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VP - Portfolio Manager - Leveraged, Acquisition & TMT Finance Americas

VP - Portfolio Manager - Leveraged, Acquisition & TMT Finance Americas

Crédit Agricole SANew York, NY, United States
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Job Summary

Team and position

Our NY based Leveraged Finance team is directly responsible for origination and execution of LBOs with leading Private Equity Funds in North America, as well as financings for leveraged (non-investment grade) corporates, across loans and HY bonds. In addition, the team is also in charge of event driven financings (M&A and IPO related) for Investment Grade clients, and of leveraged / structured financing transactions in the TMT sector, including the current wave of infrastructure flavoured deals (towercos, data centers, fibercos) with Infrastructure Funds, across North America and Latam. It is referred to internally as the “LATFG” team (Leveraged, Acquisition & TMT Finance). The role will consist in setting up and spearheading the portfolio management effort for the team, initially with some junior support.

Key Responsibilities

1) Credit monitoring of our loan portfolio :

  • Manage the ongoing credit monitoring work for part of the leveraged finance and TMT loan portfolio (current volume of about 60 deals) : monitoring of the schedule of annual reviews, write up of annual reviews, credit papers in relation to waivers and amendments, quarterly write ups for loans under watch. In close coordination with respective deal / client teams.
  • Proactively flag to LATFG manager and respective LATFG client team any early warning signals of credit deterioration, concerns, or ideas for commercial opportunities
  • Ensure timely propagation of internal rating decisions within the internal IT systems.
  • Represent the team in the various credit committees (NY credit committee, CLF credit committee, CRC) and monitoring committees (Quarterly committees for underperforming loans or loans under watch “SARs” and “SACs”), underperforming or under watch loans
  • For a specific part our portfolio (namely the Corporate Acquisition Finance deals), annual reviews are directly prepared by RPC (Credit Risk) and Credit Coordination teams. Nonetheless, you will be asked to follow up these processes, to participate in related credit committees and to report any important credit or marketing related matters to LATFG manager and coordinate with CLF Losa team to monitor evolution of the portfolio (increases or reductions via amortization, prepayments, secondary trades etc)
  • Coordinate with CLF Losa team to monitor evolution of the portfolio (increases or reductions via amortization, prepayments, secondary trades etc)
  • Coordinate with CLF Losa and respective deal / client teams to ensure authorizations recorded in internal systems are accurate and up to date.
  • Maintain close coordination on all of the above tasks with respective LATFG client teams. Interact with clients whenever necessary to clarify credit related questions, in coordination with the LATFG client team.
  • Review quarterly or annual information provided by client, connect to lender or investor calls organized by clients and relay summaries of meaningful information to LATFG team manager and LATFG client team.

Supplementary Information

2) Contribute to internal and regulatory Reporting :

  • Collect data and manage the regular requests for reporting from our internal stakeholders (HO business line, COO teams, RPC) : monthly anomaly reports, monthly LevFin excel pipeline, quarterly portfolio review files, “deals world” database for LBOs, etc
  • Contribute to recurring, ad hoc, and annual audits (NY annual and quarterly CUSO Loan Review, ad hoc NY portfolio reviews, Internal Audit “Inspection Generale”, add hoc CUSO reviews)
  • Assist team manager and respective deal teams in ensuring that the CLF pipeline tool (“Diamond”) is up to date.
  • Contribute to occasional ad hoc information requests when and as required
  • Assist LATFG manager with periodic estimate of landing vs budget and other planning tasks
  • 3) Manage the PFM team :

  • Contribute to transversal initiatives of CLF and other business lines or functions to optimize our tools and processes (future AI tools implementation, review of internal processes and reporting tools, etc)
  • Train, mentor and direct work of more junior staff within the team.
  • After initial implementation and first 9-12months in “run” mode, contribute to formulate a recommendation on the prospective team set up.
  • Lead future hiring effort for the PFM team, as applicable
  • Salary Range : $180k- $200k

    Qualifications :

    Bachelor Degree / BSc Degree or equivalent. Relevant academic background (BA / BS degree with economics / finance major coursework. Preferred : Master's degree – Msc Finance or MBA).

    Experience : Ideally 6-8 year experience in either a leveraged finance origination and execution environment, or a credit risk / credit underwriting and monitoring function.

    Required Skills :

  • strong quantitative and qualitative analytical skills
  • prior experience in financial analysis, cash flow modeling experience will be a plus
  • reliability, attention to detail and quality outputs,
  • good organizational skills : ability to keep track of deadlines, to organize its own work and that of the team
  • good communication and interpersonal skills (ability to communicate seamlessly with LATFG deal teams, and capacity to interact convincingly and forcefully with internal partners, in particular with RPC & senior representatives from Bus Line or coverage)
  • Fluency in a second language (in particular French, Portuguese, Spanish) is a strong positive.
  • Crédit Agricole CIB is an equal opportunities employer and is committed to diversity and inclusion. All our job offers are open to persons with disabilities.

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