Credit Analyst (Financial Institutions)
Responsibilities
Job Summary:
You become a member of the Client and Credit Group based in Japan. Reporting to the Head of Client and Credit Group (Financial Institutions “FI”), Asia Pacific in Hong Kong, you will provide balanced and objective credit assessments to business requests, and assume full analytical responsibility to support the overall credit approval process for target and existing FI clients.
Client and Credit Group is the analytical platform of Corporate and Investment Banking supporting front office by providing counterparty risk assessment on a transversal basis and client facing as required.
Main Responsibilities:
- Conduct first level credit analysis for Financial Institutions (ex-Hedge funds) counterparts by preparing concise, critical and well supported credit proposals.
- Recommend credit limits in a partnership relationship with bankers/sales/structuring team based on the bank’s risk appetite and client’s credit profile.
- Conduct periodic credit facility renewal and maintain clear and updated documentation in all credit files including financial statements, financial spreading, credit applications, validation records, internal and external correspondence.
- Expedite and monitor the credit approval process by liaising with bankers/sales/structuring team and approval officers.
- Review and assess counterpart’s credit risk rating at least annually, or as driven by special events, based on internal and external ratings and analytical tools.
- Manage a portfolio of FI counterparties keeping credit files up to date, covering Asian countries, particularly in Greater China.
- Be actively involved in the preparation/negotiation of capital markets legal documentation, including ISDA, VMCSA, GMSLA, GMRA, NAFMII, etc.
- Keep a constructive and regular flow of communication with Front Officers to help them build deals in a sustainable way from the risk point of view, and to be informed timely of any relevant event on the Bank’s commercial side.
- Ability to speak to internal and external interlocutors at senior levels, and provide CRE’s recommendation with relevant supporting grounds.
- Report significant business events, financial trends, industry developments and other relevant issues relating to financial position of clients.
- Assist in special credit related assignments and projects, as required.
Profile required
Academic Background (degree and major):
- Degree in relevant discipline from a recognized university (MBA or other professional qualifications such as CFA is preferred).
Working Experience / Technical Skills & Know how:
- 5 to 8 years of solid experience in Financial Institutions counterparty credit risk related work.
- Anticipation, quick reaction, ability to sometimes work under time pressure.
- Knowledge of capital market products including equity derivatives products, ISDA (International Swaps & Derivatives Association) /CSA (Credit Support Annex) documentation, GMRA, GMSLA, trade finance, asset backed financing is a definite advantage.
- Good command of both English and Mandarin.
- Sound knowledge of the regulatory and business environment of China, especially in Financial Institutions.
Skills & Competencies:
- Mature, self-learning, good communicator, and co-operative work behaviour to engage various stakeholders.
Language Skills:
- Fluency in English and Mandarin (oral and written) is required.
Computer Skill:
- Well versed in MS office applications (word, excel, powerpoint is a must).
- Excel VBA is a plus.
Professional Qualification (if applicable):
- CPA, ACCA, CFA is a plus
This position is located in Beijing or Shanghai
Business insight
Company Description:
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 employees in 66 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of August 2023). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,300 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customised business solutions.
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.