2027 Investment Banking Summer Associate Program Multiple Locations

Raymond James • Boston, MA

1d • $70,000 - $175,000 • Onsite

About The Position

Investment Banking Summer Associates in Capital Markets & Advisory are assigned to an industry- or product-focused team and take on significant responsibility. During the program, they work with public and private debt and equity financings, mergers and acquisitions, and financial advisory assignments. They build financial analysis skills, deepen their understanding of capital markets and clients, and contribute ideas to projects with significant scope and impact.

Summer Associates participate throughout transaction processes, including research, creating original work product, evaluating M&A scenarios, preparing public stock issuance documents and presentations, and taking part in drafting sessions, new-business proposal sessions, and due diligence meetings. The role also involves working with senior bankers on client strategies and materials, supporting transaction execution, and preparing client presentations and pitches.

The role is based in a resident workstyle. The stated salary range is $70,000–$175,000. The position may include a benefits package, with eligibility and specific offerings varying by position and employment status.

Requirements

• Be legally authorized to work in the United States and not require visa sponsorship now or in the future, including beyond OPT/EAD.
• Be currently enrolled in an accredited graduate degree program.
• Have a minimum of two years of relevant professional work experience, or an equivalent combination of experience, education, and/or training approved by Human Resources.
• Demonstrate knowledge of fundamental investment banking concepts, practices, and procedures.
• Demonstrate knowledge of fundamental investment concepts and procedures used in the securities industry.
• Demonstrate knowledge of tax and accounting concepts, practices, and procedures.
• Demonstrate knowledge of financial markets and products.
• Communicate effectively orally and in writing.
• Apply analytical, problem-solving, solution-design, independent-thinking, and idea-development skills.
• Use technology and systems to produce reports, communications, and presentations.
• Gather information, identify linkages and trends, and apply findings to reports.
• Manage detail while maintaining a broader perspective, and organize and track multiple tasks amid changing priorities in a fast-paced environment.
• Work independently and collaboratively, establish effective working relationships, and exercise judgment and discretion.
• Demonstrate accountability, ethical conduct, initiative, and effective interpersonal communication.
• Leverage prior professional experience and knowledge to produce client-facing deliverables, such as financial models.

Responsibilities

• Develop financial models to assess debt and equity financing alternatives for transactions.
• Perform valuation methodologies, comparative company analysis, and discounted cash flow analysis on target companies.
• Provide input on equity offerings, valuations, private placements, mergers and acquisitions advisories.
• Research, analyze, present, and document drafting elements of developing transactions.
• Collaborate with senior bankers to develop strategies for client presentations and create materials.
• Analyze current events in relevant industry groups and provide input on their impact on clients and deals.
• Assist with M&A and financing transaction execution, financial modeling, and industry and comparable company analysis.
• Assist with preparing standard and tailored client presentations and pitches.
• Seek development opportunities through the role, special assignments, training, or external activities.
• Perform other duties and responsibilities as assigned.

Benefits

• Medical, dental, and vision coverage
• Life insurance
• Critical illness insurance and accident insurance
• Disability benefits
• Retirement savings
• Paid time off, including vacation, holidays, and sick leave
• Parental leave
• Additional compensation may include cash or equity, discretionary bonuses, or commissions

What This Job Offers

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