BNP ParibasFinancial Institutions Coverage - Credit Analyst Funds and Asset Managers
Mar. 2024Lisbon, PortugalBNP Paribas is the European Union's leading bank and key player in international banking. Main Tasks: -Analysis of high risk funds to be onboarded, considering factors like strategy (e.g., convertible arbitrage, long/short, distressed strategy), leverage, geography, concentration, and dither factors (e.g., market volatility, liquidity risk, regulatory changes. - Conduct Annual Reviews, a factual summary of client's credit worthiness. The credit proposal includes a recommendation on the ratings, the limits, the legal credit terms (ISDA/CSA), and the risk strategy vis-a-vis the client (Asset Manager). - Analysis and recommendation to Senior Credit Officers on complex market trades (I.e. QIS strategies). This involves assessing risk exposure, leverage and calculating initial margin based on internal credit policies. - Initial Reviews of new Asset Manager clients, recommending appropriate credit terms, including collateral requirements, legal terms (ISDA/CSA), termination events, and other contractual conditions. - Prepare daily market updates and assess the potential impact on various funds onboarded with BNPP, including traditional, alternative, and fixed income-focused funds.