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V.I.E. Coverage Support Analyst
International Volunteer Program| Dubai| Banking operations processing
V.I.E. Coverage Support Analyst
Dubai, United Arab Emirates International Volunteer Program Banking operations processing
Responsibilities
At Société Générale Corporate & Investment Banking (SGCIB), you will join the Coverage team, within GLBA “Global Banking & Advisory” division, which is in charge of marketing globally the whole span of the bank’s products to its major clients as a Support Analyst.
Working closely with Relationship Managers (“RMs”) and Senior Bankers in charge of large Corporates, Financial Institutions, Sovereigns and Family Offices clients in the Middle East region, you will provide them with daily commercial support in their client relationship. You will also liaise with SG’s entities (business lines, branches and subsidiaries) for supporting the Bank’s activities on the Client Portfolio. Ensuring the proper execution of vanilla senior unsecured loans and the contribution to the budget exercise, periodical clients’ studies and business reviews will also be part of your responsibilities.
The V.I.E. activity is centered around 3 main pillars:
1. Relationship management support (for Corporate and Sovereign coverage teams)
• Assisting RMs and Senior Bankers with building the client’s relationship by promoting the whole of products and services offered by SG CIB and the Group (including IB products, Structured Financing, Project Financing, Trade Financing, Cash Management Solutions, Clearing Solutions, etc...).
• Assisting RMs, Senior Banker and Business Lines in the origination process through support to pitch preparation and RFP responses
• Preparing Onboarding Memo for new prospects and Pre-Screening Memo for vanilla senior unsecured transactions which includes client data, calculation of profitability, risk-weighted assets consumption and potential business case
• Providing relationship memos on clients: Briefing Memos for Senior Management’s visits and relationship rationale for credit applications
2. Analytical and reporting support
• Reporting and controlling of revenue from/risk of (NBI – Net Banking Income / RWA –Risk-Weighted Assets) the clients, correction of data of the internal reporting systems, and periodical profitability review analysis (Client Budget, Half-Yearly & Yearly Business Reviews, Client Business Case…)
3. Middle Office for vanilla senior unsecured transactions (for Corporate and Sovereign coverage teams)
• Supervising the implementation of new loan transactions done by Middle Office & the quarterly RWA review of the loans
• Reviewing with the support of internal lawyers the legal documentations (NDAs, Term Sheet, Facility Agreement…) in accordance with internal guidelines
• Updating and maintaining the Bank’s internal client database, including initiating creation of new entities with KYC
Due to the VIE eligibility criteria a questionnaire will be provided. Please make sure to answer all the questions for an efficient analysis of your application.
Please note that for the missions outside the European countries, a VISA is necessary. Please make sure your passport is valid up to 6 months after the end of the VIE contract to not delay your departure. Otherwise, we strongly advise you to launch asap the renewal of your passport.
PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
Studies & experience:
• Graduate with a Master degree from Business/Engineering School or University with a specialization in Financial Markets/Corporate Finance/Business/Accounting
• A previous experience in a financial institution/Coverage-related environment would be appreciated
Language skills:
• Fluent in English (B2-C1)
• Arabic would be an advantage
Technical, operational & Soft skills:
• Proficient/Good command of MS Office
• Good communication and presentation skills
• Knowledge of banking principles and finance
• Analytical skills
• Adaptability and curiosity
• Problem solving approach
• A good understanding of the general, economic, political and business environment of the Arabian region would be a plus
The VIE assignment in a nutshell
This VIE in Dubai is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. It will last 12 months. The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including your financial indemnities), please see Mon VIE-VIA Business France.
As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.
At the end of your VIE, various opportunities could be offered to you, in France and abroad.
At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious.
Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA.
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.
