RETAIL BANKING, SPECIALIZED FINANCING AND INSURANCE – PRIVATE BANKING, GLOBAL INVESTMENT MANAGEMENT & SERVICES – CORPORATE AND INVESTMENT BANKING
The General
Inspection,
the core of the
Bank’s Activities
worldwide
Societe Generale,
THE relationship
3
Our global banking strategy is based on three pillars, which
constitute the foundation for our relations with our clients:
the networks in France, our international networks, and the
Corporate and Investment Banking.
These activities are supported by two complementary
businesses – on the one hand, Specialised Financing &
Insurance and on the other hand, Private Banking, Global
Investment Management & Services – which enable us to
provide a comprehensive range of services to our clients.
All our employees share a common objective: to make
Societe Generale a leader in banking, close to its clients,
offering its shareholders sustainable, low-risk growth.
In other words, joining Societe Generale means joining
“a bank where client comes first, a bank that is a reference
on its markets, recognized for the quality and commitment
of its teams”. Join us to build the career that you strive for!
A few key figures
n 157,000employees
in 83countries*
n € 21.7billion in net banking
profits
n 7.13%of the Group’s capital
is owned by employees and former
employees
n Close to 12,000new
permanent hires throughout the world
n Basel II Tier 1 ratio: 10.7%
n The best bank in Central and Eastern
Europe
as per Euromoney
n The best export finance arranger
for the 8th consecutive year
according to Trade Finance,
the worldwide
leaderfor derivatives.
* All of the figures presented in this
document relate to 2009.
focused bank
The General Inspection:
in a few words
Within the Group’s Periodic Control Department,
the Generale Inspection conducts audit and advisory missions
worldwide on behalf of Societe Generale Senior Management.
The General Inspection is a young, highly feminized
and international team, of 130 inspectors, with around
30 new recruits hired each year.
in a few wordsThe General Inspection:
4
Join the General Inspection’s
2011 graduate programme
As an inspector,
you will benefit from
a full training
programme, attractive
compensation,
and participation in
a broad spectrum
of missions. Your
responsibilities will
grow over time.
Thanks to your broad
knowledge of
the banking business
and its techniques,
and based on your
professional and
management skills,
you will become part of
a team of high-level
managers in the Group.
Your profile
n You have a degree
from an engineering or
business school or have
completed post-graduate
studies with a specialized
Master.
n You have just started
your career or you are
a recent graduate with
some experience (or just
about to graduate).
n You have excellent
analytical skills. You
know how to pull the
key data from a mass
of information. You
have a great sense of
responsibility, you are
enthusiastic and open-
minded.
Our offer
n To introduce you to
the various businesses
of an international Group
through various missions
in France and abroad.
n To provide you
with recognized
methodologies, train
you on the fundamental
concepts shared within
the financial services
industry (financial analysis,
market finance, risk
management, etc.) and
support the development
of your management
skills.
n To rapidly entrust you
with responsibility on your
areas of work and the
management of a team.
5
three key rolesThe General Inspection:
6
1. To conduct internal audit and
advisory missions
In its audit and advisory missions, the General Inspection
evaluates all the aspects of the Group’s organization,
operations and business. Based on the challenges
identified, the resulting analyses can relate to a number
of aspects:
The General Inspection:
three key roles
n The development
strategy (commercial
policy, choice of
investments, profitability,
competitive positioning,
etc.),
n The degree of risk
control (credit and
market risks, risks
related to quality and
business security, ethical
risks, etc.),
n The organization and
management of human
resources,
n Information systems
and IT project
management,
n The quality of
administrative and
accounting management
(audit of procedures
and compliance with
prudential regulations).
Each mission, which
constitutes a true
“management audit”,
results in a written
report submitted to
Senior Management that
includes a clear, detailed
and independent
assessment of the
various aspects of the
business involved and
the actions of its senior
managers.
2. To participate
in the Group’s
strategic projects
The General Inspection
is also frequently
involved in studying
major strategic projects
for Societe Generale
Group:
n Evaluation of potential
acquisitions in France or
abroad,
n Preliminary studies for
the implementation of
major projects,
n Internal restructuring…
7
3. To propose
added value recommendations
to top management
By providing information
to senior management,
the role of the General
Inspection is key:
n Evaluations of risk
control within the
company,
n Operational
recommendations related
to short, medium and
long-term activities.
For the success of
these missions, we are
therefore seeking
talent that is able to
thoroughly grasp the
subjects analyzed in order
to devise independent
judgments, propose
strategic orientations
and operational
recommendations, and
that is also capable of
delivering strong written
and oral arguments.
