❓Purpose of the Job

As a credit analyst at Karmen, you will have the opportunity to grow the Karmen portfolio with your own opinion on each deal. As a credit analyst, your role will be key in the development of Karmen’s credit strategy and processes.

Indeed, at Karmen, we give our 100% confidence in the person who has just joined us. We are seeing every type of deal: from working capital deals to acquisition deals.

Directly in front of Karmen’s founders during the credit committee, you will have the unique opportunity to explain and debate your decision. To do so, you will be directly in contact with the customer (CFOs, CEO, advisors) to collect information needed for the analysis.

As your responsibilities do not end with a decision, in any case of delinquency, you will be the first link with the borrower for negotiating and managing the collection in-late.

In addition, as you are working in FinTech, you will be involved in the improvement of Karmen’s risk evaluation model, customer journey, and product. Meaning that you will frequently work with the tech, product and data departments.

🎯Main missions

• Day-to-day at Karmen:

  • Receiving deals from Karmen’s sales team ;

  • Analyzing the transactions and finding the best financing solution for the company ;

  • Discussing with the management to understand the business model and management’s strategy ;

  • Assessing risks and writing full credit reports for the credit committee ;

  • Fulfill credit committee expectations and customer interests ;

  • Negotiating terms with the customer ;

  • Presenting the offer ;

• Improving Karmen’s products and risk evaluation

• Improving overall credit process, working with the tech, data and product team

☀️ Your Manager

You will work daily with Antoine, Credit Chief Officer.

👋 Your team & Contacts

You will work with the whole credit team to challenge your decision and the how to improve Karmen.
You will work with the Sales team, Data and Tech team.
You will have contact with prospects and clients.

⚡️ Profile

• Bac +4/5 with a specialty in Corporate Finance

• At least one conclusive experience in M&A, VCs, Credit, FinTech (corporate credit specialization), or advisory.

• French (written & spoken) + English (written) mandatory

• Pack Office (VBA or Python would be a plus)

• Strong financials analysis mindset:

  • Balance sheet and P&L analysis

  • Create different scenarios based on the management business plan

  • Very good understanding of accounting

• Negotiation skills

• Good relationship with customers

• Impartial and pragmatic

Values match

At Karmen, we are looking for people who want to live a human experience above all. That’s why we’re looking for people who are aligned with the same values we hold dear every day:

Radical Transparency

We believe that transparency is crucial to promote a culture based on honesty, and communication and especially to unblock complex situations by letting the team transparently express themselves.

Ownership

It is important that team members know that they are an integral part of the foundation and success of Karmen. Moving toward a common goal is a team motto.

Kindness

Without kindness, it’s hard to build trust, without trust, it’s hard to get performance, without performance, there is no impact, and without impact, you stagnate.

Impactful & Listening

We place our team members directly into the company’s making decision. We believe that our analysts are the best to give feedback to improve Karmen’s credit decisions and processes.

What’s in it for me at Karmen?

If you join Karmen, here are the company’s benefits 👇
🏢 Incubated at Platform58. Fintech and Insurtech incubator of Banque Postale; in the heart of the 9th in Paris (Opéra).

🏡 Remote friendly anywhere in France or up to 3 days of remote per week on days chosen by the employee ;

💰 A global package between 40K€ to 45K€ gross annual + BSPCE ;

➕ A mutual insurance with Alan, meal vouchers with Swile ;

➕ A Gymlib sports subscription ;

👋 A personalized onboarding for each employee (with 1 week dedicated to the discovery of Karmen and our ecosystem then 2 to 3 weeks dedicated to the specific job) ;

❣️ A close-knit team that will do everything to make you feel good at Karmen;

🍹 Welcome lunch, regular afterworks , regular teambondings & offsite, the maitre mot: “Work hard while having fun!”

• A 30’ intro call with a Credit Team member, to discuss your career and motivation;

• A take-home case study to validate your skills in Finance and Credit Analysis ;

• A 1h30 with Antoine, the Credit Chief Officer, and Hugo, to discuss your case study, the position, and the team ;

• A 30’ coffee with Sebastien, CTO & Co-Founder, for a get to know each other.

The recruitment process usually lasts approximately 2 to 3 weeks.