Associate 1/Senior Associate-Credit documentation – APAC

About BNP Paribas India Solutions:

Established in 2005, BNP Paribas India Solutions is a wholly owned subsidiary of BNP Paribas SA, European Union’s leading bank with an international reach. With delivery centers located in Bengaluru, Chennai and Mumbai, we are a 24×7 global delivery center. India Solutions services three business lines: Corporate and Institutional Banking, Investment Solutions and Retail Banking for BNP Paribas across the Group. Driving innovation and growth, we are harnessing the potential of over 10000 employees, to provide support and develop best-in-class solutions.

About BNP Paribas Group:

 BNP Paribas is the European Union’s leading bank and key player in international banking. It operates in 65 countries and has nearly 185,000 employees, including more than 145,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group’s commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment, and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy, and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Turkey, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group’s performance and stability

Commitment to Diversity and Inclusion

At BNP Paribas, we passionately embrace diversity and are committed to fostering an inclusive workplace where all employees are valued, respected and can bring their authentic selves to work. We prohibit Discrimination and Harassment of any kind and our policies promote equal employment opportunity for all employees and applicants, irrespective of, but not limited to their gender, gender identity, sex, sexual orientation, ethnicity, race, colour, national origin, age, religion, social status, mental or physical disabilities, veteran status etc. As a global Bank, we truly believe that inclusion and diversity of our teams is key to our success in serving our clients and the communities we operate in.

About Business line/Function :

The Credit Administration team in ISPL is responsible in 

• Documentation control to ensure that terms & conditions of Facility Documents conform to credit decision and legal requirement. 
• Validate fulfilment of conditions precedent, control limit availability in systems (Atlas II and CAT) in conformity to credit decisions and documentations, follow up on condition subsequent, documents/temporary waiver
• To certify/validate the risk data integrity in risk systems, Atlas II, RGM, CAT, and CRF in conformity with credit decision and of risk data related to Guarantors and guarantee records 
• To regularly report and monitor any anomalies in legal documentation and expiry date of legal documentation.
• To alert Risk Corporate, Business Head and Management on any indication of drift of risk profile during the control missions.
• Documentation control to ensure that terms & conditions of Facility Documents conform to credit decision and legal requirement. 
• Validate fulfilment of conditions precedent, control limit availability in systems (Atlas II and CAT) in conformity to credit decisions and documentations, follow up on condition subsequent, documents/temporary waiver
• To certify/validate the integrity of risk data for borrowers & guarantors in risk systems, Atlas II, RGM, CAT, MCA and CRF in conformity with credit decision & documentation. 
• To alert Risk Corporate, Business Head and Management on any indication of drift of risk profile during the control missions
• Contribute to successful delivery of systems and control reports enhancement with adequate UATs
• Contribute to successful delivery of systems and control reports enhancement with adequate UATs
• Promote and contribute to the implementation of a common culture and approach within CTM, and promote individual initiative, autonomy and versatility

Job Title:

Credit Documentation Officer

Date:

2024

Department:

CTM

Location:

Mumbai/Chennai 

Business Line / Function:

CIB ITO 

Reports to:

(Direct)

Manager 

Grade: 

(if applicable)

(Functional)

Number of Direct Reports:

Nil

Directorship / Registration:

Position Purpose:

The position is located in ISPL (India) and report to Manager 

CTM is responsible for ensure credit approvals and credit reviews are updated/documented in a timely manner. 

Responsibilities

• Preparation of credit and security documents in line with the credit approvals 
   
• Documentation control to ensure that terms & conditions of Facility Documents conform to credit decision and legal requirement. 
• Validate fulfilment of conditions precedent, control limit availability in systems (Atlas II and CAT) in conformity to credit decisions and documentations, follow up on condition subsequent, documents/temporary waiver
• Validate the framework of required covenants in the ‘Covenant Manager’ tool, against executed credit agreements
• To certify/validate the risk data integrity in risk systems, Atlas II, RGM, CAT, and CRF in conformity with credit decision and of risk data related to Guarantors and guarantee records 
• To regularly report and monitor any anomalies in legal documentation and expiry date of legal documentation.
• To alert Risk Corporate, Business Head and Management on any indication of drift of risk profile during the control missions
• Contribute to successful delivery of systems and control reports enhancement with adequate UATs
• Promote and contribute to the implementation of a common culture and approach within CTM, and promote individual initiative, autonomy and versatility
• After reception of signed legal documents
• In cases where required, prepare additional documents (e.g. registration form for security documents, tenancy consent letter), invoice for set-up fees, memo to relevant department to arrange retrocession payment, etc.
• Collection and follow-up of various fees such as renewal, commitment and upfront fees,. 
• Input of the guarantee data in the Received Guarantee Module and keep up to date the data  for all credit facilities 
• Input covenant framework and testing result in the Covenant Manager tool 
• Input required audit financial statement for both customers and guarantors and follow up with Business/ CA to ensure receipt of required audit financial statement
• Analyse credit committee decisions and ensure credit review updates are transposed and updated into respective systems.
• Ensure control checklists are adequately prepared.
• Monitoring of genuine excess or exceptions for financing métiers products  
• Ensure all monitoring and data control Reports (excess, covenants, utilisations, wathclist ETC…) are adequately prepared, tracked  and monitored 

Data maintenance in the systems 

–    Input and update credit risk data in bank accounting system  and FX limits based on credit approval output.

–     Input and update overdraft rates in bank accounting system  based on credit approval output.

–     Maintenance of monthly KPI reporting/ dashboard

–    Input required audit financial statement for both customers and guarantors and follow up with Business/ CA to ensure receipt of required audit financial statement

 Ad-hoc tasks

• Contribute to successful delivery of systems and control reports enhancement with adequate UATs
• Participate and contribute local/regional/global projects 
• Contribution to Regulatory/IG audits
• Participate and contribute to BCP

 Contributing Responsibilities

• To alert Risk Corporate, Business Head and Management on any indication of drift of risk profile during the control missions
• Promote and contribute to the implementation of a common culture and approach within ITO 3C, and promote individual initiative, autonomy and versatility
• Possess a culture of accountability and discipline for management of credit risk data quality 
• Clear understanding of data definition in order to secure the data quality  
• Direct contribution to BNPP operational permanent control framework.
• Comply with regulatory requirements and internal guidelines

Technical & Behavioral Competencies

• • Good understanding of risk concepts and methodologies.
  • Good understanding of Financial products for banks/ FIs 
  • Knowledge of credit processes
  • Good understanding  of transaction workflows, booking concept and booking system
  • Being familiar with local regulations
  • Commitment to the role and capacity to meticulously implement the ITO 3C Mission Statement
  • Excellent written and verbal communication skills
  • Excellent attention to detail
  • Strong interpersonal skills
  • Good time-management skills
  • Autonomy and capacity to take initiative
  • Capacity to remain objective and independent in order to fulfil the control role required

 Behavior

• Work under pressure
• Accurate and attention to detail/ rigor 
• Committed and Motivated by a strong sense of accountability and care about delivering.
• Team player and Collaborative 
• Ability to collaborate/ Teamwork
• Active listening 
• Ability to deliver/ results driven

Specific Qualifications (if required)

 Degree in Banking & Finance or equivalent qualification in Banking sector with more than 5 years relevant experience in preparation and review of legal credit and security documentation on structured deals, control and monitoring function of corporate credit

Skills Referential

Behavioural Skills: (Please select up to 4 skills)

Attention to detail / rigor

Ability to collaborate / Teamwork

Ability to deliver / Results driven

Creativity & Innovation / Problem solving

Active Listening 

Transversal Skills: (Please select up to 5 skills)

Analytical ability

Ability to develop others & improve their skills

Ability to manage / facilitate a meeting, seminar, committee, training…

Ability to develop and adapt a process

Ability to inspire others and generate people’s commitment. 

Ability to setup relevant performance indicators.  

Ability to anticipate business/ strategic evolution.