BGL BNP Paribas is one of the largest banks in Luxembourg and part of the BNP Paribas Group.
It offers an especially wide range of financial products and bancassurance solutions to individuals, professionals, businesses and private banking clients.
In 2020, BGL BNP Paribas was named Best Bank in Luxembourg by Euromoney for the fifth year in a row.
As part of its development, we are looking for a :
Trainee - Credit Structurer (M / F)
6 months starting July 2022
You need to have an internship agreement from your university to do this internship
Your mission :
Credit Structurers are key stakeholders of BEL Banque des Entreprises au Luxembourg, on whom the Bank can rely for their expertise and objectivity in corporate and SME financing structuring and analysis combining a risk awareness and a commercial approach.
They are therefore responsible for :
Structuring credit transaction with the RMs (Relationship Manager) and the clients
Gathering appropriate client / transaction information (annual reports, organization chart, web site info, broker notes, due diligence with RM) to be able to properly structure, negotiate and present transactions, optimizing the return within the context of the global relationship and taking into account the objectives of the bank
Structuring term sheets (Facility, borrower, guarantor, lender, amount, maturity, pricing, financial covenants, security) with the RMs, the client and the Legal
Recap of the SWOT and risk mitigants and determines what information needs to be further collected to elaborate a credit offer to the client
Attend client meetings conference call, which are primarily focused on financial results - business plans financing discussions
Contributing to origination / pitch meetings jointly with the RMs and other business lines.
Delivering a complete, synthetic and coherent up-to-date memo on the transaction, based on facts, compliant with banks guidelines with the RMs and other parties involved.
Guarantee the quality of the financial spreadsheet / business plan, the counterparty, financial and sector analysis and present the transaction analysis.
Completing Credit Proposals with the RM enabling Credit Committee to take an informed decision.
Leveraging on his / her expertise, the Credit Structurer discusses transaction issues with the RM and various stakeholders within the bank.
Should fundamental disagreements arise, the issue can be referred to the hierarchy for guidance through pre-screening in due time
Dissemination of relevant information / alert to the appropriate audience in case of major event or material evolution that could impact portfolio credit quality - joint responsibility of all stakeholders (notably Relationship Manager, Credit Structurer, Delegation Holder and Risk).
Guaranteeing the consistency of data
Contribute actively to the quality and integrity of client data, in particular data used in the credit process for the assessment of a clients risk parameters or credit risk
Alert on any identified risk, including compliance issues.
Contribute to global portfolio reports when information is not directly available / reliable or if a qualitative input is needed.
Sharing information and developing intelligence notably on sectorial knowledge through :
Contribute to continuous improvement initiatives (team, processes) with active participation in dedicated workshops
Maintenance of a low level of overdue files in coordination with the RMs
Advantages of the position :
This position offers a real opportunity to develop your financial, analytical and credit analysis skills within a leading international banking group.
We are working on a mix of plain vanilla and complex credit files for European and international clients operating in various industries and from various size : start-up to large corporates.
We are a dynamic, transversal and international team working in a demanding and competitive environment with direct clients and top management inter-actions.
Working environment :
The department is dedicated to professional local and international clients. Its business is growing year on year in all the activities.
As a part of it, you actively participate in its success.
Your profile : Education :
Business school, university with a major in Finance or Economics.
Professional Experience :
Ideally 6 months previous internship experience in audit, private equity and / or corporate credit analysis.
Behavioural Skills :
Ability to collaborate / Teamwork
Attention to detail / rigor
Ability to deliver / Results driven
Communication skills - oral & written
Transversal Skills :
Ability to set up relevant performance indicators
Language Skills :
Fluent in English - French / (Luxemburgish and / or German is considered as a plus)