Debt Capital Markets - Intern (m/f/d)

Job Description:

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who 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, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA? We're looking for a Debt Capital Markets Intern to join our Corporate Debt Capital Markets (EMEA) team in Frankfurt.
This internship offers hands-on exposure to the origination and execution of bond transactions for leading investment-grade corporates, working closely with experienced professionals across Europe and global hubs.

In this role you will be responsible for:
* Supporting the origination and execution of primary bond issuances across EUR, USD and adjacent markets
* Monitoring bond and credit market developments and contributing to daily market updates
* Assisting in the preparation of client presentations, pitchbooks and pricing materials

For you to succeed in the role, you'll need to have:
* Strong interest in capital markets, particularly bonds and credit markets
* Excellent analytical skills with attention to detail and a proactive mindset
* Strong communication skills and the ability to work effectively in a team environment

Position Description

About this role:
As part of SMBC's Corporate Debt Capital Markets (EMEA) team, this internship supports the bank's growing footprint in the European investment-grade bond market. The role works closely with DCM originators, syndicate, sales & trading and other international corporate and investment banking teams to deliver tailored financing solutions to corporate clients across multiple sectors.
You will interact with stakeholders across Frankfurt, London, Paris, New York, Tokyo and other global locations.

Our role will enable you to:
* Gain end-to-end exposure to the bond issuance process, from origination to execution
* Contribute to relative value analysis and pricing discussions for senior and subordinated hybrid bonds
* Prepare market and transaction materials used in live client discussions
* Support senior team members across deal flow and ongoing client coverage

What will you bring to the role?
* Currently studying finance, economics, business or a related discipline
* Solid understanding of financial markets; prior exposure to DCM, investment banking or capital markets is advantageous
* Advanced skills in PowerPoint and Excel
* Availability for ideally 6 months starting anytime in the second half of 2026

Competencies

Customer Focus
Driving Change
Driving Results
Embraces Diversity
Enterprise Leadership
Judgement and Decision Making
Risk Management
Strategic and Visionary
Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well-bring and work-life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

As an employee of SMBC you have access to a host of both useful and exciting benefit offerings. See below some of the benefits on offer to you:
* Hybrid and flexible working
* Competitive paid leave days
* Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
* Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
* Access a wide range of learning and development opportunities and career progression opportunities
* Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under-represented in financial services. We value the uniqueness of professional and personal, backgrounds and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long-term condition whenever requested