Vacancy detailsGeneral informationEntity About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022). 8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank's clients, meeting their financial needs throughout the world. Crédit Agricole CIB offers its large corporate and institutional clients a range of products and services in capital market activities, investment banking, structured finance, commercial banking and international trade. The Bank is a pioneer in the area of climate finance, and is currently a market leader in this segment with a complete offer for all its clients. For more information, please visit www.ca-cib.com Twitter: LinkedIn: By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities. Reference 2024-92216 Update date 04/09/2024 Job description Business type Types of Jobs - Finance / Accounting Job title FCS Agency Relationship Manager Contract type Permanent Contract Job summary Summary of Position: As a Director in the FCS ATM (Agency and Transaction Management) group - Perform the duties of CACIB as Administrative Agent, sole lender and participant supporting the Energy and Real Assets (ERA) origination team with a primary focus on real estate transactions ( i.e. commercial, retail, gaming and lodging etc.) - Perform additional tasks to monitor the portfolio as required. Main Responsibilities: - Perform CACIB as Agent role for a portfolio of real estate, project finance and LBO transactions: - Assist on closings / CPs monitoring - Coordinate fundings with multiple institutions - Track, evaluate and distribute borrower deliverables (financials, covenants, UCC's, flood insurance, etc.) - Monitor securities, guarantees and collateral - Evaluate CP's for cash draws, lease payments, borrower distributions, etc. - Participate in bank meetings / conference calls - Liaise with lenders counsel and other industry experts - Negotiate routine waivers and amendments with borrowers and sponsors - Facilitate waiver and amendment requests with bank groups, including collecting and processing of participant lender approvals - Respond to borrower and investor questions - Coordinating the primary and secondary assignment processes as applicable. - Interface transversally with other departments (Front Office, Back-Office, Legal, Credit Risk etc) - Manage a portfolio of sole lender and participant transactions as required; - Maintain up to date data in CACIB's internal applications, control and monitor portfolio; - Liaise with FCS management and data monitoring team in Paris to maintain data integrity through controls and reconciliations; - Lead and participate in special projects as needed Duties encompass a high workload, detail oriented and time sensitive orientation. Salary Range: $135k - $175k Position location Geographical area America, United States Of America City NEW YORK Candidate criteria Minimal education level Bachelor Degree / BSc Degree or equivalent Academic qualification / Speciality Required: BA or BS in Finance or Accounting Preferred: MBA Level of minimal experience 11 years and more Experience Required:
- 10+ years of experience in a real estate middle office/portfolio management role at a reputable investment bank.
- Deep experience in performing the administrative agency function at a notable investment bank.
Preferred:
Required skills
- Strong written and oral communication skills
- Good interpersonal skills
- Strong work ethic
- Team player
- Problem solver
- Time management skills
- Attention to detail
- High level of knowledge and proficiency in the real estate lending space