Senior Credit Analyst - Non Banking Financial Institution

Permanent contract|Bangalore|Asset Management

Senior Credit Analyst - Non Banking Financial Institution

Bangalore, India Permanent contract Asset Management

Responsibilities

MAIN ACCOUNTABILITIES

The individual will be responsible for credit analysis of existing or new non-bank financial institution clients/counterparties related to the following industries: asset managers and regulated/unregulated funds, pension funds; institutional accounts etc. This position also focuses on Agent Lenders acting as agents on behalf of their clients including mutual/institutional funds and other mandates. Day to day responsibilities include:

  • Assess the creditworthiness of the counterparties (Agent lenders, Principals, Funds, mandates, Pension etc); prepare a credit report by capturing relevant information as per the internal policies, recommend internal ratings and justify the limit proposals. Obtain the RISQ approvals of the ratings and limits within the specified timelines, and ensure the internal systems are accurately updated.
  • Processing credit requests in a timely manner to meet business deadlines and maintain the annual review cycle.
  • Research and analyze financial data on the client to prepare high quality analysis in credit applications that address client credit risk and transaction risk.
  • Conduct sector research covering North America to support the analysis.
  • Showcase strong credit judgment skills when recommending credit facilities, taking into consideration facility size, tenor, and suitability for client.
  • Propose obligor ratings using the bank’s rating tools.
  • Manage key components of counterparty credit administration such, trading documentation (ISDA/CSA, GMRA, GMSLA, FAA) and managing credit limits.  Should be familiar with credit terms for legal documents and co-ordinate with legal department on negotiations.
  • Perform ongoing monitoring of client credit quality to identify a possible deterioration of credit quality.
  • Monitor exposure and manage credit limit exceptions/overshoots. Adapt to ongoing accounting and regulatory changes that affect credit limits and exposure.
  • Coordinate all aspects of a credit request, liaising with FIG relationship managers, Business Lines, Legal staff, Risk division and other stakeholders.

Profile required

COMPETENCIES

Required:

  • Ability to organize time and manage deliverables to deadlines.
  • Ability to identify and accommodate shifting priorities with little notice.
  • Ability to analyze and evaluate counterparty risk and financial condition based utilizing quantitative and qualitative data. 
  • Acquire ability to complete work with minimal or no supervision.
  • Possess a high degree of enthusiasm and energy to learn a variety of financial institution industry sectors.
  • Ability to work in a team environment, interfacing with team members, front office bankers and salespersons, risk team, and clients.

TECHNICAL SKILLS

Required:

  • Proficiency using Word for written analysis and Excel for spreadsheet analysis
  • Ability to acquire knowledge of the accounting, legal and regulatory issues governing relevant sectors.
  • Ability to investigate/research/synthesize data and make appropriate conclusions as to what is causing the observed result(s)
  • Ability to write concisely and in a way that conveys analysis and conclusions without minimal follow-up questions.
  • Working knowledge of trading documentation.
  • Develop competency with SG’s internal systems.

Desired:

  • Knowledge of capital markets/OTC traded products/ Securities lending business and committed financing facilities.
  • Knowledge of US Asset Management Industry.
  • Excel skills, such as macros and pivot tables.

PRIOR WORK EXPERIENCE

Required: 3+ years of overall credit analysis experience preferably in non-bank FI space

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 Societe Generale, 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!
Still hesitating?
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.

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.

Reference: 21000A1N
Entity: SG Global Solution Centre
Starting date: immediate
Publication date: 2021/09/09
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