Investment Banking Associate - Middle Market Loans

DIVISION DESCRIPTION: 
The candidate will be a member of the Leveraged Finance group, primarily dedicated to Middle Market Lender Finance business (“MML”). MML at SG is a joint venture between the Credit Structured Finance (“CSF”) group and the Leveraged Finance group. The MML Team provides leverage against diversified pools of Middle Market Loans in the form of asset-based facilities. In this JV, the Leveraged Finance group provides fundamental credit analysis on the underlying collateral. Societe Generale Corporate & Investment Bank (SGCIB) is a leading player with a presence in 33 countries across Europe, the Americas and Asia-Pacific. SGCIB tailors solutions for issuers and investors by capitalizing on its worldwide expertise in investment banking, global finance, and global markets. SGCIB is part of Societe Generale, one of the largest financial services group in the world with 160,000 employees across 77 countries. Based on a diversified universal banking model, the Group combines financial solidity with a strategy of sustainable growth and aims to be the relationship bank of choice that is recognized for the quality and the commitment of its teams.

RESPONSIBILITIES: 
New Transaction Execution

• Assist in the marketing, origination, and execution of lender financing transactions from alternative asset managers.
• Assist with due diligence (accurate screening and analysis of lender financing opportunities).
• Assist in the production of credit papers and presentations.
• Assist in the syndication process of MML transactions, including drafting of syndication and credit rating agency materials and addressing investor inquiries.

• Collaborate with DCS, CPM, RISQ, and compliance to flesh out and comply with ECB and Federal Reserve requirements to value SG’s MML book starting in Q4 2026

  • Analyze asset manager borrowing bases and assign shadow marks on a quarterly basis for SG’s criteria-based structures
  • Analyze VAEs and complete internal valuations on a quarterly basis for SG’s asset approval structures
• Work with Third Party Providers to ensure SG valuations / marks are sensible.

Asset Approval Requests

• Perform thorough evaluations of new assets that are pledged to the facilities, including (but not limited to) the following:
• A review of the manager’s Investment Committee Memo and any ancillary reports / documents (quality of earnings reports, market studies, credit agreements, etc.).
• A review / analysis of the nature of EBITDA adjustments (non-recurring, pro forma, etc.) to determine the “actual” leverage of the asset.
• An independent analysis of trading comparables / precedent transactions to validate the purchase price / loan-to-value.
• Participation in meetings or calls with the respective deal teams to dig deeper into the credit(s).
• The analysis will be presented to SG’s Credit Risk Management Team, along with a recommendation on the eligibility / treatment of the asset under the MML Advance Rate framework.

Portfolio Monitoring / Other

• Monitor the performance of the collateral for re-evaluation events and borrowing base adjustments.
• This role must be performed in accordance with the compliance rules inherent to the business, both internal procedures and external regulatory rules.
• The candidate must contribute to and promote a positive working environment with a team-first attitude; the candidate should aspire to be an advocate and model representative of the bank
  
   

Required:

• 3+ years of work experience in Leveraged Finance 
• Working knowledge of investment banking / corporate finance
• Strong interpersonal and communication skills
• Strong problem solving and organizational skills, ability to prioritize and multi-task.
• Ability to work in a dynamic, deadline-focused environment.
• Excellent written and verbal communication skills
• Proficient in Microsoft Excel, PowerPoint and Word
• If not already obtained, must complete Series 7/79 and Series 63 certifications within five months of hire.
• Bachelor’s Degree
• Language(s) English

Nice to Have:

• Knowledge of cash flow modeling and analysis
• Knowledge of corporate finance valuation
• Formal credit training a plus
   

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/

USE OF AI GUIDELINES FOR CANDIDATES:
Société Générale permits responsible use of artificial intelligence (AI) in recruitment. Information provided by candidates must authentically reflect their own skills and experience. AI must not be used for real-time interview coaching, to complete assessments, or to generate responses during interviews. Misuse may undermine the integrity of the process and result in exclusion. This restriction does not apply to assistive technologies used for accessibility or disability-related purposes.

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.