Counterparty Credit Analyst (NBFI)

Responsibilities

The Credit Portfolio Management (CPM) team lies within Global Banking and Advisory (GLBA) of Societe Generale. The mission CPM is to provide credit analysis and manage the credit relationship with financial institutions (Funds, Asset Managers, Pensions and other NBFIs).

Day-to-Day Responsibilities

Reporting to the Director, the Vice-President, Counterparty Credit Analyst will be responsible for credit analysis and management of a portfolio of client credit relationships in the non-banking financial institution space (primarily regulated and unregulated funds and mandates of asset managers, business development companies, public and corporate pension plans, foundations and endowments). Geographic region is predominantly USA, with lesser emphasis on Canada. Product lines encompass committed lending facilities, structured transactions, OTC and listed derivatives, foreign exchange, and repo. The candidate should have expertise in credit analysis and supporting metrics. Day to day responsibilities include but not limited to:

• Process credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
• Research and analyze financial data on the client to prepare concise assessments in credit applications that address client credit and transaction risk.
• Conduct sector research to support the analysis.
• Exercise strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
• Use internal fund rating models to propose counterparty ratings.
• Manage key components of counterparty credit administration such as documentation (ISDA/CSA, MRA, MSLA, FAA), and risk limits. Establish credit terms for legal documents and follow up with legal department on negotiations.
• Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality, as well as exposure and credit limit exceptions.
• Manage covenant compliance, approval conditions, application of generic and specific triggers, early warning signals, and other monitoring and reporting applicable to portfolio.
• Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
• Coordinate all aspects of a credit request, liaising with relationship managers, business lines, legal staff, and Risk Division.
• Assist in special credit related assignments and projects, as required.
  
  

Required

Profile required

Competencies, Skills and Qualifications:

Required:

• Proven working experience as a credit analyst with a minimum of 5-7 years of counterparty credit analysis experience with focus on non-banking financial institutions, notably traditional asset managers, funds and pension plans.
  
  

Proven ability to work independently in a fast-paced environment while managing multiple priorities and timelines.

• Ability to analyze and evaluate counterparty risk and financial condition based utilizing quantitative and qualitative data.
• Concise writing that conveys analysis and conclusions without minimal follow-up questions.
• Strong knowledge of capital markets products, including derivatives, FX, Repo and OTC clearing and prime services products, as well as financing arrangements.
• Commitment to stay current on a variety of topics (industry/sector, legal and regulatory).
• Embrace collaborative sharing of knowledge within a team environment.
• Advanced knowledge of Microsoft Office (i.e., Word, Excel, Teams), including macros and pivot tables.
• Fluency in English.
• Bachelor’s degree in business, economics and/or accounting from an accredited university
  
  

Nice to Have:

• CFA designation is an asset.
• Post-graduate degree in Finance.
• Formal credit training advantages.
• Proficiency in French is a plus.
• AI Proficiency with demonstrated ability to use AI tools to enhance counterparty credit risk assessment and portfolio risk management exposures with appropriate judgment and governance mindset.
  
  

LANGUAGE:

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law that may apply to this position, candidates who will apply for this position may be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA").

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE:

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

D&I:

Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.

Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients
  
  

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-diversity/)