Paris - Long Term Internship - Global Banking - Leveraged Finance Origination Analyst
Stage de 6 mois, à partir de Juillet 2019
Within BNP Paribas’ CIB division, the Debt Markets team gathers a group of 100+ loan (structured and vanilla) and bond (high grade and high yield) originators located in 2 main hubs, London and Paris, as well as in Frankfurt, Brussels, Milan, Madrid and Lisbon, covering the bank’s core clients in Europe across all economic sectors. The Debt Market team regroups DCM, Loan Syndication, Acquisition and Leveraged finance teams.
Leveraged Finance Capital Markets team is specialized in Corporate Leveraged and LBO Financing across Europe (Paris, London, Munich, Madrid, Milan, Brussels and Lisbon). These teams are responsible for the origination of Corporate Leveraged and LBO deals, from mid-cap to large-cap, and their follow up.
In the Paris office, the intern will work with the Origination team and might assist the Portfolio Management team or other European teams. He might also be exposed to other BNP Paribas teams (M&A, Syndication, Risk Management) as well as to external partners. The intern will join other interns in our team. His ability to integrate well into those different environments is key to a successful internship.
The intern will be an integral part of the Leveraged Finance Capital Markets team which is organized by project, and in which the intern will be able to participate from end-to-end to all steps of the transactions, including:
Participation to pitch to client (new LBO transaction, refinancing, extension, restructuring):
- Presentation of company (products, markets, key lending criteria, main risks, financial profile, cash-flow generation)
- Presentation of proposed financing structures
Participation in the analysis of LBO targets:
- Preparation of industry research, understanding the company profile and performance, positioning the target vs. its competitors, contribution to the risk analysis and financial projections modelling
- Work on internal credit paper : company presentation, sector, group performance, business plan and projections
Take part in the follow-up of risks through the review on the portfolio transactions’ performance:
- Update of financial results, ratios calculations and performance analysis
- Involvement in annual credit file review and elaboration of a quarterly review
Intern’s progression will depend on: - His knowledge in accounting and finance - His abilities to write and synthesize - His personal involvement - His capacity to adapt well to the working environment
This internship will help : Consolidate technical skills (financial analysis, risks analysis) in a demanding environment, under time and performance pressure Confirm interest in banking and LBO while working for a top ranked team within Europe’s leading LBO players
Business school / Engeneering school / University Good writing and expression skills both in French and English Very good skills on Powerpoint and Excel Strong interest in the social media and collaborative approach Communication skills Analytic skills Organizational skills Ability to adapt
This programme is closed to applications.