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INTERNSHIP - Trade Commodity Finance Portfolio Analyst

Societe GeneraleNew York, NY, USAHybrid8 hours ago

  • Full-Time

  • Not provided

  • May sponsor international talent

About the job

Reference 25000OR8
Responsibilities Main responsibilities:

  • Monitor and analyze collateral activities (Borrowing Base, Transactional, Pool, REPO and GSA facilities). Maintain appropriate level of operational risk culture and awareness.

  • Performs covenants monitoring & analysis and Past due follow up: borrowing base report, financial report etc.

  • Performs and participate in periodic risk reviews with RISK department and Business Line: monthly/quarterly meeting to discuss “Borrowing Base” analysis. Prepare notes for the meeting.

  • Maintains the knowledge and technical skills of team members in commodity financing operations.

  • Participate in projects from proposal to implementation. Ensure proper testing, training and implementation of projects.

  • Maintain departmental procedures for scope and accuracy, identifying controls and implementing changes. Be vigilant to possible control issues or concerns.

  • Apply all Group rules and procedures linked to financial crime risks prevention (KYC, AML, Sanctions and Embargo, Anti-boycott) on a daily basis while processing operations.

  • Contribute to adapt rules and processes linked to financial crime.

  • Interact with other departments including Front Office, Legal, Compliance, Loan Servicing, LC department, Accounting and Payment department

Required Profile required Global Banking Technology & Operations (GBTO) US delivers day-to-day services to Global Banking & Investor Solutions (GBIS) and its clients. GBTO consists of entities composed of IT & non-IT teams working side-by-side under the same leadership. GBTO supports the goal of rolling out a services platform model, spreading the technology and data culture, shortening decision-making processes, and adopting an industrial approach to ensure secure, stable, and compliant operations, as well as continuously improving front to back processing environments. GBTO maintains production services for applications, systems, and infrastructure, facilitates entry into new markets, ensures compliance with regulatory needs, as well as business growth & development.

Skills and Qualifications: Must Have: Description of Required Competencies: Competencies

  • Business Support and Client Focus

  • Operational Excellence

Characteristics

  • Strong problem solving, analytical mindset and organizational skills; ability to prioritize and multitask.

  • Ability to work in a dynamic, deadline-focused environment.

  • Strong interpersonal skills.

  • Proactive approach.

  • Ability to work independently with minimal supervision.

  • Team player.

Technical Skills

  • Good understanding of accounting concepts (Cash, AP, AR, Net, Inventory)

  • Advanced computer skills in Microsoft Office products including MS Project, and Excel, plus collateral management system and LoanIQ.

  • Hands on Middle Office or Back Office collateral monitoring experience.

  • Special projects and management reporting skills.

Business insight Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE: At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

DIVERSITY, INCLUSION & BELONGING (“DIB”): Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

HYBRID WORK ENVIRONMENT: Societe Generale offers a hybrid work arrangement that offers employees the flexibility to work remotely, as well as on-site, in order to promote interaction and collaboration with colleagues while adhering to all SG standard protocols. Hybrid work arrangements vary based on business area. The applicable business lines will determine and communicate the work arrangements that best meet their business needs.
COMPENSATION: Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.
Diversity and Inclusion Societe Generale is an equal opportunity employer, and we are proud to make diversity a strength for our company. We are committed to recognizing and promoting the talents and achievements of our employees and staff, regardless of race, religion, color, national origin, sex, disability, age, gender, sexual orientation, and any other characteristic or status protected under applicable law.

About the company

Societe Generale
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 and its teams seek to build, day after day, 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 members of staff in 66 countries and supports on a daily basis 25 million individual clients, businesses and institutional investors around the world by offering a wide range of advisory services and tailored financial solutions. The Group is built on three complementary core businesses: - French Retail Banking which encompasses the SG and Boursorama brands. Each offers a full range of financial services with omnichannel products at the cutting edge of digital innovation; - International Retail Banking, Insurance and Financial Services, with networks in Africa, Central and Eastern Europe and specialised businesses that are leaders in their markets; - Global Banking and Investor Solutions, which offers recognised expertise, key international locations and integrated solutions. Societe Generale is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).