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 is based in London within the Power, Utilities & Infrastructure (PU&I) Corporate Finance team.
You are focused on multi subsectors and geographies
You are involved in M&A and ECM execution as well as origination of new deals across the sector.
You are also responsible for working across other teams in the bank as well as training and mentoring more junior team members
Summary of responsibilities
• Assisting in origination of Corporate Finance transactions across the PU&I sector
• Assisting in execution of Corporate Finance transactions across the PU&I sector
• Involved in the preparation and pitching of presentations for clients, investors and the broader investment community
• Financial statement analysis and financial modelling
• Company and industry research in the context of the origination and execution of transactions
• 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 sector, country and products teams as required
• Efficiently supervises interns and owns responsibility of their work
All our positions are open to people with disabilities
Has basic to solid knowledge of Corporate Finance concepts and products (given seniority in the position)
Has the necessary solid accounting knowledge
Has nascent industry/sector knowledge; Understands key industry trends, valuation metrics in selected subsectors
Is developing standard to solid modeling skills (ex: 3 financial statements mechanism, basic bridge items, convertible Bond EPS Dilution / Right Issues modeling, …)
Is developing standard to solid complex modeling skills (merger model, DDM, technical bridges items)
Is developing standard to solid valuation knowledge - is able to contribute actively to a valuation report
Is developing standard to solid market intelligence, is able to structure market updates.
Has an excellent command of Office tools and relevant databases
Has a good command of English
Ethics and regulatory requirements
Is pro-active in respect of conduct and behaviour, demonstrates a positive culture of compliance and more generally ‘doing the right thing’, with internal SG stakeholders, as well as to clients and markets with which he/she 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.
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
Is able to deliver on due time: respect deadlines and efficiently communicate with team on his/her progress.
Is delivering a reliable and accurate work: ensures production of high quality documents
Is able to multi-task
Is efficient and resourceful on data mining and information research
Shows autonomy on defined tasks
Shows progress in skill set throughout the year: demonstrates progression in skills, speed of learning
Demonstrates ability to support execution effort in various transaction processes (buy-side, sell-side, IPO, etc.)
Knows how and when to delegate and to remain responsible for what is delegated
Client orientation / Presentation skills
Is able to interact with clients or business line colleagues on specific workshops as required
Demonstrates good written and oral communication skills
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
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
Shows strong commitment to the job, hardworking, is able to deliver under demanding conditions
Listens to guidance and thoroughly execute
Proactively requests proper guidance when needed
Always acts professionally with clients and colleagues
Strictly respects management guidelines and internal procedures, including firm's regulatory policies
Shows initiative and curiosity, is proactive in all tasks
Promotes simplicity over complexity and favours simple solutions
Adapts to new constraints and actively contributes to change implementation
Working together - Cooperation
Efficiently supervises interns and owns responsibility of their work
Coordinates with analysts of other BLs (SAF, LNI,…) whenever needed
Shows team spirit / partnership
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
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.