Credit Analyst

International Volunteer Program|Madrid|Corporate and Investment Banking

Credit Analyst

Madrid, Spain International Volunteer Program Corporate and Investment Banking


The department a unit of the Client & Credit Group (CCG). The team in Iberia is composed of 11 individuals: one manager and 10 analysts, 2 of which are supervisors.

The credit applications are handled by CCG at the request of relationship managers and of the business lines and relate to a portfolio of corporate clients, a number of which are on the IBEX 35 list of top companies in Spain, but also with privately-owned entities. We are responsible for garnering internal approvals for transactions that are being studied for these counterparties who happen to operate in a wide range of industries. In that process, CCG will analyse the counterparties’ industries, markets or niches, as well as their financial condition based on in-depth financial statement analysis. 

CCG is also responsible for tracking the exposures, under transactions closed, until they have been fully repaid, settled or expired. We work very closely with the front office, which has the day-to-day contact with clients, with the business lines, legal department, portfolio management group, and the Risk department at our head office in Paris.

During your VIE mission you will be in charge of the following responsibilities:

  • Using a wide range of tools and info sources to put together coherent, concise credit applications which will culminate in a recommendation for approval, a rating for the obligor and an assessment of the loss given default
  • Researching and obtaining industry and client information from the internet, Bloomberg, and other sources that might be available
  • Obtaining and synthesizing the issues from companies annual reports financial statements from website and company websites
  • Maintaining credit files (all kept electronically) in good order
  • Preparing client exposure reports and financial spreadsheets in Excel
  • Utilizing tools such as those for concentration analysis, client rating, profitability analysis and approved client facilities as well as outstanding exposures
  • Assist in the review of loan documentation including monitoring covenant compliance of clients

After a year or two in this role, the candidate will be able to understand the basics of credit analysis, of how a wholesale bank functions, how it delivers solutions to clients and, as CCG is intimately involved in the Bank’s client relationships and in so many sectors, the analyst will be attuned to the economy and the goings-on in the financial sector.  This all will open the door for the candidate to pursue a career in banking or enter into a wide range of businesses, not the least in planning or financial management in corporates.

Profile required

  • Graduate with a Master degree from Engineering or Business School or University in business and finance fields, with high knowledge of economics, accounting and financial statement analysis
  • A previous experience in Investment Banking would be appreciated
  • Fluent in English and Spanish
  • Proficient in MS Office

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

The VIE assignment in a nutshell
This VIE in Madrid is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months.
The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information, please see Mon VIE-VIA Business France.

We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignment.

Why join us

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

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, 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: 21000DAP
Entity: SG CIB
Starting date: 2021/07/01
Publication date: 2021/04/23