Analyst - Covenant Monitoring

Permanent contract|Bangalore|Corporate & Investment banking

Analyst - Covenant Monitoring

Bangalore, India Permanent contract Corporate & Investment banking

Responsibilities

The role incumbent, as Analyst supporting BDS in FIN


  • Client/stakeholder management
    • Client Centric
    • Develop a strong link with the Paris FIN team as dual office model
    • Report and escalate Client Incidents
    • Provide a quick/satisfactory resolution for issues
    • Build effective synergy with cross-functional units (RMs, MO teams)
  • Operational Excellence:
    • Deliver BAU per set benchmarks/ agreements
    • Monitor/Escalate errors and incidents
    • Performing all the below activities to ensure better quality, controls are maintained.
      • The follow up of the contractual documents (financial documents, ratios, technical reports)
        • 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

  • Data quality improvements - Using systems generated reports designed for follow-up purposes, detect anomalies and propose corrective actions to the Risk Manager
  • Propose and discuss possible improvement with the Team manager
  • Participate to User Acceptance tests
  • Ensure compliance/regulatory adherence
  • Ensure to process the occurrences with accuracy & it should be consistent for PARIS under OPER/FIN/STR.
  • Ensure to process the occurrences with full respect of the procedure
  • Monitor the occurrences regularly and resolve the expected occurrences within the norm aging. Valid reason if aging for a long time
  • 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 stand-up meetings.
  • Ensure to update the Covtrack comments for all the expected occurrences within the stipulated time.
  • 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.

  • Risk Management:
  • Timely and Accurate intimation of any issues and escalations to the management.
  • FBK should be read and understood and always work as per the FBK norms.
  • Ensure to maintain minimum incidents and there should not be any incident triggering Financial /Operational loss during the year.
  • Always keep the documents intact for any sudden audits. No lapses in the documentation. 
  • Ensure to have no critical audit findings in the process handled during the year.
  • Ensure to participate in the periodic resiliency and remote testing and share the results with the BCP teams.

    The role incumbent, as Analyst supporting BDS in FIN


  • Client/stakeholder management

    • Client Centric
    • Develop a strong link with the Paris FIN team as dual office model
    • Report and escalate Client Incidents
    • Provide a quick/satisfactory resolution for issues
    • Build effective synergy with cross-functional units (RMs, MO teams)

  • Operational Excellence:

    • Deliver BAU per set benchmarks/ agreements
    • Monitor/Escalate errors and incidents
    • Performing all the below activities to ensure better quality, controls are maintained.
      • The follow up of the contractual documents (financial documents, ratios, technical reports)
        • 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


  • Data quality improvements - Using systems generated reports designed for follow-up purposes, detect anomalies and propose corrective actions to the Risk Manager
  • Propose and discuss possible improvement with the Team manager
  • Participate to User Acceptance tests
  • Ensure compliance/regulatory adherence
  • Ensure to process the occurrences with accuracy & it should be consistent for PARIS under OPER/FIN/STR.
  • Ensure to process the occurrences with full respect of the procedure
  • Monitor the occurrences regularly and resolve the expected occurrences within the norm aging. Valid reason if aging for a long time
  • 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 stand-up meetings.
  • Ensure to update the Covtrack comments for all the expected occurrences within the stipulated time.
  • 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.


  • Risk Management:

    • Timely and Accurate intimation of any issues and escalations to the management.
    • FBK should be read and understood and always work as per the FBK norms.
    • Ensure to maintain minimum incidents and there should not be any incident triggering Financial /Operational loss during the year.
    • Always keep the documents intact for any sudden audits. No lapses in the documentation. 
    • Ensure to have no critical audit findings in the process handled during the year.
    • Ensure to participate in the periodic resiliency and remote testing and share the results with the BCP teams.

Profile required

  • A good academic background
  • Good understanding of financing and loan life cycle
  • Knowledge on Credit risk

Why join us

We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status”

Business insight

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.
Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
Still hesitating?
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

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, 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: 2300009S
Entity: SG Global Solution Centre
Starting date: 2023/03/01
Publication date: 2023/01/24
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