SMBC 2023 Summer Intern Program – Coverage & Financial Institutions Group in New York, New York
What is the Opportunity?
SMBC hosts a 10-week Summer Intern Program for undergraduate students who will have the opportunity to work on teams, be exposed to significant firm-wide projects within their respective business areas and support a range of deals with our clients.
We offer many different opportunities including building financial models, developing client presentations, conducting research, and observing client meetings – all to improve their understanding of the global banking industry.
Our Summer Intern Program is an excellent gateway to our full-time Analyst Program.
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We are currently hiring into the following areas:
Corporate and Investment Banking Coverage – Corporate Solutions Group
The Corporate Solutions Group (CSG) augments our client coverage efforts by generating timely and relevant ideas that provide SMBC’s clients with best-in-class advice and solutions regarding capital structure, ratings, liquidity, debt capacity, M&A finance, and more using a product agnostic approach. A career in CSG is one that offers a high level of interaction with key client decision makers, as well as with colleagues throughout the bank in various product groups including loan, debt & equity capital markets, derivatives and investment banking as well as client & product teams in Tokyo, London, and Singapore.
Corporate and Investment Banking Coverage – Coverage
The U.S. Corporate & Investment Banking Department (CIBC) acts as SMBC’s primary point of contact to find creative solutions to client needs, build long term relationships, and promote SMBC’s full suite of financial products and services. It’s our job to make sure clients experience seamless coverage across the entire bank. A career in CIBC coverage is the only one that collaborates across all products and across our broad geographic footprint. As the first line of defense, it is our job to protect the balance sheet and make sure that capital is allocated to find the best balance of risk and reward.
Corporate and Investment Banking Coverage – Sustainable Finance and Advisory Group
The Sustainable Finance & Advisory Group supports our clients across the Americas and across all products with implementing ESG and sustainability strategy, principally through integration into financial products such as green bonds, sustainability-linked loans and related instruments. The SFA Group is one of the bank’s newest teams, responding to and helping drive the megatrend of ESG and financial integration.
Financial Institutions Group (GFIG)
The Financial Institutions Group offers comprehensive banking solutions to our clients by leveraging the strength of SMBC Group, our products and services, and our global platform. We work closely with product partners across the firm, serving as the primary point of contact for our clients to connect them to the broader SMBC Group, while acting as an advisor to our clients and recommending the best financial products for their needs. Our FIG team is a rising market leader, covering funds, sponsors, and various specialty finance companies
At SMBC, we connect the diversity of our employees to the resilience of our firm. We strongly encourage an inclusive environment so that our staff can be their authentic selves and fully thrive in their roles. It is our belief that diversity is not only about demographic differences but also of thought, knowledge, skills, and culture. The acceptance of such diversity strengthens each one of us and is essential to the success of our firm. We are deeply committed to attracting and retaining a high-performing, talented, and diverse workforce.
We are a market leader. The evolution of SMBC’s products and services is driven by the ever-changing needs of companies across the globe in every industry sector. SMBC takes market-leading positions and has been consistently recognized in the banking industry for providing outstanding financial services.
Our corporate relationships are built on trust. To successfully navigate an uncertain economy while also capitalizing on the opportunities that rise, clients count on SMBC to take a long-term view that emphasizes stability and attention to the numbers. This approach has served our clients well.
Our competitive advantage:
A strong client base with broad coverage of the Fortune 500
Worldwide operations enable us to provide clients with global solutions, make SMBC the leading choice for U.S. businesses expanding in Asia
A solid balance sheet and conservative approach
How Our Program Works
Our Summer Intern Program is designed for students who completed their junior year.
This 10-week program commences in June and includes:
Training with on-the-desk experience
Senior Speaker Series
Japanese cultural activities
Social networking activities
Volunteer Day with a local nonprofit
Mentorship opportunity with both a junior and senior mentor at SMBC
The successful candidate will possess or demonstrate the following personal and professional attributes:
Currently pursuing an undergraduate degree from an accredited university with a graduation date of December 2023 or May 2024 ; excellent academic record
Exceptional written and verbal communication skills with specific ability to communicate concepts and ideas concisely
Financial modeling/valuation and analytical skills; keen interest in finance and markets
Ability to comfortably interact with clients in a professional and mature manner
Outstanding ethics, integrity, and judgment
Comfort in and commitment to a strong teamwork environment
Highly organized, detail oriented, self-driven, and motivated
Advanced Word, Excel, and PowerPoint skills and the ability to quickly learn new software applications
Job Locations US-NY-New York
Posting Date 3 weeks ago (9/9/2022 12:40 PM)
Career Category Summer Intern Program
iCIMS ID 2022-13217
Corporate Title N/A
Type Limited Duration Full Time (Non-Exempt)
SMBC is an EO employer – M/F/Veteran/Disability
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