BNP Paribas Securities Corp.

Job Title: Associate, Credit Solutions

Location: 787 7th Ave, New York, NY 10019

Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure. Develop and Implement process automation tools (VBA) to streamline financial reporting and risk monitoring. Apply cross border expertise across European Markets to evaluate credit risk, ensure consistency in underwriting standards and provide effective challenge to investment decisions.    

SALARY: $180,107 – $200,000/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements:  Master’s degree (US or Foreign Equivalent) in Corporate Finance, Financial Engineering, or Quantitative Finance and five (5) years of experience in Finance. Must have three (3) years of experience with: Hands-on experience in leveraged finance and private debt; Risk & Credit Monitoring – Expertise in credit event monitoring, annual/quarterly reviews and KYC compliance; Credit & Financial Modelling – Advanced skills in building and stress testing financial models, cash flow projections and loan valuation analyses; Portfolio Management and Reporting – Skilled in monitoring borrower performance, preparing detailed loan reports and presenting to committees; Process Automation (VBA) – Developed Automated Tools to Streamline credit analysis, reporting and team productivity; and Cross Border Expertise across European Markets. FINRA registration: SIE, Series 63 and 79 (pass exams within 3 months of hire).

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

Business Overview:

The Strategy & Transformation (S&T) organization partners with BNP Paribas’ executive management and senior leadership to design and drive strategically important initiatives and projects, supporting the development and transformation of the Bank in the region. These initiatives cover the full change management value chain from strategy to implementation, including strategic planning, business development, operating model transformation, process reengineering, and advanced analytics. 

Our organization is comprised of five sub-teams: 1) Consulting & Transformation, 2) Analytics Lab, 3) CEO Office, 4) Sustainability Office, and 5) Corporate Governance. We deliver value across the region through an integrated approach with deep international connectivity and a strong focus on servicing internal clients. Our team is highly collaborative internally and with clients across the Bank. Engagements often span multiple business lines, functions, and/or regions within various BNP Paribas entities, enabling employees to build a strong network upon which to build their career. Our team has access to the rigorous training and development opportunities of top-tier consulting firms, combined with access to the resources of a premier global investment bank.

The Transversal Change (TRAC) team is a rotational leadership development program that provides a structured, curated project experience for more junior team members to learn the core consulting skill set. The Head of TRAC builds, oversees, and evolves the program while also delivering core consulting projects to maintain connectivity to BNPP’s Business Lines and Functions.

Responsibilities:

What You Will Need: 

Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities. 

They are highly driven, intellectually stimulating, and crafted to build your real-world capabilities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well, to clients and colleagues alike.

• Graduation year of Winter 2027 – Spring 2028
• All majors accepted
• Demonstrated interest in financial services and consulting

 

Required Competencies:

 

Preferred Qualifications:

Internship experience within financial services and/or consulting preferred but not required; the team is seeking candidates from a broad range of backgrounds and experiences who can demonstrate the critical thinking and learning agility necessary to succeed in the role. 

 

What Does Our Summer Internship Program Look Like? 

At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.

Over the course of the internship, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.

As an Intern, you will:

• Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
• Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests are aligned
• Participate in a summer senior speaker series to gain a comprehensive understanding of financial markets and the industry
• Network with colleagues and learn about industry topics, life at BNP Paribas and participate in philanthropy and social events

Compensation:

The base salary for this position in New York, NY and Jersey City, NJ is $95,000.

 

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

BNP Paribas Securities Corp

Job Title: Associate, Credit Solutions

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Assist in the origination, structuring, portfolio management and syndication of structured finance transactions. Leverage BNP’s expertise in various asset classes by partnering with other business lines within Asset Finance & Securitization. Develop relationships with existing and prospective clients for the CLO & Senior Portfolio Financing (SPF) business, coordinating with Sales & Financial Institutions Coverage (FIC). Evaluate and identify the leverage needs of Direct Lending & other Credit investors and propose financing solutions as applicable. Provide analytical and project support on new and existing transactions. Prepare and present credit risk memos for credit risk committees in connection with mandated transactions and amendments. Model financial transactions using Excel for internal risk assessment. Maintain internal financial models and analyze business risks, capital structure, terms, valuation, and liquidity.    

