Early Talent Programme – Associate
£50,000 Salary and Industry Leading Benefits
Virtual Assessment Centre 26th November 2021
Applications closed – we are no longer accepting new applications
Start Date – 1st February 2022
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 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:
- GCSE Maths and English C / 4 grade or above
- 3 A Level’s in any subject to a minimum grade of BBC and 112 UCAS Points.
- 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
- Fluency in a language (or languages) relevant to the Bank’s countries of operations – strong advantage
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 which will be delivered through the Level 6 Financial Services Professional apprenticeship.
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 24-48 hours to successful candidates.
All Assessment Day’s will be held virtually online.
What’s on offer to you:
- £50,000 salary
- Critical Illness Insurance
- Travel Insurance
- Private Medical Insurance
- Buy and sell back annual leave
- Retail Vouchers
- Life Assurance
- Plus lots more………..