Associate/Senior Associate

CA CIB Americas - New York, NY (30+ days ago)


General information

Entity
Crédit Agricole CIB is the Corporate and Investment Banking arm of the Crédit Agricole Group, the world's n°13 bank measured by Tier One Capital (The Banker, July 2017)
Crédit Agricole CIB offers its clients a large range of products and services in capital markets, investment banking, structured finance and corporate banking.
The Corporate and Investment Bank is structured around six major divisions:
  • Client Coverage & International Network,
  • International Trade & Transaction Banking,
  • Global Investment Banking,
  • Structured Finance,
  • Fixed Income Markets,
  • Debt Optimisation and Distribution.
The Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and the Middle East.
Reference number
2018-31464
Publication date
12/06/2018
Job description
Business type
Corporate & Investment Banking

Contract type
Permanent Contract

Job summary

Summary of Position:
As a US Associate in the SFI AMO 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, UCC’s, 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;
Etc.

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

Job 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
Bachelors of Science

Desirable -
VBA capabilities a plus

Experience
2-4 years of experience

Required skills
  • Strong written and oral communication skills
  • Strong Microsoft Excel
  • Intermediate accounting
Technical skills required
Desirable -
Spanish or Portuguese a plus