Debt Capital Market Corporate - Internship

SMBC Group; Paris; On-site; EUR 12,000 - 17,000; Full time

Job summary

Sumitomo Mitsui Banking Corporation (SMBC) Group in Paris invites applications for a 6-month Debt Capital Markets internship starting January 2027. You will support deal coverage, origination and execution, prepare client materials and participate in market updates.

The role offers exposure to cross-border teams across Europe and beyond in a fast-paced finance environment. Fluency in English and French is required, along with strong analytical skills, autonomy, and the ability to work under

Qualifications

• Relevant (Business/Economics/Accounting/Commerce) degree or equivalent.
• Interest in financial markets and DCM coverage.
• Prior internship experience welcome.

Responsibilities

• Support the DCM team in deal coverage, origination and execution.
• Prepare pitch books and client presentations; maintain internal deal records.
• Assist in weekly market updates for internal and external clients.
• Support pricing and valuation of bonds and hybrid bonds; basic financial statement analysis and bond math.
• Research macro and credit market material for client presentations.
• Coordinate with syndicate/structuring/legal/compliance across Europe, US, Asia.

Skills

Fluent in English and French

Analytical skills

Team oriented

Ability to work under tight deadlines

Autonomy

Education

Business/Economics/Accounting/Commerce degree

Tools

Bloomberg

MS Office (Excel, PPT, Word)

Job description

Debt Capital Market Corporate - Internship

1 Oct 2026

Paris, FR, 75008

Who we are

Sumitomo Mitsui Banking Corporation (SMBC) Group is the 2nd largest bank in Japan and one of the largest global banks. The Group has more than 130 offices and over 100 000 employees worldwide in nearly 40 countries (incl. in New-York, London, Frankfurt, Singapore, Dubai and Paris). SMBC today is built on its 400-year Japanese heritage, and our unique culture of excellence, respect, teamwork and inclusion sets us apart. In Europe, the EMEA Division SMBC Group has its regional headquarters in London and Frankfurt and operates with a network of over 3000 employees/70 nationalities and 24 locations, including a branch in Paris of 150 employees.

We recognise that diversity of background, opinions and perspectives is vital for the sustainable growth of our organisation and benefits our customers and stakeholders. Our aim is to build an inclusive work environment where each employee feels able to be their authentic self.

Why joining our Debt Capital Markets Team?

Within SMBC’s Capital Markets Department, the DCM team focuses on supporting debt issuance for European clients by offering value-added solutions such as ESG-related bond issuance, to meet the needs of its customers. The department operates from several cities around the world including Paris, London, Frankfurt, New York, and Tokyo.

The Paris office is part of a global DCM operation and accordingly works closely with other teams, leveraging off each other. The DCM Corporate team is covering French, and other French-speaking areas, Nordics and Southern European based clients.

Joining the DCM team in Paris will be an opportunity for you to work with other capital market teams and get insights in other perks of investment banking.

The DCM team is looking for a new intern to join the team for a 6-month period starting in January 2027.

As an intern in the DCM team, you will:

• Support the DCM team in all aspects of deal coverage, origination and execution.
• Prepare pitch books and presentations for client meetings and organise internal database and deal records.
• Assist in the preparation of weekly market updates for internal and external clients, discussing bond market conditions and trends across the markets.
• Support DCM team with pricing and valuation of bonds and hybrid bonds. Credit and pricing analysis requires basic understanding of financial statement analysis, financial modelling/bond math and investment banking quantitative skills.
• Research and generate ideas for macro and credit market material for client presentations.
• Coordinate and work in conjunction with different departments (syndicate/structuring/legal/compliance) across Europe, US, Asia.

Profile

• Relevant (Business/Economics/Accounting/Commerce) Degree educated or equivalent
• Interest in financial markets and be involved in DCM coverage and transactions.
• Prior internship experience, ideally in the banking industry or in the financial sector is welcome.
• Fluent in English and French (written and spoken)
• Good knowledge of Fixed Income Market key drivers
• Proficiency in MS Office tools (Excel, PPT, Word)
• Experience with Bloomberg welcome
• Analytical skills with specific ability to communicate concepts and ideas concisely
• Ability to work under tight deadlines in a fast-paced environment
• Ability to take initiatives and work with autonomy
• Curious and self-motivated
• Team oriented
• Ability to interact with other teams and colleagues

About SMBC

A trusted partner for the long term
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, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.
Find out more about what we do and who we are at https://www.smbcgroup.com/emea/careers