SALARY: $180,107.00 USD to $200,000.00 USD/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and five (5) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience OR Master’s degree (US or Foreign Equivalent) in Economics, Finance, Mathematics, or Management and three (3) years of experience in Investment Banking, buyside credit, relevant securitization business or other relevant experience. Must have five (5) years of experience (or 3 with Master’s) with: Using securitization technology to provide structured credit solutions across various product types including ABLs, warehouses, TRS, rated products; Building borrowing base and other cash flow models to underwrite a portfolio of credit assets; Preparing credit memos outlining the structural protections and asset performance of underlying assets; Evaluating portfolios across Direct Lending, Opportunistic credit and Asset backed finance to originate transactions; Assisting in the pricing and distribution of bank held tranches to co lenders and other credit investors; and Analyzing the credit strengths and risk/ mitigants of transactions across corporate credit and other asset backed financings. FINRA Registrations Required: Series 7, 63 and SIE.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

BNP Paribas RCC Inc.

Job Title: Vice President, FX PB Developer

Location: 525 Washington Boulevard, Jersey City, NJ 07310

Duties: Design and develop new pieces of software or to enhance existing software to provide a new functionality List. Analyze, design, and develop software applications using Java, Spring framework Technologies in multiplatform environment. Map project requirements to the spring boot microservice-based architecture and create technical design documents. Full software development lifecycle; inclusive of design, programming, integration testing, UAT and deployment. Manage the release process by raising appropriate requests and coordinating w/ CM and APS Teams. Deliver prioritized projects within agreed timeframe and budget. Identify and address the fix for production issues within a minimum time. Participate in Development and Integration of FX proprietary system. *Telecommuting permitted 50%: work may be performed within normal commuting distance from the BNP Paribas office in Jersey City, NJ.

SALARY: $189,592 – $200,000/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Computer Engineering, Electronics Engineering, or related field and eight (8) years of experience in Software Engineering or Development OR Master’s degree (US or Foreign Equivalent) in Computer Engineering, Electronics Engineering, or related field and six (6) years of experience in Software Engineering or Development. Must have eight (8) years of experience (or 6 with Master’s) with: Working with Oracle database environment; proficiency in Java platforms and related technologies, such as Spring Framework, Concurrency, Multithreading, JDBC, and Functional programming using Lambda; Expertise in version control system, such as Git; Experience in Build tools and plugins, such as Maven, Gradle, and Ant. Must have six (6) years of experience with: Cloud Application design involving Spring Cloud Framework. Experience with Application Server, such as IBM WebSphere, Web Server, Apache Tomcat, and IIS; Microservices Container Architecture, such as Spring Boot and J2EE tool suits. Must have three (3) years of experience with: Real-time messaging technologies (ex MQ-Kafka…);overall web architecture design, optimization and improvement; Knowledge and experience of UI technologies, HTML5, Java Script, Angular and CSS; Knowledge and Experience of Swagger Open API Documentation and Rest API.; Knowledge and Experience of CI/CD with Jenkins or equivalent. e.g. Bamboo; Experience in Banking industry.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

BNP Paribas RCC Inc

Job Title: Assistant Vice President, SLA Coordinator

Location: 525 Washington Blvd, Jersey City, NJ 07310

Duties: Responsible for oversight and governance around all Service Level Agreements (SLAs) between BNPP entities of the North American Region and the rest of BNP Paribas Group entities worldwide. This includes documenting all services exchanged between BNP Paribas entities and serve as the point of contact for any SLAs related to the North American Region (scope includes U.S. entities as service provider or recipient of services). Manage the SLA process from introducing agreement to entities to negotiating its details. This entail operation in subject matter expert-capacity to perform business analysis, guide and advise business owners, relevant stakeholders, and senior management how to properly document a relationship and assist in the development or improvement of SLAs in order to help facilitate services amongst the various entities of BNP Paribas. Manage and coordinate the development or improvement Agreements Process from initial analysis ( if none exist today) and optimize already existing Agreements so as to help facilitate services among the various different BNP Paribas entities. Facilitate technical and legal negotiations with each of the entities involved with North America functions [notably Tax, Compliance, Finance, Data Office, Legal, Third-Party Risk Management] on specifics relating to the Agreements, establish review process, manager version control, channel feedback, and provide clarifications with the support of the legal department and/or business sponsors if required. Facilitate and manage the editorial, review, and proof-read process together with concerned Entity ensuring Agreements are written in a clear, concise, and precise manner, agreeable and understood by all parties involved. Maintain SLA framework by ensuring that ensure that SLAs are drafted and executed in line with regulatory requirements and Third-Party Risk Management Framework for affiliate’s including but not limited to respective onboarding in BNP Paribas TPRM (Third Party Risk Management) tools with respect to monitoring risk arrangements and risk rating. This includes coordinating with Operational permanent control to assess RCSA of business activities, accurately mapping relevant data points such as process codes that follow the Bank Group Taxonomy and onboarding SLA relationship in CIB TPRM tools such as RISK360 and Process Unity to monitor risk arrangement. Perform Gap analysis yearly control which includes coordinating with cost accounting teams to extract the data from various tools and then run analysis on territory group charges, step 1.5 and cost-plus invoices. Following that with performing in depth research and analysis regarding the identified gaps, cross check referential data with business line cost allocation methodology, revenue sharing and métier/entity mapping. Manage year-round SLA recertification in accordance with RISK417 Outsourcing policy, by ensuring there is accurate and timely attestation of SLA accuracy as it relates to services provided, related pricing, risk levels documented. In addition to this, manage any necessary changes through the controlled workflow process of termination or recertifying. Provide technical support and guidance to business sponsors or other parties involved in using BNPP tools (DOCS and Argos) and maintaining the electronic library in the local NAR SharePoint site and the global Argos repository, once fully implemented. *Telecommuting permitted 60%: work may be performed within normal commuting distance from the BNP Paribas RCC Inc. office in Jersey City, NJ.

