Societe Generale
Overview
Join to apply for the
Hedge Fund Credit Analyst
role at
Societe Generale . This range is provided by Societe Generale. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$122,000.00/yr - $240,000.00/yr Responsibilities
Department Summary: The Hedge Funds Risk Department provides counterparty risk management for hedge funds, Fund of hedge funds, proprietary trading groups, Regulated Funds, Mandates and Central Counterparty Clearing Houses (CCPs). As a second line of defense (LOD2), the department offers independent risk control services for SG when exposed to these counterparty client types. It performs full risk assessment including client due diligence, limit setting, counterparty rating as well as monitoring of counterparty risk exposures across business lines within the SG Group that transact with hedge funds or take HF shares as collateral (fund of hedge funds financing business). Our team is seeking to add an experienced Hedge Fund Credit Analyst who will cover a portfolio of hedge funds and Fund of hedge funds clients across all Global Markets products and activities (OTC and listed derivatives, Equity and Fixed Income prime brokerage, Fund of hedge funds financing and other structured products). Core job requirements
Conducting Hedge Fund, Fund of Hedge Funds and Proprietary trading firms due diligences, including completing due diligence reports and client ratings Preparing annual reviews, setting limits, managing exposures, opining on transactions, negotiation of legal terms, and active monitoring of risk Negotiating credit terms of Legal agreements (ISDA, GMRA, Equity PB and other Clearing agreements etc.) Managing client credit lines and transaction parameters Monitoring of portfolio and addressing daily overshoots across all applicable metrics Building proficiency with all systems used by the Group Development, testing and delivering solutions relating to assigned projects and goals as applicable Assessment - Performing hedge fund and fund of hedge funds due diligence including the review of relevant documentation, analyzing investment and operational risks, performing background checks, arranging and attending on-site due diligence meetings and drafting well-written, cogent due diligence documents. Provide analysis and assist in opining on transactions and associated risks and limits Monitoring – Maintain a deep understanding of counterparty risk metrics and exposures. Active continuous monitoring across a broad range of metrics and indicators and management of counterparty exposures in accordance with developing market conditions, counterparty risk profile and defined risk appetite. Following up on limit, threshold and policy breaches. Maintaining up to date risk information and the ongoing monitoring of hedge fund performance Mitigation - Enforcing procedures designed to mitigate against losses in the event that a hedge fund defaults, including assisting in negotiating credit terms of legal documents and margins Required
Technical Skills
Analytical/statistics skills; understanding of means, standard deviations, correlation, normal distributions, sampling error, and basic performance statistics for the fund industry Writing and presentation ability Competencies
Knowledge of hedge fund industry and hedge funds structures and strategies, and the risks associated with the products in scope Knowledge of OTC and listed derivative products and drivers of associated risks Knowledge of Equity PB activity, metrics and applicable frameworks Knowledge of Fund of Hedge funds financing transaction and activities Ability to meet deadlines and work independently as well as contribute to team goals Comfortability with meeting/interacting with clients and stakeholders regularly Knowledge of regulated funds and mandates a plus Experience Needed
Experience in hedge fund counterparty credit risk or hedge fund investment risk. Preferably experience in fund of hedge funds analysis and risks associated with funds of hedge funds financing business (3 years +) Experience reading and understanding detailed covenants and clauses in legal documentation such as ISDAs, Clearing Agreements, GMRAs, financing agreements, term sheets, prospectuses etc. Education
Bachelor’s in Finance. Masters a plus Business insight
Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know. Diversity, Inclusion & Belonging
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law. Hybrid work environment
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, to promote interaction and collaboration while adhering to SG standard protocols. Hybrid work arrangements vary based on business area.
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Join to apply for the
Hedge Fund Credit Analyst
role at
Societe Generale . This range is provided by Societe Generale. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Base pay range
$122,000.00/yr - $240,000.00/yr Responsibilities
Department Summary: The Hedge Funds Risk Department provides counterparty risk management for hedge funds, Fund of hedge funds, proprietary trading groups, Regulated Funds, Mandates and Central Counterparty Clearing Houses (CCPs). As a second line of defense (LOD2), the department offers independent risk control services for SG when exposed to these counterparty client types. It performs full risk assessment including client due diligence, limit setting, counterparty rating as well as monitoring of counterparty risk exposures across business lines within the SG Group that transact with hedge funds or take HF shares as collateral (fund of hedge funds financing business). Our team is seeking to add an experienced Hedge Fund Credit Analyst who will cover a portfolio of hedge funds and Fund of hedge funds clients across all Global Markets products and activities (OTC and listed derivatives, Equity and Fixed Income prime brokerage, Fund of hedge funds financing and other structured products). Core job requirements
Conducting Hedge Fund, Fund of Hedge Funds and Proprietary trading firms due diligences, including completing due diligence reports and client ratings Preparing annual reviews, setting limits, managing exposures, opining on transactions, negotiation of legal terms, and active monitoring of risk Negotiating credit terms of Legal agreements (ISDA, GMRA, Equity PB and other Clearing agreements etc.) Managing client credit lines and transaction parameters Monitoring of portfolio and addressing daily overshoots across all applicable metrics Building proficiency with all systems used by the Group Development, testing and delivering solutions relating to assigned projects and goals as applicable Assessment - Performing hedge fund and fund of hedge funds due diligence including the review of relevant documentation, analyzing investment and operational risks, performing background checks, arranging and attending on-site due diligence meetings and drafting well-written, cogent due diligence documents. Provide analysis and assist in opining on transactions and associated risks and limits Monitoring – Maintain a deep understanding of counterparty risk metrics and exposures. Active continuous monitoring across a broad range of metrics and indicators and management of counterparty exposures in accordance with developing market conditions, counterparty risk profile and defined risk appetite. Following up on limit, threshold and policy breaches. Maintaining up to date risk information and the ongoing monitoring of hedge fund performance Mitigation - Enforcing procedures designed to mitigate against losses in the event that a hedge fund defaults, including assisting in negotiating credit terms of legal documents and margins Required
Technical Skills
Analytical/statistics skills; understanding of means, standard deviations, correlation, normal distributions, sampling error, and basic performance statistics for the fund industry Writing and presentation ability Competencies
Knowledge of hedge fund industry and hedge funds structures and strategies, and the risks associated with the products in scope Knowledge of OTC and listed derivative products and drivers of associated risks Knowledge of Equity PB activity, metrics and applicable frameworks Knowledge of Fund of Hedge funds financing transaction and activities Ability to meet deadlines and work independently as well as contribute to team goals Comfortability with meeting/interacting with clients and stakeholders regularly Knowledge of regulated funds and mandates a plus Experience Needed
Experience in hedge fund counterparty credit risk or hedge fund investment risk. Preferably experience in fund of hedge funds analysis and risks associated with funds of hedge funds financing business (3 years +) Experience reading and understanding detailed covenants and clauses in legal documentation such as ISDAs, Clearing Agreements, GMRAs, financing agreements, term sheets, prospectuses etc. Education
Bachelor’s in Finance. Masters a plus Business insight
Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know. Diversity, Inclusion & Belonging
Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law. Hybrid work environment
Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, to promote interaction and collaboration while adhering to SG standard protocols. Hybrid work arrangements vary based on business area.
#J-18808-Ljbffr