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SMBC 2023 Summer Intern Program – Structured Debt and Loan Capital Markets in New York, New York

Overview

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:

Loan Capital Markets

The Loan Capital Markets Department is responsible for the structuring, underwriting, execution and distribution of syndicated loan transactions across all industry and origination groups at SMBC. LCM professionals work with and advise the front office marketing (origination) units in order to successfully pitch corporate and financial sponsor clients in a combined effort to win lead-mandates for syndicated loan facilities. Proposals to prospective clients usually involve coordination and partnership with other SMBC and Nikko (our Securities unit) product groups (Debt Capital Markets, FX, Derivatives Marketing and so on) in order to provide comprehensive, multiproduct financing solutions to our clients. Once a lead mandate for a syndicated loan is received, the LCM team is responsible for execution and distribution of loans to both banks and institutional investors.

Strategic Credit Products Department – Sponsor Finance

Sponsor Finance’s primary mission is to establish strong relationships with private equity sponsors. SFG is a well-established and rapidly growing platform in the US which will offer firsthand experience into the private equity space. Candidates will get direct exposure to underwriting transactions as well as coverage of various industries.

Strategic Credit Products Department – Portfolio Management

The Portfolio Management Group supports the bank’s leveraged loan business. The Group is primarily responsible for monitoring the credit quality for portfolio companies owned by Private Equity firms and also manages any amendment and underwriting activities to support these businesses during the tenor of the bank’s relationship.

SMBC Leasing & Finance

SMBC Leasing and Finance, Inc. (“MBC-LF) is a client-facing subsidiary of SMBC, responsible for delivering value-added, asset finance solutions to SMBC’s core customer base through bespoke leasing products, with offices in the US, United Kingdom, Germany and Australia. As a recognized market leader in advising and arranging highly structured transactions, SMBC-LF works with various companies, globally, in every industry sector. SMBC-LF’s highly structured transactions incorporate creativity and expertise in corporate finance, detailed cash flow modeling, financial analysis, accounting and asset-specific knowledge. The group’s team is comprised of driven, disciplined and energetic individuals looking for new and innovative ways to provide added value to clients through unique and creative solutions that help set SMBC apart from other financial institutions.

Why SMBC?

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

Responsibilities

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:

  • Orientation

  • 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

Qualifications

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

  • Intellectual curiosity

  • 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 2 weeks ago (7/29/2022 1:20 PM)

Career Category Summer Intern Program

iCIMS ID 2022-13221

Corporate Title N/A

Type Limited Duration Full Time (Non-Exempt)

SMBC is an EO employer – M/F/Veteran/Disability

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