Permanent Contract

Originator, Associate/VP

Modified on 03/12/2024

  • NEW YORK - United States Of America
  • Finance / Accounting
  • 2024-94568

Job description

SUMMARY OF POSITION:

-       Working within the Global Commodity Finance team in New York with a focus on originating and executing Commodity and Trade finance deals for physical commodity traders active in Energy, Metals and soft/agri sectors.

-       Coverage role on a selective number of clients

 

SCOPE:

-       Target clients will be international commodity traders having a US presence and/or US domestic players and/or US investment funds active in physical commodity business

 

-       Commodity Finance products:

o    Borrowing Base facilities.

o    Non-recourse or limited recourse Prepayment Facilities

o    Limited recourse Inventory Financing

 

-       Trade Finance products:

o    Import documentary letters of credit and confirmations

o    Cross-border trade-related Standby L/Cs

o    Performance guarantees

o    Financial guarantees

o    Receivables Financing / Reverse Forfaiting

 

-       Transaction Banking:

o    Short WC Loan and Cash management

MAIN RESPONSIBILITIES

-       Developing existing clients relationships with commodity traders active in the US

-       Maintaining close ties with the relevant product, geography and sector teams within CACIB

-       Expanding the portfolio of existing clients with selective onboardings in line with the bank and the business line strategy

-       Originating, Structuring and monitoring Commodity and Trade Finance transactions encompassing a variety of facilities (bilateral, club deal, syndicates) and structures (limited recourse, secured financings…).

-       Provides clients with a comprehensive range of products

-       Identifies opportunities, structure transactions and prepare term sheets and offers.

-       Prepares and submits Business Opportunity Memorandum (BOMs) for New York and Paris Business Committees.

-       Contributes to credit process, sponsoring and defending credit files.

-       Negotiates documentation (in conjunction with legal counsel where applicable).

-       Follow key developments of on-going mandates, and coordinates with the different ITB teams in the network in communications / negotiations with counterparts in the US to ensure smooth execution.

-       Ensures close monitoring of transactions post-closing, in close coordination with MO

-       Work with GCF and ITB management in the implementation of the strategy in the country, through the definition of commercial targets and products to be marketed.

OTHER RESPONSIBILITIES:

-       Support in the preparation of the budget

-       Contribution to increase revenues and profitability

Cross selling in general with other Product and Business Lines of the Bank.

 

Salary Range: $130k - $160k

#LI-DNI

    • Minimum level of study
    • Bachelor Degree / BSc Degree or equivalent
    • Training / Specialization
    • • Upper education
      ·      Min. +3 to 6 years of relevant experience with knowledge of Commodity and Trade Finance
    • Minimum experience level
    • 3-5 years
    • Compétences recherchées
    •  ·      Good interpersonal and commercial skills.·      Team work.·      Have strong work ethics·      Expertise in the above mentioned products·      Initiatives, dynamism, effectiveness and commercial / technical skills in supporting its activities.·      Rigour and sense of organization·      Fluent in English (written and verbal)·      Have credit experience.·      Have experience negotiating documentation with counsel. Preferred: French, and/or Spanish
  • About Crédit Agricole Corporate and Investment Bank (Crédit Agricole CIB) Crédit Agricole CIB is the corporate and investment banking arm of Crédit Agricole Group, the 10th largest banking group worldwide in terms of balance sheet size (The Banker, July 2022). 8,600 employees in more than 30 countries across Europe, the Americas, Asia-Pacific, the Middle-East and North Africa, support the Bank'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 market 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. For more information, please visit www.ca-cib.com Twitter: https://twitter.com/ca_cib LinkedIn: https://www.linkedin.com/company/credit-agricole-cib/ By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.

Crédit Agricole CIB
Crédit Agricole CIB
Crédit Agricole CIB

Crédit Agricole CIB

Originator, Associate/VP

Published the 03/12/2024

Permanent Contract
  • NEW YORK - United States Of America
  • Finance / Accounting
  • 2024-94568

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