At a Glance
- Tasks: Support complex fund-level financing transactions and conduct detailed financial analysis.
- Company: Join Société Générale, a leading financial services group with a rich history.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for career advancement.
- Why this job: Make an impact in the finance world while working with top-tier Private Credit and Equity funds.
- Qualifications: Strong analytical skills and experience in financial modelling.
The predicted salary is between 50000 - 70000 € per year.
Societe Generale is one of Europe's leading financial services groups and a major player in the economy for over 160 years, supporting 25 million clients every day with more than 126,000 staff in 65 countries.
Within the Investment Banking Division of Société Générale, Leverage Finance (“LF”) is responsible for the origination, structuring, and underwriting of debt finance for Private Equity backed LBOs and non‑investment grade corporates encompassing both leveraged loans and high yield bonds. The Leverage Finance Mid‑Market Lending (“LF MML”) Team works in a Joint Venture (“JV”) with SG’s Fund Financing Solutions (“FFS”) team on the origination, structuring, and underwriting of debt facilities for Private Credit and Private Equity funds secured against the assets of their portfolios.
Summary of Key Purposes of the Role:
The LF MML team is seeking to hire an Associate to support the origination, structuring, execution and portfolio management of complex fund‑level financing transactions secured against the assets of market leading Private Credit and Private Equity funds (including co‑mingled funds, separate managed accounts and continuation vehicles). The successful candidate will play a key role in further growing the well‑established franchise, working closely with internal credit, legal, structuring, and distribution teams.
Responsibilities:
- Transaction Due Diligence and Execution: Carry out detailed top‑down and bottom‑up analysis on underlying asset portfolios. Review fund documents including prospectus and due diligence questionnaires to understand investment strategies and the risks associated with them. Prepare internal transaction memos to obtain credit and business committee approvals.
- Financial Modelling: Develop financial models to assess the borrowing capacity of portfolios. Model repayment scenarios to assess refinancing risk. Model downside scenarios to assess the resilience of financial structures. Build detailed Borrowing Base files based upon underlying facility documentation to monitor the lending capacity of the portfolio and compliance with covenants.
- Asset Valuation: Where applicable, assess the correct valuation / credit marking of assets within the portfolio. Draft memos to support and obtain credit approval for the valuations requested.
Associate – Private Credit Fund Financing employer: Societe Generale Corporate and Investment Banking - SGCIB
Société Générale is an exceptional employer, offering a dynamic work environment within the Investment Banking Division that fosters collaboration and innovation. Employees benefit from comprehensive training and development opportunities, ensuring continuous professional growth while working on complex financing transactions in a supportive team culture. Located in a major financial hub, the company provides access to a diverse range of clients and projects, making it an ideal place for those seeking meaningful and rewarding careers in finance.
Contact Detail:
Societe Generale Corporate and Investment Banking - SGCIB Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Associate – Private Credit Fund Financing
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and the role inside out. We recommend practising common interview questions and even doing mock interviews with friends. The more prepared you are, the more confident you'll feel!
✨Tip Number 3
Showcase your skills through real-life examples. When discussing your experience, we suggest using the STAR method (Situation, Task, Action, Result) to clearly demonstrate how you've tackled challenges in the past.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage directly with us.
We think you need these skills to ace Associate – Private Credit Fund Financing
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Associate role in Private Credit Fund Financing. Highlight relevant experience and skills that align with the job description, especially in financial modelling and transaction execution.
Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of your past experiences that relate to the responsibilities mentioned in the job description, like due diligence and asset valuation.
Showcase Your Analytical Skills:Since this role involves detailed analysis and financial modelling, make sure to emphasise your analytical skills in both your CV and cover letter. We want to see how you've tackled complex problems in the past!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team at StudySmarter.
How to prepare for a job interview at Societe Generale Corporate and Investment Banking - SGCIB
✨Know Your Financial Models
Make sure you brush up on your financial modelling skills before the interview. Be prepared to discuss how you would assess borrowing capacity and model repayment scenarios. Practising with real-world examples can help you articulate your thought process clearly.
✨Understand the Private Credit Landscape
Familiarise yourself with the current trends in private credit and private equity. Knowing the key players, recent deals, and market dynamics will show that you're genuinely interested in the field and can contribute valuable insights during discussions.
✨Master the Art of Due Diligence
Be ready to talk about your approach to due diligence. Highlight any experience you have with reviewing fund documents or conducting detailed analyses. This will demonstrate your ability to handle the responsibilities of the role effectively.
✨Prepare Thoughtful Questions
Think of insightful questions to ask your interviewers about the LF MML team and their projects. This not only shows your enthusiasm but also helps you gauge if the company culture and team dynamics align with your career goals.
