Agency and Transaction Management Analyst Full Time

Crédit Agricole SA
Agency and Transaction Management Analyst Business type

Types of Jobs – Operations

Job title

Agency and Transaction Management Analyst

Contract type

Permanent Contract

No

Job summary

Key Responsibilities:

• Ensure that a high level of interaction and communication is maintained with the Front Office to ensure full knowledge of developments in the agency and non-agency business including pipeline trades.
• Review and comment on ‘draft’ documentation for new transactions to check for operational fit with the middle office requirements, highlighting any areas for further discussion with and/or review by the Front Office as necessary.
• Liaise with Data Management Unit on the opening of accounts.
• 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.
• Confirm guarantee documentation is in line with the facility documentation.
• Confirm/agree treatment of fees (up front vs. spread) with Finance and advise Loans Admin.
• 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 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 MO 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 NBI, RWA and CWA numbers provided by Finance, provide comments and additional analysis as reasonably required by the Front Office.’
• Review Basle II LGDs on a monthly basis.

Where CA-CIB is Agent on a deal, and taking into consideration the segregation of duties between FO and MO:

• Provide input into and agree the agency fee with Front Office
• Coordinate between the borrower, legal (as necessary) and all other syndicate members
• Liaise with the borrowers to ensure they fulfil their responsibilities
• Oversee and manage the establishment of the contacts list and documentation platforms sites
• Monitor and ensure that all Conditions Precedent of the deal are met
• Liaise with the Syndicate to coordinate payments
• Manage any waiver requests
• Monitor compliance with covenants and distribution of information to the syndicate

Supplementary Information

Management and reporting:

• Assist in completing review of the NBI reports provided by Finance or management control of ERA and confirm any adjustments which are required to be made to the information in the reports.
• Prepare the quarterly movement report for the Front Office and Paris (as required)
• Report outstanding covenants to Front Office, Risk and Middle Office management

Control:

• Ensure that the SMAC/Back Office Reconciliations are completed on a timely and accurate basis for Paris and Risk.
• Review the Commission report on a daily basis to ensure transactions have been allocated to the correct profit centre.

Legal and Regulatory Responsibilities:

• Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the London Compliance manual and Compliance policies and procedures as issued from time to time; Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
• Maintain appropriate knowledge to ensure to be fully qualified to undertake the role. Complete all mandatory training as required to attain and maintain competence.

Geographical area

Europe, United Kingdom

City

London

Bachelor Degree / BSc Degree or equivalent

• Educated to Bachelor degree level or above (or equivalent)

Experience

• In-depth experience in providing middle office support to a Front Office in the area of ERA Department
• In depth experience of reviewing Loan Agreements from an operational perspective
• Experienced in the management and coordination of Agency deals

Required skills

• Initiative
• Communication
• Time Management
• Delegation
• Influence & Persuasion
• Negotiation
• Diplomacy
• Organisation

General information

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