The GLFI/NAT Reserve Base Finance team is dedicated to advising, structuring, negotiating, arranging, underwriting and distributing debt products in the upstream oil and gas sector.
Given the complexity of risk profiles and the funding requirements of our clients, a good understanding of other products is also key including hedging (risk mitigant) and capital markets (alternative funding sources). Underlying assets financed are global with the exception of North America (covered out of Houston), and Asia (covered out of Singapore). Oil and gas is a strategic activity in many countries in the world and a sound understanding of local business environments is key.
The team comprises of fifteen professionals including nine front officers, three petroleum engineers, two interns and one assistant. It is a young, dynamic and international team (seven nationalities). It is an English-speaking environment; however, an additional language would be useful. The client base and projects are international (in line with the oil and gas industry).
Summary of the key purposes of the role
To support senior team members in credit analysis with particular focus on financial modelling and credit
To support the deal team in internal processes such as profitability calculations, KYC (Checks and onboarding), ratings, Environmental (Request and Checks), etc.
To support the team with Portfolio Management tasks as NBI, RWA monitor, LGD Back testing, Stress tests
To support the team in weekly tasks as team meeting minutes and weekly pipeline reported to RISQ
To carry out research and analysis on existing and prospective clients.
Summary of responsibilities
Modelling the petroleum economics of upstream oil and gas assets.
Modelling debt and sensitivities from term sheets, loan documents and information memorandums.
Assist senior team members in preparing credit files addressing the key lending decision criteria for proposed loans.
Research and prepare material for marketing and presentations.
Assist in running internal process (KYC, profitability calculations, etc.) to manage risk and profitability
Support management for internal monitoring and reporting
Identify potential client and deal opportunities.
The job holder will be expected to work under close supervision of senior team members (VP and above)
Delegation of key responsibilities is not expected
Level of Autonomy and Authority
N/A, autonomy expected to grow with experience.
All our positions are open to people with disabilities
Technical knowledge of the industry: helpful but not essential
Finance knowledge: helpful but not essential
Advanced Excel skills for financial modelling essential
Microsoft office e.g. PowerPoint, Word
Excellent written and spoken English
Excellent communication skills
Ability to work under pressure
Basic understanding of project finance/reserve based finance
Basic understanding of corporate finance
Basic understanding of oil and gas macroeconomics (oil price evolution, oil and gas field development worldwide, country risk - emerging markets)
Analytical skills and initiative essential in fast-paced environment
Internship in the oil and gas industry, or;
Internship in project finance/RBF/structured finance at another financial institution
Graduate from a leading Engineering or Business School.
Post Graduate from a leading Engineering or Business School preferred, not required.
If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment.
Environment People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like "hard work" and "dedication" together with "community" and "respect" has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.
Job code: 19000NKD Business unit: SG CIB Starting date: 23/09/2019 Date of publication: 14/08/2019
Internal Number: 6322168
About SOCIETE GENERALE
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