Job Description

Business Overview:

North America Coverage is responsible for cross-selling an array of the firm's services across strategically targeted corporate clients in various business sectors.  The Tech, Media, Telecom Coverage group manages clients in numerous sub-sectors, and the Credit Management team supports the Coverage bankers with all first line credit responsibilities.  Within TMT sits the Media/Telecom team. 

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:

The Credit Associate will be responsible for managing corporate & LBO client relationships from a credit perspective. Specifically, the Credit Associate will be involved in:

• Monitor the credit quality of a portfolio of assigned client names in the Media and Telecom sectors, including investment-grade, high yield, and sponsor-owned clients. This includes periodic review of borrower financial statements, press releases, news articles, industry information, rating reports, peer analysis, etc.
• Prepare credit proposals for new client originations, underwritings, refinancings, amendments, and annual reviews.
• Coordinate credit process with relevant coverage, product, and risk teams to ensure efficient turnaround of transactions.
• Present higher risk clients in formal monitoring meetings, including Quarterly Sector Reviews and Watch List. 
• Create and maintain client exposure and internal risk ratings using bank rating methodologies.
• Participate in client calls (including bank meetings) as needed for due diligence on assigned client names. 
• Maintain reporting related to portfolio including deal flow, exposure tracking, and other general reports.
• Interact with internal and external auditors during loan examinations.  
• Interact with other bank branches to coordinate information on group or contributor strategies.
• Mentor juniors and be a team player supporting and working with other team members, bringing value and contributing to the success of the Team

Strengths and skills that will help you succeed:

• Knowledge of general banking products and banking practices 
• Understanding of the Media/Telecom sector is a plus but not mandatory. 
• Ability to multi-task and ability to work under quick turnaround times as needed in live deal transactions.
• Good verbal and written communication skills; professionalism in dealing with Senior Bankers (Director and above) on a daily basis.
• Self-Starter with ability to take initiative when working alone or with peers. 
• Experience with M&A transactions, LBO financing a plus.

Minimum Required Qualifications:

• Bachelor’s degree in Finance, Economics, Accounting or other similar areas. 
• 4+ years prior experience in a Corporate Banking (preferably in corporate credit) environment or Rating Agencies covering corporate clients.
• Solid knowledge of loan structures, terms, credit agreements and projection modeling skills are required. 
• Proficiency in Word and Excel and knowledge of English language is required. 

Preferred Qualifications:

FINRA Registrations Required:

• Not Applicable 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $125,000 to $155,000 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.

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, and Washington, 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 opportunities to 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 -

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.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

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