Portfolio Management Origination

14 hours ago


Montréal, Canada BNP Paribas Full time

PORTFOLIO MANAGEMENT ORIGINATION & ACTIVE MANAGEMENT (JOB NUMBER: GBA-160822-NAW-001)

**About BNP Paribas**:
BNP Paribas is a leading bank in Europe with an international presence. It is present in 73 countries, with more than 196,000 employees, including more than 148,000 in Europe. The Group holds key positions in its three main business areas: Domestic Markets and International Financial Services, whose retail banking networks and financial services are grouped together in Retail Banking & Services, and Corporate & Institutional Banking, which focuses on Corporate and Institutional clients. The Group supports all its clients (individuals, associations, entrepreneurs, SMEs, large companies and institutions) to help them carry out their projects by offering them financing, investment, savings and protection services. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in personal credit. BNP Paribas is also developing its integrated retail banking model in the Mediterranean countries, Turkey, Eastern Europe and has an important network in the western United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas enjoys leadership in Europe, a strong presence in the Americas, and a solid and fast-growing business in Asia-Pacific.

**About BNP Paribas in Canada**

As one of Canada’s largest foreign banks, BNP Paribas is committed to further consolidating its platform. It became the operational centre for the group's activities in North America in 2013, with a significant growth of over 1400 employees and plans to build on this growth in the coming years. Thanks to its continuous advances in technology and finance, BNP Paribas in Canada continues to attract experts in various fields as well as ambitious young talent from around the world. With international mobility and global capabilities that few companies can boast of, BNP Paribas is proud to offer its employees a rewarding working environment where they can build their professional careers by improving their knowledge, meeting challenges and developing their potential.

**CIB PM Americas (PMA) - Business Overview**:
Portfolio Management (PM) is a part of the Corporate and Institutional Banking activity (“CIB”). This is a transversal department with dedicated teams across the different regions.

The main mission of PM is to contribute to risk return optimization at Origination, to actively manage the financing loan books and to contribute to capital optimization. The team is responsible for monitoring, with Coverage, the process at Origination of financing transactions with a focus on financial resources consumption such as capital, liquidity, balance sheet and risk-return. The team is also in charge of initiating and implementing solutions to mitigate RWA or liquidity consumption.

PM Americas (“PMA”) is a transversal department within the Corporate Platform, with a regional management scope that includes the United States, Canada and Latin America. PMA is currently composed of 3 teams with staff located in NY and Montreal: Origination and Active Management, Credit Solutions & Products Engineering, and Portfolio Analytics & Modelling (“PAM”).

PMA aims at ensuring a fair and optimal allocation of key financial resources in order to contribute to CIB value creation objective by:

- Maintaining discipline at Origination by contributing to risk-return and RWA management, liquidity cost, exposure analysis and CDS/ Credit Insurance market intelligence at the Resource Allocation Committee (“RAC”), in coordination with Coverage and Business Lines
- Back testing of clients profitability in liaison with Coverage
- Managing the loan books of the Corporate Platform from a risk, capital, liquidity and return perspective through execution of Active Management actions (Loan Sales, hedging with CDS and Credit Insurance, Balance Sheet Securitization)
- Management of the credit derivatives and CLO investment portfolio
- Create and maintain an expertise center by providing tools (RAROC Tool, RAC Tool, Portfolio Analytics ) and guidance on methodologies in credit risk-return and value creation (RAROC, CVC, EVC) for CIB
- Actively monitor the Corporate Loan Book (including budgeting, forecasting and monitoring of RWA, Exposure and P&L)
- Provide Senior Management including Head of CIB Americas with quarterly review of the key resources consumption across the Corporate Platform through the Strategic Resource Committee. Additionally, perform analysis and monitoring of the profitability from a risk return and value creation standpoint at portfolio and client level on an ex-ante, prospective and ex-post basis

PMA has main interactions with Coverage, Global Credit Markets (“GCM”), ALMT, PM Middle Office, Finance, RISK, Credit Insurance Distribution (“CID”), Legal, Compliance, Loan Trading and Global Markets.

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