12 Month Internship - EIG Agency and Transaction Management

Crédit Agricole CIB

Jul 4, 2023

Applications are closed

Internship
Full-time
Off-cycle Internship
Banking & Finance
London

Requirements

Technical financial knowledge and skills
Duration: 12 Months
Minimum level of study: Bac + 3 / L3
Training / Specialization: Graduate
Soft skills: Initiative, communication, time management, negotiation, diplomacy, organization, versatility
IT tools: Technical financial knowledge and skills

Responsibilities

Review and comment on ‘draft’ documentation for new transactions to check for operational fit with the agency & middle office requirements, highlighting any areas for further discussion with and/or review by the Front Office as necessary.
Liaise with Client Liaison (Back Office) on the opening of accounts
Ensure the necessary approvals are in place
Check (CA-CIB as agent) or obtain confirmation (CA-CIB as participant) that Conditions Precedents have been met and advise Credit Risk and Loans Administration and confirm guarantee documentation is in line with the facility documentation, under the supervision of a senior analyst
Confirm/agree treatment of fees (up front vs. spread) with Finance and advise Loans Admin (Back Office).
Obtain all original documentation, create the files for the deals and ensure that copies of all the appropriate documentation is provided to Risk and the Loans Admin.
Liaise with the Risk and Loans Admin for all deals.
Manage relations with the borrower and the bank pool.
Monitor the syndication process for updating SMAC (internal tool) as and when needed and be aware of potential overholds
Monitor and report outstanding covenants (with a specific focus on financial covenants), monitor the upkeep of securities and the sign-off of technical and financial milestones.
Manage cash flows for the portfolio including managing drawdown’s and repayments, liaising with Loans Administration.
Give the Front Office, representing CA-CIB as a participant, the necessary information for the FO to take all necessary actions (including receiving appropriate authorisations) to reply in due time to the agent (CA-CIB or other bank).
Book and maintain trades in SMAC, based on A&TM standards.
Maintain diary systems to ensure all actions on the portfolio are monitored.
Provide information on the portfolio to the Front Office, as reasonably requested, e.g. for inclusion in annual reviews.'
Review the Revenues & Risk Weighted Assets (as in when needed) numbers provided by Finance, provide comments and additional analysis as reasonably required by the Front Office.'
Review Basle II Loss Given Defaults on a monthly basis.
Prepare audit responses.
Legal and Regulatory Responsibilities
Comply with all applicable legal, regulatory and internal Compliance requirements

Crédit Agricole CIB

Finance

Industry

5001-10,000

Employees

2004

Founded Year

Mission & Purpose

Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of tier 1 capital (The Banker, July 2022). Nearly 8,600 employees across Europe, the Americas, Asia-Pacific, the Middle East and North Africa support Crédit Agricole CIB'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 markets 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.