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Societe Generale

Credit Officer

Societe Generale, New York, New York, us, 10261

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Overview

Base pay range: $135,000.00/yr - $240,000.00/yr. Telecommuting permitted 2 days per week. When not telecommuting, must report to New York office. Salary: $135,000-$240,000 per year. Responsibilities

Credit Officer (SG Americas Operational Services, LLC, New York, NY): perform hedge fund and fund of hedge funds due diligence including review of relevant documentation, analyzing investment and operational risks, performing background checks, arranging and attending onsite due diligence meetings, and drafting well-written, cogent due diligence documents. Provide analysis and assist in opining on transactions and associated risks and limits. Maintain a deep understanding of counterparty risk metrics and exposures; actively monitor across a broad range of metrics and indicators and manage counterparty exposures per evolving market conditions, risk profile, and defined risk appetite. Follow up on limit, threshold, and policy breaches and maintain up-to-date risk information and ongoing monitoring of hedge fund performance and creditworthiness. Enforce procedures to mitigate losses in the event of hedge fund defaults, including assisting in negotiating credit terms of legal documents (e.g., ISDA ATEs), negotiating and opining on Independent Amounts or margin requirements. Challenge front office requests, approve specific credit files and limits per policy, and approve associated credit ratings; approve specific one-off transactions as required and facilitate escalation as needed. Handle validation requests on credit limits and internal ratings, and approve certain types of trades within delegated credit approval authority (where applicable). Develop, test, and deliver solutions relating to assigned projects and goals as applicable. Required qualifications

MINIMUM REQUIREMENTS: Bachelor’s degree or U.S. equivalent in Finance, Financial Engineering, or related field, plus 2 years of professional experience as a Finance Analyst, Risk Analyst, or roles involving product control and market risk analysis. Specifically: 2 years of experience performing product control and market risk analysis and validation (including profit and loss metrics) in support of a fixed income or derivatives trading desk; 2 years of experience performing product control and market risk analysis across asset classes (Rates, Equity, Clearing); 2 years of experience analyzing hedge fund and proprietary trading industry structures, strategies, and risks (including counterparty credit risk); and 2 years of experience analyzing trading firm structures and trading strategies. Additional information

Hybrid work environment: arrangements vary by business area; applicable lines will communicate these details. Compensation: base salary range does not include overtime, bonus, or other benefits; eligible for annual discretionary bonus; benefits include 401(k) with company match, medical/dental/vision, and other benefits. Diversity and Inclusion: Societe Generale is an equal opportunity employer with a commitment to diversity and inclusion.

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