Vice President Credit & Portfolio Management (CPM) Project Finance

We are accepting both Vice President and Associate applications for this role.

Business Overview:

Energy, Resources & Infrastructure ( ERI ) provides advisory services, arranges, structures and advances non-recourse (or limited recourse) loans aka Project Finance loans for client activities including power and energy; renewables, such as wind, solar, batteries and bio-fuel; and infrastructure including digital infrastructure, data centers etc.

The origination and execution of Project Finance transaction is done by the ERI Origination and Execution Group which is a part of the Asset Finance and Securitization (" ASF ") group.

Open Position
The ERI Credit and Portfolio Management ( CPM ) is part of AFS and is responsible for the monitoring and proactive management of the ERI loan portfolio in North and Latin America, after the initial financial closing until termination / repayment. The team manages all aspects of credit management including annual reviews, amendments & waiver requests, functioning as Administrative Agent in some cases, loan repayment, consistent monitoring of operational and financial performance of Borrowers etc.. The ERI CPM team co-ordinates with the ERI Origination team as required.

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:

Portfolio and Account Management Responsibilities:

• Understand and independently manage all aspects of a number of assigned Project Finance accounts, including credit, legal, and compliance issues. Assigned accounts could include several complex transactions including deals where BNPP is the Agent Bank. Deals will include, gas-fired merchant power plants, renewables, infrastructure projects, etc.
• Guide / advise Associates and Analyst on the team.
• Prepare credit and financial analysis and complete Annual Reviews and Quarterly Watchlist / Doubtful Reports.
• Prepare internal credit proposals for amendments, waivers, and other requests for deals where BNPP is a participant.
• Perform financial modeling and run sensitivities for transactions; interpret model results and create summaries to be used in internal and external documents.
• Handle compliance and covenant related issues, including monitoring compliance receivables for each account.
• Proactively identify risks in the portfolio and deteriorating credits; communicate proactively with senior managers, Risk officers, Origination team members, relationship managers etc.
• Liaise with the Bank's Restructuring team for troubled deals.
• Help in origination and execution activities wherever appropriate.

Agency Account Management Responsibilities:

• Negotiate and co-ordinate amendment and waiver requests for deals Agented by BNPP; liaise directly with borrowers, legal counsel, consultants, and Lenders.
• Attend meetings and conference calls with Lenders and clients.
• Update, discuss, and answer questions from participant Lenders.
• Review legal documentation and manage legal due diligence process with appointed lawyers.
• Prepare credit-focused memos for internal and external dissemination.

strongOther Responsibilities:

• Contribute to ERI Portfolio Review, including overview of the ERI portfolio, sector concentration, historical evolution of the portfolio, etc.
• Respond to ad-hoc requests for reports and presentations from Risk and Management.
• Take ownership and lead other initiatives such as industry reviews, simulations of the entire portfolio based on certain parameters etc.

Minimum Required Qualifications

• Bachelor's degree
• 5 or more years of prior experience in commercial/investment banking/credit rating agency, or in performing financial modelling, or financial and credit analysis.
• Strong Microsoft Office skills, especially financial modelling skills in Microsoft Excel.
• Good verbal and written communication skills required (ability to present a deal structure and highlights to credit committees, senior management, and other lenders).
• Good interpersonal skills and team spirit.
• Ability to work reasonably long hours and meet tight deadlines.
• Strong analytical skills, including financial and credit analysis.

Preferred Qualifications:

• MBA / CFA / CPA with at least 3 years of prior work experience.
• Good understanding of and familiarity with financial statements, accounting, corporate finance principles, debt structures, etc.
• Familiarity with and efficiency in reading and understanding legal documentation (preferably legal documentation related to Project Finance including security agreements and project agreements).
• Spanish language will be a plus.
• Prior experience in Project Finance (or other structured finance products) would be a strong positive.

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 $165,000 to $185,000 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 opportunitiesto 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 -


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.

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