Corporate Finance TMT Associate


 London - Great Britain       Permanent contract        Corporate and Investment Banking

Responsibilities

Description of the Business Line or Department

CORI, the Coverage and Investment Banking division of SG CIB, offers a global advisory approach focused on strategic dialogue with clients. Building on long-term relationships based on trust, CORI offers clients the whole range of services offered by SG CIB and the Société Générale Group, with a particular focus on investment banking and commercial banking activities.

CORI's client reach is worldwide with solid local expertise thanks to our platforms in Europe (France, the UK, Germany, Italy, Iberia and the CEEMEA region), the Americas and Asia.

Corporate Finance (CORI/COR) has an integrated worldwide set-up offering a comprehensive range of advisory and capital raising services to accompany its clients thanks to strong sector and product knowledge, and proven capabilities in both local and cross-border executions. The corporate finance activity is about accompanying clients on all of their investment banking needs from strategic advisory, mergers & acquisitions, equity capital markets and structured equity transactions.

Summary of the key purposes of the role

  • The position will be based in London within the TMT Corporate Finance team.

  • The position is focused on TMT subsectors and geographies, and will be involved in M&A and ECM execution as well as origination of new deals.

  • This position would report to the Global [co-]Head[s] of TMT Corporate Finance

Summary of responsibilities 

  • Participate in the definition and execution of the TMT sector’s marketing plans (M&A advisory and ECM), with a particular focus on certain sub-segments of TMT

  • Develop and maintain sector expertise and certain client relationships in these segments

  • Assisting in the origination of Corporate Finance transactions across the TMT sector

  • Leading/assisting in the execution of Corporate Finance transactions across the TMT sector

  • Leading in the preparation and pitching of presentations for clients, investors and the broader investment community

  • Financial statement analysis and financial modeling

  • Company valuations mainly using market multiples, M&A multiples and the DCF method

  • Help develop transaction structures / structured solutions

  • Keep up to date about M&A, equity and debt related issues

  • Working with other country and products teams as required

  • Efficiently supervise junior colleagues (interns, analysts and associates as appropriate) and owns responsibility of their work

  • Is able to coordinate multi-products pitch and execution

  • Is able to assist in the development of structured marketing plans

  • Has developed cross-product approach: is able to cooperate efficiently with other business line

  • Has strong command of English in an international deal-making environment

  • Strong involvement in origination, is commercially aware

  • Demonstrates autonomy in origination, from ideas generation to pitch delivery to client

  • Shows potential to be client interface at senior level

  • Has developed negotiation skills

  • Is impactful in written and oral communication, is able to convince clients

Level of autonomy and authority

  • The candidate is required to be able to autonomously manage client interactions at the transaction execution phase, under the supervision of the MDs in the team

  • The candidate is also expected to display a large level of autonomy in the pitch preparation phase and to take a proactive role in client meetings and discussions  

  • Give guidance and efficiently supervise junior colleagues on projects and marketing pitches

  • Proactively contribute to the ideas generation / origination process of the team


All our positions are open to people with disabilities

Profile Required

Competencies

Technical/Industry skills

  • Has excellent knowledge of Corporate Finance concepts and Corporate Finance related products Has solid Corporate Finance sector/country knowledge: is able to identify new opportunities and understand key industry trends

  • Has solid accounting, valuation, legal, market rules/listings rules knowledge

  • Has excellent modeling skills (complex structuring modeling, advanced business plan modelisation or Convertible Bond EPS Dilution / Right Issues modeling)

  • Is able to coordinate multi-products pitch and execution

  • Is able to assist in the development of structured marketing plans

  • Has strong command of English in an international deal-making environment

Ethics and regulatory requirements

  • Sets an example and demonstrates leadership in respect of conduct, behavioural and compliance culture matters; ensure the embedding of a positive culture of compliance within his/her perimeter and demonstrating more generally ‘doing the right thing’, with internal SG stakeholders, as well as to clients and markets with which his/her perimeter is engaged, to lead to the right outcomes in all material respects

  • Respects rules to protect firm’s interests

  • Pays attention to risk of breach of professional or business ethics

  • Acts to protect the firm’s and clients’ reputations

  • Is knowledgeable about the Risk & Compliance rules of his/her activity

  • Awareness and compliant with firm’s regulatory policies, including, inter alia, Insider information management, Chinese wall, Clear desk policies, personal investment policy, email classification, contact with investment research; Gift and entertainment policy, use of disclaimers in pitches or documents.

