About the job
Securitization Products Group (SPG) includes Asset Backed Securities (ABS), and Collateralized Loan Obligation (CLO) / Portfolio Financing.
Your Main Activities Are
Support the SPG Origination & Structuring and Portfolio Solutions team on administrative and operational aspects of setting up and executing transactions :
Preparation of internal documentation for deal closing and booking
Review of operational aspects of legal documentation; document and advise team on operational risks
Submission into the SPG credit workflow system
Initiation and follow-up of Know Your Customer requests and client on-boarding
Booking of trades in internal systems representing the financing and payments made to parties involved in the securitisation transactions
Request and validate the process of commercial paper issuance
Control and validate receivables and cash transfers processed by the Middle Office
Support the production of internal and external reporting for SPG :
Portfolio reporting : conduit exposure breakdown, risk dashboard, annual review calendar, etc.
Budgeting and forecasting for P&L, Capital, and liquidity
External reporting : monthly investor and rating agency reports, other presentations as needed
Contribute to the Credit Management of the SPG securitisation portfolio :
Create and update internal credit memo for annual reviews, renewals, amendments and waivers and participate in credit committees
Update quarterly securitisation watchlist reports
Monitor transaction performance, update and review transaction risks (changes in concentrations, performance relative to triggers, compliance with covenants, etc.)
Provide support to SPG transversal projects
Help maintain and update internal policies and procedures
Maintain workflow and pipeline tools
Assist in implementation and monitoring of new or updated risk policies
Liaise with IT and other stakeholders for improvement of SPG tools; assist in testing updated tools
Support other ad hoc projects as needed
Assist the quarterly capital production
Review of capital data inputs into for accuracy
Consistency review of data inputs and output
Review and analysis of evolution of capital output
Liaise with the Risk and the Finance teams to provide corrections to data inputs / capital output as needed
Profile and Skills to Success
Graduate (Engineering School with specialisation in Finance or Business School)
Fluent in English; Italian or German is a plus for EMEA role
Excel / Access, VBA, database skills
Audit / Accounting knowledge is a plus
Understanding and analysing complex / structured products, related risks, and underlying legal documentation
Knowledge of internal credit and rating methodologies and policies
Knowledge of capital, liquidity, and accounting rules regarding securitization
Ability to communicate and develop good working relationships with different departments (SPG Structuring and Origination, Middle Office, Finance, Risk, Legal, IT, etc.)
Excellent written and oral communication skills
Strong availability, tenacity, initiative, commitment and curiosity
Ability to analyse and synthesise complex information, including legal documentation and large datasets
Flexible, good team player
Ability to work under pressure and deliver within tight deadlines while maintaining high standards
Why joining BNP Paribas?
Leading banking institution
BNP Paribas is a leader in the Eurozone, and a prominent international banking institution with strong roots in Europe's banking history.
It has a presence in 72 countries, with around 200 000 Employees including more than 150 000 in Europe.
Our presence in Portugal Present in Portugal
Since 1985, BNP Paribas was one of the first foreign banks to operate in the country. Today, the Group has around 6.500 employees across several entities operating directly in the territory, offering a wide range of integrated financial solutions to support its clients and their businesses.
Thanks to its international presence and regular and close collaboration among its different entities, BNP Paribas has the resources to support all clients with financing, investment, savings and protection solutions that help make their projects a success.
BNP Paribas holds key positions in its three core operating divisions : Domestic Markets and International Financial Services for retail banking and specialised financial services, and Corporate & Institutional Banking for corporate and institutional clients.
In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific.
Diversity and Inclusion commitment
BNP Paribas is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.
Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity.
We strive to reflect the society we live in, while keeping with the image of our clients.
To find out more on why you should join BNP Paribas visit https : / / bnpp.lk / why-BNP-Paribas-Portugal
Please note that only applications submitted in English will be considered.
In case you are selected for this role, further documentation will be requested to support your hiring process.