Job&Internship Posting

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.

 

POSITION OBJECTIVE

1. Production and submission of Local Report to BOK and FSS
2. Computation and monitoring of FX position limit and capital for single lending limit on daily basis
3. Follow-up and communication of regulatory updates
4. Updating SnS mapping and layout of local report according to new requirement by local regulator
5. Validating account substantiation (BCT)

 

PRINCIPAL RESPONSABILITIES

 

Daily Obligation

 

1. Monitoring of Suspense account, INDIV account, Off-market deals on daily basis
2. Daily BS/ FBS preparation
3. Calculation and Monitoring of FX position limit and capital for single lending ratio
4. Production and submission of daily local report to BOK including BOK reserve report on time with accuracy
5. Production and submission of 10-day reports to BOK

 

Monthly /Quarterly Obligation

 

1. Average BS preparation
2. Production and submission of Monthly and Quarterly reports to local regulators on time with accuracy (BOK FX reports, FSS FINSE reports).
3. Tax filings – Education tax, Bank levy, VAT support, other business tax payments.
4. Monitor and communicate with relevant teams to clear breaks which have impact to local financial.
5. Control and substantiation for all E2Ks under SG Seoul on BCT with checking remaining balance on GL and supporting document

 

Yearly and Occasional obligation

 

1. Enhance and automate local regulatory report into SNS system as part of 3RP controls
2. Update procedure and working files for reporting quality improvement
3. Back-up other colleagues’ daily or ad-hoc tasks during their leaves
4. Ad-hoc reports by local regulators on a timely manner
5. Support EOY audit and corporate tax return

Support regulators’ audit such as BOK, FSS, NTS, if any

 

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.

 

How to apply

Click on the below link:

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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