Risk culture

  • Develops good knowledge on major risks related topics: credit, operational, reputational, compliance.

  • Strictly respects internal procedures (MIFID, KYC, opsco, cocos, Valuation committees,…etc)

Results orientation – Supporting the business

  • Delivers smart, accurate and reliable materials within objectives and deadlines

  • Is able to lead and coordinate a project in various situations (buy-side, sell-side, tender offer…)

  • Efficiently communicates and is effectively able to guide his team

  • Is resources and fees conscious and manages team accordingly

Client orientation / Presentation skills

  • Strong involvement in origination, is commercially aware

  • Has developed cross-product approach: is able to cooperate efficiently with other business lines

  • Is autonomous in origination, from ideas generation to pitch delivery to client

  • Shows potential to be client interface at senior level

  • Has developed negotiation skills

  • Is impactful in written and oral communication, is able to convince clients

  • Always act in client’s best interest

Risk and compliance management

  • Is knowledgeable of the Risk & Compliance rules of his/her activity, Attends and successful completes required and mandatory regulatory and compliance trainings and timely signs the Handbook

  • [For Equity chain staff] In particular, knows and respects the SRAB/Volcker laws requirements, in the performance of certain duties as reminded in handbooks. Operate in conformance with his/her team mandate and in compliance with the SG procedures established for the enforcement of the French Banking Law compliance and the Volcker Rule. Manage positions under sound and effective risk management including for achieving individual business objectives

  • Operates at all times with the highest standard of care (and in compliance with all SGCIB policies and procedures) to ensure protection of the SG franchise from the risks of doing client business, including, but not limited to :

  • possible commercial disputes with our clients or other parties (complaints about our advice),

  • regulatory risk (market reporting failures, conflicts of interest issues),

  • fraud (and other criminal activity including money laundering, corruption and bribery),

  • credit risk (especially as regards ECM underwriting)

  • and execution errors on transactions.

  • Always ensures where he/she has a concern around any topic that this is escalated immediately to the relevant party (whether this be to COO, Legal, Compliance, CORI-COR, CORI or SGCIB Management)

SG Community Service

  • Is participating actively to transversal topics in the interest of the Group/team; Shares best practices.

Results orientation – Supporting the business

  • Strong commitment to the job, hardworking, ability to deliver under demanding conditions

  • Shows initiative and curiosity, is proactive

  • Always acts professionally with clients and colleagues

  • Leverage himself efficiently

  • Encourages, helps more junior staff to focus on what is essential

  • Promotes simplicity over complexity and favours simple solutions

  • Strictly respect management guidelines and internal procedures, including firm's regulatory policies

  • Actively contributes to change implementation and support peers and more junior staff in the change process

Working together - Cooperation

  • Shows leadership, Inspires top performance for the team, sets high standards for self and others

  • Manages team effectively:  checks decisions are implemented and procedures respected; Defines clear roles and responsibilities within the team

  • Coordinates others in order to deliver 1st class origination materials and execution

  • Takes the time and knows how to develop others - is able to grow people in the organization

  • Shows team spirit / partnership: actively participates in team building and group overall harmony

  • Promotes working with other SG teams and appropriately involve others

WORK EXPERIENCE

The candidate should have between 5 and 7 years experience of corporate finance / M&A, acquired in a reputable bank or M&A advisory boutique, with a particular focus on the TMT sector. 

EDUCATION

  • University graduate (Bachelor’s degree) is essential

  • Master’s degree in Business, Finance, Economics or other relevant field

  • Excellent academic record from a top rated University or equivalent

  • 6 years+ Professional experience

LANGUAGES

  • English

  • A second language will be an advantage


Why Join Us

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 Societe Generale, 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 reassignment


Business Insight

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
Job code: 19000L5P
Business unit: SG CIB
Starting date: 23/09/2019
Date of publication: 11/09/2019
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Corporate Finance TMT Associate

Permanent contract   |   London - Great Britain   |   Corporate and Investment Banking