Account Portfolio Manager - Financial Institutions Group

Permanent contract|New York|Corporate & Investment banking

Account Portfolio Manager - Financial Institutions Group

New York, United States Permanent contract Corporate & Investment banking

Responsibilities

The GLBA/FIG/AME Product Driven position requires the candidate to help optimize and oversee the counterparty credit risk exposure of the GLBA/FIG/AME Product Driven (PRD) portfolios. 

The position will be at an Associate or VP level and require between 3 to 7 years of experience in risk related functions. The role requires an understanding of risk metrics with a focus on Fund strategies (hedge fund and asset manager level).  Strong technical and analytic skills are needed to manage the large product driven portfolio and corresponding exposure data.  The role will frequently interact with Credit, Risk, Front Office, Bankers, and global Product Driven teams and requires strong interpersonal skills.

The primary reporting line is to FIG/DIR/AME with a functional reporting line to FIG/PRD/DIR.

Monitoring the counterparty credit risk exposures and approved financings of Product Driven clients

  • Ensure that credit risks assumed by the Bank for the Product Driven clients are properly identified, assessed, measured, and managed / mitigated
  • Analyze and understand risks, report and explain the risks and dynamics of positions
  • Actively participate in the Watch List / Early Warning Indicator review process
  • Proactively monitor relevant metrics and indicators as required and escalate issues as necessary
  • Work closely with FIG Bankers with focus on sector classification in monitoring Product Driven portfolio
  • Work closely with 1LOD teams including Credit, Risk, Business Line and 2LOD RISQ in analyzing and monitoring exposures

Analytical and metric reporting of Product Driven clients

  • Utilize strong technical skills to provide reliable, punctual, accurate figures and reporting of the GBLA/FIG/PRD portfolio to assess the credit risks with clients from every angle
  • Ability to manage large amounts of data for streamlining and prioritization of critical information
  • Deliver tools to efficiently manage the reporting of credit risk exposure on existing FIG/PRD clients

GLBA/FIG Management Support of Product Driven clients

  • Work closely with the global Product Driven team to align the management of the PRD portfolios
  • Work closely with Business Liness to help with the PRD client management
  • Build action plans together with the business partners, monitor their proper execution, report the working progress and the achievements
  • Assist and develop ad hoc reviews for senior management
  • Provide adequate back up on PCRU related responsibilities, including credit decision delegation on credit requests
  • Provide support and analyses to monitor product saturation, segmentation, and revenues evolution
  • Build and foster strong relationships with sales force of Mark or any other business line or business unit
  • Potential to provide client coverage of few most promising clients

Bring support during the whole life cycle of the client relationship of Product Driven clients

  • Manage reputational risk with a special attention to High risk situations (tax aggressive structures for example, PEPs..)
  • Review new credit requests that are originated/ analyzed by front office and challenge / recommend/ opine on requests
  • Monitor credit quality post-origination on both a single name and portfolio basis using all available tools/ sources of information
  • Assist with Data monitoring & Referential maintenance by managing data quality with GBSU as well as at on and off boarding
  • Identify and Resolve operational issues by systematically revisiting and improving existing processes

Profile required

COMPETENCIES

Required:

  • Analytical background
  • Good interpersonal skills  
  • Strong written and oral communication skills
  • Strong organizational skills
  • Ability to communicate messages effectively and succinctly
  • Ability to prioritize and work in a dynamic, deadline-focused environment
  • Ability to work in a team environment
  • Ability to provide creative solutions to complex problems
  • Maintain a high level of professionalism in all situations
  • Possess a high degree of enthusiasm and energy to learn a variety of industry sectors

TECHNICAL SKILLS
Required:

  • Strong technology background to help build Tools and MIS
  • Advanced knowledge of Excel and Word
  • Proficiency in data analysis
  • Understanding of credit risk analysis

PRIOR WORK EXPERIENCE
Required:

  • 3-7 years working in Risk or similar role with some decision making experience
  • Experience with right skills to understand risk/credit metrics and fund strategies – hedge fund / asset manager knowledge a plus
  • Proven ability to lead meetings and manage projects

EDUCATION
Required:

  • Bachelors Degree
  • Masters Degree or CFA a plus

LANGUAGES
Required:

  • English
  • Bilingual English / French

Business insight

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.

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.

Reference: 21000H9Q
Entity: SG Americas Securities
Starting date: immediate
Publication date: 2021/09/03
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