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SGS Société Générale de Surveillance SA
Structured Finance Back Office- Associate - Banking operations processing - Montreal, Quebec, CanadaSGS Société Générale de Surveillance SA • Montreal (administrative region), Quebec, CA
Structured Finance Back Office- Associate - Banking operations processing - Montreal, Quebec, Canada

Structured Finance Back Office- Associate - Banking operations processing - Montreal, Quebec, Canada

SGS Société Générale de Surveillance SA • Montreal (administrative region), Quebec, CA
15 days ago
Job type
  • Full-time
Job description

Overview

Global Banking Technology & Operations (GBTO) delivers day-to-day services to Global Banking & Investor Solutions (GBIS) Business Units and their clients. The goal is to meet the evolving needs of clients and market requirements, and 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 Loan Servicing Group oversees the booking and administration of the loans for Société Générale New York branch. It is organized into two groups: Closers and Servicers.

Responsibilities

  • Review, verify, and authorize daily loan transactions.
  • Perform analysis and reconciliation of fee and interest accruals.
  • Handle booking of loans including Commercial Paper, Non‑performing and Direct/Agented facilities.
  • Prepare notices of activities to fax to all participants/customers for loan confirmation.
  • Prepare/review loan forms related to booking of new borrowings, increases, rollovers, pay‑downs, commitment reductions, etc., prior to obtaining loan officer approval signatures.
  • Take responsibility for the daily transfer of loan proceeds.
  • Prepare interest and fee billings on all direct/agented loans, bill the customers, and send pro‑rata shares to the participants.
  • Handle booking of risk participation sold.
  • Process interest, commitment fees and investigate discrepancies when necessary.
  • Handle preparation/posting of GL entries as required.
  • Review various system‑generated reports to ensure proper monitoring of the facilities.
  • Reconcile Open Cash, Suspense and past‑due processing.

Required Skills & Qualifications

  • Minimum 3 to 5 years of prior experience in Commercial Lending using the LoanIQ application.
  • Agency servicing experience, supporting a variety of portfolios (both as Agent and Participation).
  • Knowledge of financial products, especially loans, guarantees, and standby letters of credit.
  • Knowledge of loan products, principles of cash payments in USD and foreign currencies.
  • Strong working knowledge of Excel.
  • Strong analytical and reconciliation skills.
  • Attention to detail and accuracy.
  • Strong written and verbal communication skills.
  • Ability to work independently.
  • Strong time‑management and organizational skills.

Nice to Have

  • International banking experience.

Education

Bachelor’s degree in finance, accounting, or a related discipline.

Languages

  • English (required)
  • French (optional)

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.

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Structured Finance Back Office- Associate - Banking operations processing - Montreal, Quebec, Canada • Montreal (administrative region), Quebec, CA

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