Global Market Unit Summer Intern

SUMITOMO MITSUI TRUST BANK, LIMITED • New York, NY

3d • Hybrid

About The Position

The Global Market Unit (GMU) is seeking a summer intern to support Market Making, Investment, and Asset Liability Management (ALM) activities. The internship offers exposure to day-to-day banking and market-related work, including trade processing, cash flow management, position and profit-and-loss reconciliation, and preparation of periodic and on-demand reports. The intern will support trade captures and trading activity reports and learn about risk calculations and compliance. There may be opportunities to participate in strategy meetings where investment decisions are determined. The Bank seeks an eager, self-driven individual with a strong interest in finance and markets, sound problem-solving and critical-thinking skills, and the ability to work with data in a fast-paced environment.

The position is located in New York City and requires at least two days per week in the office. The role supports the GMU’s Market Making, Investment, and ALM teams under the oversight of a senior trading assistant.

Requirements

• Be working toward a bachelor’s degree or equivalent in finance, economics, or a related business program.
• Have an understanding of financial markets.
• Be proficient in Microsoft Office, with strong Excel skills.
• Have excellent verbal and written communication skills.
• Have excellent problem-solving skills.
• Have good business mathematical skills and the ability to calculate quickly.
• Have strong analytical and organizational skills.
• Be able to work independently and as part of a team.

Responsibilities

• Provide general support to Market Making, Investment, and ALM teams in their daily operations under the oversight of a senior trading assistant.
• Support improvements to GMU operational workflows to reduce operational burden and irregularities.
• Support the planning and execution of GMU tasks.
• Compile research, analysis, and charts for weekly market strategy meetings.
• Build relationships with FORMAT, Back Office, Middle Office, and other departments to help resolve trade-related issues.
• Gather data and prepare necessary periodic and on-demand reports and documents.
• Follow all compliance-related procedures.
• Assist with data maintenance and GMU-related administrative tasks.
• Perform other duties and responsibilities as assigned by management.

Benefits

• Hybrid working model, with in-office and work-from-home arrangements when the business and role permit.
• Socialization opportunities related to wellness, financial wellbeing, runs and walks, team building, happy hours, and activities supporting the Sustainable Development Goals.
• Reasonable accommodations for employees and applicants with disabilities consistent with applicable law.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern