Value Preservation Group Associate BNP Paribas 2,152 reviews - New York, NY Full-time, Contract About BNP Paribas: BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 74 countries, with more than 192,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realize their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. www.cib.bnpparibas.com Business Overview: The Value Preservation Group (VPG) is responsible for contributing to the early detection of credit problems, monitoring and managing the recovery of CIB's stressed and distressed assets. VPG operates across CIB in a métier-neutral manner. The group intervenes on one of four levels: * Advisor: VPG provides a written or verbal diagnosis and advise, but does not intervene directly with the client * Co-Pilot: VPG works with the originating group in a deal team format and is actively and directly involved in all client meetings, bank group calls and steering committee meetings. VPG's validation is required for all credit decisions * Pilot: VPG is responsible for all important credit decisions. VPG's validation is required for all credit decisions. Credit applications are written jointly by VPG and the originating group

• Transfer: The file is transferred to VPG and the originating group withdraws from active participation in the file. VPG is responsible for preparing all credit requests, making all decisions pertaining to the file and solely representing the firm in all meetings. VPG also assumes responsibility for the client relationship. Responsibilities: * Interface with risk, origination groups, middle office and VPG team members * Participate in conference calls and meetings (client, advisor, and lender) as required * Prepare cash flow forecasts for valuation, liquidity and provisioning purposes * Analyze company business plans * Create financial models * Evaluate work of third party consultants * Prepare credit applications * Participate in steering committee, lender, counsel and client meetings * Review documentation * Prepare internal memos to update senior management * Work with internal legal and outside counsel to evaluate and summarize legal issues * Interface with middle office and the loan department to ensure accuracy of information and implementation of VPG decisions * Work ad hoc projects as needed Minimum Required Qualifications * Bachelors degree ( preferred MBA or CFA) * 3+ years experience, not necessarily in banking * Technical: Microsoft Word, Excel and Outlook Preferred Qualifications: * Analytical skills * Strong interpersonal skills including ability to negotiate and influence others across the firm * Strong ethics and integrity * Handle multiple projects simultaneously in a challenging environment * Work transversally across the organization as required and maintain high standards of professionalism in all dealings with team members and external clients * Strong written and verbal communication skills * Prioritization * Knowledge of market trends and industry knowledge * Ability to perform industry research as well as financial analysis and modeling FINRA Registrations Required: None BNP Paribas is committed to providing a work environment that fosters diversity, inclusion, and equal employment opportunity without regard to race, color, gender, age, creed, sex, religion, national origin, disability (physical or mental), marital status, citizenship, ancestry, sexual orientation, gender identity and gender expression, or any other legally protected status. 3 hours ago - save job - original job Apply On Company Site * Value Preservation Group Associate jobs in New York, NY * Jobs at BNP Paribas in New York, NY * Value Preservation Group Associate salaries in New York, NY BNP Paribas BNP Paribas 2,152 reviews BNP Paribas is one of the best rated banks in the world. The Group has a presence in more than 75 countries and more than 189,000 employees,... Let employers find you Thousands of employers search for candidates on Indeed Upload Your Resume