SALARY: $103,200 – $125,000/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements:  Bachelor’s degree (US or Foreign Equivalent) in Data Analytics, Operations research, or related and one (1) year of experience in inter affiliate SLA coordination. Must have one (1) year of experience with: Strong analytical, business analysis and financial data reconciliation skills; developing interactive dashboard using data visualization tools such as Power Bi; In-depth understanding and interpreting legal entity structure and jurisdiction in multinational corporation setting; High proficiency in Microsoft Excel, including Excel VBA, power query, and power pivot functions; Regulatory and internal control knowledge of inter-entity agreement; Intermediate Project management skills, for projects related to trade workflow design, regulatory reporting remediation, and gap analysis and recommendation; High proficiency in managing and configuring SharePoint and similar cloud-based platforms; Proficiency in Audit trail maintenance and regulatory compliance monitoring; Advanced capability to manage and coordinate full-cycle regulatory and operational processes and workflow; and In-depth understanding of Operational Risk and Control frameworks.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

BNP PARIBAS RCC INC.

Job Title: Assistant Vice President, Credit Analyst (Financial Sponsor)

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Prepare credit memos on new deals and annual reviews for extensions of credit to private equity funds, private credit funds, business development companies and asset management companies. Perform financial, industry and risk analysis to support derivative, financing and lending activity to this client base. Work with relationship managers, business lines, risk partners, legal and clients to ensure proper structuring of new transactions and credit terms in legal agreements. Assign internal risk ratings for clients and deals to drive capital requirements and internal approval delegation. Utilize internal credit analytics tools to simulate counterparty credit risk exposures and mitigate limit breaches. Evaluate complex structures of private equity/credit funds and recommend appropriate remedies for risk mitigation through guarantees and other legal protections. Lead due diligence calls / meetings with clients to evaluate key risk factors including entity structure, leverage, liquidity, investor base composition and trading strategy. Train junior team members on key credit skills and considerations to ensure no credit losses for the firm. Participate in ad-hoc projects for improvements in credit risk frameworks, tools and senior level industry analysis around the sector specialty. *Telecommuting permitted 40%: work may be performed within normal commuting distance from the BNP Paribas RCC, Inc. office in New York, NY.

SALARY: $140,000 – $150,000/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements:  Bachelor’s degree (US or Foreign Equivalent) in Finance, Economics, or related field and three (3) years of experience in offered or related roles. Must have three (3) year of experience with: Financial Sponsors and Alternative Funds; Analyzing Financial Statements of Private Investment Funds, including leverage, liquidity, performance, portfolio diversification and asset quality; Counterparty Credit Risk focused on fund structures, market dynamics for illiquid alternative funds and structuring deals and credit proposals; Expertise in banking products, covering both lending (capital call subscription lines, BDC revolvers, NAV lending) and capital markets (FX and rates hedging, loan TRS, repo, Prime Brokerage) offerings; Familiarity with credit terms in key legal agreements which include ISDA, GMRA, and loan documentation; Knowhow of Private Equity and Private Credit Financing; Proficiency in MS Tools; Portfolio Management.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

Business Overview:

Our Global Markets Americas (GMA) team works with a variety of clients, including governments, multinationals, private banks and global institutions. From hedging and financing opportunities across every asset class, to research and market intelligence, our clients rely on us to develop and deliver market-leading solutions and impeccable service as standard.

