Asset Finance Summer Intern

SUMITOMO MITSUI TRUST BANK, LIMITED • New York, NY

6h • Hybrid

About The Position

The Asset Finance Team within the Global Banking Unit (“GBU”) is seeking an intern to support activities relating to general research, credit analysis, financial modeling, and monitoring covering the Transportation sector. The internship is designated to give a candidate a glimpse into the world of corporate finance to global airlines and aircraft lessors as well as financing of aircraft under various structures and provide knowledge 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 the Transportation sector, credit analysis, demonstrate problem solving skills using logic and critical thinking, and thrive in a fast-paced environment using data to provide optimal results.

Requirements

• 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.

Nice To Haves

• Strong interest in the Transportation sector
• Demonstrate problem solving skills using logic and critical thinking
• Thrive in a fast-paced environment using data to provide optimal results

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.

Benefits

• Hybrid working model
• Socialization opportunities for wellness, financial wellbeing, runs/walks, team building, happy hours, and activities to support the Sustainable Developmental Goals.

What This Job Offers

• Career Level: Intern
• Education Level: Associate degree