Coverage Support Analyst - VIE Dubai
Internship UNITED ARAB EMIRATES Marketing
Job description
Responsibilities
Your role:
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.
· Closely work with the RMs and Business Lines on drafting Term-Sheet when required.
· Reviewing, with the support of internal lawyers, of the legal documentation (Facility Agreement, NDA, etc...) in accordance with internal guidelines.
· Supervision of the implementation of new loan transactions done by Middle-Office & Quarterly review of RWA of loans.
· Reporting and control of revenues (NBI –Net Banking Income) 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.
· To liaise with client or Agent to ensure submission of audited financial statements, management accounts, compliance certificate and all other information/documents required.
Support Coverage Corporate and Financial Institution Relationship Managers for the Middle East Region
· Working closely and assisting Corporate & Financial Institutions RMs with building the client's relationship by promoting the whole of products and services offered by SGCIB and the Group. (Including IB products, Structured financing, Advisory, Risk management solutions, Capital Market, trade finance, etc...)
· Closely work with the RMs and Business Lines from the origination & provide support in pitch preparation and RfP responses.
· Closely work with the credit team in managing and understanding the credit risk associated with the portfolio & new prospects and ensuring high credit quality of the portfolio.
· Follow-up on client transactions, marketing plans, participation to the definition of objectives and reporting of client activity to management. Participation to the banks business initiatives: Client Budget; Half-yearly & yearly Business Reviews; Country limit exercise; Shared Goals exercise.
· Write relationship memos and pitching documents on clients: Briefing Memos for Senior Management's visits to clients, relationship rationale for credit applications.
· Provide Relationship Managers with client data and market intelligence (client organisation, geographical presence, market and industry positioning, strategy, latest financial reports and press review, etc...).
· Ensuring the business and clients complies with SGCIB standards and local DFSA regulations including KYC and sanction guidelines.
· Assists RMs and CEO with new business initiatives, sales pitches, attends conferences / industry events when/if required.
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.
Please see Civiweb www.civiweb.com , in order to have more details regarding your financial indemnities
Profile Required
Your profile:
Graduate from Engineering school, Business School or University with a master degree in Corporate Finance.
You ideally have a previous experience in a coverage environment
You are fluent in English. Arabic communication skill is an advantage but not a requirement
You are proficient with Microsoft Office (Excel, PowerPoint, Word)
A good understanding of the general, economic, political and business environment of the region.
Good credit appraisal, analytical, marketing and research skills, with the ability to interpret financial information.
To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.
Why Join Us
You will benefit from this experience and have an excellent ability to further develop your analytical skills.
You will have the opportunity to discover a new country, culture and the day-to-day job in an Investment Banking Industry.
Business Insight
Within Societe Generale Corporate & Investment Banking (SGCIB), you will join the GLBA “Coverage & Investment Banking” division which is in charge of marketing globally the whole span of the bank's products to its major clients.
Working closely with Relationship Managers and Senior Banker in Dubai in charge of large corporate and financial institutions clients in the Middle-East region, 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 closely work with the Country-Head and to provide him with all necessary management information needed such as (but not limited to) reviewing NBI reports for country p&l, country RWA reporting, preparing and managing the country credentials sheets.
Responsible for implementing the Société Générale Group policies and procedures locally by containing compliance risk in liaison with the Compliance organisation of Société Générale.
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, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.
Job code: 19000TBJ
Business unit: SG CIB
Starting date: 01/01/2020
Date of publication: 24/11/2019