Debt Capital Market FIG - Internship

SMBC Group; Paris; On-site; EUR 12,000 - 18,000; Full time

Job summary

SMBC Group in Paris is hiring a 6-month intern for its Debt Capital Markets team, starting January 2027. You will support deal coverage, prepare client materials and market updates, and assist in pricing across currencies.

The role requires a relevant business/economics/commerce degree, fluency in English and French, and strong analytical skills. Prior banking internship is welcome; the internship must be school-conventioned.

Qualifications

• Degree in business, economics, accounting or commerce.
• Interest in financial markets and DCM coverage.
• Prior banking internship is welcome.

Responsibilities

• Support the DCM team in deal coverage, origination and execution.
• Prepare pitch books and client presentations; manage deal records.
• Prepare weekly market updates on bond market conditions and trends.
• Assist in pricing and valuation of bonds across products and currencies.
• Research macro and credit market ideas for client materials.
• Coordinate with syndicate, structuring, legal and compliance teams.

Skills

Fluent English

Fluent French

Analytical skills

Autonomy

Team oriented

Communication

Interest in financial markets

Education

Relevant degree in Business/ Economics/ Accounting/ Commerce

Tools

Bloomberg

Excel

PowerPoint

Job description

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 and widespread distribution capabilities 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 FIG team covering European Financial Institutions is spread out between London and Paris.

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 FIG 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 across products and currencies. Credit and pricing analysis requires basic understanding of financial statement analysis, rating 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 tocommunicate 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

What's next ?

Please note that your internship must be covered by a convention with your school.

In case you are selected for this role, further documentation will be requested from you to support your hiring process.

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