About The Position
The Truist Securities Summer Analyst Program will run for approximately 10 weeks in the summer months. The Summer Analyst Program will consist of: Activities: Networking socials, case studies and presentations, team-building projects Executive Speaker Series: CEO, Truist Securities Senior Leaders, among others Community Service: Opportunities to participate in various volunteer initiatives are provided and involvement is strongly encouraged The opportunity to interact with other groups and disciplines throughout the investment bank. Competitive Summer Analysts will be eligible to receive an offer to return in full time positions as part of our Analyst program upon graduation. The Summer Analyst program provides the opportunity to gain exposure to a number of disciplines within investment banking and capital markets. Interns will sharpen financial analysis skills, develop an understanding of corporate markets and clients, and gain experience in corporate finance and with investment banking products through on-the-job training. Within each group, Summer Analysts play a meaningful role in supporting internal and external clients. Assignments will be within our Securitized Products Group (SPG), with the opportunity to interact with other groups and disciplines throughout the investment bank. The Securitized Products Group provides highly structured debt capital solutions to growing companies across a variety of industries. The transactions SPG executes involve: (1) arranging asset-backed revolving loans for our clients funded directly by Truist and other bank partners; and (2) helping the Bank’s clients issue bonds known as “asset-backed securities” to institutional investors. Analysts in SPG learn the basic principles of structuring these transactions and work directly with senior bankers on each phase of the engagement life cycle including pitching to new clients, closing live deals and managing existing client relationships. These engagements will involve a variety of day-to-day work functions such as using Excel to model cash flows and organize complex data sets into actionable material, compiling information on the asset-backed securities market from Bloomberg and other sources to create client-facing presentations, attending meetings and calls with clients, investors, and other banks, reviewing complex legal documentation to ensure it accurately reflects the terms of each transaction and appropriately protects investors, analyzing company financial statements to project future performance and assess default risk, and producing credit memorandums to present prospective deals to senior members of Truist’s risk organization.
Requirements
- Final graduation with a BA/BS degree December 2027 or June 2028
- Proven analytical ability and attention to detail
- Solid leadership and interpersonal skills
- Superior written and oral communication skills
- Ability to work well in a fast-paced, team oriented environment
Nice To Haves
- Business major
- Overall GPA of 3.0
- Prior completion of Accounting or Finance coursework
- High degree of academic and extracurricular achievement
- Willingness to commit substantial time and energy to the program
Benefits
- All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
- Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates.
- Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.
- Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.
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What This Job Offers
Career Level
Intern
Number of Employees
5,001-10,000 employees
