Trainee - Corporate Coverage

Reference 2600029N

Responsibilities

Description of the Business Line or Department

Within Societe Generale Corporate & Investment Banking (SGCIB), you will join the Global Banking & Advisory (GLBA) Coverage division which oversees marketing globally the whole span of the bank’s products to its major clients.

Working closely with Relationship Managers and Senior Banker in London in charge of large corporate clients in the UK, you will provide them with daily commercial support in their client relationship, as well as liaising with SG’s entities (business lines, branches and subsidiaries) for supporting the bank’s activities on the Client Portfolio. You will ensure the proper execution of relationship management support tasks in accordance with the Bank’s compliance and risk procedures including operational risk.

You will also work closely with the GLBA Management to provide them with all necessary management information needed including (but not limited to) reviewing NBI reports for country P&L, country RWA reporting, preparing and managing the country credentials sheets.

Summary Of The Key Purposes Of The Role

Support Coverage Corporate Relationship Managers for the UK:

• Working closely and assisting Corporate Relationship Managers with building client relationships by promoting the whole of products and services offered by SGCIB and the Group, including investment banking products, structured financing, advisory, risk management solutions, capital markets, trade finance
• Working closely with the relationship managers and business bines from origination and providing support with pitch preparation and proposal responses
• Working closely with the credit team in managing and understanding the credit risk associated with the portfolio and new prospects, and ensuring high credit quality of the portfolio
• Following up on client transactions, marketing plans, participating to the definition of objectives and reporting of client activity to management. Participating to the bank’s business initiatives: client budget; half-yearly and yearly business reviews; country limit exercise; shared goals exercise
• Writing relationship memos and pitching documents on clients: briefing memos for Senior Management’s visits to clients, relationship rationale for credit applications

Providing Relationship Managers with client data and market intelligence (client organisation, geographical presence, market and industry positioning, strategy, latest financial reports and press review)

Ensuring the business and its clients comply with SGCIB standards and local DFSA regulations including KYC and sanction guidelines

Assisting Relationship Managers with new business initiatives and sales pitches

Attending conferences / industry events where required

Summary Of Responsibilities

Management of loan transactions & Analytical and reporting support:

• Calculation of profitability and equity consumption for all types of financing transactions, and for vanilla senior unsecured financing in particular
• Reviewing, with the support of internal lawyers and other functional experts, of legal documentation in accordance with internal guidelines
• Supervision of the implementation of new loan transactions by Middle-Office
• Reporting and control of revenues and profitability made by the bank with the clients of the portfolio, including periodical review and correction of data from internal reporting systems, and ad hoc profitability analysis

Update and maintenance of the bank’s internal client database for the client of the portfolio, including initiating creation of new entities with KYC

Liaising with clients and agents to ensure submission of audited financial statements, management accounts, compliance certificates and other document requirements

Required

Profile required

Competencies

• The ideal candidate will hold a degree or equivalent in a Finance, Business or Commerce related field
• Masters-level education advantageous
• Previous work experience (internship etc.) in a coverage-related environment advantageous
• Excellent level of written and spoken English essential
• French-speaking skills advantageous
• Good IT skills including proficiency in Microsoft Office suite
• A good understanding of the economic, political and business environment of the region
• Good credit appraisal, analytical, marketing and research skills
• Ability to analyse and interpret financial information
  
  

Why join us

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.

Business insight

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 Société Générale, 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 identity.

Diversity and Inclusion

We are an equal opportunities employer and we are proud to make diversity a strength for our company. Societe Generale is committed to recognizing and promoting all talents, regardless of their beliefs, age, disability, parental status, ethnic origin, nationality, gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.