Legal Trainee

Job description

Responsibilities

Description of the Business Line or Department

The Legal Department in London (SEGL/JUR London) primarily provides legal advice and support to all London based investment banking business lines and those businesses forming part of the SG Group in the UK. It is divided into the following teams/areas of expertise: (i) Corporate Finance; (ii) Global Finance (sub- divided into Structured Finance, Financial Engineering, Trade Finance and Commodities); (iii) Markets (sub-divided into Structured Products, Debt Capital Markets and Islamic Finance); (iv) Master Agreements; (v) Prime & Securities Services; (vi) Financial Services Regulation; (vii) Employment; (viii) Shared Internal Legal Services (incorporating Commercial and IT Contracts, Global Transaction Payment Services and Company Secretarial); and (ix) Data Protection.

The Legal Department is responsible for identifying and analysing legal and commercial issues, including communicating advice clearly and effectively, as part of an overall responsibility for managing and overseeing legal risk for the businesses supported. The Legal Department is also responsible for managing conduct risk within the Legal Department, promoting a positive culture of good conduct and compliance and contributing to the management of conduct risk throughout the businesses supported.

The Legal Team Prime Services (PRM) is responsible for amongst other things:

· 
developing negotiation policies for all agreements governing the services, products and transactions offered by Prime Services;

· 
drafting and maintaining standard templates in relation to its brokerage and clearing activities;

· 
overseeing negotiation and drafting of trading, clearing and prime brokerage documentation, including derivatives clearing documentation, prime brokerage agreements, broker terms of business and financing agreement, trading agreements together with ISDA documentation, GMRAs, GMSLAs and other master agreements relating to activities conducted by SG booking entities or their successors;

· 
drafting of the documentation and structuring transactions.

PRM is a global team with teams in London, Paris, NY and HK.

Summary of the key purposes of the role

· 
Drafting legal agreements for the Prime Services business line

· 
Assisting the Prime Services business line in relation to legal and regulatory requirements

· 
General assistance to lawyers in daily activities

Summary of responsibilities

· 
Drafting of Give-up agreements

· 
Drafting of Terms of Business

· 
Drafting of confidentiality agreements

· 
Drafting of ISDA Agreements

· 
Drafting of GMRAs and GMSLAs

· 
Carrying out research

· 
Assisting in relation to Dodd-Frank requirements

· 
Assisting in relation to EMIR requirements

· 
Updating the legal documentation database

Profile Required

Competencies

· 
Communication skills

· 
Analytical skills

· 
Organisational skills

· 
Flexibility

· 
Ability to make decisions

· 
Adaptability

· 
Teamwork

· 
Ability to work under pressure

· 
Enthusiastic

· 
Pro-active

· 
Confident

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: 19000SCF
Business unit: SG CIB
Starting date: 25/11/2019
Date of publication: 16/10/2019