US Associate - Corporate Coverage

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 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

2023-77026  

Update date

20/03/2023

Job description

Business type

Types of Jobs - Corporate & Investment Banking

Job title

US Associate - Corporate Coverage

Contract type

Fixed-Term Contract

Term (in months)

24

Expected start date

01/05/2023

Management position

No

Job summary

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.

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 bankingPosition

Summary

This US Associate 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 U.S. 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 U.S. Associates with the tools necessary for professional growth and career advancement.

 

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

 

Key Responsibilities

·        Provide Origination/Client Coverage support to Senior and Junior Bankers.

·        Develop an in-depth understanding of the Credit Agricole Group’s product offering and network as well as an understanding of how the Bank’s products and network apply to the Team’s clients and prospects.

·        Prepare pitch books for client and internal presentations.

·        Prepare briefing memos for client visits and for internal presentations/committees.

·        Prepare financial models and pro forma capital structures for idea generation and client visits.

·        Learn the fundamentals of financial and strategic analysis.

·        Maintain global control over revenue budgets for each primary coverage client and support Senior Bankers in managing revenue budgets for all other Team clients.

·        Develop an in-depth understanding of clients’ and prospects’ strategies and business models.

·        Manage credit request and approval process for new transactions, amendments and annual reviews.

·        Liaise with product groups and international counterparts to ensure approvals are received in a timely manner.

·        Monitor and ensure compliance with all Know Your Customer requirements, internal monitoring requirements, portfolio reviews, etc.

·        Analyze risk/return metrics on all stand-alone transactions and client relationships.

·        Cultivate and upgrade prospect list for future client development.

 

 

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

·        BA/BS degree, including accounting / finance / economics coursework

Level of minimal experience

0-2 years

Experience

·        Graduated or anticipated graduation between the timeframes of                          May 2022 - June 2023

 

Required skills

·        Resourceful, takes initiative, is detail-oriented

·        Strong interpersonal skills and ability to multi-task

·        Strong computer skills including use of Excel, PowerPoint, Word

·        Developed oral and written presentation skills

·        Basic grasp of risk/return analysis concepts and tools

·        An understanding of banking/corporate finance

·        Familiarity with banking and capital markets 

 

Technical skills required

·        Financial modeling skills

Languages

English