DnB NOR Bank is the largest financial services company in Norway. The Bank has been generally unaffected by the credit crisis and currently has the ability to take positions and originate new transactions. DnB NOR's international strategy is to focus on areas of its demonstrated and historic core competencies - Marine and Energy Finance under a Merchant Banking umbrella. With branches in Europe, Asia, North and South America, DnB NOR supports its clients all over the world. Within the Shipping, Offshore Energy, and Land Based Energy (including supply companies) sectors, DnB is a recognized market leader and has deep relationships with top companies in the industry. Additionally, the Bank has consistently been a top 3 bookrunner and MLA in the sectors that it covers.
Purpose of the job and areas of responsibility:
Financial analysis, creating and updating financial models for current and potential customers.
Credit analysis, assist in preparation of credit memos.
Assist in preparation of marketing efforts towards existing and potential customers.
Assist in the preparation of various reports on different shipping, offshore & logistics market segments' historical development, status quo, and future prospects.
Assist in internal reporting and compliance and ensuring financial info for customers
Keeping up-to-date with bank's strategy / products / credit risk / portfolio guidelines.
Comply with office procedures and the Bank's overall guidelines and code of conduct.
Other duties as determined.
Position Requirements
Required qualifications:
Bachelor Degree
At least 2-3 years work experience from U.S. money center or large European bank in Investment Banking, Leveraged Finance, or Corporate Banking.
Completion of credit training program is a plus.
Basic understanding of fundamental banking procedures
Relevant finance experience, computer experience and financial modeling skills
Knowledge of the Shipping, Offshore, and Logistics Industry is a plus.