Treasury Assistant Trainee

Job description

Responsibilities

Description of the Business Line or Department

Societe Generale Private Banking represents the wealth management arm of Societe Generale, managing over EUR110bn of assets. With 2,100 staff in 13 countries across the globe, Societe Generale Private Banking (“SGPB”) is a worldwide private bank with a strong European base, offering wealth management solutions to entrepreneurs and High Net Worth Individuals.

Kleinwort Hambros is part of the SGPB network, offering specialist banking and wealth management services to domestic and international clients through the UK and related offshore markets (Channel Islands and Gibraltar).

You have the opportunity to join as a Trainee within the Treasury Department, which is responsible for the practical management of the Bank's Balance Sheet and proprietary risk positions. The role is based in the Bank's dealing room, within which the team interacts with financial markets in order to manage the Bank's liquidity, FX, Interest Rate and Institutional Credit risks.

The role gives you the opportunity to gain experience within the dealing room of a Private Bank (Kleinwort Hambros), giving you a broad experience in the day-to-day practicalities of managing a Bank's Balance Sheet and financial risk positions within the Private Banking industry. Furthermore, as the Bank is a subsidiary of Societe Generale, you will have the opportunity to learn how risk and ALM processes are applied by a global Banking Institution.

Summary of the key purposes of the role

Assist the Treasury team with:

· 
Investment portfolio analysis (e.g. yield analysis, risk analysis, etc.);

· 
Management Information (regular updates to EXCO, ALCO, board);

· 
Monitoring Activities (e.g. Interest risk positions, portfolio allocation, First Line of Defence compliance, etc);

· 
Assisting in Asset & Liability Management processes, such as Funds Transfer Pricing;

· 
Supporting treasury and bank-wide Projects.

Summary of responsibilities

· 
To produce and develop the analysis of the Bank's/Desk's risk positions, such as FX positions, Interest Rate Risk Positions, Investment Portfolio allocations, P&L, etc.

· 
To assist in the production of Management Information, such as for the SG Group Treasury Committee, local ALCO and add hoc presentations to key stakeholders.

· 
To assist the Treasury in their day-to-day activities, involving interaction with various counterparts across the Bank (e.g. Middle Office, Back Office, Private Bankers, Finance, Risk, Credit, etc).

· 
To work co-operatively with other stakeholders on shared responsibilities, such as the development and implementation of the Bank's Funds Transfer Pricing mechanism.

· 
The employee must know and comply with the regulations, rules and procedures, internal and external that apply in the context of its function and follow the compulsory training.

· 
Perform all duties in accordance with the principles outlined in the SG Code of Conduct, as well as the policies and procedures relevant to your responsibilities, to ensure that you adhere to a culture that treats clients fairly and focuses on the long-term sustainability of client relationships.

Profile Required

Competencies

· 
Individual contributor competencies as defined in the SG Leadership Model

· 
Professionalism and Enterprise

· 
Team spirit and collaboration

· 
Innovation with focus

· 
Knowledge of legal regulatory and industry requirements

· 
Decision making

· 
Numeracy

· 
Planning and organisation

· 
Reliability

· 
Strategic and commercial awareness

Work experience

Experience that demonstrates that the candidate has:

· 
An attention to detail;

· 
An ability to work under pressure;

· 
An ability to interact with other stakeholders and teams on technical subjects, with an understanding of the counterpart's level of understanding or perspective;

· 
An ability to be self-directed and apply initiative.

Education

Necessary:

· 
Academic qualifications related to Finance/Economics, or engineering with a specialisation in Finance

· 
Strong knowledge in Microsoft pack (Excel, Word, Access) , VBA and ideally SQL is ideal.

Desirable:

· 
Systems skills (Microsoft applications, Bloomberg, Kondor+).

Languages

English – Fluent: The intern will interact almost entirely with English native speakers.

Why Join Us

If you feel you have the required experience and qualifications, then please apply to the SG Resourcing Team, and we will manage your application. At Societe Generale, we believe our people are our strength and are core to the success of our business. As such, we search for, recruit and appoint the best available person on the basis of aptitude and ability, regardless of sex, marital or civil partnership status, race, colour, nationality, ethnic or national origins, pregnancy, disability, age, sexual orientation, religion, belief or gender reassignment

Business Insight

People join for the impact they can have on us. They stay for the impact we have on them. A flatter structure offers visibility and exposure beyond that of our competitors, so you know our names, and we know yours. It's personable, human, and inspires success through passion. By encouraging open mindedness and a willingness to share ideas, we have adapted to market changes and thrived through innovation. Bringing words like “hard work” and “dedication” together with “community” and “respect” has enabled us to work collaboratively and build our future together. We call this Team Spirit and it's what makes us different. It's what makes you different.

All our positions are open to people with disabilities

Job code: 19000NSW
Business unit: Kleinwort Hambros
Starting date: Immediate
Date of publication: 08/10/2019