12 Month Internship - London, United Kingdom - Crédit Agricole CIB

Crédit Agricole CIB

Verified Company

London, United Kingdom

1 week ago

Posted by:

Tom O´Connor

beBee Recruiter

InternshipSHIP

Description

du poste

Provide the middle office support requirement for the business conducted by the Project Finance Department or other SFI Front Office Department, for both Agency and nonAgency related transactions.
The A&MO acts as a liaison point between the Front-Offices (FO) of certain Business Lines, and the Back Office. Its mandate is to assist the FO in the execution of facilities, and thereafter through transaction administration and maintenance on a participant, a bilateral or an agency basis.

Key Responsibilities

Review and comment on 'draft' documentation for new transactions to check for operational fit with the agency & middle office requirements, highlighting any areas for further discussion with and/or review by the Front Office as necessary
Liaise with Client Liaison (Back Office) on the opening of accounts ensure the necessary approvals are in place
Check or obtain confirmation that Conditions Precedents have been met and advise Credit Risk and Loans Administration and confirm guarantee documentation is in line with the facility documentation, under the supervision of a senior analyst
Confirm/agree treatment of fees (up front vs. spread) with Finance and advise Loans Admin
Obtain all original documentation, create the files for the deals and ensure that copies of all the appropriate documentation is provided
Manage relations with the borrower and the bank pool
Monitor the syndication process for updating SMAC (internal tool) as and when needed and be aware of potential overholds
Monitor and report outstanding covenants, monitor the upkeep of securities and the signoff of technical and financial milestones
Manage cash flows for the portfolio including managing drawdown's and repayments, liaising with Loans Administration
Give the Front Office, representing CA-CIB as a participant, the necessary information for the FO to take all necessary actions (including receiving appropriate authorisations) to reply in due time to the agent (CA-CIB or other bank)
Book and maintain trades in SMAC
Maintain diary systems to ensure all actions on the portfolio are monitored
Provide information on the portfolio to the Front Office
Review the Revenues & Risk Weighted Assets (as in when needed) numbers provided by Finance, provide comments and additional analysis
Review Basle II Loss Given Defaults
Prepare audit responses
Where CA-CIB is Agent on a deal, and taking into consideration the segregation of duties between FO and AMO, under the supervision of a senior analyst:
Provide input into and agree the agency fee with Front Office
Coordinate between the borrower, legal and all other syndicate members
Liaise with the borrowers to ensure they fulfil their responsibilities
Oversee and manage the establishment of the contacts list and Intralinks sites

Legal and Regulatory Responsibilities

Comply with all applicable legal, regulatory and Internal Compliance requirements
Durée

12 Month Internship

Niveau d'étude minimum

Bac + 3 / L- Formation / Spécialisation

Experience of any commercial sector and/ or corporate risk
Experience in providing support to a Front Office in the area of Project Finance or other SFI Department
Experience of reviewing Loan Agreements from an operational perspective

Desirable:

Experience of any commercial sector and/ or corporate risk
Experience in providing support to a Front Office in the area of Project Finance or other SFI Department
Experience of reviewing Loan Agreements from an operational perspective
Soft skills

InitiativeCommunicationTime ManagementNegotiationDiplomacyOrganisationVersatility