BNP Paribas
Director, Corporate Credit Management Media & Telecom Team Lead
BNP Paribas, New York, New York, us, 10261
Business Overview:
Corporate Credit Management ("CCM") is a transversal Team in support of the approximately 800 Corporate Clients of the North American platform. The CCM Team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. The Corporate Credit Management team consists of the Credit Analyst which provide sector/transaction specialized risk monitoring for the Corporate platform.
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:Results and Impact
Able to influence peers and team.Demonstrates good judgement when making decisions of high complexity and impact.Exercise appropriate autonomy in the execution and delivery of work.Responsible for driving outcomes, which have meaningful effect on team or department.
Leadership and Collaboration:
Creates trust with colleagues.Acts in leadership capacity for projects, processes, or programs.
Client, Customer and Stakeholder Focus:
Able to build relationships with a mix of colleagues and clients.Interacts regularly with management and department leaders.Demonstrates the ability to influence stakeholders at the team level.
Compliance Culture and Conduct:
Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
•Lead the Media/Telecom Credit Subsector in origination, structuring and deal execution for existing clients and prospects including term sheet analysis of revolvers and terms loans formalized in a credit memoranda and preparation of cash flow projections associated with Leveraged Lending requirements
•Strong interaction with Coverage Bankers, Risk department, and Product Teams (amongst others, FX, IRD, Commodity, Equity Derivatives, Global Trade Solutions, Loan Capital Markets, and Leveraged Finance Teams) to ensure an efficient and smooth turnaround of transactions
•Sector primarily consists of 50 Media/Telecom companies including but not limited to diversified media & entertainment, cable, online travel, video game, and business services companies. Clients consist of corporates and sponsor owned entities
•Team consists of approx. 4 direct reports. Team member positions span from entry level to senior roles.The Team Leader provides an environment for analyst development through individual coaching, team support and formal training courses.The Team Leader is responsible for supporting client business in a risk-aware fashion, and in that process developing productive transversal relationships with partners across the firm.Team Leader will prepare mid-year and year-end appraisals of team members
•Directly cover a small portfolio of credits, including related requests/write-ups, and contribute, as needed, to team write-ups and analysis as deal flow requires.Review transaction proposals and annual reviews prepared by team members before formal submission designated approval committees, ensuring accuracy and quality standards are maintained in accordance with internal and external policies
•Assist junior members of the team in liaising with Coverage Bankers and Product Partners
•Maintain reporting related to the portfolio including pipeline tracking, exposure tracking, and other general reports
•Interact with internal and external auditors during loan examinations.
•Coordinate sector presentations with a focus on risk evolutions
Minimum Required Qualifications:
•10+ years in a Corporate Banking environment, including leverage finance
•Sector experience in media/telecom
•Undergraduate Degree in Finance/Accounting/Economics
•Strong knowledge of general banking products and banking practices including an understanding of loan structure, terms and credit agreements
•Advanced financial statement analysis and projection modeling skills
•Sound knowledge of corporate credit analysis and methodologies
•Strong interpersonal and relationship building skills
•Detail oriented with a strong knowledge of financial statement analysis and corporate credit analysis
•Strong organization skills with the ability to prioritize, multi-task and manage workflow in a changing deadline driven environment
•Strong knowledge of legal documentation including credit agreements and ISDAs
•Excellent communication skills - written, verbal and presentation oriented
•Self-starter with good initiative
•Credibility in interacting with credit process partners (Bankers, Risk, Delegation Holders, Senior Management); providing input and clarifications during Credit Committee
•Ability to synthesize information from multiple sources into a clear, concise, coherent, convincing and complete document
Preferred Qualifications:
•MBA/Master in Finance/CFA
•Formal credit training courses
FINRA Registrations Required:
Not ApplicableCFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
Not ApplicableSEC Security-Based Swap Dealer Associated Person:
Not Applicable
The expected starting salary range for this position is between $210,000 to $250,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
This application will remain open until a candidate has been selected for the role. There is no specific application timeline.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees.The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami,andWashington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunitiesto make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.
