Asset Backed Products Trainee (Loans Trading)

Trainee|London|Others

Asset Backed Products Trainee (Loans Trading)

London, United Kingdom Trainee Others

Responsibilities

Description of the Business Line or Department

Loan Trading & Financing is part of the Asset Backed Products business line, which sits within Global Banking and Finance.

The Loan Trading desk operates as Market Maker desk on Loans (Leverage loans, Corporate, Emerging and Structured Finance), also providing market colour to and executing Loan transactions on behalf of other SG Business Lines.

Underlying loans and credit risk include Leveraged Loans, Commercial Real Estate, Infrastructure, Shipping, Aircraft, Emerging Markets, Project Finance (Energy: oil & gas, Renewable), Corporate Finance.

The Loan Trading teams works closely with Loan Sales, Syndicate and Originating Business Lines.

The Loan Trading Assistant will sit within the private side of ABP.

Summary of the key purposes of the role

  • The trainee’s primary function will be to support the Loan Trading team, by providing timely and accurate information to help execute trades, and meaningfully contribute to the profitability of the group.
  • Assist with the preparation of loan trading documentation and execution.
  • Prepare marketing documents and data rooms, assist with the preparation of internal credit reviews, secondary pricing, update financial models and commentaries on leveraged borrowers and other corporates and perform ad hoc research.
  • Assist with risk management and monitoring (daily recaps, P&L reporting, permanent supervision, etc.)

Summary of responsibilities

  • Assist with the preparation of loan trading documentation and execution
  • Prepare data rooms 
  • Produce marketing materials  
  • Support the desk with credit and financial analysis including Q&A process, drafting of internal credit memos, peer analysis and secondary pricing
  • Build and/or update financial models
  • Assist with the monitoring of credits and market trends, researching economic and financial information 
  • Assist with risk management and monitoring (daily recaps, P&L reporting, permanent supervision controls, etc.)
  • Assist the desk with KYCs process
  • Update and improve internal databases
  • Maintain strong adherence to SG compliance matters including relevant training.

Profile required

Competencies 

  • Analytical skills
  • Communication skills
  • Response workloads in a timely manner
  • Ability to multi-task and prioritize
  • Diligent, accurate
  • Team spirit
  • Self-motivated, autonomous, and proactive 

Technical skills

  • Numeracy
  • Writing skills
  • Knowledge of fixed income markets would be a plus
  • Good command of Excel/ Word/ PowerPoint. Bloomberg would be a plus.

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.

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.

Reference: 21000UV9
Entity: SG CIB
Starting date: 2021/12/13
Publication date: 2021/10/15
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