SMBC Microsite - Frankfurt, Germany
Early Talent Programme – Associate
Competitive Salary and Industry Leading Benefits
Virtual Assessment Centre 29th November 2021
Start Date – 1st February 2022
To apply please use our chat function and complete your first stage application form
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 creative 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?
This is a 24-month hands-on training programme focused on building front office capability which comprises of:
Initial orientation to SMBC and the Financial Services Industry
Building knowledge and skills through formal learning
On the job experience through three rotations:
Coverage role – support building relationships, sourcing deals, understand customers through research, analysis, and due diligence
Product role – pitching and marketing offerings, financial modelling, executing deals, building in depth product knowledge
Credit/Risk role – building understanding of how the business manages their credit risk and providing oversight and challenge on risk being taken through deals across our portfolio
Significant support through buddies, mentors, line managers and learning tutors
Cohort of likeminded peers on the same journey
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 we want from you
To be eligible to apply for this Programme you must have the following minimum qualifications:
- Diploma qualifying for university admission
- University degree level or similar
- Fluency in both German and English language
- Strong communication skills – written & verbal
- Strong interpersonal skills
- Organisation and time management
- Quantitative/ numerical skills
- Ability to work under time pressure and maintain high levels of accuracy and attention to detail
- High level of IT skills – proficient in excel, word, PowerPoint
Training & Qualification
You will spend a significant part of your time with us building the industry knowledge and technical skills which you will then apply on the job to effectively perform in your role.
SMBC has partnered with the London Institute of Banking and Finance (LIBF) to deliver a best-in-class learning and training programme.
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.
You will also attain the Chartered Associate of The London Institute of Banking & Finance, an industrywide acknowledged professional designation.
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 to you:
- Capital Formation Payment
- Enrolment into Company Group Health Insurance
- BVV Company Pension
- 30 Days Annual Leave
- 39 Working Hours per Week