Internship DCM Syndication Private Placements (m/f/d)
Responsibilities
You will help senior syndicate managers on the desk’s daily tasks with the following responsibilities:
- Assist the team syndicating MTNs as well as German Domestic Products such as Promissory Notes, Registered Bonds & Registered Covered Bonds, etc.
- Manage and updating pricing tools / database used by syndicate managers
- Run market analysis and statistics (monitoring the private placement activity)
- Prepare internal as well as external pitches towards issuers and investors
- Support the team in pre and post-trade execution including drafting term sheets, liaising with Middle Office and Back Office
- Resolve any settlement or legal issues to ensure timely settlement of deals
Profile required
Your Education/Past Experience
- Currently studying in a Grande Ecole / University Diploma in Business Administration, Master of Science in Management / Finance
- The candidate must still currently be enrolled in an undergraduate or post-graduate program
- Experience in the Debt Capital Markets, specifically Syndication would be a plus
- Strong financial background and knowledge of the international bond market
- Able to develop an understanding of derivatives and structured products
Your Technical skills/Languages
- First class marketing skills – the ability to synthesise complex market arguments and communicate these effectively
- Excellent knowledge of Microsoft Office required / Bloomberg knowledge would be helpful
- Good quantitative skills – comfortable with all aspects of financial maths
- Financial skills – able to interpret a balance sheet, income and cash flow statement
- Fluent Business English required, ideally good German command; French would be a plus
Your Personal abilities
- Ability to thrive on the challenge of competitive pressures and remain focused on client needs
- Self-directed, highly motivated, and able to work independently
- Self-confident, highly motivated, team spirit, well organized l
- Strong written and oral communication skills
- Ability to cope with multiple tasks from many different people
- Ability to complete accurate and reliable work under significant pressure
Why join us
As a member of the syndication team, this internship will give you the opportunity to gain deep fixed income knowledge on both investor and issuer side. This is a great opportunity to evolve in a dynamic and busy trading floor environment with regular interaction with origination and sales teams in an international team.
Business insight
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth, aiming to be the trusted partner for its clients, committed to the positive transformations of society and the economy. With a solid position in Europe and connected to the rest of the world, Societe Generale has over 133,000 members of staff in 61 countries and supports on a daily basis 30 million individual clients, businesses and institutional investors around the world.
You will be integrated within the Medium Term Note (MTN) Private Placement desk of Société Générale CIB which consists of 6 people divided between Paris, Frankfurt and Hong Kong teams as part of the wider Debt Syndicate Group. You will join the desk in Frankfurt and support the team in their daily activities. The MTN desk is an extension of the global Syndicate desk and you will be closely working with both the syndicate desk and alongside all other members of the MTN desk globally.
We are looking for an intern for a period of 6 - 9 months in “Bond Syndication - Private Placements” starting from August 2024.
If you feel you have the required experience and qualifications, thrive on a challenge and want to become part of a dedicated and driven team that strives for success, then please apply with a CV (including your expected graduation date), cover letter, all certificates as well as your preferred start date and duration for the internship.
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.