Investment Banking Associate - Reserve Base Finance

Permanent contract|Houston|Corporate & Investment banking

Investment Banking Associate - Reserve Base Finance

Houston, United States Permanent contract Corporate & Investment banking


The role of the Senior Associate position in the Reserve Based Finance Team will focus on:

•    Performing the transaction execution responsibilities for the Reserve Based Finance portfolio (project and corporate modeling, credit analysis, financial analysis, industry and transaction risks assessment, interacting with the Technical Team, i.e., engineering team, to incorporate the technical assessment in the transaction credit package, etc.);
•    On-going monitoring and management of the existing portfolio, including monitoring of covenants compliance, maintenance of internal credit ratings and LGD, Know Your Customer requirements, assessment of transaction profitability metrics;
•    Managing admin requirements including internal pricing, client on-boarding, permanent supervision, etc;
•    Assisting the Senior Bankers with the origination and execution of transactions, including assisting with the day-to-day client relationship management;
•    Assisting the Senior Bankers in the preparation of pitches, marketing materials, indicative Term Sheets, and attending alongside Bankers client or prospect meetings;
•    Liaising both internally, with risk management and other business lines, and externally, with industry peers and other industry organizations, to proactively answer questions about our portfolio, promote new business for the bank, further the SG brand, and stay abreast industry and market trends relevant to our business.

Profile required

Technical Skills:
•    4+ years Oil & Gas and/or banking experience; specific RBF experience desired
•    Exposure to corporate clients in the Americas
•    Strong financial modelling skills  
•    Excellent understanding of accounting concepts, financial statements, cashflows and corporate finance valuation. 
•    Strong credit analysis skills (formal Credit training is a plus)
•    Capacity to understand complex financial structures and familiarity with credit and related legal documentation
•    Excellent writing, communication and presentation skills
•    Computer literacy (MS Office)

Behavior Attributes:

•    Innovative, Self-starting, Resilient
•    Ability to excel in a fast-paced, pressure-orientated environment, and deliver under tight deadlines
•    Ability to work in a team structure
•    Capacity to work in close co-operation with other business lines

Educational Requirements:
•    Required: Bachelor’s Degree (mathematic, physics, engineering or economics/finance/business) 
•    Desired: Master’s degree

Certifications Desired:

S63 & S79 (to be obtained during the first 6 months of employment)

Why join us

Business insight

The Reserve Based Finance business at Société Générale (“SG”) falls under the Energy Group in the Natural Resources Division, and finances and provides advisory services to Upstream E&P and Midstream/Energy Infrastructure clients in the Americas, with a focus on offshore project and corporate lending transactions. As a form of asset backed lending, our loan facilities are structured against the assessed value of oil and gas reserves in the ground, with enhanced structural provisions in the case of project or development style transactions. Our business is also part of a Global Reserve Based Finance group, which provides financing services all over the world, including in the North Sea, Asia and Africa.  
In addition to reserve-based lending and development finance, the Reserve Based Finance team performs a coverage function for our clients, and works with other product teams of SG’s Investment Banking platform, with a focus on Debt Capital Markets, Private Placements, Equity Capital Markets, and Capital Raising Solutions, as well as Interest Rate Derivatives and Term Deposits.
SG’s Reserve Based Finance business has been present in Houston for over 30 years.

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.

Reference: 21000T0W
Entity: SG CIB
Starting date: 2021/11/29
Publication date: 2021/09/29