US Associate Analyst - Counterparty Risk Department (Real Estate sector)
Job Title: U.S. Associate
Purpose: Processing credit requests and annual credit reviews with a primary focus on the Real Estate sector.
Key responsibilities:
- Credit analysis and evaluation of credit worthiness of counterparties based on requests received from the Front Office covering corporate clients and asset based financings in the Real Estate sector.
- Review of credit applications and prepared by Front Office for accuracy and content tying in same to the financial statements and reporting package
- Review of appraisals for asset based financings
- Preparation of credit opinion summarizing the strengths and weaknesses of the counterparty, evolution of the sector and highlighting anticipated issues if any.
- Evaluation of client ratings submitted by Front Office
- Review of legal protections including term sheets and legal agreements (Credit Agreement, ISDA, CSA), guarantees and financial covenants when applicable.
- Submission of files to Sector Head and New York Credit Committee.
- Submission of files to Home Office credit risk (RPC HO) teams.
- Frequent interaction with the various Front Office teams to gather additional information concerning the client, discuss credit risk issues and mitigants, and obtain relationship profitability information and commercial support/strategy.
- Active coordination with RPC HO to answer any inquiries for additional information/explanations, follow-up on rating validations, and communicate credit issues and trends as appropriate.
- Operational responsibilities such as processing requests to create/change counterparty classifications, ricos structures, ensuring data accuracy, post approval recordation in systems etc.
- May also be asked to analyze other counterparties depending on workloads.
- Assist in any internal or external audit assessments, loan reviews, portfolio reviews or special projects as needed.
Key Internal contacts
- Local RPC teams (Counterparty Risk, Market Risk, Admin-Monitoring and Projects)
- Local Front Office teams (Real Estate, GMD)
- Home Office: RPC (SCS) and Front Office
Essential
- Bachelor's degree in Business or Finance
- Credit experience at a bank, an investment bank and/or a credit rating agency as an intern
- Credit analysis experience
- Microsoft Office suite
Clear written and verbal communication skills
Strong ability to:
- Analyze and summarize credit information
- Prioritize workload effectively
- Work independently and solve problems
- Cooperate with local and international teams
- Be proactive
- Be flexible to changing environments
- Ability to multitask
- Work towards the goals highlighted in CACIB’s strategy
Desirable
- MBA a plus
- Experience in analyzing corporates a plus
VACCINATION POLICY: MUST BE FULLY VACCINATED