Structured Solutions and Leasing Middle Office – Analyst/Associate

Job description

Environment

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

Mission

Description of the Business Line or Department

• OPER/FIN/SMO London Department is divided into 5 teams providing “Middle Office” support to various Financing Business Lines:
- Corporate Banking
- Project Finance and Export Credit
- Leverage & Strategic Acquisition Finance and Real Estate Finance
- Trade Commodity Finance
- Structured Solutions & Leasing

• The Structure Solutions & Leasing Business Line specifically provides ‘structured' Financing Solutions and Leasing to large international corporate clients through the set-up of structures that seek to optimise tax benefits. SSL transactions are therefore generally very bespoke, combining financing as well as market products involving both domestic and cross boarder entities.

This analyst (or associate, depending on profile) position has opened within the London Middle Office of the Structured Solutions & Leasing business line.

Summary of the key purposes of the role

• Set-up of new financing structures in collaboration with the Paris management team and hand in hand with Front Office and all the other departments involved (Back Office, Legal, Treasury, Accounting, Risk and Cash Management Teams.....)

• Operational Management of the financing structures already in place: risk and liquidity monitoring, profitability reporting, covenants follow up and analysis…

• Management of Special Purpose Vehicles: accounting and legal aspects

• Monitor and report on credit Risk where appropriate

• Be aware of and contribute to the implementation of transversal projects: regulatory projects (EMIR, FATCA, BASEL III...), permanent supervision or processes optimisation.

Summary of responsibilities

Deal Management and Set-up

• Establish a strong relationship and collaboration with FO for the implementation of new transactions (to perfectly understand the structure to be set-up and the specific operational and regulatory requirements) and for the management of the structure over its life (rollover, amendment, waiver, restructure, early termination...)

• Have a thorough understanding of the detailed Middle Office operational processes for SSL activities and be able to apply them on each transactions

• Work closely with the SSL Middle Office and Back Offices based in Paris for booking in the systems and payments execution.

Operational Risk Management and Credit Risk Analysis

• Understand the various internal systems in place to manage operational risks and liquidity, and ensure the data quality and the correct feeding of all these applications.

• Tracking and monitoring compliance with financial information and other covenants provided under the bilateral and/or syndicated loan agreements.

• Ensure proper approvals, legal documentation and operational evidences are collected in due time and archived.

• Occasionally perform credit analysis of existing relationship including periodic review of financial results and statements to monitor operating performance, liquidity position and financial condition, peer analysis, identifying industry trends and analysing of financial projections

• Raise alerts to team manager, in the event of any issues being identified on these processes.

Transversal

• Support the team manager or other team members on adhoc projects for SSL (regulatory projects, process optimisation, continuous improvement...)

Relationship management

• Establish and maintain strong internal relationships with all our internal interlocutors (Front Office, Back Office, Accounting Team, Compliance, Legal and the Management Team.

Other specific technical requirements

• Understanding of vanilla financing products (Bilateral and Syndicated Loans, Leases)
• Awareness of accounting, control and booking issues in relation to structured finance transactions

Level of Autonomy and Authority

The role will report directly to the OPER manager in charge of the SSL business line and initially work under the guidance of an experienced team. However a proactive and autonomous attitude is required.

Desired profile

Profile

Competencies

• Motivation and professionalism
• A “team player” with a strong sense of team spirit.
• An intuitive sense for both operational and credit risk.
• Excellent communications skills.
• Flexibility and adaptability
• Ability to work under pressure
• Financial analysis skills
• Understanding of accounting
• Proactive and autonomous
• Initiative

Work Experience

• Some experience in a relevant financial institution, with ideally exposure to structured finance.

Education

• A Bachelors Degree in Finance related discipline

Languages

• English required with French a distinct advantage

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.