Leveraged Finance Trainee

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.

 

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.

 

 

You would be joining the Structuring & Execution Group team based in Madrid and report to the local coordinator. The Structuring & Execution Group is a central component of Debt Markets supporting senior originators across a wide range of debt products on a pan-European basis.

 

As an intern, you will be primarily providing support on the day-to-day portfolio management activities, execution of live deals (including High Yield Bonds and Term Loan B), working on internal processes as well as supporting the outbound marketing activity of the senior originators. You will provide support in running financial models, complete financial and credit analysis and learn to structure Debt Markets transactions. Additionally, you will be involved in the production of materials for internal approval committees, syndication purposes and marketing efforts. This requires strong quantitative skills and the capacity to work on several transactions in parallel, which requires good organization skills and strong commitment.

 

 

PRIMARY RESPONSIBILITIES

 

Origination

• Work on pitch processes, in cooperation with various teams across the bank (Coverage, M&A, ECM, Syndicate)
• Interact with external clients (including debt issuers and private equity clients) and internal stakeholders
• Maintain high degree of market awareness

Execution

• Provide support in the day-to-day execution of live deals
• Prepare thoughtful cash flow projection models, driven by detailed assessment of business and economic conditions
• Assist in the production of internal credit / capital markets memoranda, including advanced financial statement analysis
• Conduct issuer due diligence and identify significant business, industry and financial strengths and risks

 

 

Regulation

• Ensure that all regulatory and commercial training is completed on time and refreshed as required
• Responsible for adherence to the Bank’s corporate policies, to its internal Compliance regulations as well as to appropriate external Regulators

 

• Studies

 

• Experience

 

• Languages

–        fluent in English and Spanish (preferred), another EU language would be beneficial

 

• Technical

 

 

• Transversal & Behavioral

 

 

 

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.