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Associate Vice President – Correspondent Banking & Trade Services, Societe Generale Bank

Retail & online banking
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Permanent contract
Mumbai, India
Hybrid

Reference 24000REF
Start date 2025/01/01
Publication date 2024/12/06

Responsibilities

Job Summary:

  • Assist in marketing Correspondent Banking & Trade Services to Indian banks, financial institutions & Corporates
  • Customer service to banks maintaining accounts with Societe Generale (SG).
  • Cross selling & supporting function for related SG products

Main Responsibilities:

1. Major Accountabilities/Principal Responsibilities:

  • Enhancing NBI for the department through consistently building and maintaining client engagement 
  • Maintaining updated information on the banking industry.
  • Responding to queries raised by clients.
  • Corresponding with Head Office for the limit requirement of SG India.

2. Operational Objectives

  • Pursue actively the client engagement program at branch levels of banks (meetings) designed at the beginning of the year for enhancing business.
  • Support HOD in Organizing Seminars/Workshops for banks/corporate when required
  • Ensuring 24 hrs. turnaround to Enquiries

3. Management Objective

  • Providing information / statistics to Head Office related to correspondent banking & Trade Services
  • KYC Documentation for Financial Institutions & compliance checks required from time to time
  • Permanent Supervision Checks in alliance with HOD

4. Cooperation Objective

  • Work closely with various SG Business Lines to develop their business also.
  • Work closely with Operation Team for execution of transaction within the TAT.
  • Cross Selling of other BL products
  • Organization of Client Workshops 

Profile required

Academic Background (degree and major):

  • Post Graduate / Graduate

Relevant Working Experience in number of years:

  • Minimum 8 years of work experience in Trade Finance or Correspondent Banking

Skills & Competencies required:

  • Operational/Product Knowledge of International Trade and knowledge of EUR nostro services
  • Thorough Knowledge of Banking Sector

Client-:

  • Ability to satisfy clients/ internal partners while taking into account risks for the company
  • Sound understanding of Trade Finance products and operations
  • Knowledge of local regulations like FEMA and RBI regulations
  • Knowledge of UCP 600, URDG 758, URC 522
  • Good communication skills (written & spoken)

Team Spirit-:

  • Ability to build synergy within and outside of the team
  • To have a collective and an open mindset
  • To be able to listen actively and share information within the team and with other teams as well
  • Ability to deal with conflicts proactively and in a positive mode

Innovation-:

  • Think out of the box & have a solution driven attitude
  • Propose new ideas and thoughts
  • Adopt and adapt to new technologies in the solutions and projects
  • Simplify things; promoting simplicity over complexity

Responsibility-:

  • Express one’s convictions and act with courage
  • Ability to make decisions within the scope of one’s responsibilities
  • Having a risk mindset
  • Striving for high performance

Commitment-:

  • Ability to honor commitments, foster a climate of trust
  • Being able to continuously develop one’s competencies and knowledge

Business insight

Societe Generale is one of the leading financial services groups in Europe. Based on a diversified universal banking model, the Group combines financial strength with a strategy of sustainable growth, putting its resources to work to finance the economy and its clients’ plans. With a solid position in Europe and a presence in countries with strong potential, the Group’s 145,700 employees in 66 countries support 31 million individual clients, large corporates and institutional investors worldwide by offering a wide range of advisory services and tailored financial solutions.
 
Societe Generale was established in India in the year 1978. In 1985, Societe Generale Bank commenced operations as a Scheduled Commercial Bank in Mumbai. Since then, it has a proud legacy of servicing corporates and clients. New branches were added in Delhi (1993).  Societe Generale not only offers an extensive product portfolio to different market segments, but customizes solutions in investment banking, global finance and global markets. Societe Generale is an equal opportunities employer and believes that a diverse and inclusive workforce should be encouraged and recognized.

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.
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