Director, Reserve based finance in London, United Kingdom

at SG CIB
Location London, United Kingdom
Date Posted May 17, 2018
Category Reservoir Engineer
Job Type Permanent

Description

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

Mission
Description of the Business Line or Department

The BL is dedicated to (i) advising on, structuring, negotiating, arranging, underwriting and distributing debt products and (ii) promoting the sale of products from other business lines of the bank to companies or projects that are subject to a risk on oil and gas reservoir performance and development.
Underlying assets financed are located in the CEEMA and CIS region. Some overseas travel, among other in emerging countries, will be required to meet with clients and perform due diligence.
RBF is a highly specialised activity that relies on an in-depth sector understanding and detailed petroleum engineering assessments. It is subject to a combination of risks (sub-investment grade counterparties, emerging markets, reservoir development and performance, commodity price, reputation and syndication risks) that are interacting with each other. Their management requires a combination of skills that can only be acquired with experience and an efficient teamwork.
The activity requires a particular care in managing conflicts of interest, receiving of material confidential and sometimes insider information, managing potential reputation risks and avoiding being subject or associated to money laundering or financial crime.
Each transaction is usually bespoke in order to address particular risks and business objectives. It also evolves in time along with the circumstances. This requires a particularly high level of (i) details in the due diligence and the monitoring (ii) pro-activity in identifying potential issue and (iii) transparency in raising them to management.
Most of the transactions are arranged to finance a project with several stakeholders and often incompressible milestones. This requires very flexible and sometimes long working hours often outside of the regular office hours in order to meet deadlines.
The activity is governed by a CORISQ for RBF and for the Global Oil & Gas Business.
Summary of the key purposes of the role

Senior role in structuring, negotiation, internal process, documentation and monitoringParticular project and development finance experience, documentation and negotiationSenior role in risk managementSenior role in financial advisory teamsNBI, side business and profitability targetsMarketing prospective and existing clients of the bank to capture new businessClient relationship managementPromoting cross selling of GBIS, RESO, IBFS and PRIV products
Summary of responsibilities

Procuring that transactions are structured, documented and executed in compliance with the bank’s risk appetite, guidelines and approvalsProcuring that RISQ and Management is made aware of main risks and specifics of each transaction before credit approval and kept informed in a timely and transparent manner throughout loan lifeOverseeing and controlling the quality of credit analysis and credit files prepared by more junior members of the teamManaging transaction from marketing to executionNBI, profitability, KYC and risk responsibility for clients and transactionsManaging and developing client relationshipsProcuring that internal process and guidelines are implementedMonitoring recovery of files under restructuring or in defaultPreparing white papers and business plans on new products and development for the teamContributing to team’s activity reporting and supporting Management for bespoke tasks and projects as may be required by the Head of Reserve Based Finance EMEAEducating, training, supporting and to some extent leading more junior member of the team in transactions deal teamsDisplaying impeccable example to junior members of the team in complying with Conduct principles and guidelinesPerforming required training on time and maintaining good and up to date knowledge of GLFI Handbook and Conduct obligationsDeveloping SG and RBF brand across the marketDeveloping RBF brand in SGDeveloping personal brand in SGNo direct report
Level of autonomy and authority

Relatively high autonomy for origination, client relationship management and execution, however under guidance and distant supervision from Managing Directors and by the Head of Reserve Based Finance EMEA and in compliance with the banks’ values, guidelines and business principle.Reports to Head of Reserve Based Finance EMEA.
Profile
Competencies

Regulatory skillsCredit risk assessment and management skillsWritten and oral communication skillsLeadershipClient focusNegotiating skillsMastering complex internal processInitiativeAbility to make decisionFlexibility / AdaptabilityAnalytical thinkingWorking in teamAbility to work under pressureCuriosity and willingness and ability to learn quickly
Work Experience

At least 10 years work experience, most of which in structured debt financeParticular project and development finance experience, documentation and negotiationExperience in RBF usefulExposure / good understanding of oil & gas sectorStructuring / work-out experienceNegotiating experienceClient relationship management experience
Education

Master degree in economic, business administration, law or engineering
Langauges

Fluent EnglishFrench advantageOther languanges can be useful (Arabic, Chinese, Russian…)
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.

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