SMBC Microsite - Frankfurt, Germany
Early Talent Programme – Associate
Competitive Salary and Industry Leading Benefits
Virtual Assessment Centre 28th June 2022
Start Date – 3rd October 2022
To apply please use our chat function and complete your first stage application formAPPLY
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 Group has a strong and growing international network and its strategy is to deliver long-term sustainable growth for its stakeholders.
SMBC aspires to be a true global bank, built on its Japanese heritage, and our international business is a key growth engine for SMFG Group globally. We are united by a sense of purpose towards our customers – to be a trusted partner for the long-term – and our universal banking platform in EMEA delivers a full suite of corporate finance products and solutions to our customers.
SMBC’s presence in EMEA has grown rapidly over the past decade, and our transition from a pure commercial bank to a ‘corporate and investment banking’ model has involved continuous expansion of the capabilities and mindsets of our people. Our client-facing employees are expected to have a best-in-class understanding of both commercial and investment banking products, to effectively penetrate both loan and debt capital markets, with an increasing focus on origination and distribution.
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.
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?
- Diploma qualifying for university admission
- University degree level or similar
- Fluency in English
- The successful candidate must, by the start of the employment, have permission to work in Germany
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
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 7 working days to successful candidates.
All Assessment Day’s will be held virtually online.
What’s on Offer?
- Capital Formation Payment
- Enrolment into Company Group Health Insurance
- BVV Company Pension
- 30 Days Annual Leave
- 39 Working Hours per Week