Coverage & Investment Banking - Analyst/Associate

Environment

Corporate Coverage within Societe Generale Corporate & Investment Banking (“SGCIB”) is responsible for managing the Bank’s global business relationships with large U.S. multinational clients. In Chicago, the Corporate Coverage team’s primary industry sectors are Diversified Industrials, Healthcare and the McDonald’s System. Currently there are approximately 33 such clients, most are investment grade, and most are well-known Fortune 100 names. The portfolio has been consistently growing over the last five years and is expected to add substantial business in the Healthcare sector throughout 2018.

Bankers in Corporate Coverage provide business lines within SGCIB and outside of SGCIB with access to client deal flow, and assist in cross-selling all Societe Generale key global products. This is accomplished through client meetings with CFOs, Treasury teams and Corporate Development teams to pitch new business. Our goal is to develop business in accordance to Societe Generale’s high standards of marginal income, healthy returns and superior quality that meet the Bank’s after-tax returns.

The business lines within SGCIB include: Corporate Credit, Mergers & Acquisitions, Strategic Acquisition Finance, Equity Capital Markets (Public Issues and Private Placements, Share Repurchase), Strategic Equity Transactions (Structured Share Repurchase, hedging of equity exposures), Debt Capital Markets (Public Issues and Private Placements, High Yield when appropriate), Project Finance, Asset Finance, Export Finance, Securitization, Foreign Exchange hedging, Interest Rate and Commodity exposures, Credit Ratings Advisory, Loan Syndications, Deposits and other investments, and Pension Fund investments. SG product teams based outside of SGCIB include local banking services (loans, cash management, hedging, etc.) through the French and International network of local banks, Cash Management, Vehicle Fleet Leasing and Management, Vendor Finance, Receivables Finance, and Securities Services.

The Corporate Coverage team’s ambition is to bring the Bank’s global capabilities and firepower to key clients and thereby make SGCIB one of their top-tier banks.

SPECIFIC ENVIRONMENT DETAILS:
Working directly with the Coverage & Investment Banking team (4 individuals) and Corporate Credit team. Working hours will vary depending on workload and time zone of clients. The team is smaller compared to other groups within the Bank, so interpersonal fit with members of the team is very important. Atmosphere at the office is professional.

Mission

Day to day responsibilities (under the supervision of the Chicago Coverage team) include but are not limited to the preparation of:

Pitch presentations (slide creation and binding)

Pre-Screening / Support Memos (business cases and client profitability analysis)

Profitability analysis (advanced Excel modeling) for prospective transactions

Acquisition finance modeling (Three-statement, Discounted Cashflow, Merger, Consolidation)

Client profile development

Special sector studies as needed

Various internal reports and operational Coverage team support

Corporate Finance data gathering on individual clients or industrial sectors

Interaction with business line product specialists on specific client initiatives

Tracking of live deal and pitch communication for current and prospective clients

Yearly budget, periodic income forecast, income correction campaigns on the portfolio

Communication with clients for periodic Know Your Client document updates

Travel for industry presentations and client meetings as needed

Profile

COMPETENCIES

Required:

Strong sense of organization
Strong research capabilities
Strong written and verbal presentation skills
Ability to write succinctly and convincingly (effective communication skills)
Ability to handle several projects at the same time (2-4 live deals or projects at once)
Ability to work under tight deadlines
Strong personal drive and self-motivation

Desired:

Ability to reason through business situations
Ability to work in different time zones with product lines
Flexibility to work hours necessary to get tasks completed
Desire to continue in the banking industry and in relationship management

TECHNICAL SKILLS

Required:

Strong Financial Accounting and Corporate Finance skillset
Mastery of Excel and PowerPoint
Excellent communication and interpersonal skills (personality fit is very important)
Fluent in English (written and spoken)

Desired:

Proficient in computer based research tools (Bloomberg, Capital IQ, Thomson Reuters)
Three-statement, DCF, LBO, Merger, Consolidation financial modeling ability
Knowledge of bank products (can be learned over time)
Ability to speak a second language (French preferred, but not required)

QUALIFICATIONS

Required:

Strong interest in finance and global capital markets

Desired:

Prior experience accounting, asset management, consulting, or investment banking

1-2 years (Analyst) or 3-4 years (Associate Y1) of prior work experience in investment banking, accounting, transaction services, asset management, or consulting