This position handles primary duties of creating and Monitoring of Covenants for the designated Business lines..
• Language – French and English
o Performing all the below activities to ensure better quality, controls are maintained.
Creating and follow up of the contractual documents (financial documents, ratios, technical reports) which are specified in the Credit agreement.
Update the information received in our Covenant management tool, in liaison with SMO Risk Managers
Chase the Loan Agents, if documents are not received on time
• The control of the conformity of the information supplied with regards to the finance documents
• Check values of ratios with regards to the defined contractual thresholds
• If not in line, interact with SMO Risk Managers to see what needs to be undertaken
o Data quality improvements - Using systems generated reports designed for follow-up purposes, detect anomalies and propose corrective actions to the Risk Manager
o Propose and discuss possible improvement with the Team manager
o Participate to User Acceptance tests
o Ensure compliance/regulatory adherence
o Ensure to process the occurrences with accuracy & it should be consistent for PARIS under OPER/FIN/STR.
o Ensure to process the occurrences with full respect of the procedure
o Monitor the occurrences regularly and resolve the expected occurrences within the norm aging. Valid reason if aging for a long time
o Ensure to update Exception Tracker for any new learning's or updates in the process. The same to be discussed with the team in the standup meetings.
o Ensure to update the Covtrack comments for all the expected occurrences within the stipulated time.
o Email enquiries to be responded ASAP within the day and a valid reason to be in place if responded the next day. All responses to our counterparts (Borrower, lenders, teams etc) should be promptly responded. Even if we do not have an answer immediately, acknowledge the email immediately and in case of delay in responses, keep the concerned parties informed on the estimated time when these would be responded.
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.