Responsibilities
POSITION OBJECTIVE
- Production and submission of Local Report to BOK and FSS
- Computation and monitoring of FX position limit and capital for single lending limit on daily basis
- Follow-up and communication of regulatory updates
- Updating SnS mapping and layout of local report according to new requirement by local regulator
- Validating account substantiation (BCT)
PRINCIPAL RESPONSABILITIES
Daily Obligation
- Monitoring of Suspense account, INDIV account, Off-market deals on daily basis
- Daily BS/ FBS preparation
- Calculation and Monitoring of FX position limit and capital for single lending ratio
- Production and submission of daily local report to BOK including BOK reserve report on time with accuracy
- Production and submission of 10-day reports to BOK.
Monthly /Quarterly Obligation
- Average BS preparation
- Production and submission of Monthly and Quarterly reports to local regulators on time with accuracy (BOK FX reports, FSS FINSE reports).
- Tax filings – Education tax, Bank levy, VAT support, other business tax payments.
- Monitor and communicate with relevant teams to clear breaks which have impact to local financial.
- Control and substantiation for all E2Ks under SG Seoul on BCT with checking remaining balance on GL and supporting document
Yearly and Occasional obligation
- Enhance and automate local regulatory report into SNS system as part of 3RP controls
- Update procedure and working files for reporting quality improvement
- Back-up other colleagues’ daily or ad-hoc tasks during their leaves
- Ad-hoc reports by local regulators on a timely manner
- Support EOY audit and corporate tax return
Support regulators’ audit such as BOK, FSS, NTS, if any
Profile required
Main competencies (technical or behavioral) necessary:
- Sound functional knowledge of the financial products within a Finance division
- Strong analytical mindset. Adaptive and fast to absorb domain knowledge. Attentive to details and capable to maintain global view of the situation.
- Highly motivated and team oriented.
- Good command of English.
- Strong PC skills, in particular Microsoft Excel, Power Point and Word.
Update the required fields with below documents:
- Updated resume & cover letter in one file (Cover letter is MUST along with the resume)
- Most recent academic transcript
- Consent form
Business insight
Job Title
Trainee for Development & Finance Division (Korea) within SOCIETE GENERALE CORPORATE & INVESTMENT BANKING (“SG CIB”) Seoul Branch. This program is expected to commence as early as possible, and period will be 1 year.
Company Profile
SG CIB is the Corporate and Investment Banking arm of the Societe Generale Group. Present in over 80 countries across Europe, the Americas and Asia. SG CIB is a reference bank specialising in: Euro Capital Markets, Derivatives and Structured Finance. Combining innovation and quality of execution, SG CIB provides corporates, financial institutions, investors and public-sector clients with value-added integrated financial solutions.
SG in Korea
SG opened a branch in 1983 through which it offers a full range of debt, advisory and corporate banking services. Dealing with the top local companies, its primary focus is structured financing, as well as market operations - Foreign Exchange or interest rates.
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.
- Reference: 2300050Y
- Entity: Société Générale Korea
- Starting date: immediate
- Publication date: 2023/02/21