About The Position
The Truist Internship provides college students with an 8-12 week working and immersion experience to sharpen their skills. During this internship, time is focused on summer long projects with other students and full-time, experienced teammates. Interns have the opportunity to network with other interns, teammates, and senior leaders. Truist interns sharpen the leadership, technical, and business skill they'll use for the rest of their careers. The internship program serves as a pipeline to our Truist full-time programs. Corporate Overview: At Truist, our purpose is to inspire and build better lives and communities. Every day, the pursuit of better drives us—to empower clients with more choice, teammates with more fulfillment, and communities with more hope. We boldly believe in the power of what we can achieve together. Truist Commercial Real Estate, together with Treasury Solutions and Truist Securities, comprise Truist’s Wholesale Banking Group, offering lending, capital markets and treasury management solutions to businesses, institutions, not-for-profit organizations and government entities. Founded more than 100 years ago, we offer large-firm capabilities in a boutique culture and value our vibrant workplace that reflects the diversity of the many communities we serve. We pride ourselves on the career development of our teammates. You’ll work alongside senior-level management on real deals right from the start. We encourage and reward you to take an active role in helping our clients achieve their goals. Summer Analyst Program Overview: The Wholesale Credit Delivery - Commercial & Specialized Industries - 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, Wholesale Banking 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. Job Description: The Credit Delivery 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. This position is specifically for our Wholesale Credit Delivery Commercial & Specialized Industries Banking team with the opportunity to interact with other groups and disciplines throughout the investment bank. Commercial & Corporate Banking: The Wholesale Credit Delivery – Commercial & Specialized Industries (WCD - CB&SI) team underwrites and manages clients within Truist Commercial Bank and Specialized Industries portfolio. WCD teammates work together with Commercial, Middle Market and Industry Specialized Bankers, Product Specialists, and Risk Managers to deliver capital and strategic ideas to the Truist client base. Interns gain hands-on exposure to credit analysis and client portfolio management.
Requirements
- Scheduled graduation of final degree by December 2027 or May/June 2028
- Overall GPA of 3.0
- 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
- Accounting, Business, Economics, Finance or STEM major
- Prior completion of Accounting or Finance coursework
- High degree of academic and extracurricular achievement
- Willingness to commit substantial time and energy to the program.
Responsibilities
- Analyze client financial statements, cash flow, and industry trends.
- Author annual reviews and assist in the development of credit underwriting thesis of new and existing transactions.
- Works with Portfolio Manager to build financial models based on client profile, industry dynamics, cost pressures, etc. related to deal in order to assess financial wherewithal to repay.
- Initiate risk view and translation into risk rating models to reflect risk in deal in terms of probability of default/loss given default across the risk spectrum.
- Participate in client meetings, training sessions, and professional development activities.
- Complete special projects and assignments as needed.
Benefits
- 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
Education Level
No Education Listed
Number of Employees
5,001-10,000 employees
