, etc.)
- Monitor securities, guarantees and collateral
- Evaluate CP’s for construction draws, lease payments, borrower distributions, etc.
- Participate in bank meetings / conference calls
- Direct  independent engineers, lender counsels and other experts
- Negotiate routine waivers and amendments with borrowers
- Facilitate waiver and amendment requests with bank groups, including collecting and processing of participant lender approvals
- Review and distribute borrower periodic financials
- Respond  to participants questions (for Agent deals)
- Interface transversally (front office, back-office, L/C dept., etc.) for all Agency aspects
Manage a portfolio of participant transactions;
Implement and maintain Basel II data with counterparts in Paris;
Maintain up to date data in proprietary software, control and monitor portfolio;
Liaise with AMO heads and Data Monitoring team in Paris to maintain data integrity through controls and reconciliations;
Portfolio coverage throughout the Americas;
Coordinating assignment processes;
Manage and maintain a spreadsheet-based tracking database of analyst deal responsibility
Coordinate and participate in internal projects;
Participate in updating procedures;


Other activities include SMAC maintenance, anomaly maintenance, LGD trouble shooting and special projects, as needed.   Duties encompass a high work workload, time sensitive orientation.

Position location

Geographical area

America, United States Of America

City

NEW YORK

Candidate criteria

Minimal education level

Bachelor Degree / BSc Degree or equivalent

Academic qualification / Speciality

BS in Business Administration or related field

Required skills

·   Good rigor, analytic skills

·   Capacity to work autonomously and to organize work (ability to define priorities and achieve results in predefined timeline)

·   Listening and communication (oral and written) skills

·   Capacity to build good relationships with staff, clients, banks, consultants, etc.