Among the missions conducted:
n The evaluation of business lines or entities
within the Corporate and Investment Banking:
marketing and financing activities related to
commodities, fixed income activities, and
interest rate products,
n Audit of the retail banking business in
France (Societe Generale and Crédit du Nord
networks) and worldwide (Russia, Georgia,
Algeria, etc.),
n Audit of the private banking business
(Switzerland and Monaco),
n Audit of specialized financial services
subsidiaries (consumer credit in Brazil and
Italy) or missions of a transversal nature
(scoring tools, anti-money laundering structure
for retail banking abroad, etc.),
n Study of the bank’s transversal departments
(Human Resources, Finance, IT, etc.),
n Participation in transversal missions with
a strong strategic impact (restructuring,
acquisitions, etc.).
Close to 100 missions per year covering
all of the Group’s businesses.
The General Inspection:
leading by example
Open the door to a bright futureThe General Inspection:
8
The experience you will acquire
in the General Inspection
will open the door to
exceptional career opportunities
First class training
throughout
your career
Improved technical
knowledge and acquisition
of field experience.
Training on strategic
diagnosis and the
development of
management skills
(including participation in
a seminar dedicated to top
managers and organized
by a world renowned
university).
Support in preparing for
professional qualifications
(e.g. CFA).
Inspector
(three years)
n Training on strategic
analysis.
n Development of
management skills
(managing employees,
ad hoc seminars).
n Preparation
for professional
qualifications (optional).
n Participation in
missions (as a project
leader or deputy).
Deputy Inspector
(three years)
n Specialized seminars
(financial markets,
financial management,
human resource
management, etc.).
n Behavioural
seminars (interview
techniques,
management, etc.).
n Participation in
missions (as a team
member and a first
experience as
a project leader).
Initial training
(six months)
n Introduction to
the Group and its
businesses.
n Specialized training
(financial analysis, risk
and credit institution
management, audit
techniques, etc.).
n Participation in
missions (flexible
workload, mentorship
by experienced
inspectors).
The General Inspection:
Open the door to a bright
9
A professional
programme
designed for
the rapid acquisition
of responsibilities
n Management of missions
starting in the third year.
n Management of teams
(setting of objectives,
supervision of tasks and
evaluation).
n Regular meetings with
executives and specialists
(traders, fund managers, risk
controllers, asset managers,
IT managers, etc.).
n Presentation of
conclusions and
recommendations to senior
executives.
Joining a pool
of high-potential
managers
n Detailed knowledge of all of
the Group’s businesses.
n Acquisition and
progressive broadening of
technical skills.
n Acquisition of recognized
methodologies and
management skills.
Examples of jobs held by inspectors
after completing the programme:
n Corporate or Private Commercial
Director within Societe Generale and
Crédit du Nord networks,
n Member of the Group’s Strategic
Department,
n Derivative Product Structuring
Engineer in Hong Kong,
n Private Banking Business Manager,
n Business Manager within the
structured financing group in SG CIB’s
Maritime Financing Department,
n Cabinet Director for the Group’s
Americas Manager,
n Interest Rate Product Representative
in London,
n Market Risk Controller at
Societe Generale New York.
Close to one third of the bank’s
current Management Committee
members are former inspectors.
Access to high-level
responsibility
future
The General Inspection:
10
Recruitment process
1st
step:
Online
registration until
7 January 2011
n Applicants are invited
to register on the Societe
Generale careers and
recruitment site. Based
on the application file
submitted, successful
candidates will be invited
to proceed to step two of
the recruitment process.
2nd
step:
written
exam on
29 January 2011
n Applicants will be
invited to sit a two part
written exam (in France
or abroad): the creation
of an executive summary
and a quantitative
analysis in either French
or English.
The General Inspection:
Recruitment process
This written exam does
not require preparation,
mathematics skills
or specific banking
knowledge.
Its objective is to evaluate
the applicant’s analytical
skills and their ability
to pull key data from
massive information,
which are essential to
successfully manage
future missions.
The General Inspection:Recruitment process
Results will be anounced at the
end of April 2011
3rd
step:
assessment centre
(aptitude tests and individual
interview with a recruitment
consultant)
in mid-March
2011
n This round is
composed of an
interview with a
recruitment consultant
to define the applicant’s
motivations and qualities
for this programme
based on a behavioural
aptitude test.
4th
step:
panel interview
end March –
end April 2011
n Before a jury
composed of Societe
Generale Group
executives, the
applicant will present
his or her conclusions
on a business case,
then answer the jury’s
questions.
RETAIL BANKING, SPECIALIZED FINANCING AND INSURANCE – PRIVATE BANKING, GLOBAL INVESTMENT MANAGEMENT & SERVICES – CORPORATE AND INVESTMENT BANKING
Visit
inspection.societegenerale.com
for more information on the General Inspection
(practical details and testimonials) and to apply
online imperatively
BEFORE 7th January 2011,12:00PM GMT
Please address any query to:
recrutement.inspection@socgen.com
Ref.(C)708868VA­­­–StudioSociétéGénérale+33(0)142142705–000318
Créditphotos :CyrilleDubreuil,AlexandreSargos,PascalQuennehen,BenoîtRoland,FlorenceDaudé,ArnoLam,ÉricTourneret–08/2010