ResponsibilitiesDIVISION DESCRIPTION: As part of the Conduit Origination team for private ABS transactions, the Associate will contribute to the origination, structuring and execution of asset-backed transactions with SG clients that are financed using the asset-backed commercial paper managed by SG. The mission of the securitization lending business is to be a strategic financing solution for SG clients which builds upon client relationships profitably and allows for the cross-sell of other SG products, primarily ABS underwriting roles and Interest Rate Derivatives. The team handles a broad spectrum of asset classes including: credit cards, consumer loans, solar loans, home improvement loans, C-PACE loans, insurance premium finance loans, equipment loans, among others. Working on diverse asset types with an experienced and successful team makes the position a great learning opportunity.
- Preparing credit applications and other internal process documentation
- Assist other team members in developing marketing materials
- Performing quantitative/data and qualitative due diligence
- Performing analysis and stress tests for transactions
- Undertaking industry, client or asset specific research and assisting in special projects.
- Complying with internal and regulatory processes (KYC, audits,...)
- Regular monitoring of existing transactions
- Initially, the candidate will focus on internal process work. As skills develop within the group, the candidate will be working on legal documentation and develop client contact and negotiation skills.
- This role is for the private lending side of the ABS business, but the candidate will have exposure to the entire ABS chain.
Profile required
- 2-3+ years' experience in a bank or a rating agency including in the securitization space
- BA or BS degree required; concentration in Economics, Finance, Business, Math, or Computer Science is preferred but not required
- Proficiency in Microsoft Office applications, with high technical proficiency in Microsoft Excel and PowerPoint
- Excellent verbal, written and interpersonal communication skills
- Strong analytical skills with a high attention to detail
- Ability to work independently and multi-task in a fast-paced environment
- Ability to collaborate with team members and work across the firm to ensure product is delivered to client
- Capacity to understand complex financial structures and familiarity with credit and related legal documentation
- Solid knowledge of financial markets, securitization and structured products would be helpful
- Organization and rigor
- Curiosity, positive attitude and team spirit.
Why join usBusiness insightOUR 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 (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 clientsFor more information about our D&I initiatives, please visit this link (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 & SALARY RANGE: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.