Investment Banking Associate - Private Equity & Fund Finance Portfolio Management

Global Banking and Advisory (GLBA) combines wholesale coverage with world-class product financing and advisory expertise within one team. Within GLBA, the Credit Portfolio Management (CPM) team is looking to hire an Associate within the Financial Assets and Insurance (“FAI”) vertical. GLBA includes the following business line:

• Investment Banking Division (IBD)
• Advisory & Financing Group (AFG) 
• Coverage (COV) 
• Credit & Structured Finance (CSF) 
• Natural Resources & Infrastructure (NAT)
• Distribution and Credit Structuring (DCS)
• Credit Portfolio Management (CPM)

CPM Overview: We manage the assets held across GLBA. CPM has three verticals: (i) corporates (investment grade and non-investment grade), (ii) real assets (real estate, energy, infrastructure, etc) and (iii) Financial Assets and Insurance (capital call facilities, middle market lending, etc.). CPM actively manages the portfolio of GLBA to maximize profitability and contribute to investment banking idea generation across M&A, ECM and Leveraged Finance for new transactions. We approve all transactions that enter the portfolio and actively work with investors to support the distribution of the portfolio across asset classes.    

The Associate will work within the FAI vertical in CPM to support the Portfolio Managers with new deal analysis, portfolio management and portfolio distribution strategic initiatives and strategies.

In the particular the Associate within the FAI vertical in CPM will be covering Private Equity Fund of Fund (“PEF”), Net Asset Value lending (“NAV”) and Capital Call Financing (“CCF”) transactions and will be in charge of portfolio monitoring and ongoing analysis of the aforementioned transactions. In addition to the usual responsibilities expected of an Associate, the successful candidate will be expected to perform the following responsibilities:

• For new transactions, attend Pre-Screening committees and CBA committees where early stage transactions are presented for agreement to proceed, prepare CPM opinion reviewing the credit risk, regulatory capital treatment, profitability, liquidity analysis of the transaction. 
• Manage and assume ownership of covered portfolio, including main portfolio KPIs (such as commitments, RWA, LGDs, ORR and ECL).
• Prepare and present quarterly and annual review of the transaction and the portfolio.
• Engage with management teams on diligence requests and lender questions.
• Prepare and present memos for credit agreement amendments.
• Coordinating with internal partners on transactions within CPM and within coverage, structuring, distribution and the Credit Risk department, in particular for secondary distribution via sales, insurance and SRT solution.

REQUIRED:

• Experience of fund finance, private equity or private debt financing.
• Knowledge of corporate finance valuation and financial accounting concepts
• Formal credit training and experience conducting credit analysis
• Strong interpersonal skills and ability to work well in teams 
• Excellent written and verbal communication skills
• Demonstrated work ethic, positive attitude, attention to detail
• Proficient in Microsoft Excel, PowerPoint, and Word
• SIE, Series 7/79 and Series 63 certifications. If not already obtained, must complete within six months of hire

PRIOR WORK EXPERIENCE:

• At least 3 years of Investment Banking experience 

EDUCATION:

• Bachelors Degree from a top-tier university (preferably in Economics, Accounting, or Finance), Master or CFA optional

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/)

D&I: 
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:

• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)

HYBRID WORK ENVIRONMENT:
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols.  Hybrid work arrangements vary based on business area.  The applicable business lines will determine and communicate the work arrangements that best meet their business needs.

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.