Corporate [Loan and SSD] Syndicate Manager – Director – CM

BNP Paribas Group; London; Hybrid; GBP 100,000 - 150,000; Full time

Job summary

A leading global banking institution in London is seeking a Director in Capital Markets to manage corporate loan syndication. The ideal candidate will lead complex analyses, develop client relationships, and have exceptional stakeholder management skills. This role offers a flexible work environment, generous benefits including a 12% pension, extensive wellbeing programs, and a commitment to sustainability. Join a collaborative team that fosters career development and inclusivity.

Benefits

Generous holiday allowance (26+ days)

12% non-contributory pension

Extensive wellbeing programs

Private medical schemes

Subsidised gym memberships

Qualifications

• In-depth understanding of Global Banking products and capabilities.
• Ability to apply knowledge to improve processes and practices.
• Capable of forming a broad market perspective.
• Exceptional risk awareness and management skills.

Responsibilities

• Lead complex analyses within the Syndicate function.
• Develop and maintain bank/investor relationships.
• Coordinate interactions of the Syndicate team with operations and risk areas.
• Support junior colleagues and manage task delegation.

Skills

Expert knowledge of policies and regulations

Excellent analytical and modeling skills

Strong experience in managing stakeholder relationships

Strong client focus

Attention to detail

Education

Professional qualification in Global Banking

Tools

Microsoft Office

Investment banking databases (e.g., Dealogic, Bloomberg)

Job description

Overview

Our company purpose is to contribute to a responsible and sustainable economy by financing and advising clients according to the highest ethical standards.

Our employer promise is built around three pillars: being a great place to work; committed to sustainability and having a positive impact; and dedication to the development of our people.

Business area

In the UK, Global Banking focuses on four main business areas: Corporate Clients Group, Capital Markets, Low Carbon Transition Group and Transaction Banking. This role sits within Capital Markets, which provides a fully integrated offer across debt and equity and works closely with issuer and investor clients.

The Syndicate team within Capital Markets is the hub for execution of all new primary issuance within the function, across products including Sovereigns Supranationals and Agencies (SSA), Financials, Corporates, Growth Markets and Euro Medium Term Notes (EMTNs). It interfaces between Debt Capital Markets and private-side teams, and Sales, Trading and other public-facing functions. Through interaction with issuer clients and trading and sales (investors), the Syndicate team crystallises origination ideas and, once a mandate is awarded, manages the execution process and residual risk associated with the transaction.

Job purpose

As a Director, the role holder will be accountable for completing highly complex analyses, reviewing work from more junior colleagues, and working with both LCM and LFCM to enable corporate borrowers to access liquidity across the capital structure primarily in EUR, USD and GBP. The role will lead workstreams and drive strategy in the team to support the business in achieving its objectives.

Key responsibilities

• Accountable for utilising detailed knowledge of Corporate Loan Syndicate as a subject matter expert to review and complete highly-complex activities to facilitate the Syndicate function’s objectives and to deliver strategic and commercial client solutions.
• Provide specialist support to the team and clients to diagnose and resolve issues, develop models and procedures and monitor trends. When precedent is not set, contribute to establishing new approaches or policies, personally or through their teams.
• Leads and takes ownership of tasks such as
• Taking responsibility for the execution of Corporate business, working with LCM and the broader syndicate team/marketing representatives to generate demand for new and existing products, including client visits to investors and issuers. Contributes to developing new and innovative products and services to meet client requirements;
• Prepare syndicate memos and attend credit committees to support underwriting of bank facilities;
• Develop and maintain bank/investor relationships to stay abreast of market trends and demand dynamics related to syndicate loan and SSD markets. Undertake pricing and execution of syndicated loans and SSD loan new issues;
• Work with sales to promote/execute transactions with banks/investors;
• Provide CM with market colour and highlight issuance opportunities;
• Follow Risk & FICC procedure when underwriting risk in excess of syndicate delegation limit (where relevant);
• Update issuers directly on market evolution and developments, both macro and pricing;
• Monitor aggregated risk and P&L, and adhere to relevant trading limits;
• Coordinate and encourage effective interaction of the Syndicate team with appropriate operations and risk areas (e.g., market risk and compliance). Contribute to the operational permanent control framework.

