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Structured Finance Senior Manager
United State Of America
Oct 02, 2017
Salary: Negotiable
Experience 15.0-20.0 years
Job Category Management Jobs
Employment Type permanent
Industry Oil & Gas
Skill Strong negotiation and influencing skills.
Role Financial Manager Jobs
Designation Manager
Education B.Com
No. of vacancies 1
About Company

Shell is a global group of energy and petrochemicals companies. With around 93,000 employees in more than 90 countries and territories, Shell helps to meet the world's growing demand for energy in economically, environmentally and socially responsible ways.

Job Description

  • The role of a Senior Manager in Structured Finance is primarily to ensure that value is created or protected for Shell in all financial structures in which third party debt is used, either directly though lending to a Joint Venture in which Shell is an equity participant (typically Project Finance) or indirectly through lending to counterparties where Shell credit is utilized to secured debt.
  • Typically this involves leases with long tenors or long term trade agreements such as tolling or take or pay (offtake) or supply or pay (feedstock) agreements. 
  • The Structured Finance team looks across all the Businesses and across the globe, utilising a small dedicated team four people currently based in The Hague and Singapore and drawing on an ad hoc but frequent basis on the wider FT/M M&A and Commercial Finance team based in 10 locations around the world.
  • Currently team members in Houston, London, Lagos, Dubai, Moscow and Singapore are working on deals that are exclusively structured finance or have a material structured finance component.
  • The Senior Manager may be the Finance Lead in the deal, or support the Finance Lead by taking accountability for Financing activities.
  • In other cases the Senior Manager may sit in the deal DRB.
  • The Senior Manager will need to take responsibility for both classic structured finance opportunities and project finance as needs require.
  • As structured finance plays an increasing role in trading activities, the resulting transactions will be a growing part of the Senior Manager's work load.
  • Transactions range in size from hundreds to billions of US dollars but are all characterized by being highly complex, time consuming and tightly structured.
  • Primarily, a Senior Manager in Structured Finance has to work though influencing both within Shell, in Finance and the Businesses and externally.
  • Negotiations involve partners, counterparties, financial, legal and other advisers (for each party) and lenders.
  • Building alignment is important as is meticulous attention to detail whilst understanding that in most cases the structured finance is an enabler for Shell to do its business rather than an end in itself.
  • The team as a whole typically works between 10 and 15 deals simultaneously, albeit some having a very low likelihood of reaching completion.
  • In addition, there is a constant flow of requests for advice and guidance in circumstances that dont amount to a deal, as well as interaction with other members of FT/M on M&A transactions that have structured aspects.
  • Because of the global reach of the role, travel can, at times, be moderate.
  • Much depends on the experience and capability of members of the team; inevitably, as members move in and out, this varies over time.
  • Job Requirements:
  • The role requires a combination of skills:
  • A bachelor's degree in Accounting or Finance or another related area.
  • 15 years or more of related finance experience.
  • Apart from strong numeracy skills and ability to evaluate financial models, a basic understanding of accounting, to identify where accounting expertise is required is necessary.
  • Past members of the team have been able to demonstrate that the necessary capabilities have been develop in roles outside finance.
  • Banking/Treasury experience including negotiating financing terms and agreements with lenders.
  • Experience with working with/or in a bank on structured finance (including leasing)  and project financing transactions
  • Strong negotiation and influencing skills.
  • Ability to learn and understand Shell Group Treasury policies
  • Experience working with/on legal documents and with lawyers would be helpful
  • An understanding of the Group and Business strategies and where specific opportunities fit into the execution of those strategies will allow the incumbent to challenge and support appropriately and, in a time of high demand of limited resources, help to prioritize effectively.
  • The ability to work effectively as part of a team, facilitating others and stepping up to lead where required is key
  • Being comfortable and capable of representing Shell externally in circumstances where every engagement is a negotiation is at the heart of what the role is about.
  • Being a seasoned Structured and Project Financier would clearly allow the new incumbent to get up to speed quickly, but is not considered a prerequisite to applying for the role.
  • The successful candidate will be able to call on experience internally for support, especially in the early days, and external sources, including banks and law firms are very happy to act as sounding boards on an informal basis.

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