V.I.E. Corporate Coverage

International Volunteer Program|London|Corporate & Investment banking

V.I.E. Corporate Coverage

  • London, United Kingdom
  • International Volunteer Program
  • Corporate & Investment banking


Within Societe Generale Corporate & Investment Banking (SGCIB), you will join the GLBA Coverage division which is in charge of marketing globally the whole span of the bank’s products to its major clients.

Working closely with Relationship Managers and Senior Banker in London in charge of large corporate clients in the UK, you will provide them with daily commercial support in their client relationship, as well as liaising with SG’s entities (business lines, branches and subsidiaries) for supporting the bank’s activities on the Client Portfolio. You will ensure the proper execution of relationship management support tasks in accordance with the Bank’s compliance and risk procedures including operational risk.

You will also closely work with the GLBA Management to provide them with all necessary management information needed such as (but not limited to) reviewing NBI reports for country P&L, country RWA reporting, preparing and managing the country credentials sheets.

Management of loan transactions & Analytical and reporting support:
- Calculation of profitability and equity consumption for all types of financing transactions and for vanilla senior unsecured financing in particular.
- Review, with the support of internal lawyers and other functional experts, of the legal documentation (Facility Agreement, NDA, etc...)  in accordance with internal guidelines.
- Supervision of the implementation of new loan transactions done by Middle-Office & Quarterly review of RWA of loans.
- Reporting and control of revenues (NBI –Net Banking Income) and profitability made by the bank with the clients of the portfolio, including periodical review and correction of data from internal reporting systems, and ad hoc profitability analysis.
- Update and maintenance of the bank’s internal client database for the client of the portfolio, including initiating creation of new entities with KYC.
- To liaise with client or Agent to ensure submission of audited financial statements, management accounts, compliance certificate and all other information/documents required.

Support Coverage Corporate Relationship Managers for the UK:
- Working closely and assisting Corporate RMs with building the client’s relationship by promoting the whole of products and services offered by SGCIB and the Group. (Including IB products, Structured financing, Advisory, Risk management solutions, Capital Market, trade finance, etc...) 
- Closely work with the RMs and Business Lines from the origination & provide support in pitch preparation and RfP responses. 
- Closely work with the credit team in managing and understanding the credit risk associated with the portfolio & new prospects and ensuring high credit quality of the portfolio.
- Follow-up on client transactions, marketing plans, participation to the definition of objectives and reporting of client activity to management. Participation to the banks business initiatives: Client Budget; Half-yearly & yearly Business Reviews; Country limit exercise; Shared Goals exercise.
- Write relationship memos and pitching documents on clients: Briefing Memos for Senior Management’s visits to clients, relationship rationale for credit applications.
- Provide Relationship Managers with client data and market intelligence (client organisation, geographical presence, market and industry positioning, strategy, latest financial reports and press review, etc...).
- Ensuring the business and clients complies with SGCIB standards and local DFSA regulations including KYC and sanction guidelines.
Assists RMs with new business initiatives, sales pitches, attends conferences / industry events when/if required.

Profile required

PLEASE NOTE that since this program is primarily an international development program, candidates cannot apply to a VIE assignment in their own country of citizenship.

To facilitate the examination of your application by our English-speaking managers, we thank you for applying in English.

Required competencies: 
- Any of the following educational degrees: Masters (II) in Finance / Business/ Commerce.
- English communication skills (written and oral); fluency in French would also be of benefit.
- IT/software literacy: word, excel, power points, etc...
- Internship/s in a financial institution in a coverage related environment
- A good understanding of the general, economic, political and business environment of the region.
- Good credit appraisal, analytical, marketing and research skills, with the ability to interpret financial information.

A TW-GAE Visa is required to work in the UK.
When applying for the visa, you will have to advance visa fees (around than £1 000) that will be reimbursed by Société Générale London after the beginning of the VIE.
To be eligible for this visa used for VIE, you will need to provide proof of the following:
- Graduated within the last 2 years
- English level with a certificate (IELTS - min 6/9, TOEIC - min 605/990, language CERT, Pearson, PSI Services, TOEFL)
- Proof of support Funds (min £ 1 270)
For more information, please refer to https://bunac.org/internships-abroad/intern-in-britain/visas

The VIE assignment post Brexit
This VIE in London is to begin as soon as possible but you need to plan 3 months between your application date and the beginning of your VIE assignment. Bear in mind this visa process is new and could take from 6 to 12 weeks and delay the assignment start date.

The VIE will last 12 months. No VIE extension will be possible in the UK due to the visa, but it could be extended for a 2nd year in another country within the Group depending on opportunities.

The VIE is a specific contract, under Business France’s eligibility criteria, opened to candidates under 28 and from the member states of the European Economic Space. For further information (including financial indemnities), please see Mon VIE-VIA Business France.

We would like to draw your attention to the fact there that your VIE mission could potentially get postponed, depending on the evolution of the health crisis and subjects to the decision made by the Crisis and Support Centre of the Ministry of Europe and Foreign Affairs (MEAE). In addition, the selected candidate will only be paid upon confirmation from Business France and arrival in the country of assignment.

Why join us

As soon as you arrive, you will be integrated into our teams and will learn every day alongside our experts, who will support you in your tasks. Gradually, you will become more independent in your projects, making this experience a real career accelerator. You will also discover all the diversity of our businesses, in a sector that is constantly evolving and innovating.

At the end of your VIE, various opportunities could be offered to you, in France and abroad.

Business insight

At Societe Generale, we are convinced that people are drivers of change, and that the world of tomorrow will be shaped by all their initiatives, from the smallest to the most ambitious. 
Whether you’re joining us for a period of months, years or your entire career, together we can have a positive impact on the future. Creating, daring, innovating and taking action are part of our DNA. 
If you too want to be directly involved, grow in a stimulating and caring environment, feel useful on a daily basis and develop or strengthen your expertise, you will feel right at home with us!

Still hesitating? 
You should know that our employees can dedicate several days per year to solidarity actions during their working hours, including sponsoring people struggling with their orientation or professional integration, participating in the financial education of young apprentices, and sharing their skills with charities. There are many ways to get involved.

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: 23000G85
Entity: SG CIB
Starting date: 2023/09/01
Publication date: 2023/05/22