INTERNSHIP - Trade Commodity Finance Portfolio Analyst
Responsibilities
Main responsibilities:
- Monitor and analyze collateral activities (Borrowing Base, Transactional, Pool, REPO and GSA facilities). Maintain appropriate level of operational risk culture and awareness.
- Performs covenants monitoring & analysis and Past due follow up: borrowing base report, financial report etc.
- Performs and participate in periodic risk reviews with RISK department and Business Line: monthly/quarterly meeting to discuss “Borrowing Base” analysis. Prepare notes for the meeting.
- Maintains the knowledge and technical skills of team members in commodity financing operations.
- Participate in projects from proposal to implementation. Ensure proper testing, training and implementation of projects.
- Maintain departmental procedures for scope and accuracy, identifying controls and implementing changes. Be vigilant to possible control issues or concerns.
- Apply all Group rules and procedures linked to financial crime risks prevention (KYC, AML, Sanctions and Embargo, Anti-boycott) on a daily basis while processing operations.
- Contribute to adapt rules and processes linked to financial crime.
- Interact with other departments including Front Office, Legal, Compliance, Loan Servicing, LC department, Accounting and Payment department
Profile required
Global Banking Technology & Operations (GBTO) US delivers day-to-day services to Global Banking & Investor Solutions (GBIS) and its clients. GBTO consists of entities composed of IT & non-IT teams working side-by-side under the same leadership. GBTO supports the goal of rolling out a services platform model, spreading the technology and data culture, shortening decision-making processes, and adopting an industrial approach to ensure secure, stable, and compliant operations, as well as continuously improving front to back processing environments. GBTO maintains production services for applications, systems, and infrastructure, facilitates entry into new markets, ensures compliance with regulatory needs, as well as business growth & development.
Skills and Qualifications:
Must Have:
Description of Required Competencies:
Competencies
- Business Support and Client Focus
- Operational Excellence
Characteristics
- Strong problem solving, analytical mindset and organizational skills; ability to prioritize and multitask.
- Ability to work in a dynamic, deadline-focused environment.
- Strong interpersonal skills.
- Proactive approach.
- Ability to work independently with minimal supervision.
- Team player.
Technical Skills
- Good understanding of accounting concepts (Cash, AP, AR, Net, Inventory)
- Advanced computer skills in Microsoft Office products including MS Project, and Excel, plus collateral management system and LoanIQ.
- Hands on Middle Office or Back Office collateral monitoring experience.
- Special projects and management reporting skills.
Business insight
OUR CULTURE:
At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate.
For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)
D&I:
Our Diversity & Inclusion Mission: Recruit, develop, advance, and retain a diverse workforce that is united in our efforts to enhance our competitive position and deliver innovative solutions to our clients.
Our Diversity & Inclusion Vision:
• Engaged workforce that is demographically diverse in a way that reflects the communities in which we operate
• Inclusive culture and workplace that recognizes employees' unique needs and utilizes their diverse talents
• Engage our community and marketplace, and position the organization to meet the needs of all its clients
For more information about our D&I initiatives, please visit this link (https://americas.societegenerale.com/en/societe-generale-about/diversity-and-inclusion/)
HYBRID WORK ENVIRONMENT:
For most positions, Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable Business lines will determine and communicate the work arrangements that best meet their business needs.
COMPENSATION & SALARY RANGE:
Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience.