INTERNSHIP - Trade Commodity Finance Back Office

Societe Generale; Jersey City (NJ); On-site; USD 25,000 - 41,000; Part time

Job summary

Societe Generale in Jersey City is seeking a TCF Back Office Intern to support invoicing, fund application and client reporting for corporate and commodity clients. You will handle invoicing, apply funds, and process payments under syndicated deals while ensuring regulatory compliance and accurate reporting.

The role covers invoicing via the Invoicing Tool and allTRA, collaboration with compliance and front/middle office, and daily processing to support client relationships and accuracy in

Qualifications

• Experience generating invoices within billing cycles.
• Experience applying funds to accruals.
• Experience processing payments to participants on syndicated deals.
• Experience generating client reports.
• Familiarity with AML, KYC, OFAC and Anti-Boycott guidelines.

Responsibilities

• Invoicing clients via Invoicing Tool.
• Applying accruals in allTRA (twice monthly).
• Emailing invoices to clients/agents.
• Apply funds received for invoices.
• Monitor past due reports and trace for payment.
• Generate and mail client activity reports.
• Handle investigations for invoicing/reporting.
• Compile LSA/allTRA vs. LIQ reports for the Team.

Skills

Microsoft Outlook

Client focus

Results orientation

Team collaboration

Tools

Invoicing Tool

allTRA

MonTran

Fircosoft

Loan IQ

Job description

Responsibilities

The TCF Back Office Intern is responsible for the servicing the of corporate and commodity clients with regards to the above products.

• The Intern must generate invoices which are for transactions under the current billing cycle.
• The Intern must apply funds received for said invoices to close out accruals.
• The Intern must make payments to participants under syndicated deals.
• The Intern must generate client reports
• They must also efficiently process the above via the Invoicing Tool and allTRA in accordance with industry practices and regulatory guidelines (AML, KYC, OFAC, Anti-Boycott)

Reference 26000K1U

Responsibilities

The TCF Back Office Intern is responsible for the servicing the of corporate and commodity clients with regards to the above products.

• The Intern must generate invoices which are for transactions under the current billing cycle.
• The Intern must apply funds received for said invoices to close out accruals.
• The Intern must make payments to participants under syndicated deals.
• The Intern must generate client reports
• They must also efficiently process the above via the Invoicing Tool and allTRA in accordance with industry practices and regulatory guidelines (AML, KYC, OFAC, Anti-Boycott)

The function covers:

• Invoicing clients via Invoicing Tool
• Applying Accruals in allTRA (twice monthly)
• Email Invoices to clients / agents
• Apply funds received for invoices
• Monitor past due report and trace for payment
• Generation and mailing of client activity reports
• Handle investigations for invoicing / reporting
• Compile LSA / allTRA vs. LIQ reports for the Team for review
• Monitor expired items

Required

Profile required

Primary Applications:

• allTRA – Trade Finance Bank Office System
• E3F – Document Repository
• MonTran
• Fircosoft
• Loan IQ

External Clients Relationship

• Support the relationships inherent to the transaction, e.g., the applicant (borrower) and the beneficiary; Compliance; Legal; Front and Middle office for the most sensitive or complex deals
• Effectively support client relationship

Behavioral skills

Developing the business

• Results orientation: Masters technical skills required for role
• Client focus: Consistently searches for ways to improve client service

Working Together

• Cooperation: Steps forward to provide extra support to team leader and colleagues, when necessary

Technical Skills

Products

• Corporate Letter of Credit / Trade Commodity Finance products (as noted above)

IT systems

• Microsoft Office (Word, Excel, Powerpoint)

Profile

• Must have Microsoft Outlook skills (Word/Excel/Powerpoint/Access)

Business insight

Societe Generale is committed to offering an inclusive recruitment experience to all candidates. If you require any reasonable accommodations during the recruitment process, please do not hesitate to let our Recruiters know.

OUR CULTURE

At Societe Generale, we live by our 4 core values of commitment, responsibility, team spirit and innovation. We are engaged and demonstrate consideration for others. We act ethically and with courage. We focus our talent and energy on collective success. We experiment and propose new ideas. This way, we maximize our ability to serve client needs and anticipate market changes. Societe Generale is committed to strengthening bonds with colleagues, communities, and the world in which we live, because relationships are at the heart of how we operate. For more information about our Culture and Conduct initiatives, please visit this link (https://americas.societegenerale.com/en/careers/get-know-culture/)

DIVERSITY, INCLUSION & BELONGING (“DIB”)

Our DIB Mission: Recruit, develop, retain and advance a talented workforce that is united in our efforts to leverage our talent and further develop an inclusive environment that will enhance our competitive position and deliver innovative solutions to our clients. It seeks to foster an environment where employee differences are valued and where all employees feel engaged, supported, respected, and informed. For more information about our DIB initiatives, please visit this link: https://americas.societegenerale.com/en/careers/get-know-diversity/

COMPENSATION

Base salary range does not include overtime pay, bonus and/or other benefits, where applicable. Actual base salary offer will vary based on skills and experience. The role is eligible for an annual discretionary bonus and includes a competitive benefits package including 401(k) plan with company match, medical/dental/vision, and other benefits for fertility, wellness, student loans and commuters.