Crédit Agricole CIB Limited
Associate - Securitization Quantitative Team
Crédit Agricole CIB Limited, New York, New York, us, 10261
Vacancy details
General information
EntityAbout Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit 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.Crdit 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_cibLinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference2024-92399
Update date20/09/2024
Job descriptionBusiness type
Types of Jobs - Finance / AccountingJob title
Associate - Securitization Quantitative TeamContract type
Permanent ContractJob summary
Overview
Crdit Agricole CIB offers its clients a large range of products and services in capital markets, investment banking, structured finance and corporate banking.
The Corporate and Investment Bank is structured around six major divisions:Global MarketsClient Coverage & International NetworkInternational Trade & Transaction BankingGlobal Investment BankingStructured FinanceDebt Optimization and DistributionThe Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and the Middle East. Global Markets handles all sales and trading activities on the primary and secondary markets (rates, credit, foreign exchange, fixed-income, securitization and treasury) for products designed for corporates, financial institutions and large issuers. These trading and sales entities are supported by dedicated research departments.
The Securitization product line within the Global Markets division revolves around the origination and structuring of financing solutions backed by assets or cash flows for the clients of Crdit Agricole CIB.
Securitization is a global product line offering all types of trading based on any type of asset or cash flow:
without recourse or with very limited recourse to seller;with direct execution (cash flow ABS, project bonds, long-term ABS) or indirect execution (channels).Key Responsibilities
Ensure correct and robust implementation of the Bank securitization models in compliance with the internal methodologies for rating securitization exposures.Contribute to the team effort to improve internal models and measure their efficiency.Take in charge the modeling of securitization transactions in which the Bank takes part and contribute to the internal credit process.Handle capital requirement, liquidity costs and profitability indicator calculations for multiple asset classes.Contribute to the team research efforts on prospective asset classes (quantitative and regulatory analysis).Remain aware of Rating Agency's publications and contribute to answering Request for Comments.Counterparties and Clients
Key Internal Contacts
StructurersRisk departmentALM and Treasury departmentsIT for implementation in the Bank systemsManagement
Key External Contacts
Occasionally, Rating Agencies, External ClientsSalary
115k-125k
#LI-DNI
Position locationGeographical area
America, United States Of AmericaCity
NEW YORK
Candidate criteriaMinimal education level
Postgraduate degree - MA/MSc/PhD/Doctorate or equivalentAcademic qualification / Speciality
At least Master's degree levelLevel of minimal experience
3-5 yearsExperience
Relevant financial modeling ability to at least Master's degree level.Strong technical background:
Monte Carlo simulation.Numerical optimization.
Previous experience in a financial markets area is desirable.Required skills
Strong programming skills: Python, VBA, SQL, Excel Modeling.Strong knowledge of numerical methods such as Monte Carlo and Optimization algorithms.Mathematics, Statistics.Technical skills required
Good organization and planning skills.Strong motivation, entrepreneurship and commitment.Strong team spirit and the ability to interact with other team members and with rating agencies.Ability to work under time constraints.Good communication skills, both oral and in writing.Autonomy.Knowledge of securitization models and products and of the main interest rates and credit models and products.
General information
EntityAbout Crdit Agricole Corporate and Investment Bank (Crdit Agricole CIB)
Crdit Agricole CIB is the corporate and investment banking arm of Crdit 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.Crdit 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_cibLinkedIn: https://www.linkedin.com/company/credit-agricole-cib/
By working every day in the interest of society, we are a group committed to diversity and inclusion. All our positions are open to people with disabilities.
Reference2024-92399
Update date20/09/2024
Job descriptionBusiness type
Types of Jobs - Finance / AccountingJob title
Associate - Securitization Quantitative TeamContract type
Permanent ContractJob summary
Overview
Crdit Agricole CIB offers its clients a large range of products and services in capital markets, investment banking, structured finance and corporate banking.
The Corporate and Investment Bank is structured around six major divisions:Global MarketsClient Coverage & International NetworkInternational Trade & Transaction BankingGlobal Investment BankingStructured FinanceDebt Optimization and DistributionThe Bank provides support to clients in large international markets through its network with a presence in major countries in Europe, America, Asia Pacific and the Middle East. Global Markets handles all sales and trading activities on the primary and secondary markets (rates, credit, foreign exchange, fixed-income, securitization and treasury) for products designed for corporates, financial institutions and large issuers. These trading and sales entities are supported by dedicated research departments.
The Securitization product line within the Global Markets division revolves around the origination and structuring of financing solutions backed by assets or cash flows for the clients of Crdit Agricole CIB.
Securitization is a global product line offering all types of trading based on any type of asset or cash flow:
without recourse or with very limited recourse to seller;with direct execution (cash flow ABS, project bonds, long-term ABS) or indirect execution (channels).Key Responsibilities
Ensure correct and robust implementation of the Bank securitization models in compliance with the internal methodologies for rating securitization exposures.Contribute to the team effort to improve internal models and measure their efficiency.Take in charge the modeling of securitization transactions in which the Bank takes part and contribute to the internal credit process.Handle capital requirement, liquidity costs and profitability indicator calculations for multiple asset classes.Contribute to the team research efforts on prospective asset classes (quantitative and regulatory analysis).Remain aware of Rating Agency's publications and contribute to answering Request for Comments.Counterparties and Clients
Key Internal Contacts
StructurersRisk departmentALM and Treasury departmentsIT for implementation in the Bank systemsManagement
Key External Contacts
Occasionally, Rating Agencies, External ClientsSalary
115k-125k
#LI-DNI
Position locationGeographical area
America, United States Of AmericaCity
NEW YORK
Candidate criteriaMinimal education level
Postgraduate degree - MA/MSc/PhD/Doctorate or equivalentAcademic qualification / Speciality
At least Master's degree levelLevel of minimal experience
3-5 yearsExperience
Relevant financial modeling ability to at least Master's degree level.Strong technical background:
Monte Carlo simulation.Numerical optimization.
Previous experience in a financial markets area is desirable.Required skills
Strong programming skills: Python, VBA, SQL, Excel Modeling.Strong knowledge of numerical methods such as Monte Carlo and Optimization algorithms.Mathematics, Statistics.Technical skills required
Good organization and planning skills.Strong motivation, entrepreneurship and commitment.Strong team spirit and the ability to interact with other team members and with rating agencies.Ability to work under time constraints.Good communication skills, both oral and in writing.Autonomy.Knowledge of securitization models and products and of the main interest rates and credit models and products.