Strong credit skills
Experience with loan documentation
Background in negotiating workouts and/or credit agreements
Knowledge of US GAAP related to impaired assets
Strong working knowledge of financial markets products
Deliver as a team player in a fast-paced environment
Strong communication skills (written and oral)
Ability to communicate messages effectively and succinctly to senior audiences
Strong working knowledge of the US Bankruptcy Code
Strong working knowledge of US regulatory guidelines and internal policies
Experience managing distressed assets, including, but not limited to, the following risks: debtor, counterparty credit, and clearing Experience leading steering committees
Experience working with debtors, lenders, and other creditors in bankruptcy, restructuring,and foreclosure
Familiarity and proficiency on FRB regulations including those related to criticized and classified assets; leveraged lending; and best practices in problem asset management.
Knowledge of European Central Bank regulations for problem assets.
Familiarity and proficiency managing commodity borrowing base transactions and clearing exposures.
Working knowledge of International Accounting Standard related to impaired assets.
PRIOR WORK EXPERIENCE
10 + years of experience working for a major US or international bank
5+ years of experience performing credit analysis;
5 + years of experience working with clients and bank groups; and
3-5 years of workout/restructuring experience including working with counterparties and creditors on negotiating/enforcing of loan and trading product.
BA or BS
CFA, MBA, or JD
Formal Bank Credit Training Program
Independent from the Business Lines, the Risk Management (RISQ) Division's mission is to contribute to the development of the SG Group's activity by facilitating the objectives of the Business Lines while maintaining independent oversight through risk evaluation and monitoring. The RISQ Division in the US supports all the activities in the Americas Region (US, Canada and Latin America), which is almost exclusively corporate and investment banking (GBIS) oriented.
The Asset Restructuring & Recovery Management Group is SG’s “workout group”, managing all defaulted and sensitive exposures. The team works in concert with SG’s client-facing teams to develop and execute optimum recovery strategies on all problem assets in the Americas. The team is responsible for developing valuation analysis and determining all regulatory classifications for impaired assets.
Employees should understand the institution’s approach to risk management and their respective roles in supporting a strong risk culture, as outlined in the SGUS Operations Enterprise Risk Management Framework. At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit, innovation. These four values are centered around our clients. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. And we work to increase our impact on clients.