Credit Analyst Intern

Societe Generale; Montreal (administrative region); On-site; CAD 20,000 - 33,000; Full time

Job summary

Societe Generale Corporate & Investment Bank, Credit Portfolio Management, is offering an internship in Montreal focused on assisting analysts to manage a portfolio of large non-banking financial institutions across the Americas. You will help prepare credit assessments and participate in portfolio reviews under supervision.

The role requires a Finance/Economics/Accounting degree, strong financial statement analysis, and proficiency with Office tools; knowledge of Spanish is a plus and English

Qualifications

• Graduate with a Bachelor or Master’s degree in Finance, Accounting or Economics.
• Knowledge of financial statement analysis.
• Strong working knowledge of Microsoft Office products (Excel, Word, Co-Pilot, etc.).
• Knowledge of Spanish is a plus.

Responsibilities

• Assist CPM analysts to manage a portfolio of clients.
• Prepare credit assessments and participate in portfolio reviews of exposures, limits and ratings.
• Monitor Net Asset Value performances and related clauses in legal documents.
• Perform peer reviews in the NBFI space.
• Model financial information to calculate Obligor Risk Ratings using SG tools.
• Liaise with CPM teams in the Americas and Europe, internal business lines, relationship managers, legal and compliance departments, back-office operations, and RISQ.
• Use AI tools to automate manual tasks.
• Ad hoc reporting and administrative tasks.

Skills

Financial statement analysis

Excel proficiency

English communication

Spanish knowledge

Education

Bachelor's or Master's in Finance/Economics/Accounting

Tools

Excel

Word

Co-Pilot

Job description

Global Banking and Advisory (GLBA) combines a recognized wholesale coverage with world-class product, financing and advisory expertise within one team, enabling us to best support our clients.

On the one hand: our transversal, product-neutral Coverage teams spanning all businesses, who's role is to promote the Bank's products and services to our clients globally.

On the other: our world-class capital raising, financing and advisory expertise organized under five business divisions:

• Investment Banking Division (IBD)
• Asset Finance (AFI)
• Natural Resources and Infrastructure (NAT)
• Asset Backed Products (ABP)
• Syndication (SYN)

Central to supporting our front office, GLBA is also comprised of transversal functions such as:

• Business Management Office (BMO)
• Sustainable & Positive Impact Finance Solutions team (ENV)
• Our in-house Incubator (INC) to drive innovation across GLBA
• Our Human Resources team (HUM)

The credit unit, GLBA/CPM, is responsible for centralizing all topics related to credit risk management under the GLBA perimeter, in particular:

• Assessing the counterparty risk related to the credit risk, to the replacement risk and to the delivery risk on behalf of all GBIS PCRU’s excluding PRIV (to the exception of PCRUs assumed by business line when it has the specific required expertise, eg. LBO, etc…) and for all GBIS clients (excluding clearing houses, brokers, hedge funds and project SPV)
• Contributing to regulatory reports (GRR, …)
• Monitoring CORISQ limits for GLBA portfolio
• Monitoring validation process of credit files, Group limits and rating of counterparties
• Developing and monitoring of some regulatory models to measure credit risk
• Assessing the impact of any financings to the overall loan portfolio in CPM

About the role:

The Credit Analyst Intern Position is within Société Générale Corporate & Investment Bank, Credit Portfolio Management (“CPM”). The Credit Analyst Intern will work under the supervision of a Director located in Montreal and will be responsible for assisting CPM analysts to manage a portfolio of clients, which mainly consist of large non-banking financial institutions within the America’s region (i.e., private equity funds, insurance groups, regulated funds, business development companies, private pension funds, asset managers and other financing type entities). The intern will be responsible for supporting the preparation of credit assessments and participating in on-going portfolio review of exposures, limits, and ratings under the supervision of the Senior Credit Analyst.

In addition, the Credit Analyst Intern will oversee the following responsibilities:

• Monitoring of Net Asset Value performances and clauses in existing legal documentations (i.e., additional termination events in an MRA or financial covenant/events of default in an ISDA/CSA).
• Performing peer reviews in the different NBFI space.
• Modelling of financial information within the SG tool to calculate and propose Obligor Risk Ratings.
• Liaising with other CPM teams in the Americas and Europe, internal business lines, relationship managers, legal and compliance departments, back-office operations, and RISQ.
• Using AI tools to automate manual tasks
• Ad hoc reporting and administrative tasks.

Requirements:

• You are a graduate with a Bachelor or Master’s degree with a focus in Finance, Accounting or Economics.
• You are knowledgeable in financial statement analysis.
• Strong working knowledge of Microsoft Office products (i.e., Excel, Word, Co-Pilot, etc.).
• Knowledge of Spanish is a plus.

LANGUAGE:

Ability to communicate in English, both orally and in writing, is a requirement as the person in this position will need to collaborate regularly with colleagues and partners in the United States.

Due to US Federal Securities law that may apply to this position, candidates who will apply for this position may be required to submit to an enhanced background screening, including the collection of their fingerprints by a third-party vendor selected by the Financial Industry Regulatory Authority ("FINRA").

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.

OUR 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 (https://americas.societegenerale.com/en/careers/get-know-culture/)

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 clients

For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-diversity/)