Early Talent Programme – Associate
Competitive Salary and Industry Leading Benefits
Virtual Assessment Centre 30th June 2022
Start Date – 3rd October 2022
APPLICATIONS NOW CLOSED
Sumitomo Mitsui Banking Corporation (SMBC) is a core member of Sumitomo Mitsui Financial Group (SMFG), a Tokyo based bank holding company that is ranked among the largest 25 banks globally by assets.
SMBC Bank International Limited (SMBC BI)
SMBC BI was established in 2003 and is a wholly owned subsidiary of SMBC and is regulated by the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). SMBC BI is headquartered in the UK and is responsible for the management and control of SMBC’s activities in Europe, the Middle East and Africa (EMEA) with a network of 25 branches, representative offices and subsidiaries. SMBC BI offers a broad range of wholesale banking products including corporate, structured and trade finance, leveraged finance, loan market and treasury products.
Through SMBC Group companies we provide a range of capital markets, securities and leasing products, thereby providing a universal portfolio of global financial services.
Working for SMBC
Long term, mutually beneficial relationships define who we are and our approach to business. We are an organisation built on a culture of collaboration, teamwork and purpose, underpinned by our core values.
We are an equal opportunity employer and welcome applicants from all backgrounds. We are committed to supporting employees in different roles, environments and life stages and we offer a competitive benefits package to our employees, including:
- Agile & flexible working
- Private medical insurance
- Enhanced paid leave for maternity, paternity and adoption, and shared parental leave and IVF support
- 6 days of paid volunteering leave
The SMBC EMEA Early Talent Programme is aimed at ambitious entry-level candidates looking to launch their career in finance. We’re in search of bright, curious, and enthusiastic individuals ready to embark on a career in Corporate and Investment Banking.
Are you a recent graduate looking to take the first step in your career? Or have you recently started your career through a different route?
SMBC’s 24-month practical training programme comprises of an initial orientation to SMBC and the Financial Services Industry, formal learning and development in partnership with The London Institute of Banking & Finance and three 8-month rotations to support you in building a holistic understanding of our front office divisions. You will undertake the following rotations:
Risk and/or Credit
Building understanding of how the business manages their credit risk and providing oversight and challenge on risk being taken through deals across our portfolio
Support building relationships, sourcing deals, understand customers through research, analysis, and due diligence
Pitching and marketing offerings, financial modelling, executing deals, building in depth product knowledge
You’ll be an active and valued team member from day one and will be challenged and supported equally. Once you’ve completed the programme, subject to a standard performance review, you will transition into a Front Office role focused on your strengths and career aspirations.
What do we need from you?
- GCSE Maths and English C/4 grade or above
- 3 A Level’s in any subject to a minimum grade of BBC/120 UCAS Points – You will have graduated from university after 2020 OR achieved a qualification equivalent to Level 4 in England Wales and Northern Ireland after 2020
- Fluency in English
- The successful candidate must be available to start in October 2022
- The successful candidate must, by the start of the employment, have permission to work in the UK
Additional valued skills/experience:
- Strong desire to launch a career in banking and finance
- Excellent time management and organisational skills
- Effective communication and teamwork skills
- Proactivity and desire to learn
- High level of IT skills, proficient in Excel, Word, and PowerPoint
Please note, this development programme is not suitable for individuals that have completed a master’s or post-graduate degree in Banking and/or Finance therefore, we are unable to accept applications from candidates with these qualifications at this time.
How will you Develop?
SMBC has partnered with the London Institute of Banking and Finance (LIBF) to deliver a best-in-class learning and training programme which will be delivered through the Level 6 Financial Services Professional apprenticeship.
You will also attain the Chartered Associate of The London Institute of Banking & Finance, an industrywide acknowledged professional designation.
You will learn through in person and online classes, webinars, industry leading speakers and your peers; and demonstrate your learning through assessments, on the job performance and project work.
Throughout the programme, you will have access to an extensive support network – Learning Tutor, Programme Manager, Rotation Manager, and a Buddy.
We do not recruit based on your CV, we recruit based on your ability and competence. Our Academy process will see you attend an exciting, challenging and informative Assessment Day where you will be able to showcase your talent. You will be assessed during tasks and in an interview before receiving full, detailed feedback allowing you to develop and learn. Job offers are made within 24-48 hours to successful candidates.
All Assessment Day’s will be held virtually online.
What’s on offer?
- Competitive salary
- Critical Illness Insurance
- Travel Insurance
- Private Medical Insurance
- Buy and sell back annual leave
- Retail Vouchers
- Life Assurance
- Plus lots more………..