V.I.E. Master Agreements
Responsibilities
Societe Generale is one of the leading European financial services groups. Based on a diversified and integrated banking model, the Group combines financial strength and proven expertise in innovation with a strategy of sustainable growth. Committed to the positive transformations of the world’s societies and economies, Societe Generale seeks to build together with its clients, a better and sustainable future through responsible and innovative financial solutions. Active in the real economy for over 150 years, with a solid position in Europe and connected to the rest of the world, Societe Generale has over 117,000 employees in 66 countries and supports 25 million individual clients, businesses and institutional investors worldwide (figures as of August 2023). We have a presence in 11 locations across Asia Pacific. With our regional headquarters in Hong Kong – a core hub of the worldwide Societe Generale Group – we employ around 2,300 employees in the region. In addition, Societe Generale's Global Solution Centre (SGGSC) in Bangalore and Chennai supports the Group in Asia Pacific and globally with customised business solutions.
The Master Agreement Negotiations Team (MAN) is part of the Legal Department and plays a key role in the onboarding of clients to facilitate market activity. The team is currently responsible for amongst other things:
• Negotiating master agreements for OTC derivatives, stock lending and repo activities
• Updating master agreement templates, policies and procedures applicable within SG Group
• Ensuring that agreements are recorded in systems and netting flags are entered in SG referential database in accordance with SG Group policy
• Assessing legal opinions regarding the enforceability of close-out netting and collateral arrangements and producing SG netting reports supporting conclusions
MAN is a global team with hubs in New York, Hong Kong, Paris, London and Bangalore. The successful candidate will form part of the HK MAN Team and report to the Head of Master Agreements, Asia Pacific. They will have the opportunity to broaden their current skills and gain experience across a broad range of master trading agreements in a multitude of jurisdictions.
Main responsibilities:
• Assist with the drafting, reviewing and negotiating of master agreements and related documentation
• Help to maintain up-to-date templates of all master agreements and associated documents
• Ensure compliance with SG master agreement negotiation policies
• Handle ad hoc enquiries from legal teams and other internal stakeholders or escalate as appropriate
• Assist in the promotion of SG tools that will be utilised by the team
• Liaise with external counsel, if necessary, to seek legal opinions on certain topics
A questionnaire will be provided to you in order to check your VIE (Société Générale and Business France) eligibility. For an efficient analysis of your application, please make sure to truthfully answer all the questions.
Please note that it is mandatory to provide us a formal proof of your M2 diploma validation before the assignment start date. No VIE mission will start without this document. *Grade sheets are not accepted as justification of diploma.
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.
Studies & experience:
- Graduate with a Master degree from Business/Engineering School or University with a specialization in Finance or Law
- A previous experience in Law would be appreciated
Language skills:
- Fluent in written and spoken English, with the ability to draft documentation in English
Technical, operational & soft skills:
- Good communication and interpersonal skills
- Integrity
- Ability to work independently
- Strong team spirit
Proficient command of MS Office
The VIE assignment in a nutshell
This VIE in Hong Kong 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. It will last 12 months (renewable).
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 your financial indemnities), please see Mon VIE-VIA Business France.
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.