Credit Risk Officer - Natural Resources & Infrastructure

 New York, United States       Permanent contract        Risks

Responsibilities

Within Credit Risk Assessment Group (“CAG”), the VP will work report to the Team Leader of Natural Resources/Infrastructure and will be part of a team responsible for managing a portfolio comprised of US and Latin American corporate clients and subsidiaries of non-US groups in Natural Resources, Project Finance and Infrastructure financing industries. The VP will have a main focus on Trade Commodity Finance, however, will also have the opportunity to assist across other NAT scope. Candidate will be responsible for reviewing credit requests/amendments that are originated/analyzed by the business lines, and producing CAG commentaries, and on-going portfolio monitoring.  The main responsibilities include:

Main responsibilities:

  • Review credit requests/amendments that are originated/analyzed by front office (1LOD) and produce Credit Assessment Group commentaries in an efficient/timely manner. Ensure that credit risks are properly identified, measured, managed, and mitigated, and that 1LOD assumptions/projections are appropriately challenged. 
  • Communicate and work closely with business and other middle/back office groups in a timely and efficient fashion;
  • Communicate with RISQ colleagues in Paris as needed, particularly for transactions involving global clients;
  • Have a strong understanding of all local, global and regulatory risk related guidelines to ensure that all requests comply.  If there is a breach, such is identified and escalated as required.
  • Ensure that when reviewing a transaction or when defining a credit policy, the environmental aspects are always taken into consideration.
  • Properly monitor leverage and concentration risk at the single-name level and at the portfolio/regional level, working closely with the Portfolio Assessment Group (PAG).   
  • Monitor credit quality post-origination on both a single name and portfolio basis using all available tools / sources of information and the assistance of PAG.   
  • Use the electronic tools at the same time as when CAG review is provided to validate all requests, ratings, LGDs, and classifications.  
  • Actively participate in the Watch List review process and maintain a regular dialogue with the Asset Recovery (ARM) team on general trends, specific issues and names in Trade Commodity Finance portfolio.   
  • Work closely with business lines, notably Trade Commodity Finance to monitor the clients and relevant industry issues, ensuring proper risk/reward dynamics are maintained.


Profile Required

Competencies required:

  • 5-7 year work experience in banking covering energy related activity, preferably in Trade Commodity Finance;
  • 2LOD experience preferred but not mandatory;
  • Strong understanding of finance and accounting;
  • Good understanding of commercial and investment banking products;
  • Strong analytical skills;
  • Ability to work in a team environment;
  • Ability to prioritize and work in a dynamic, deadline-focused environment
  • Strong written and oral communicate skills;
  • Proficiency in English; French is a plus.

Business Insight

Société Générale Corporate & Investment Banking (GBIS) is the third largest investment bank in the European Economic Area and is present in more than 75 countries around the world.

 

The RISQ Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively GBIS-oriented. 


RISQ/CIB oversees the management of credit related to corporates, financial institutions and sovereign counterparties as well as country risk for all of the Group's activities.


RISQ/CIB's duties include setting specific credit policies for each of the main businesses in conjunction with General Management, the businesses lines and other RISQ divisions where appropriate. These credit policies establish (i) the general criteria for the acceptability of credit requests for each client category and/or type of facility, and (ii) exposure limits.


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.

Job code: 200003VA
Business unit: SG AMERICAS OPERATIONAL SECURITIES
Starting date: Immediate
Date of publication: 20/07/2020
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Credit Risk Officer - Natural Resources & Infrastructure

Permanent contract   |   New York   |   Risks