Structure Finance Back Office Servicing Team Leader

Structure Finance Back Office Servicing Team Leader

Banking operations processing Permanent contract Montreal, Canada Reference 24000LPI Start date 2024 / 11 / 18 Publication date 2024 / 09 / 18

Responsibilities

ABOUT THE JOB :

Global Banking Technology & Operations (GBTO) delivers day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients.

With IT & Operations teams working side by side under the same leadership, the goal of GBTO is to meet the evolving needs of its clients and market requirements, as well as anticipate technological advances to accelerate and support the transformation of GBIS activities.

GBTO is at the very heart of this technological and operational challenge.

The Société Générale Corporate Investment Bank is the third largest corporate and investment bank in the Euro zone with presence in 45 countries across Europe.

It is an Investment Bank with three primary areas of focus (Euro capital markets, Derivative products, and Structured Finance).

SG aims to be a leading European corporate and investment bank, offering excellence of service to its client, strong profitability to the Group and its shareholders and to be an employer of choice for its employees.

The Loan Servicing Group oversees the booking and the administration of the loans for Société Générale New York branch. The department comprises with 2 main groups the Closers responsible for setting up the deal in the bank’s system (LIQ) and the servicers who manage the loan administration : notices, funding, interests & fees.

What will be your day-to-day?

As a transversal expert for the Servicing team, you will focus on supporting the Structured Finance department, ensuring operational performance and efficiency across the perimeter.

Your key responsibilities include :

• Assisting production teams as needed and providing technical support to build expertise within the STR Servicing teams
• Reviewing, verifying, and authorizing daily loan transactions, including Money Market, Commercial Paper, Non-performing, and Direct / Agented facilities
• Overseeing the review and approval of loan forms for new borrowings, increases, rollovers, pay-downs, and commitment reductions, as well as daily approvals of loan proceeds
• Ensuring proper reconciliation of interest, commitment fees, and investigating any discrepancies
• Contributing to the improvement of AMER processes and aligning STR processes globally, with a focus on data quality, payments, event management, and key performance indicators (KPIs)
• Supporting the STR manager in monitoring STR Servicing processes and data quality through various system-generated reports
• Serving as a Subject Matter Expert and preferred point of contact for related projects
• Ensuring comprehensive process documentation and team training to maintain high standards

Profile required

Skills and qualifications :

Must Have :

• Proficiency in Loan IQ (LIQ Loan System) and experience servicing syndicated deals as an agent
• Strong understanding of loan products and cash payment principles in USD and foreign currencies
• Advanced Excel skills
• A minimum of 5 years of experience in commercial lending using Loan IQ, with exposure to diverse portfolios (agency / syndicated loans)
• Knowledge of financial products, especially loans, guarantees, and standby letters of credit

Competencies :

• Strong analytical and reconciliation skills with attention to detail and accuracy
• Excellent written and verbal communication skills
• Self-confidence, the ability to work independently, and strong organizational and time management skills
• A team player who collaborates effectively

Languages : French, English

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

Due to US Federal Securities law applying to this position, candidates who will apply for this position will 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 ).

Why join us

OUR BENEFITS :

WHAT WE DO DIFFERENTLY AT SOCIÉTÉ GÉNÉRALE

Competitive compensation & benefits offering, including but not limited to :

Minimum of 20 Vacation days + 4 personal days Supportive Maternity, paternity, parental and adoption leave policy Health spending ($2,000 / year) and personal spending ($1,000 / year) accounts with 75+ eligible reimbursement categories (health, training, electronics etc.)

Fully sponsored virtual healthcare assistance and Employee Assistance Program to you and your immediate family

Various Employee Resource Groups (ERG) to engage with such as Pride and Allies, American Women Network, Black Leadership Network, One planet, etc.

• A culture of continuous development by encouraging our employees various training programs (online training and coaching platform such as Coursera, GoFluent, Pluralsight, First Finance, and others)
Il y a 14 jours