The GMA Sales Internship Program is rotational – you will spend each half of your internship with two different global business lines (GBLs) and functional roles.

The Global Business Lines includes Global Credit, Global Equities, Global Macro- Equity Derivatives (EQD), Foreign Exchange, Local Markets, & Commodity Derivatives (FXLM.COMM), G10 Rates, Markets 360 (Research & Strategy), Primary Credit Markets (PCM), and Prime Solutions & Financing (PS&F).

The role will be Sales focused. The primary expectations of this job will be to analyze opportunities, produce research and market analysis and develop market commentary for internal and external distribution. Sales represents a forward-thinking opportunity to join a successful and highly motivated team that works with a global client base across the widest range of assets.

What You Will Need: 

Our internship programs are a springboard for college students to launch their careers through exciting and intellectually stimulating opportunities. To succeed amongst our teams, we look for those with a strong academic story, sharp analytical skills, and the ability to articulate ideas well-to clients and colleagues alike.

• Graduation year of Winter 2027 – Spring 2028
• All majors accepted
• STEM majors a plus
• Good understanding of management accounting
• Fast learner
• Results oriented
• Excellent written and oral communication skills 
• Autonomous

What Does Our Summer Internship Program Look Like? 

At BNP Paribas, our people are our greatest asset, and we are committed to helping you grow from day one. The internship program is our primary source for hiring early talent into the Bank, providing you with the network and resources you need to build a successful career.

Over the course of the internship, you will acquire in-depth insight into BNP Paribas and gain valuable and practical experience. Whichever area you are placed in, you will join a team of award-winning specialists in a dynamic, collaborative environment. Through the program, interns have a distinct opportunity to gain guidance from mentors and exposure to senior leaders within the Bank.

As an Intern, you will:

• Engage in an initial induction training that will set you up to succeed, and allow you to network with your intern class across all business divisions
• Complete technical projects and collaborate with colleagues across the Bank, gaining exposure to real work in order to identify your skills and explore where your interests are aligned
• Participate in a summer senior speaker series to gain a comprehensive understanding of financial markets and the industry
• Network with colleagues and learn about industry topics, life at BNP Paribas and participate in philanthropy and social events

Compensation:

The base salary for this position in Boston, MA is $110,000.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

BNP Paribas Securities Corp.

Job Title: Associate, Credit Manager

Location: 787 Seventh Avenue, New York, NY 10019

Duties: Manage systems, processes and personnel to uphold high standards of control on credit risk and operational governance. Perform in-depth credit analysis of leveraged loans (both single-name and portfolios; both broadly syndicated and direct-lending/private credit) and other high-yield instruments. Monitor performance of higher risk and/or larger positions, maintaining updated financial models and analysis of business risks. Review legal documentation, including credit agreements, indentures, intercreditor agreements. Participate in calls with and meetings with investment managers, company management, and other buy and sell-side professionals. Prepare and submit quarterly and annual reviews on higher risk / watch-listed assets. Provide real-time opinions on trading decisions and valuation. Collaborate with other research analysts. Lead/participate in Research projects. Maintain and develop risk management systems and produce reporting relating to exposure.  

SALARY: $150,000 – $200,000/ year

Work Schedule: 9am to 5pm, 40 hours a week. (Monday – Friday)

Job Requirements: Bachelor’s degree (US or Foreign Equivalent) in Corporate finance, Financial Risk Management, and/or quantitative training (e.g., Mathematics, Computer Science, natural sciences, engineering, economics, etc.) and three (3) years of experience in Finance. Must have three (3) years of experience with: Experience in leveraged loans; Performing financial and credit analysis, and transactional execution; Conducting financial research using web-based databases, including S&P, Moody’s, CapitalIQ, and/or Pitchbook; Analyzing legal documentation to interpret the facility structure and evaluate the secured lender protections.

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com, @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.

Business Overview:

The FIBO Funding Desk is responsible for all funding functions pertinent to both Prime Broker and Fixed Income entities, including the proper booking and settlement of transactions and enforcing efficient cash management policy for the proper funding of the corresponding USD cash accounts.

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work. 
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus: 
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level. 
• Compliance Culture and Conduct: 
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities: 

Cash funding for multiple Prime Brokerage and Fixed Income bank accounts, end of day cash account reconciliations, and research of nostro/depo reconciliation breaks. 

