Investment Banking Intern
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Job Description
About Raymond James
Raymond James is one of the largest independent financial services firms in the United States. Headquartered in St. Petersburg, Florida, it’s a diversified holding company offering financial services to individuals, corporations, and municipalities. These services primarily involve investment and financial planning, capital markets, and asset management, delivered through its subsidiary companies. The company emphasizes building an inclusive and diverse workforce, prioritizing associate development and growth through programs, mentorships, and continuing education. Raymond James values a culture where all associates feel welcomed, valued, respected, and heard. They are an equal opportunity employer.
Job Description: Investment Banking Intern
This internship offers a high level of responsibility within a specific industry or product-focused team. Under administrative direction, interns work with various financial products, including public and private debt and equity financings, mergers and acquisitions, and financial advisory. The internship is designed to enhance financial analysis skills, build understanding of capital markets and clients, and foster idea generation.
Essential Duties and Responsibilities:
• Develop financial models to assess debt and equity financing alternatives for transactions.
• Perform valuation methodologies (e.g., comparative company analysis, discounted cash flow analysis) on target companies.
• Contribute input to equity offerings, valuations, private placements, and mergers and acquisitions advisories.
• Research, analyze, present, and document drafting elements of developing transactions.
• Collaborate with Senior Bankers to develop client presentations.
• Monitor current events in relevant industry groups to inform Bankers of critical news impacting current and prospective clients.
• Maintain group databases.
• Perform other duties as assigned.
Qualifications:
• Knowledge: Fundamental concepts, practices, and procedures of Investment Banking; fundamental investment concepts, practices, and procedures used in the securities industry; financial markets and products.
• Skills: Effective oral and written communication; analytical skills to assess and explain market events; problem-solving; proficiency with standard office equipment and software (including Microsoft Office and established databases); ability to gather information, identify linkages and trends, and apply findings to reports; attention to detail with a big-picture perspective; ability to work independently and collaboratively; responsibility and accountability; ethical adherence; proactiveness; ability to manage multiple tasks with changing priorities in a fast-paced environment; ability to establish and maintain effective working relationships.
• Education/Experience: Must be legally authorized to work in the US without visa sponsorship. Currently enrolled in an accredited undergraduate or graduate degree program, or equivalent combination of experience, education, and/or training approved by Human Resources.
• Licenses/Certifications: None required.
Raymond James Guiding Behaviors and Values: The company emphasizes five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) reflecting core values of client-first, integrity, independence, and a conservative, long-term view. Associates at all levels are expected to grow professionally, work collaboratively, make sound decisions, take ownership, and contribute to continuous improvement. The company highlights its people-first culture, valuing diversity and inclusion.