Corporate Credit Management ("CCM") is a transversal Team in support of the approximately 800 Corporate Clients of the North American platform. The CCM Team works to ensure coverage, monitoring & execution of all counterparty risk requests for the Corporate platform. The Corporate Credit Management team consists of the Credit Analyst which provide sector/transaction specialized risk monitoring for the Corporate platform.
Candidate Success Factors:
Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:Results and Impact
Able to influence peers and team.Demonstrates good judgement when making decisions of high complexity and impact.Exercise appropriate autonomy in the execution and delivery of work.Responsible for driving outcomes, which have meaningful effect on team or department.
Leadership and Collaboration:
Creates trust with colleagues.Acts in leadership capacity for projects, processes, or programs.
Client, Customer and Stakeholder Focus:
Able to build relationships with a mix of colleagues and clients.Interacts regularly with management and department leaders.Demonstrates the ability to influence stakeholders at the team level.
Compliance Culture and Conduct:
Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
Responsibilities:
•Lead the Media/Telecom Credit Subsector in origination, structuring and deal execution for existing clients and prospects including term sheet analysis of revolvers and terms loans formalized in a credit memoranda and preparation of cash flow projections associated with Leveraged Lending requirements
•Strong interaction with Coverage Bankers, Risk department, and Product Teams (amongst others, FX, IRD, Commodity, Equity Derivatives, Global Trade Solutions, Loan Capital Markets, and Leveraged Finance Teams) to ensure an efficient and smooth turnaround of transactions
•Sector primarily consists of 50 Media/Telecom companies including but not limited to diversified media & entertainment, cable, online travel, video game, and business services companies. Clients consist of corporates and sponsor owned entities
•Team consists of approx. 4 direct reports. Team member positions span from entry level to senior roles.The Team Leader provides an environment for analyst development through individual coaching, team support and formal training courses.The Team Leader is responsible for supporting client business in a risk-aware fashion, and in that process developing productive transversal relationships with partners across the firm.Team Leader will prepare mid-year and year-end appraisals of team members
•Directly cover a small portfolio of credits, including related requests/write-ups, and contribute, as needed, to team write-ups and analysis as deal flow requires.Review transaction proposals and annual reviews prepared by team members before formal submission designated approval committees, ensuring accuracy and quality standards are maintained in accordance with internal and external policies
•Assist junior members of the team in liaising with Coverage Bankers and Product Partners
•Maintain reporting related to the portfolio including pipeline tracking, exposure tracking, and other general reports
•Interact with internal and external auditors during loan examinations.
•Coordinate sector presentations with a focus on risk evolutions
Minimum Required Qualifications:
•10+ years in a Corporate Banking environment, including leverage finance
•Sector experience in media/telecom
•Undergraduate Degree in Finance/Accounting/Economics
•Strong knowledge of general banking products and banking practices including an understanding of loan structure, terms and credit agreements
•Advanced financial statement analysis and projection modeling skills
•Sound knowledge of corporate credit analysis and methodologies
•Strong interpersonal and relationship building skills
•Detail oriented with a strong knowledge of financial statement analysis and corporate credit analysis
•Strong organization skills with the ability to prioritize, multi-task and manage workflow in a changing deadline driven environment
•Strong knowledge of legal documentation including credit agreements and ISDAs
•Excellent communication skills - written, verbal and presentation oriented
•Self-starter with good initiative
•Credibility in interacting with credit process partners (Bankers, Risk, Delegation Holders, Senior Management); providing input and clarifications during Credit Committee
•Ability to synthesize information from multiple sources into a clear, concise, coherent, convincing and complete document
Preferred Qualifications:
•MBA/Master in Finance/CFA
•Formal credit training courses
FINRA Registrations Required:
Not ApplicableCFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):
Not ApplicableSEC Security-Based Swap Dealer Associated Person:
Not Applicable
The expected starting salary range for this position is between $210,000 to $250,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.
In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.
This application will remain open until a candidate has been selected for the role. There is no specific application timeline.
About BNP Paribas:
BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees.The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami,andWashington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.
As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunitiesto make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.
BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/
BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.