Senior Analyst - Credit Admin
Responsibilities
JD: CREDIT ADMINISTRATOR (GLBA/CPM/AME/COR)
Department Description:
GLBA/CPM/AME/COR: Global Banking & Advisory (GLBA) / Credit & Portfolio Management (CPM) / Americas (AME) / Corporates (COR)
CPM manages GLBA's loan book across geographies with the objective to enhance capital optimization and disciplined portfolio management. Primary role of CPM/AME is to perform end-to-end credit analysis of SG Americas’ corporate banking clients including but not limited to analysing client’s credit worthiness, assigning credit ratings, understanding corporate banking products, recommending risk mitigants, continuous tracking of the bank’s overall exposure to our clients and ensuring compliance to all applicable regulatory guidelines.
Role Description:
This position has a focus on Credit Administration function supporting the AMER region of GLBA/CPM in the Corporates vertical. The Credit Admin role in GLBA/CPM Bangalore entails supporting and assisting analysts covering AMER portfolio in performing credit analysis.
Key responsibilities include:
- Credit Approvals - assisting the credit analysts on Annual reviews and Credit transaction requests
o Follow-up with Bank’s Business Lines (BLs) to (i) initiate renewals and (ii) provide timely approvals on time credit file
o Work with BLs to ensure that system-based credit requests are complete prior to submission to senior management
o Post approval activities - Ensure the bank’s reporting system are correctly updated
o Delegations: (i) Check delegations for credit requests and ensure that correct approval levels are outlined in the credit applications (ii) Populate the list of people required to approve a credit request from both a credit and policy point of view
o Driving improvement in client referential data quality
- Financial Spreading and Ratings
o Obtain latest financial statements from BLs and save in the shared drives
o Upload financial statements to SG’s internal financial spreading application and validate as needed.
o Ensure that validated financial statement data is flowing correctly into the banks rating tools
o Follow up with RISK teams for ratings approvals
o Review the Missing / Expired rating report to identify any ratings that need to be renewed and trigger remediation
o Alert on exposure without ratings
o Update Peer comparison table
- Exposure and concentration management:
o Outline all existing credit facilities and exposure in the credit application
o Maintain Global Exposure Summary Schedule (including Global approval envelopes) on an ongoing basis
o Work with BLs to correct exposures / Client groupings. Ensure data accuracy in exposure / concentration applications
o Monitor overshoots and assess whether it is an active or a passive overshoot by liaising with the BL
o Following up with BLs for status on unpaid / past due exposure and to understand if this is technical or not. Assist Credit analysts in (i) addressing these defaults (ii) provide RISK a valid rationale for client’s inability / unwillingness to clear its dues.
- Other aspects of the credit process + Transversal activities
o Guarantee Analysis - Sourcing of the “Guarantee” / “support” documentations from tools / business lines etc.
o Assist Credit Analysts with the monitoring of the portfolio
o Complete weekly workflow trackers and ensure that the pipeline is up to date.
o Regularize credit approvals in systems, as needed.
o Assist with deal closing activities
o Assist management in ad-hoc projects
Profile required
Skills
- Basic understanding of the credit processes of a global multinational bank
- Intermediate financial spreading skills and understanding of accounting (US GAAP and IFRS).
- Basic Knowledge of capital markets / traded products, commercial financing facilities and investment banking products.
- Advanced knowledge of MS Word, MS Excel, MS PowerPoint
- Strong behavioral skills such as ownership, communication skills, negotiation skills, independence, problem solving capabilities
- Ability to complete work with minimal or no supervision and accommodate shifting priorities.
- English – strong written and spoken required
Educational Qualifications: Graduate or Postgraduate in Finance
Experience Level: (i) Two to five years of experience in credit operations / credit support / middle office (ii) Experience in corporate banking / market risk products of large multinational banks would be an added advantage.
Why join us
We are committed to creating a diverse environment and are proud to be an equal opportunity employer. All qualified applicants receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.
Business insight
At Société Générale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating, and taking action are part of our DNA. If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
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You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.
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