Associate-Restructuring / Leveraged Finance

Global Banking and Advisory (GLBA) combines wholesale coverage with world-class product financing and advisory expertise within one team. Within GLBA, the Credit Portfolio Management (CPM) team is looking to hire a Associate within the corporates vertical.

GLBA Overview: We provide our issuer clients (corporates, financial institutions, public sector) with capital raising solutions, along with structured financing and commodities, forex, and interest rate hedging. Developing tailor-made products and providing strategic advice (capital structure advisory, financing schemes and capital markets) based on our worldwide expertise and in-depth sectorial knowledge, we aim to meet their financing needs. We are a top player across euro debt capital markets and won many international accolades over the years as a worldwide leader in export, project and natural resources & energy finance.

CPM Overview: We manage the assets held across GLBA. CPM has three verticals: (i) corporates (investment grade and non-investment grade), (ii) real assets (real estate, energy, infrastructure, etc.) and (iii) financial assets (capital call facilities, middle market lending, etc.). CPM actively manages the portfolio of GLBA to maximize profitability and contribute to investment banking idea generation across M&A, ECM and Leveraged Finance for new transactions. We approve all transactions that enter the portfolio and actively work with investors to support the distribution of the portfolio across asset classes.    

TASKS AND RESPONSIBILITIES

The Associate will work within the corporate vertical in CPM working directly with the Portfolio Manager. Core responsibilities will include analyzing private equity LBO debt financings, Pre-IPO lending and restructuring transactions. The role will support the Portfolio Manager with new deal due diligence (LBO underwriting, non-investment grade corporate credits and Pre-IPO lending) and restructuring transactions across the entire corporate book (investment grade and non-investment grade). In addition to the usual responsibilities expected of an Associate, the successful candidate will be expected to perform the following responsibilities:

RESPONSIBILITIES:

• Ability to prepare, review and analyze all aspects of a financing, including detailed financial modeling, due diligence process, credit analysis, credit approval process and marketing process for non-investment grade corporate credits

• Support in the management, analysis and negotiations of restructurings, bankruptcies, distress M&A and distressed sale processes with internal and external parties

• Actively support in the execution of hedging strategies across the book including CDS, Insurance and SRT protection

• Assist in the monitoring of portfolio companies post-closing and identify investment ideas for new origination opportunities for investment banking products and services

• Prepare and present opinions for new deals as well as for memos on all distressed transactions

• Perform portfolio level analysis across the corporate book for senior management

• Engage with management teams on diligence requests and lender questions

• Coordinating with internal investment banking partners on transactions for new deal origination
  

SKILLS AND EXPERIENCE:

REQUIRED:

• Deal experience underwriting LBOs within a Leveraged Finance team

• Experience with three-statement financial modeling, including detailed operating builds and capital structure scenarios

• Knowledge of corporate finance valuation and financial accounting concepts

• Formal credit training and experience conducting credit analysis

• Experience working on restructurings and bankruptcy proceedings

• Strong interpersonal skills and ability to work well in teams

• Excellent written and verbal communication skills

• Demonstrated work ethic, positive attitude, attention to detail, and ability to multi-task

• Proficient in Microsoft Excel, PowerPoint, and Word

PRIOR WORK EXPERIENCE:

• 4-6 years of investment banking, credit analysis, restructuring experience

EDUCATION:

• Bachelors Degree from a top-tier university (preferably in Economics, Accounting, or Finance)

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/)

DIVERSITY, INCLUSION & BELONGING (“DIB”):
Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.