At a Glance
- Tasks: Conduct credit analysis for non-bank financial institutions and manage client relationships.
- Company: Join Societe Generale, a leader in financial services with a commitment to innovation.
- Benefits: Enjoy a hybrid work model, competitive salary, and opportunities for professional growth.
- Other info: Be part of a diverse team that values inclusion and collaboration.
- Why this job: Make an impact in the finance world while developing your analytical skills.
- Qualifications: 3+ years of credit analysis experience and a Bachelor's degree required.
The predicted salary is between 94500 - 115500 $ per year.
Responsibilities
- The individual will be responsible for credit analysis of existing or new non-bank financial institution clients/counterparties related to the following industries: asset managers and regulated funds, pension funds; mortgage REITS; and private equity funds.
- Products traded include OTC derivatives, prime services products, foreign exchange, repo, and securities lending. Clients may also require committed loan facilities.
- Day to day responsibilities include:
- 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 high quality analysis in credit applications that address client credit risk and transaction risk.
- Conduct sector research covering North America to support the analysis.
- Develop strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
- Propose obligor ratings using the bank’s rating tools.
- Manage key components of counterparty credit administration such as internal ratings, trading documentation (ISDA/CSA, GMRA, GMSLA, FAA), and replacement risk limits.
- Become knowledgeable of 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.
- Monitor exposure and manage credit limit exceptions. Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
- Coordinate all aspects of a credit request, liaising with FAI relationship managers, business lines, legal staff, and Risk Division.
Profile required
- Must Have:
- Organize time and manage deliverables to deadlines.
- Identify and accommodate shifting priorities with little notice.
- Analyze and assess counterparty risk and financial condition utilizing quantitative and qualitative data.
- Complete work with minimal or no supervision.
- Possess a high degree of enthusiasm and energy to learn a variety of financial institution industry sectors.
- Team player, interfacing with team members, front office bankers and salespersons, risk team, and clients.
- Proficiency using Word for written analysis and Excel for spreadsheet analysis.
- Ability to acquire knowledge of the accounting, legal and regulatory issues governing relevant sectors.
- Ability to investigate/research/synthesize data and make appropriate conclusions as to what is causing the observed result(s).
- Ability to write concisely and in a way that conveys analysis and conclusions without minimal follow-up questions.
- Knowledge of capital markets/traded products and committed financing facilities.
- 3+ years of overall credit analysis experience preferably in non-bank FI space.
- Bachelor’s degree from accredited university.
- Nice-to-have:
- Knowledge of capital markets/traded products and committed financing facilities.
- Advanced Excel skills, and AI tools.
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").
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.
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.
Counterparty Credit Analyst in Montréal employer: Societe Generale SA
At Societe Generale, we pride ourselves on being an exceptional employer in Montreal, offering a dynamic hybrid work environment that fosters collaboration and innovation. Our commitment to diversity and inclusion ensures that every employee feels valued and empowered, while our focus on professional growth provides ample opportunities for career advancement within the financial sector. Join us to be part of a culture that prioritizes ethical practices, teamwork, and a strong sense of community.
