REL Trainee

Fixed term contract|London|Corporate and Investment Banking

REL Trainee

London, United Kingdom Fixed term contract Corporate and Investment Banking

Responsibilities

Description of the Business Line or Department

Commercial Real Estate (REL) within Asset Finance Division (AFI) is a business line of Global Banking (GLBA).

REL is responsible for:

- providing financing solutions for professional investors investing in office, logistics, retail, hotel and other real estate (incl. multifamily, student accommodation and nursing homes) being key clients of SG Group.

- Within the GLBA/AFI/REL platform, GLBA/AFI/REL London originates, structures and executes financing transactions involving real estate located in the UK or with a strong UK angle (sometimes including non-UK assets within a predominantly UK portfolio).

Client base: The client base consists of:

  1. local and international property investors (private equity companies, pension funds, property companies, sovereign wealth funds, insurance companies, corporate etc.) who require debt financing collateralised by assets located in the UK, or
  2.  UK based sponsors in the case of non-UK assets (in coordination with other European teams).

The financings are structured with a view to being mostly distributed.

Beyond its client basis, REL has extensive relationship with real estate brokers and appraisers, rating agencies, debt providers and investors, insurers and lawyers.

Summary of the key purposes of the role

You will contribute under the supervision of a Senior Front Officer to:

  1. the underwriting and structuring of Commercial real estate structured finance transactions
  2. the monitoring of deals in the book
  3. maintain close contact with the CRE market

Summary of responsibilities

  • Risk analysis and understanding of all issues relevant for each transaction (context, aim, constraints related to the assets and/or the legal and tax environment…);
  • Financial analysis and modelling of the considered projects;
  • Structuring of complex financings
  • Drafting and presentation of credit requests
  • Drafting of term sheets and review of legal documents
  • Risk-monitoring of existing loans
  • Data search and market intelligence

Profile required

Competencies

  1. Excellent verbal and written English
  2. Attention to details
  3. Advanced knowledge of MS Excel and ideally VBA
  4. Other IT fluency (MA
  5.  Word, Power Point)
  6. Flexibility and responsiveness
  7. Ability to work in a rigorous manner according to business processes and guidelines
  8. Ability to work under tight timelines and pressure
  9. Ability to regularly monitor work process to avoid mistakes and to guarantee the reliability of results.
  10. Energy, motivation and willingness
  11. Integrity and risk awareness

Why join us

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.

Business insight

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 Société Générale, 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.

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, sexual or gender identity, sexual orientation, membership of a political, religious, trade union or minority organisation, or any other characteristic that could be subject to discrimination.

Reference: 21000H5V
Entity: SG CIB
Starting date: immediate
Publication date: 2021/05/27
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