Minimum Required Qualifications:

• Candidates should have at least 5 years’ experience in a broker/dealer environment and have close contact with Front Office and Operations teams.  
• Bachelor’s degree preferred.  
• Necessary characteristics include attention to detail, accuracy, reliability, initiative, and the ability to work under pressure.         
• Candidates must be able to work well with multiple teams, including Front Office & Operations.

Preferred Qualifications: 

• Knowledge of Broadridge ADP ICI Impact systems
• Bank of NY Broker Dealer Clearance 
• General knowledge of Back Office Operations
• Knowledge of Cash Funding Operations
• Ability to work well with Front Office and multiple Operations teams throughout the day
• Comprehensive research and analytical skills

FINRA Registrations Required:  

• Not Applicable 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $105,000 to $135,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.  

Business Overview:

RISK MFI Credit & Counterparty Risk (CCR) Team’s main responsibility is risk management oversight and control of credit and counterparty risks within the remit of RISK MFI’s authority for all activities conducted within BNP Paribas. 

RISK MFI CCR Team promotes a holistic and integrated end-to-end approach of risk management – whereby the collective efficiency is improved. The CCR Team is structured to ensure a full consistency between counterparty and credit risks approach for each approval across MFI.

CCR Team comprises three sub-teams:

Candidate Success Factors:

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
  • Able to influence peers and team.
  • Demonstrates good judgement when making decisions of high complexity and impact.
  • Exercise appropriate autonomy in the execution and delivery of work. 
  • Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
  • Creates trust with colleagues.
  • Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus: 
  • Able to build relationships with a mix of colleagues and clients.
  • Interacts regularly with management and department leaders.
  • Demonstrates the ability to influence stakeholders at the team level. 
• Compliance Culture and Conduct: 
  • Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
  • Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.

Responsibilities: 

Main responsibilities of the Regulated Fund team:

Interact with the Coverage of Financial Institutions and Business Lines

• Assess, with the support of the credit risk analysts, the credit proposal in the light of FIC commercial strategy, coverage memo, and of any material information (transaction or risks) provided by the Relationship Manager.
• Contribute together with Coverage and ICAT to the identification of the credit points that need to be discussed with the client (during Due Diligence for example).
• Discuss the requests of Credit limits with the Business Lines together with Credit Analyst
• Demonstrate knowledge of capital markets traded products such as interest rate, credit, and equity derivatives, bond options, repos, foreign exchange, equity trading, and securities lending.
• Work with Coverage of Financial Institutions and Business Lines to mitigate risk related to the counterparties.

Contribute To

• Contribute to the risk strategy definition by providing recommendation on the risk profile of the counterparty and on specific transactions in relationship with the appropriate stakeholders
• Contribute to the Bank’s reactivity vis-à-vis clients’ expectations by prioritizing urgent requests under his/her responsibility with his/her manager

• Provide RISK MFI comments/recommendations for Transactional and New Activity Committees (TACs/NACs) when related to RFs or HRFs
• Contribute to the development of the Regulated Funds framework to ensure a robust risk management architecture.

Minimum Required Qualifications:

• Bachelor’s degree required, with finance or economic backgrounds preferred. 
• 10+ years previous experience in banking and/or credit risk experience on covered sectors with priority for asset managers/regulated funds

• Self-starter and highly motivated

Preferred Qualifications: 

• MBA or CPA/CFA a plus

FINRA Registrations Required:  

• Not Applicable 

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required): 

• Not Applicable 

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable 

While the description above describes our ideal candidate, we encourage applicants to apply even if they do not fully meet the complete list of qualifications noted.

The expected starting salary range for this position is between $200,000 to $265,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

In addition, our comprehensive benefits package aims to support our employees in various aspects of their lives. From healthcare and wellness programs to retirement plans and childcare services, we prioritize the well-being and growth of our employees. Our benefits include medical, dental and vision coverage, a 401(k) Savings Plan, backup childcare, life, accident and disability insurance, mental health support and paid time off. Additional details about our benefits offerings, inclusive of eligibility for a discretionary bonus, will be provided during the hiring process.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose – to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential. 

BNP Paribas. The Bank for a Changing World – https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status.

Protect yourself from fraudulent job postings. Emails about jobs at BNP Paribas will always come from addresses ending @bnpparibas.com @us.bnpparibas.com, @ca.bnpparibas.com, or @br.bnpparibas.com. You should be suspicious of emails regarding employment with BNP Paribas coming from any other domains and should not respond. BNP Paribas will never send payments to or request payments from candidates for positions posted by BNP Paribas.