Supervisory responsibility for the Natural Resources, Utilities and Infrastructure (EUI) team, including recruitment, training and day to day management of 3 team members.
Ensure that credit risks originated and managed by the EUI team are properly assessed, measured and managed at origination and as part of an on-going monitoring framework.
Contribute to the definition of the Bank's credit policy guidelines and overall risk appetite.
Identifying and understand emerging risks in partnership with the business to ensure that these risks are well understood and adequately mitigated.
Review and approve within granted authority credit requests/amendments that are originated/analyzed by front office (1LOD). Ensure that credit risks are properly identified, measured, managed, and mitigated, and that 1LOD assumptions/projections are appropriately challenged.
Remain aware of the regulatory environment, its developments and application with ongoing contribution to related regional governance including policies and procedures. Ensure that the team understands and complies with applicable policies and procedures.
Participate in various projects to enhance governance and comply with evolving regulatory requirements.
Participation in New Product Committees to understand new business initiatives to ensure all relevant credit risks have been identified and that the related necessary governance is in place.
Foster a strong partnership with the business.
The Risk Management Department contributes to the sustainable growth of the Societe Generale group through its expertise, understanding of risks, and risk management techniques. The department's mission is to independently analyze, assess, manage and monitor risk-taking activities with the objective of achieving, together with the first line-of-defense, the best possible outcome for the bank. The department oversees the enterprise, strategic, credit, market, liquidity, operational, model, and other risks of the corporate and investment banking business activities.
RISQ/CIB oversees the management of credit related to corporates, financial institutions and sovereign counterparties as well as country risk for the SG Group's activities.
RISQ/CIB's duties include setting specific credit policies for each of the main businesses in conjunction with General Management, the businesses lines and other RISQ divisions where appropriate. These credit policies establish (i) the general criteria for the acceptability of credit requests for each client category and/or type of facility, and (ii) exposure limits.
The team head is responsible for overseeing all credit risks originated and managed in the Natural Resources and Infrastructure scope for the SG Americas perimeter, managing a team that reviews and monitors the credit risk on a broad range of counterparties and products. The portfolio is comprised of US and Latin American corporate clients and subsidiaries of non-US groups in Natural Resources, Project Finance and Infrastructure financing industries including the key strategic/high growth Renewables Power related activities, including both vanilla and highly structured products across both trading and lending activities. The role is actively involved in setting the risk appetite for the institution, defining and adhering to appropriate standards for the approval and management of credit risk.
SKILLS AND QUALIFICATIONS:
15+ years' experience within the Natural Resources and infrastructure sectors deep and demonstrated experience in Energy (renewables, oil, gas, electric, LNG) with excellent knowledge of Project Finance.
8+ years of managerial experience of 3+ people
2LOD experience with a track record of exercising delegated approval authority strongly preferred.
Broad knowledge of risks impacting the Energy (with a focus on renewables) and infrastructure sectors with a specific expertise in credit risk management.
Must have good knowledge of the US Market and regulatory practices.
Must have strong analytical and solid judgment skills with a proven ability to understand complex transactions / processes.
Demonstrated problem solving ability and capacity to work autonomously.
Must have a strong ability to manage multiple projects and issues simultaneously.
Strong collaboration skills required both across the risk division / regions and with other partners such as business lines, legal and compliance teams.
Results focused, responsive, with strong strategic capabilities in terms of decision making and risk assessment.
Good writing skills, working knowledge of French is a plus.
Ability to work under pressure, prioritize and to meet tight deadlines.
Promoter of innovation and creativity.
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 (https://americas.societegenerale.com/en/careers/get-know-culture/)
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 clients
For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)
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.
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.
Entity: SG AMERICAS OPERATIONAL SECURITIES
Starting date: 2024/04/08
Publication date: 2024/01/26
Salary or Compensation Range: $221,000 - $550,000