About the role
##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 Loan Servicing Group oversees the booking and administration of the loans for Société Générale New York branch. The department comprises two 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?
- Agency Role- Borrower and Lending group facing servicing activity.
- Review, verify, and authorize daily loan transactions.
- Perform analysis and reconciliation of fee and interest accruals.
- Handle booking 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.
- Reconciliation of Open Cash, Suspense and Past due processing.
##Profile required
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.
PROFILE REQUIRED
SKILLS AND QUALIFICATIONS:
Must Have:
- Minimum 3 to 5 years prior experience in Commercial Lending using the LoanIQ application.
- Agency servicing experience.
- Demonstrated exposure in supporting variety of portfolios (both as Agent and Participation).
- Knowledge of Financial Products (Especially Loans, Guarantee and Stand by Letter of Credit etc.).
- 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/organizational skills.
Nice to Have:
- International banking experience.
Education: Bachelor’s degree in finance, Accounting, or related discipline.
Languages: English, French
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.
##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/)
Diversity and Inclusion
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.
We strive to write our postings as inclusively as possible. If, however, one gender is used alone in this display, it designates persons of all gender identities.
Not the right fit? Search for Structured Finance Back Office jobs in Montréal, QC
About Societe Generale
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions.
Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:
-
French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;
-
International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets;
-
Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.
Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).
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About the role
##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 Loan Servicing Group oversees the booking and administration of the loans for Société Générale New York branch. The department comprises two 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?
- Agency Role- Borrower and Lending group facing servicing activity.
- Review, verify, and authorize daily loan transactions.
- Perform analysis and reconciliation of fee and interest accruals.
- Handle booking 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.
- Reconciliation of Open Cash, Suspense and Past due processing.
##Profile required
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.
PROFILE REQUIRED
SKILLS AND QUALIFICATIONS:
Must Have:
- Minimum 3 to 5 years prior experience in Commercial Lending using the LoanIQ application.
- Agency servicing experience.
- Demonstrated exposure in supporting variety of portfolios (both as Agent and Participation).
- Knowledge of Financial Products (Especially Loans, Guarantee and Stand by Letter of Credit etc.).
- 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/organizational skills.
Nice to Have:
- International banking experience.
Education: Bachelor’s degree in finance, Accounting, or related discipline.
Languages: English, French
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.
##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/)
Diversity and Inclusion
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.
We strive to write our postings as inclusively as possible. If, however, one gender is used alone in this display, it designates persons of all gender identities.
Not the right fit? Search for Structured Finance Back Office jobs in Montréal, QC
About Societe Generale
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale and its teams seek to build, day after day, together with its clients, a better and sustainable future through responsible and innovative financial solutions.
Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses:
-
French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation;
-
International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets;
-
Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions.
Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).