About the Bank
Sumitomo Mitsui Trust Bank, Limited was established through the merger of The Sumitomo Trust and Banking Co., Ltd with Chuo Mitsui Trust and Banking, Ltd. on April 1, 2012. We are one of the largest asset managers in Asia and number one among Japanese financial institutions by AUM, with approximately $850 Billion USD in AUM. The Bank provides an assortment of financial solutions and manages a broad spectrum of financial products across its global branches.
Overview
The Americas Division (“AD”) was established in the Sumitomo Mitsui Trust Bank, Limited, New York Branch) (“SMTBNY”) to perform corporate functions and supervise U.S. entities. Established under the AD are the “Global Banking Unit (“GBU”), Americas Division” and “Global Markets Unit (“GMU”), Americas Division” which performs business functions.
Position Overview:
The Global Banking Unit (“GBU”) is seeking an Intern to support activities relating to general research, credit analysis, financial modeling, and monitoring. The internship is designated to give a candidate a glimpse of day-to-day activities related to credit analysis, underwriting, financial modeling, and portfolio management within multiple product areas. The Bank is seeking an eager, self-driven individual who wants to continuously learn and develop. Candidates should have a strong interest in finance and credit analysis, demonstrate problem solving skills using logic and critical thinking, and thrive in a fast-paced environment using data to provide optimal results.
The departments seeking an Intern are Specialty Finance (Trade and Commodities/Aviation), Specialty Finance (Project Finance), Real Estate Finance, Fund Finance, and Investor Services and Business Solutions.
Duties and Responsibilities:
- Support in the preparation of credit analysis and/or industry reports by analyzing company filings and presentations, financial statements, consultant reports, etc.
- Participate in the underwriting process, including analyzing relevant deal risks, performing financial analysis of key counterparties, reviewing financial models, conducting risk ratings, and assisting in the preparation of credit applications.
- Work on portfolio management activities such as processing amendments and waivers, annual credit reviews, rating reviews and other reports.
- Assist in data maintenance.
- Perform other duties and responsibilities as assigned by management.
Knowledge, Skills, and Abilities:
- Bachelor’s degree or its equivalent in finance, economics, or related business program or working towards such degree.
- Possess an understanding of financial markets and desire to perform financial statement analysis.
- Proficient in Microsoft Office with some financial modeling capabilities.
- Good research skills and knowledge of commonly used research resources, including Bloomberg, EDGAR, and rating agencies.
- Excellent communication skills.
- Excellent problem-solving skills.
- Strong analytical and organizational skills.
- Ability to work independently and as part of a team.
Why you should join SuMi Trust:
SuMi Trust embraces flexible ways of working when the business and role permits. We provide employees with a hybrid working model, allowing for in-office work and work from home. Our diverse and inclusive environment along with our global presence enables us to collaborate and communicate to meet our business needs. We believe that efficient teams need truth, loyalty, and a strong sense of purpose to balance risk and their targets. We make sustainable business decisions to improve our society and the world. We believe that each person brings a unique value that drives the business though their creativity and passion.
- We offer many socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.
- Check out our LinkedIn for our employee experience: https://www.linkedin.com/company/smtbny
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law. SuMi Trust provides reasonable accommodations for employees and applicants with disabilities consistent with applicable law. If you need a reasonable accommodation during the application process, please let us know when the Human Resources staff reaches out to you for an interview.