Credit Analyst M/F

Job description

Responsibilities

The FIG team within GLBA/CRE is the team responsible for all aspects of FI Credit analysis in respect of GLBA PCRU clients. The London team prepares credit applications on behalf of the primary client relationship unit (“PCRU”), seeking internal approval for the Bank's exposure to EMEA FIs (excluding French counterparties, hedge funds and central clearing counterparties).

The team's role is wide in scope – counterparties analysed include regulated and unregulated funds, pension funds, private equity funds, banks, broker/dealers, insurance and reinsurance groups, and other financial institutions;

The main objectives of the team are to provide consistent, unbiased and independent analysis of the EMEA FI portfolio with the aim of:
(i) Freeing up the PCRUs in order to increase the marketing effort;
(ii) Achieving a consistently high standard of credit files;
(iii) Ensuring that counterparty ratings are reviewed so as to maintain Basel III consistency;
(iv) Advising on acceptable structures for new facilities; and
(v) Ensuring all reviews and renewals are undertaken by their due dates.

In addition, the team provides a service to certain business lines that require credit approvals/opinions on specific EMEA FI risks for non-GLBA clients.

During your VIE mission you will be in charge of these responsibilities:

• The role will focus on funds (regulated / unregulated) and asset manager counterparties, although there may be scope to cover other FI client types during the term of the contract.
• Writing credit applications and monitoring total group exposures;
• Preparing and submitting internal rating proposals;
• Participation in structuring of transactions to accommodate the requirements of both the bank and its clients
• On-going monitoring of a portfolio consisting of funds and asset manager clients throughout the EMEA region (ex-France);
• Managing the credit process, including obtaining credit approval within deadlines;
• Reporting into the UK Head of CRE – Financial Institutions; and
• Provision of support to the UK Head of CRE – Financial Institutions in respect to ad hoc projects and wider team support covering holiday absence and peaks in workflow.

Profile Required

The VIE assignment in a nutshell

This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months.

The VIE is a specific contract, under Business France's eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see www.civiweb.com .

You are graduated with a Master degree from Engineering, Business School or University.

You are fluent in English

You have basic analytical (numerate) and preferably credit skills
You have ability to quickly grasp and work with and the Bank's systems and IT tools
A basic understanding of banking products and terminology is a plus

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

Why Join Us

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

Business Insight

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.

Whether you're joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.

If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating?

You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents , regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Job code: 20000MFD
Business unit: SG CIB
Starting date: 01/01/2021
Date of publication: 13/10/2020