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/Real Estate Department or other ERA Front Office Department, for both Agency and nonAgency related transactions.

The ATM 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 (CA-CIB as agent) or obtain confirmation (CA-CIB as participant) 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 (Back Office).
Obtain all original documentation, create the files for the deals and ensure that copies of all the appropriate documentation is provided to Risk and the Loans Admin.
Liaise with the Risk and Loans Admin for all deals.
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 (with a specific focus on financial 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, based on A&TM standards.
Maintain diary systems to ensure all actions on the portfolio are monitored.
Provide information on the portfolio to the Front Office, as reasonably requested, e.g. for inclusion in annual reviews.'
Review the Revenues & Risk Weighted Assets (as in when needed) numbers provided by Finance, provide comments and additional analysis as reasonably required by the Front Office.'
Review Basle II Loss Given Defaults on a monthly basis.
Prepare audit responses.