Debt Capital Markets Associate

Business Overview:The Corporate Debt Capital Markets team, part of BNP Paribas’ Global Capital Markets business, is seeking an Associate to support strong continued growth of the BNPP DCM franchise. Corporate Debt Capital Markets (“Corp DCM”) primary objective is to deliver capital markets financing solutions to North American Corporate clients, originating mandates for the Global Capital Markets business. The scope of the Corp Debt Capital Markets business includes execution of debt offerings across products (senior bonds, capital securities, liability management), currencies and industry sectors across the US and Canada. The Corp DCM team is looking for a driven and highly motivated, team player with excellent communication, analytical and technical skills with related or transferable experience. The associate role is responsible for overseeing execution of internal and external projects and activities including transaction coordination, client marketing and conference engagements, offering and client support memorandums, transaction and pitch logs, etc . The coverage territory is the United States, while there may be some connectivity with Canada.

Candidates are measured on the following four performance drivers, which will dictate how individual impact is considered on the Americas platform:

• Results and Impact
• Able to influence peers and team.
• Demonstrates good judgement when making decisions of high complexity and impact.
• Exercise appropriate autonomy in the execution and delivery of work.
• Responsible for driving outcomes, which have meaningful effect on team or department.
• Leadership and Collaboration:
• Creates trust with colleagues.
• Acts in leadership capacity for projects, processes, or programs.
• Client, Customer and Stakeholder Focus:
• Able to build relationships with a mix of colleagues and clients.
• Interacts regularly with management and department leaders.
• Demonstrates the ability to influence stakeholders at the team level.
• Compliance Culture and Conduct:
• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
• The DCM Associate will be exposed to a broad range of capital structure and market analysis. The Associate will also have access to all senior managers of the team with full visibility of the team’s span of business activities. The role will be a closely mentored apprenticeship with the objective of developing into a well-rounded team contributor over the long term.
  
  

• Assist in pitching, structuring/analyzing and execution of DCM mandates
• Support the team in drafting and preparing pitch books, marketing materials and investor presentations
• Coordinate with internal and external parties for the DCM process (internal management, general counsel, compliance, risk management, underwriters, and rating agencies)
• Build financial models to help analyze and interpret the impact of various debt funding strategies while working in the context of the broader corporate model
• Develop financial models, valuation assessments and transaction/company comparables. Prepare documents for the relevant committees (FICC, Credit etc.) for approval of mandates
• Analyze detailed corporate and financial information, assist in conducting due diligence processes
• Prepare weekly market updates / tombstones / deal tracking / credentials
• Regulatory and compliance tasks (KYC, pitch book logs etc.)
• Other ad hoc projects as determined by the needs of the desk
  

Responsibilities

• The DCM Associate will be exposed to a broad range of capital structure and market analysis. The Associate will also have access to all senior managers of the team with full visibility of the team’s span of business activities. The role will be a closely mentored apprenticeship with the objective of developing into a well-rounded team contributor over the long term.

• Assist in pitching, structuring/analyzing and execution of DCM mandates
• Support the team in drafting and preparing pitch books, marketing materials and investor presentations
• Coordinate with internal and external parties for the DCM process (internal management, general counsel, compliance, risk management, underwriters, and rating agencies)
• Build financial models to help analyze and interpret the impact of various debt funding strategies while working in the context of the broader corporate model
• Develop financial models, valuation assessments and transaction/company comparables. Prepare documents for the relevant committees (FICC, Credit etc.) for approval of mandates
• Analyze detailed corporate and financial information, assist in conducting due diligence processes
• Prepare weekly market updates / tombstones / deal tracking / credentials
• Regulatory and compliance tasks (KYC, pitch book logs etc.)
• Other ad hoc projects as determined by the needs of the desk
  

Minimum Required Qualifications

• BS/BA in business, finance, accounting, economics or similar technical field
• 1-2 years working experience in investment banking / DCM;.
• Proficiency in MS Office: Excel and PowerPoint in particular
• Excellent inter-personal skills: Ability to engage in concise, effective discussions
• Ability to assimilate new information quickly and excellent conceptual analytical skills
• Ability to work on multiple processes at same time utilizing effective time management skills
• Excellent verbal and written communication skills
• Ability to multi-task and gather information quickly
• Strong attention to detail
• Basic understanding of financial markets
• Basic understanding of credit and company capital structures
• Basic understanding of risk management, regulatory concerns and other levers integral to closing of a transaction
  
  

FINRA Registrations Suggested:

• Series 79 & 63
  
  

CFTC Swap Dealer Associated Person (if yes, NFA Swaps Proficiency Program is required):

• Not Applicable
  
  

SEC Security-Based Swap Dealer Associated Person:

• Not Applicable
  
  

The expected starting salary range for this position is between $150,000 to $200,000 annually. The actual salary may vary based upon several factors including, but not limited to, relevant skills/experience, time in role, base salary of internal peers, prior performance, business line, and geographic/office location.

About BNP Paribas:

BNP Paribas is a leading bank in Europe with an international reach across the US, EMEA and APAC. It has a presence in 65 countries, with nearly 190,000 employees. The bank employs over 3,500 people in offices in the US across 10 states including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver, Miami, and Washington, DC. BNP Paribas has built a strong and diversified presence to support its client base. We continue to grow and strengthen our commitment to the US market through our Corporate & Institutional Banking activities. We are one of a few non-US banks to offer a full value chain for our clients, from trading to financing, and clearing and custody in the US with the international footprint and capacity to deliver both globally and locally. Leveraging the strength of our European roots, our network can support clients in virtually every region of the world, enabling more connectivity and efficiency wherever our clients conduct business. We take pride in our expertise and our ability to adapt while constantly looking ahead to create a more sustainable world.

As an international company with a global footprint, the unique cultures and viewpoints of our team members are an integral part of the fabric of BNP Paribas. We are a company with a purpose - to be a responsible and sustainable global leader. We aim to create an environment where our employees feel empowered to drive change, make an impact and be true to themselves. We employ talented individuals from a wide variety of backgrounds, locally and globally, and are inspired by our employees who help us in cultivating a diverse, equitable and inclusive workplace through initiatives such as our Diversity, Equity & Inclusion (DEI) Leadership Forum and Employee Resource Group (ERG) communities. We strive to be a workplace where all team members can grow and thrive and offer robust training, development, and mentoring opportunities to make that vision a reality. Our leaders are deeply committed to DEI and highly accessible to our employees, consistently soliciting feedback on how we can continue to support our employees to reach their highest potential.

BNP Paribas. The Bank for a Changing World - https://usa.bnpparibas/en/homepage/join-us/our-opportunities/

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status