London - Long term internship – Corporate Debt Platform Execution Group

WHO WE ARE

The BNP Paribas Group is a leader in banking and financial services, employing over 180,000 people across 75 countries and 5 continents. BNP Paribas Corporate & Institutional Banking (CIB) is a leading European investment bank with global leadership in many of our businesses. BNP Paribas CIB, with over 30,000 employees in over 50 countries, can offer you an exciting and truly global career.

At BNP Paribas CIB, we work continuously on behalf of our clients, helping them to realise their projects around the world. You can be an important part of this, helping us to serve our clients both in mature and emerging markets, providing them with financial solutions across a diverse range of expertise, products and services. Our origins lie in Europe but nearly a quarter of our employees now work in our multi-award-winning Asian offices and we are a committed player in all markets.

Strong risk management, combined with the stability that comes from being part of one of the largest banking groups in the world, underpin our success. Joining us, you’ll become an integral part of a dynamic team that spans nationalities, cultures and backgrounds, drawing together people from around the globe and reflecting our commitment to international placements.

DEPARTMENT OVERVIEW

BNP Paribas’ Corporate Debt Platform (“CDP”) offers a broad range of financing products and services in the global debt capital and loan markets. The CDP client base comprises of hundreds of corporations globally.

CDP has the scale and reach to conduct business anywhere in the world and deliver financing products denominated in the major global currencies – from USD to JPY. The bond origination franchise can rely on syndicate hubs in New York, London, Tokyo, Zürich, Hong Kong, Singapore as well as Brussels and has thus one of the most global footprints among the major banks.

OVERALL JOB PURPOSE

Opportunity to join the Corporate Debt Platform Execution Group. The group is responsible for origination, structuring and execution of a variety of debt financing transactions, including syndicated loans, corporate acquisition finance and debt capital markets issues for a broad range of clients across the ratings spectrum. The focus of the role in the Execution Group will be on pitching, structuring and executing Acquisition Financings for Corporate clients (Investment & Non-Investment Grade) and refinancing proposals including loan and bonds spanning the credit spectrum.

KEY RESPONSIBILITIES

• Preparing pitch books to market companies alongside the various teams across Coverage & other business lines like Corporate Finance, ECM, DCM & loan Syndication
• Constructing and analysing financial models, including assessment of external credit ratings, prepare credit committee papers and manage the internal credit process, and;
• Managing transactions post-closing (Acquisition Finance facilities)

QUALIFICATIONS

• Strong academic record
• Fluent in English and another European language would be beneficial
• Excellent verbal and written communication skills
• Working knowledge of the debt markets and strong credit analysis skills
• Strong financial modelling skills
• Excellent quantitative and analytical skills
• Analytical mind-set and commercial knowledge of the credit risk issues and capital markets
• Understanding of the role and functions of Rating Agencies
• Team player – cooperates and communicates at all levels
• Excellent organizational skills, able to multi-task across many projects and plan ahead
• Strong interpersonal skills and proactive approach to problem solving
• Ability to work under pressure and multi-task
• Attention to detail, adherence to the highest quality standards

CORE COMPETENCIES

• Drive for results: Delivers high quality work
• Risk awareness: Demonstrates a good awareness of risk and fundamental risk concepts. Always considers risk in his/her daily activities and abides by the Key Front Officer Responsibilities, where relevant
• Corporate role model, integrity & ethics: Acts with discipline and high ethical standards
• Team player & cross cultural awareness: Works effectively in a team. Collaborates and shares information and solutions with colleagues, with other teams and stakeholders
• Client focus: Sees stakeholders as well as external clients as “customers”

TECHNICAL COMPETENCIES

• Market, product & business: Is genuinely interested in financial markets and continually learning and staying abreast of new developments. Evidences a good appreciation of economics and market dynamics, with enough understanding to present views on market conditions and trends
• Business risk: Understands the market, credit, operational, compliance, legal, regulatory and reputational risks of transactions he/she managers

ESSENTIAL PERSONAL SKILLS

• Diligence: Displays dedication and prioritises problems by considering the impact on the business; identifies quick-wins as well as building long-term relationships
• Resilience: Stays calm and positive, controls his/her emotions in conflict or any situation of intense stress (due to market, time or client pressure)
• Communication (Active listener and clear communicator): Communicates clearly in in English. Communicates pro-actively with management, escalating issues as necessary
• Innovation: Thinks laterally to identify other sources of useful information and sees ways around obstacles and barriers

CONDUCT

• Be a role model, supporting and fostering a culture of good conduct
• Demonstrate proactivity, transparency, and accountability for identifying and managing conduct risks
• Consider the implications of your actions on colleagues, partners and clients before making decisions
• Escalate issues to your manager when unsure

Location: London

Duration: 6 Months

Start Date: ASAP

Salary: Competitive