2027 Capital Markets Summer Internship Program

UWM•Pontiac, MI

3d•Onsite

About The Position

UWM's 12-week internship program offers an immersive experience with around 200 interns, job shadowing, access to senior leaders, and extensive networking opportunities. Experience our one-of-a-kind workplace that thrives on collaboration, teamwork, and innovation. This internship is designed to give you a running start, not one that has you running errands. The Capital Markets Summer Internship offers students a unique opportunity to gain hands-on experience in the financial services industry, specifically within the capital markets sector. The Capital Markets team will provide students an understanding of capital markets operations, including trading, investment analysis, risk management, and financial instruments. The Capital Markets team is made up of five main areas: Trading, Pricing, Pooling & Delivery, Lock Desk, and Warehouse.

Requirements

Graduating with a bachelor’s degree in 2027 or 2028 (current junior/senior status)
The ability to work Monday through Friday, 40-hours a week, fully on-site in Pontiac, MI from May 17th - August 6th
An openness to learning, willingness to be coached, and ability to be flexible in our every-changing industry
Ability to thrive in a team environment
A strong work ethic
A drive to succeed

Responsibilities

Gain Exposure to the daily trading and hedging process through access to Bloomberg.
Manage daily reconciliation and margin movements with trading counterparties.
Analyze trade performance and create reporting to present this data to the team and senior leadership.
Work on ad-hoc projects as they arise to support trading and the broader Capital Markets teams.
Run daily Best Execution analyses.
Generate weekly investor price comparisons.
Write our weekly Market Watch UZone articles.
Collaborate with Marketing team to redesign Market Watch.
Process Change of Circumstance requests for Non-Agency Pipeline team.
Complete ad-hoc reporting requests.
Participate in huddles and team activities.
Working with JPM to fund our GNMA pools.
Building pools in QRM and tying out the data prior to funding.
Daily excel reports for pipeline volume and best execution.
Assist in processing and monitoring interest rate lock requests to ensure accuracy and compliance with company policies.
Collaborate with team members to analyze market trends and pricing strategies.
Support the preparation of reports and documentation related to locked loans and market conditions.
Help maintain and update the lock desk database and ensure timely communication with internal and external stakeholders.
Reconcile daily Bank files for financial reporting.
Execute on an Audit project to ensure all Banking access is accurate and precise.
Work with 10 different Warehouse banks to learn daily disbursements and settlements.
Accordant an audit review of all job process guides.
Collaborate on initiatives with the finance and treasury teams.

Benefits

Paid volunteer hours
Paid training and career development
Medical, dental, vision and life insurance
401k with employer match
Mortgage discount and area business discounts
Free membership to our large, state-of-the-art fitness center, including exercise classes such as yoga and Zumba, various sports leagues and a full-size basketball court
Wellness area, including an in-house urgent care, full-time massage therapist and hair salon
Gourmet cafeteria featuring homemade breakfast and lunch
Convenience store featuring healthy grab-and-go snacks
In-house Starbucks and Dunkin
Indoor/outdoor café with Wi-Fi