FAQs
What is the primary focus of the Asset Backed Product (ABP) division?
The primary focus of the Asset Backed Product (ABP) division is to provide engineering, distribution, and trading of asset-backed securitized products, trade receivables, and structured loans, specifically targeting clients such as Corporates, financial institutions, insurance companies, and various investors.
What are the main responsibilities associated with the Trainee position in the ABP division?
The main responsibilities include assisting in transaction origination and execution, contributing to transaction monitoring, developing technical expertise in ABP products, conducting market intelligence, preparing transaction documents, and collaborating with internal and external teams throughout the transaction process.
What types of transactions will a Trainee be involved in?
A Trainee will be involved in various transactions including securitisation transactions (like ABS and RMBS), principal finance solutions, funding transactions secured by securitisation or market loans, repo or TRS transactions, and risk transfer mechanisms.
What skills are required for the Trainee role in ABP?
Required skills include knowledge of capital markets, quantitative expertise in data analysis and cash-flow modeling, strong analytical and computer skills (especially in Excel and Bloomberg), the ability to generate clear and structured pitch materials, and a solid understanding of risks associated with the asset-backed products.
What educational background is preferred for the Trainee position?
The ideal candidate should hold a degree or equivalent in Business/Finance or a Science-related subject, with a minimum classification of 2:1. Knowledge of securitisation gained through an internship or similar experience is advantageous.
Is knowledge of any specific languages beneficial for the Trainee role?
Yes, fluency in English is essential, and knowledge of French or Spanish is considered a plus for the role.
How does Société Générale emphasize its corporate culture for employees?
Société Générale promotes a culture focused on impact, community, respect, and team spirit, encouraging open-mindedness, collaboration, innovation, and a commitment to building strong relationships within the team and with clients.
What is the expected career progression after completing the Trainee program?
While the job description does not specify an exact career path, it is typical for successful trainees in such divisions to advance to junior analyst roles or similar positions within the firm, gaining greater responsibility in transaction execution and client relationships.
What are the geographical areas a Trainee will focus on while working in the ABP division?
The Trainee will particularly focus on clients based in the UK, Spain, the Netherlands, or Germany.
How can candidates apply for the Trainee position?
Candidates who feel they have the required experience and qualifications are encouraged to apply through the SG Resourcing Team, which will manage the application process.