Crédit Agricole CIB – EIG/ERA LatAm
Job Description
Entity
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/
Working every day in the interest of society, our Group is committed to diversity and inclusion. To find out more on our Diversity Policy, click here: https://www.credit-agricole.com/en/pdfPreview/198689
Reference
2024-85217
Update date
19/01/2024
EIG LatAm is the regional platform for the Energy & Infrastructure Group (“EIG”) (within the Energy and Real Assets division (“ERA”) in Latin America. As such, the team covers all sectors for EIG, notably: Power, Infrastructure, Mining and Oil & Gas (midstream and downstream). The team acts in several roles within these sectors, including project finance arranging and advisory. Key markets for the team are Chile, Mexico, Brazil, Peru and Colombia. The team is responsible for originating and executing transactions within this platform, as well as monitoring our portfolio of assets and managing exposures.
EIG LatAm is seeking to recruit a Vice President to assist us in our growing business.
Main Responsibilities:
· Direct involvement in the structuring, execution, closing and distribution of project finance transactions (including advisory mandates occasionally) in Latin America, including but not limited to: assistance in negotiation of term sheets / transaction documents, review and creation of financial models, review of due diligence (in coordination with lawyers, independent engineers, insurance advisor, accounting and tax advisors, and all necessary tasks involved in closing and funding successfully transactions.
· Lead the internal credit process under the supervision of a transaction director and with the support of more junior team members. The candidate will be responsible for developing a thorough credit application and ensure a smooth review process with credit officers until approval;
· Communicate efficiently and professionally with clients, on all aspects of a transaction during the execution process all the way to funding.
· Become familiar with the bank’s internal systems and procedures necessary to successfully process and close project finance transactions. Contribute to the integrity and accuracy of the bank’s data in our systems.
· In coordination with our Head of Portfolio, support the monitoring of risks and opportunities in the portfolio: assist in negotiating complex waivers, review and sign-off on annual reviews prepared by the more junior team members, identify financing optimization opportunities and maintain dialogue open with the sponsors of the project companies;
· Supervise and coach junior staff in credit analysis and financial modelling. Act as a mentor and role model for junior staff;
· Support the marketing effort by drafting financing proposals and pitch books, researching business opportunities in specific sectors, and performing other commercial duties to report on clients’ meetings.
A successful candidate will demonstrate most of the following characteristics:
· Having strong interest in the Latin America region and good understanding of its credit cycles, and at times challenging political and/or regulatory environments;
· Having strong analytical skills, especially in risk analysis, as well as a deep understanding of the contractual framework and documentation structure typical of non-recourse financings. Experience with senior-secured credit products;
· Proven experience in managing the credit process for project finance transactions or for similar products;
· Demonstrated team player able to take the lead on certain aspects of the transactions. Each task requires strong coordination not only within EIG LatAm team but also with other business lines and functions (e.g., credit department);
· Ability to maintain/build trust relationships externally, such as with peers at clients’ level during deal execution, consultants, lawyers, etc., but also internally such as with credit officers;
· Strong communication skills, verbally and written. Ability to express concisely complex concepts;
· Ability to work under time pressure and to manage effectively tasks with competing priorities;
· Conversational level in Spanish is a requirement. Portuguese is a plus. Knowledge of Latin America is a definite advantage.
Salary range: $150k – $200k
Bachelor’s Degree
MBA or Masters preferred.
6+ years within banking industry and/or energy & infrastructure sectors
Fluent in English
Intermediate to Proficient in Spanish
Financial Modelling
Microsoft office products
Conversational level in Spanish is a requirement. French and Portuguese is a plus.