GROUP BNP PARIBAS
BNP Paribas Group is the top bank in the European Union and a major international banking establishment. It has close to 185,000 employees in 65 countries. In Spain we are more than 5,100 employees within 13 business lines.
CIB
BNP Paribas Corporate & Institutional Banking provides large companies, multinationals and financial institutions with various solutions in the areas of advisory, financing, transactional banking, capital markets, settlement, clearing and custody of securities, asset and fund management services and solutions for corporate issuers. It has 620 professionals in Spain with offices in Madrid, Barcelona, Bilbao and Coruña. The entity has a network present in 56 countries.
ABOUT THE JOB
GENERAL VIEW
The Energy, Resources & Infrastructure (ERI) team is comprised of c. 130 professionals and has a leading position as adviser and arranger of limited-recourse financing solutions in the following sectors across the Europe, Middle East and Africa (EMEA) region:
Infrastructure
- Power and Renewables
- Energy Transition
ERI is part of Global Capital Markets within CIB.
The team advises clients with respect to their debt financing needs, arranges and structures debt financing, cross sells other products of the bank (including hedging and cash management solutions), acts as coverage for certain clients and monitors its exposure to transactions on its book.
The team is located in Paris, Brussels, London, Madrid and Milan.
Within ERI, the Transaction team is in charge of execution and origination support for new deals, in close cooperation with the Origination teams (organized by sector). The selected candidate will report to the head of the ERI Iberia team in Madrid.
RESPONSIBILITIES
You will assist senior team members with the preparation of client presentations and pitches and with the execution of new deals, thus allowing you to acquire project finance and infrastructure finance skills. You will also be involved in a variety of tasks allowing a general introduction to our business. Special focus on advanced Project finance modelling in excel.
You will have an opportunity to work on transactions across several sectors (mainly infrastructure, power and renewables and energy transition), with a range of different financing structures. You will be involved in deals not only in Iberia but also in the rest of the EMEA region
EXECUTION
- Develop or review / run financial models, prepare related deliverables and (as applicable) interact with the client on those aspects
- Actively contribute to the preparation of credit papers, information memoranda and certain due diligence aspects (in particular any model audit)
- Participate in legal aspects (notably those aspects of the term sheet and finance documentation related to the model)
- Assist with internal rating, profitability analysis and KYC on-boarding process
ORIGINATION SUPPORT
- Contribute to the preparation of screening memos, commercial proposals/pitches and, as applicable, research papers
- As applicable, preliminary financial modelling and debt sizing analysis
INTERFACE WITH PORTFOLIO MANAGEMENT
- Ensure handover of the responsibility for new deals to the Portfolio & Analytics
REQUIREMENTS
- Previous experience of at least 2 years in investment banking, corporate banking, commercial banking or credit analysis
- Interest for infrastructure and power / renewables sectors, understanding the broader picture of the energy transition
- Strong academic background (master in finance, economy, engineering, law)
- Corporate finance fundamentals (including cash flow analysis)
- Fluency in English
- Proficiency with Excel – prior financial modelling and VBA experience is strongly recommended
- Team working spirit – working in flexible teams and multicultural environments
- Organisational skills – working under pressure with tight deadlines
BENEFITS
• Training programs, career plans and internal mobility opportunities, national and international thanks to our presence in different countries.
• Diversity and Inclusion Committee that ensures an inclusive work environment. In recent years, several employee communities have been created to organize diversity and inclusion awareness actions (PRIDE, We Generations and MixCity).
• Corporate volunteering program (1 Million Hours 2 Help) in which employees can dedicate time out of their working hours to volunteer activities.
• Flexible compensation plan.
• Hybrid telecommuting model (50%).
• 31 vacation days.
Diversity and inclusion commitment
BNP Paribas Group in Spain is an equal opportunity employer and proud to provide equal employment opportunity to all job seekers. We are actively committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity/paternity, race, religion or belief, sex or sexual orientation. Equity and diversity are at the core of our recruitment policy because we believe that they foster creativity and efficiency, which in turn increase performance and productivity. We strive to reflect the society we live in, while keeping with the image of our clients.