V.I.E. - 18 months - CLO Banking Analyst F/M - New York
Job Description
Natixis is seeking a VIE intern to assist our US CLO Banking Team in New York. The CLO Banking team operates within the Securitized Product Group (SPG), a vital part of the Fixed Income/Global Markets division of Investment Banking. In this role, you will have the opportunity to support complex financial transactions and collaborate with a dynamic team in a fast-paced environment.
Your main tasks and responsibilities will be:
• Gain familiarity with CLO modeling activities for new issues, refinancings, and resets.
• Draft internal credit committee and other approval memos.
• Understand the needs of and coordinate interactions with third parties, including rating agencies and legal counsel.
• Assist in the creation / updating of client presentations.
• Prepare periodic and ad-hoc presentations for senior management.
• Create quantitative and functional information systems and detailed financial models for analyzing structured credit transactions and managing execution processes
• Learn the essentials of CLO transactions, including analyzing capital structures, conducting investor analyses, testing rating agency criteria, and reviewing transaction and offering documents.
• Analyze market and industry trends, along with historical performance, to inform structuring decisions.
The VIE will work closely with and benefit from the mentoring of senior CLO Bankers.
About Us
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
Our teams of experts in close to 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.
As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks, Natixis CIB benefits from the Group's financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch Ratings: A+, R&I: A+).
