Credit Agricole CIB
Location: New York,NY, USA
Date: 2024-12-14T08:21:49Z
Job Description:
Vacancy detailsGeneral informationEntity About Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB) Crdit Agricole CIB is the corporate and investment banking arm of Crdit 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. Crdit 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 2024-94568 Update date 03/12/2024 Job descriptionBusiness typeTypes of Jobs - Finance / AccountingJob titleOriginator, Associate/VPContract typePermanent ContractJob summarySUMMARY OF POSITION:- Working within the Global Commodity Finance team in New York with a focus on originating and executing Commodity and Trade finance deals for physical commodity traders active in Energy, Metals and soft/agri sectors.- Coverage role on a selective number of clientsSCOPE:- Target clients will be international commodity traders having a US presence and/or US domestic players and/or US investment funds active in physical commodity business- Commodity Finance products:o Borrowing Base facilities.o Non-recourse or limited recourse Prepayment Facilitieso Limited recourse Inventory Financing- Trade Finance products:o Import documentary letters of credit and confirmationso Cross-border trade-related Standby L/Cso Performance guaranteeso Financial guaranteeso Receivables Financing / Reverse Forfaiting- Transaction Banking:o Short WC Loan and Cash managementMAIN RESPONSIBILITIES- Developing existing clients relationships with commodity traders active in the US- Maintaining close ties with the relevant product, geography and sector teams within CACIB- Expanding the portfolio of existing clients with selective onboardings in line with the bank and the business line strategy- Originating, Structuring and monitoring Commodity and Trade Finance transactions encompassing a variety of facilities (bilateral, club deal, syndicates) and structures (limited recourse, secured financings...).- Provides clients with a comprehensive range of products- Identifies opportunities, structure transactions and prepare term sheets and offers.- Prepares and submits Business Opportunity Memorandum (BOMs) for New York and Paris Business Committees.- Contributes to credit process, sponsoring and defending credit files.- Negotiates documentation (in conjunction with legal counsel where applicable).- Follow key developments of on-going mandates, and coordinates with the different ITB teams in the network in communications / negotiations with counterparts in the US to ensure smooth execution.- Ensures close monitoring of transactions post-closing, in close coordination with MO- Work with GCF and ITB management in the implementation of the strategy in the country, through the definition of commercial targets and products to be marketed.OTHER RESPONSIBILITIES:- Support in the preparation of the budget- Contribution to increase revenues and profitabilityCross selling in general with other Product and Business Lines of the Bank.Salary Range: $130k - $160k#LI-DNIPosition locationGeographical areaAmerica, United States Of AmericaCityNEW YORK Candidate criteriaMinimal education levelBachelor Degree / BSc Degree or equivalentAcademic qualification / Speciality Upper educationLevel of minimal experience3-5 yearsExperience Min. +3 to 6 years of relevant experience with knowledge of Commodity and Trade FinanceRequired skills Good interpersonal and commercial skills. Team work. Have strong work ethics Expertise in the above mentioned products Initiatives, dynamism, effectiveness and commercial / technical skills in supporting its activities. Rigour and sense of organization Fluent in English (written and verbal) Have credit experience. Have experience negotiating documentation with counsel.Preferred: French, and/or Spanish
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