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Is this for the trainee role in London? Recently applied as well but haven’t got an interview in which case suspect I might be dinged. Anyways my understanding is that the coverage team isn’t particular technical (as this is corporate banking not IBD) so maybe some basic accounting questions and questions about how you’d assess a company’s credit worthiness. I’d expect the interview to be pretty behavioural as opposed to technical. Had an interview for a similar team at JPM and was asked to pitch a company I’d lend to so have something like this in your back pocket for sure. Would probably also be useful to know what’s happening in the credit market right now (i.e. rates being high and what this means for credit products). Also definitely read up on the different products that SocGen offer and understand them and when they are used (Trade Finance, RCF’s etc).

 
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Nope wasn’t in London was for their Dubai office for an off cycle intern role, but I’d expect it to be similar. Regardless the role itself isn’t very technical as you’re not building complex models as you’re lending in less riskier parts of the cap structure (Senior Secured mostly from what I know) & the companies are all IG rated. Coverage especially is mostly relationship management so whilst you need to understand all the products the bank offer and the credit underwriting process it’s not the main part of your job. I’d focus less on technicals and more on behaviourals and fit.

Worth noting I’ve heard a lot of horror stories about SocGen’s trainee program, apparently impossible to get a return offer and comp is insanely low with basically no bonus at the end of the 12 months (I imagine this is probably worse in Coverage) but if someone that works there or has done the program could chime in that would be helpful.

 

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