2021 Summer Intern Program – Strategic Credit Products, Portfolio Management

Website Sumitomo Mitsui Banking Corporation

1001-5000

Summary

Overview 

The Strategic Credit Products Department, Americas Division (“SCAD”) offers leveraged financed solutions to clients including Private Equity firms related to large-cap and middle market LBO transactions and to support Asset Manager clients including large BDCs and other institutional lenders involved in middle market leveraged finance transactions. The group arranges, structures, distributes and holds a portion of risk on all of its transactions. Products include leveraged and syndicated loans, fixed income, securitization and asset backed financings.

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

Who We Are

Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. In the Americas, we are more than 3,000 employees strong with a presence in the U.S., Canada, Mexico, Brazil, Chile, Colombia, and Peru. Built upon a foundation that leverages the perspective of more than 400 years of history, our Japanese heritage affirms a sense of honor and commitment that is increasingly rare in the financial world. Our deeply-held values of service, respect, and integrity are present in everything we do. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, we offer a range of commercial and investment banking services to our corporate, institutional, and municipal clients. We connect a diverse client base to local markets and the organization’s extensive global network.

As we continue to grow our presence in the Americas, SMBC is looking for talent to support our business goals. We encourage ongoing professional development and the success of our employees as SMBC continues to service its clients around the globe.

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

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.

Our Summer Intern Program offers a hands-on experience in one of the following business area:

  • Strategic Credit Products, Portfolio Management

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 internship program culminates in a collaborative case study where the interns will apply the analytical, communication, and presentation skills they have developed over the course of the summer.

Our Summer Intern Program is an excellent gateway to our full-time Analyst Program.

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
  • Case Study project presented to senior leaders
  • 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 ofDecember 2021 or May 2022; 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

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG’s shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization’s extensive global network. The Group’s operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC Rail Services LLC, Manufacturers Bank, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
SMBC is an EO employer – M/F/Veteran/Disability

Seniority Level

Internship

Industry

  • Banking
  • Financial Services
  • Information Technology & Services

Employment Type

Temporary

Job Functions

  • General Business
  • Finance
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