Director- Senior Credit Officer

Business Overview:

RISK-Corporate, within the RISK function, is jointly responsible along with the originating business line for the management of Corporate credit risks. As such, RISK - Corporate is involved in the risk assessment of all types of transactions from traditional banking products (such as loans and L/C's) to market facilities (such as futures, interest rate and commodity derivatives, and FX) across a variety of business lines (Corporate Coverage, Leveraged Finance, Project Finance, Securitization, Asset Finance, Global Markets). The New York RISK - Corporate platform acts as a regional decentralized entity of the RISK function with full responsibility and extensive credit delegations.

Candidate Success Factors:

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

• Compliance Culture and Conduct:
• Able to build relationships with a mix of colleagues and clients.
• Results and Impact
• Creates trust with colleagues.
• Exercise appropriate autonomy in the execution and delivery of work.
• Demonstrates the ability to influence stakeholders at the team level.
• Responsible for driving outcomes, which have meaningful effect on team or department.
• Acts in leadership capacity for projects, processes, or programs.
• Able to influence peers and team.
• Client, Customer and Stakeholder Focus:
• Demonstrates good judgement when making decisions of high complexity and impact.
• Takes full responsibility for personal actions and demonstrates courage in facing problems and conflicts.
• Leadership and Collaboration:
• Perceived as a person of high moral character; upholds corporate values and displays high ethical standards.
• Interacts regularly with management and department leaders.

Responsibilities:

Within RISK Corporate, the RISK Corporate Senior Credit Officer (SCO) guarantees, for the portfolio which she/he follows, the independent assessment of the credit risks as well as of the CSR ones throughout the credit process and until the maturity of the credit, in compliance with regulatory requirements and internal guidelines.

To this effect, and pursuant to the terms and perimeter of her/his credit delegation, the SCO:

• Concurs or not with the Coverage and/or Business Lines Delegation Holders on files presented to Credit Committee, pursuant to an exchange on relevant items,
• Guarantees the conformity of the decisions to the credit and CSR policies as well as the monitoring of the credit portfolio under her/his responsibility by assessing periodically its risk profile.

Within that framework, the Senior Credit Officer has the following main missions:

TO GUARANTEE THE QUALITY OF CREDIT DECISIONS

This encompasses, as a 2nd line of defense, and on the portfolio under her/his responsibility:

• The fair valuation of the credit portfolio, specifically so through the provisioning process, but also through the identification of non performing clients and/or forborne exposures
• The redaction of clear minutes for all committees (including WL&DD committees, CDD and portfolio committees), inter-alia clearly stating RISK Corporate opinion as well as the debates with Businesses and/or VPG that might have preceded the file presentation in credit committees
• Jointly with Coverage and Business lines teams (and VPG as the case may be),
• The adequacy of Ratings and Global Recovery Rates (GRRs) assigned to Corporate clients and exposures, ensuring strong compliance with rating and GRR policies (and ensuring documentation of any deviation);
• The use of the adequate level of delegation (Delegation Holder and RISK representative);
• The quality of the commitments taken : these commitments should be in line with the Bank’s risk appetite principles as well as with the Bank’s credit policies and procedures including Compliance and CSR aspects;
• The satisfactory circulation of information between the territories covering her/his geographical responsibilities and HO as well as communication between territories and with the relevant sectorial Risk Officer,
• The satisfactory level of risk anticipation by using external and internal early warning signals, by pro-actively identifying deteriorating risks and closely monitoring Watchlist files and performing or proposing periodic and targeted portfolio reviews;

MORE AT LARGE, TO CONTRIBUTE TO A CONTINUED STRENGTHENING OF OUR OVERALL RISK FRAMEWORK

• Contribute to RISK Corporate’s monitoring exposures framework (i.e. Portfolio Committees, SPCF,…)
• To the validation process for new products or activities covered by RISK Corporate;
• Contribute to Risk Policy Committees/Strategic Risk Reviews
• Improving data quality via ensuring the accuracy of key risk parameters in minutes (counterparty ratings, GRRs, country of business, business sector, use of the relevant policies, etc. and by prompting Business to follow on corrective actions
• Beyond pure credit risk and beyond CSR risk, SCOs are also asked to contribute to data quality and to the monitoring of operational risk :
• Communicating to RISK ORC CIB any operational risk she/he becomes aware of (potential fraud, breach of security package,…)
• Contribute to produce dedicated portfolio reviews on Corporate perimeter when requested
• To RISK Corporate permanent control framework and to Corporate Clients continuum initiatives
• To the setting up of the general and specific credit policies, through ad-hoc contributions, and to the dissemination of information on the Bank’s desired risk profile to RISK and CIB teams;
• To helping ensure that Annual Reviews are performed on a yearly basis, in a timely manner, exerting their influence on Coverage and Business Lines and following up on the calendar of reviews with the aim to respect the 0% past-due target
• Detect potential threats on the portfolio that falls under his/her responsibility (sectorial/product/country levels, concentrations,…)
• To the application, adaptation and continuing improvement of the credit decision process;
• To the continued enhancement of RISK Corporate monitoring and anticipation capabilities i.e.:

Minimum Required Qualifications:

• Can quickly identify core issues, conclude and decide objectively.
• Strong analytical skills and balanced judgement.
• Strong communication skills, both verbal and in writing.
• 15 years of experience in capacities that involve credit analysis and decision (credit analyst, credit officer, relationship manager) in traditional corporate financing.

Preferred Qualifications:

• Front Office experience

FINRA Registrations Required: Not Applicable

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 in New York is between $165,000 and $248,000 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. In the United States, 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.

The bank employs nearly 6,000 people and has a presence in the country since the late 1800s in major cities including New York, Jersey City, Chesterbrook, PA, San Francisco, Boston, Chicago, Denver and Washington, DC.

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.

Primary Location

US-NY-New York

Job Type

Standard / Permanent

Job

MISCELLANEOUS

Education Level

Bachelor Degree or equivalent (>= 3 years)

Experience Level

At least 12 years

Schedule

Full-time

Entity

BNP Paribas CIB