Financial Institution - Financial Sponsors, Structured Credit Senior Credit Officer

SGS Société Générale de Surveillance SA; New York (NY); On-site; USD 150,000 - 250,000; Full time

Job summary

A leading company in financial services is seeking a senior credit risk professional to join their Risk Management Department. This role involves assessing and approving credit lines for a diverse array of financial institutions, along with monitoring credit quality and contributing to risk policies. The ideal candidate will have over ten years of experience in risk management, particularly in dealing with private equity and structured lending, showcasing strong analytical skills and decision-making capabilities.

Qualifications

• 10+ years of risk management experience in financial services.
• Expertise in credit risk concerning Financial Sponsors and Private Equity.
• Strong analytical skills with the capacity to manage multiple projects.

Responsibilities

• Credit assessment of counterparties and underlying assets.
• Ongoing monitoring of credit quality and participation in risk governance.
• Assess new business initiatives and contribute to credit policy.

Skills

Risk management

Analytical skills

Collaboration

Problem-solving

Strategic decision-making

Innovation

Job description

Responsibilities

• Credit assessment of the counterparty and underlying asset(s) being traded/financed.
• Provide detailed explanation of the counterparty considered, including analysis of historical performance of existing activities, highlighting key risk factors.
• Provide approval or recommendation for approval based on the proposed limit(s) and tenor(s), and document the recommendation for final decision.
• Validation of Obligor Risk Ratings, Basel III parameters (LGDs), and other financial metrics.
• Ongoing monitoring of the credit quality of the portfolio, including portfolio review and early detection of deteriorating credits. Participate in quarterly watch list reviews.
• Track credit and market trends across individual asset classes.
• Assist the Portfolio Management and Governance team in preparing reports for RISQ management and regulators.
• Contribute to the bank’s credit policy guidelines and overall risk appetite.
• Participate in setting the global risk appetite for financing initiatives.
• Assess new business initiatives, including white papers, New Product Committees, and business rules.

Profile required

Division Description: The Risk Management Department contributes to the sustainable growth of Societe Generale through expertise in risk analysis and management techniques. Its mission is to independently analyze, assess, manage, and monitor risk activities to achieve optimal outcomes for the bank. The department oversees enterprise, strategic, credit, market, liquidity, operational, model, and other risks within corporate and investment banking.

Within the Risk Management Department, the Credit Risk Department manages credit related to corporates, financial institutions, sovereign counterparties, and country risk. It sets specific credit policies in conjunction with senior management and business lines, establishing criteria for credit acceptability and exposure limits.

The department seeks a senior credit risk professional experienced in approving and managing credit lines for lending and derivative exposures across a broad range of financial institutions and entities, including:

• Bank and non-bank financial institutions and insurance companies
• Private equity vehicles, including subscription finance and fund financing
• Specialty finance companies, BDCs, and REITs
• Portfolio financing vehicles across asset classes such as private credit, auto, and consumer finance
• Derivative and hedging exposures related to these entities

Skills and Qualifications:

Must Have:

1. 10+ years of risk management experience in financial services, focusing on Financial Sponsors and structured/warehouse lending.
2. Broad knowledge of risks impacting Financial Sponsors and Private Equity, with expertise in credit risk.
3. Good knowledge of the US market and regulatory practices.
4. Strong analytical skills and sound judgment with the ability to understand complex transactions.
5. Problem-solving ability and capacity to work independently.
6. Ability to manage multiple projects and issues simultaneously.
7. Strong collaboration skills across risk, legal, compliance, and business teams.
8. Results-oriented, responsive, with strategic decision-making and risk assessment capabilities.
9. Proficiency in English writing; French language skills are a plus.
10. Ability to work under pressure and meet deadlines, with effective prioritization.
11. Promote innovation and creativity.