• Lead commercial conversations and interactions with clients on complex transactions, identify new business opportunities, and coordinate business development strategies with other lines of business, sectors, and geographies to maximise revenue and client success. Maintain dialogue with competitors to ensure and enhance good working relationships.
• Attend relevant regulatory and product/skill training and keep up-to-date with market and Compliance issues.
• Act as a senior escalation point for the Corporate Loan Syndicate team, defining appropriate interventions to deliver a quality service to clients.
• Support the Syndicate function activities as a line manager where applicable, including development of junior colleagues (regular and annual reviews) and supervising delegation of work to ensure effective and profitable output. Promote and champion conduct.

Requirements

• Professional qualification with in-depth understanding of Global Banking and BNP Paribas products and capabilities; deep expertise in syndication.
• Expert knowledge of policies, procedures, regulations and legislation relevant to the Syndicate function; ability to apply this knowledge to improve BNP Paribas processes and practices.
• Excellent analytical and modelling skills; able to translate technical concepts and provide specialist guidance. Capable of forming a broad point of view and market convictions.
• Exceptional risk awareness; evaluates consequences of solutions on people, systems and the organisation. Anticipates changes and adapts accordingly.
• Strong experience in managing key stakeholder relationships; excellent negotiation, support and influence skills. Strong people management abilities and ability to manage performance to deliver client objectives.
• Strong client focus, commercial and relationship management skills. Excellent written and spoken English to articulate technical issues clearly across the business.
• Attention to detail and ability to review and improve the work of junior colleagues.
• Computer literacy with Microsoft Office; experience with investment banking databases (e.g., Dealogic, Bloomberg).
• Commitment to BNP Paribas values and ability to operate within the Bank’s Compliance framework and external regulations.

Note — We expect all colleagues to embody the Group values (alignment with the Bank’s strategy, commitment, work ethic, integrity and Code of Conduct).

A bit more about why you should join us

1. We’re a great place to work

We aim for optimal work/life balance (hybrid, flexible, and agile options depending on role).

We are proud of our flexible benefits and health & wellbeing strategy. Our flexible benefits include:

• Generous holiday allowance of at least 26 days (plus bank holidays) with option to buy and sell holidays.
• Valuable financial plans including a 12% non-contributory pension with sustainable investments*, life assurance*, income protection and personal accident insurance.
• Extensive wellbeing and mental health offering including private medical schemes, dental cover, wellbeing app, CBT support, subsidised gym memberships, health assessments including genetic testing, Private GP services, Employee Assistance Programme, menopause & fertility support, neurodiversity assessment and support.
• Key onsite services and facilities in London including physiotherapy, nutrition, massage therapy, mental health first aiders, seasonal flu vaccinations and a free onsite fitness centre.
• Emergency back-up care for dependants, green car leasing, season ticket loan, and other benefits.

* Subject to relevant caps

2. We are committed to having a positive impact

As Europe\u2019s largest bank, we are committed to Net Zero in all financing and investment portfolios by 2050; by 2030, 80% of energy production financing will be low carbon. We also empower our people with volunteer days; in 2023 we delivered over 18,000 volunteering hours.

3. We believe in our people

We support skill development through training, talent programmes, mentoring, career days and in-house career tools. In 2023, nearly half of UK CIB positions were filled internally. We foster a collaborative and inclusive culture with active diversity networks.

• Pride Network, Ability Network (for disabled employees), MixCity (gender equality), Women in Global Markets, Women in Global Banking, Women in IT, Diversity & Inclusion in Technology, Early Careers Network, Multicultural Network, Parents & Carers Network.

Equal opportunities

BNP Paribas is committed to providing a work environment that fosters diversity, inclusion and equal employment opportunity without regard to age, disability, gender identity, race, religion or belief, sex or sexual orientation, or any other legally protected status.

Adjustments

We don’t want anyone to be disadvantaged in our recruitment processes, so if you have a disability or health condition that would benefit from adjustments or additional support, please let us know early in the process.