Counterparty Risk Analyst senior

Operational Objectives

I.                    Dealflow Management:

The team handles the adhoc increase and one-off limit requests from MARK sales and traders:

-         Single entry point for sales and traders for credit limits on Banks, Insurances, Funds and Brokers,

-    Analysis of the request: product, rationale, metrics impacted, tenor, counterparty, overshoots, size of the line compared of the size of the counterparty, legal documentation in place,

-          Assist sales and traders to request credit limit increases / provide information needed for GLBA and RISQ to assess the request,

-          Input the limit request in DBE for validation by GLBA/CRE and RISQ/CIB (and in IPilotage for funds),

-          Ensure that the final validation is cascaded in due time / is correctly reflected in SG’s systems

-          Ensure monitoring of adhoc notifications, such as the RISQ/CIB notification.

-        Ensure a permanent availability of service from 8:30am to 6:30pm Paris time and liaise with NY and HK GLBA/FIG teams to deliver a “follow the   sun” availability and Work on Target Days.

The team is the owner for the dealflow process, and to ensure continuous improvements in this process:

-          Reduction of reallocation process,

-          Preemptive actions to reduce needs for limit increase request under time pressure,

-          Optimise limit upload.

II.                  Credit Renewal Process

The team works closely with GLBA/CRE, RISQ, Sales and COO to define and implement the limit renewal and its resource requirements on Banks and brokers perimeter for both principal and agency businesses:

-          Define metrics to be reviewed and requested,

-          Present rationale for limit increase requests,

-          Review / enhance the tools used.

III.                Overshoot Management:

The team is also responsible to review the credit overshoots and to take actions as appropriate (limit increase, risk reduction, activity restrictions) with the double objective of:

-          Identifying the technical issues causing higher than expected limit usage in order to obtain exposure corrections and under this way restoring larger margins for further trades. In this role, the team is communicating on a daily basis all overshoots identified on its perimeter and participates in the improvements of monitoring tools.

-          investigating active overshoots to determine if they were properly justified or not. In this last case, financial sanctions are proposed. These investigations must be achieved within 3 weeks and justified by written elements useable by Lod2.

IV.                Complementary assignments:

-          The team is owner of the metrics for MARK (Business Extensions, weekly meetings on CVaR production, etc. and product owner of MAT.

-          Its members produce and distribute daily adhoc reportings : Daily Exception CVaR, FOP, H2O,…

-          It is also in charge of the maintenance of credit procedures (sales handbook, penalty procedures, etc.).

Required attributes:

The following attributes are required for the successful completion of the tasks described above:

-          Strong analytics skills: counterparty financials analysis includes banks, brokers, insurances and funds,

-          Strong knowledge of financial markets mechanisms and products,

-          Solid knowledge of compliance rules,

-          Strong knowledge of SG risk metrics and processes,

-          Knowledge of legal contracts: ISDA, GMRA, GMSLA,

-          Capacity to work in a stressful environment / Flexibility / ability to work on various topics at short notice,

-          Attention to details,

-          Client / service oriented, to provide the best customer services to internal and external clients,

-          Proactivity / curiosity / willingness and ability to learn quickly: solution oriented, take initiative to solve or escalate any issue if necessary,

-          Ability to perform continuous improvements,

-          Communication skills / ability to interact with a wide range of departments (sales, RISQ, GBSU, GLBA, etc.),

-        As part of these processes, the counterparty risk team has expertise in the use of the following tools:  DBE / CWF / IPilotage and related/ MAT / Control Tower.

Location and Experience Required:

The position is based in Casablanca, Morocco.

7 to 12 years of experience required.

Créée en 2014, SG ATS est une filiale du Groupe Société Générale qui fournit des solutions agiles et efficaces aux salles des marchés SG en Europe (principalement à Paris et Londres) afin de les aider à se développer et à répondre aux exigences de plus en plus fortes imposées par les différentes législations bancaires internationales.Forte de son succès, SG ATS fournit aujourd'hui des prestations à forte valeur ajoutée à différentes lignes de métiers du Groupe (en Europe principalement mais également aux Etats-Unis et en Asie) sur des activités de marchés, mais également à plusieurs directions du Groupe Société Générale.Sacrée « Meilleur Employeur 2025 – Maroc » SG ATS est une structure jeune, dynamique qui positionne le capital humain au centre de son développement. SG ATS souhaite donc s’entourer de talents qui participeront activement à la réussite de l’entreprise tout en évoluant dans un environnement international propice au développement de compétences à forte valeur ajoutée. Vous serez basé à Casablanca au sein de la filiale SG Africa Technologies & Services (SGT ATS).

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