2027 Public Finance Summer Analyst- Conshohocken

Stifel • West Conshohocken, PA

1d • $35 - $35

About The Position

Stifel strives for a culture that puts its clients and associates first: a culture where everyone belongs, everyone is welcome, and everyone contributes to the success of our clients, their careers, and the firm as a whole.
Let’s talk about how you can find your place here at Stifel, where success meets success.
Stifel’s 9-week Summer Analyst Program is a fast-paced, hands-on introduction to the Analyst role in public finance investment banking. You will work directly with deal teams – from Analyst through Managing Directors – supporting live transactions and pitches across a broad range of public finance sectors. Summer Analysts are expected to manage multiple workstreams at once, producing high-quality analysis and client-ready materials that contribute to both idea generation and transaction execution.
Summer Analysts play a meaningful role on the deal team—conducting market and issuer research, building and refining financial models (including analysis of outstanding bonds and potential refundings/new-money financings), preparing polished client presentation materials, and supporting transaction execution from kickoff through pricing.
Stifel’s Public Finance team operates at the intersection of capital markets and public impact – advising city, state and local government and not-for-profit clients as they raise capital to build, modernize, and sustain essential infrastructure. You will see the full spectrum of municipal finance: from flagship state and city issuers and large-scale economic development projects to school districts and smaller communities—each with real-world budgets, complex stakeholder dynamics, and time-sensitive execution needs.
Stifel ranked #1 as senior or sole manager for negotiated municipal bond issues for the twelfth consecutive year (2025)—pricing more than one in every ten negotiated issues in the nation from a Stifel desk. With ~250 professionals across 44 offices, you’ll join a national platform with the deal flow, resources, and mentorship that define a top-tier investment banking experience.

Requirements

• Strong quantitative and analytical skills; comfort working with large data sets and drawing clear, defensible conclusions
• Exceptional attention to detail and pride in producing error-free, client ready work
• Disciplined work ethic with stamina to perform in a deadline-driven environment
• Strong written and verbal communication skills, with the ability to explain complex analysis succinctly
• Ability to prioritize and manage multiple simultaneous deadlines while maintaining high standards
• Advanced proficiency in Excel and PowerPoint (modeling, sensitivity analysis, and professional presentation design)
• Exposure to finance and accounting and/or quantitative modeling through coursework, projects or prior experience
• Ability to work in teams
• Highly motivated, proactive, and energized by a steep learning curve
• Demonstrated interest in finance, markets, and public policy, and a desire to understand how capital markets shape communities
• Minimum GPA: 3.5
• Anticipated graduation date: December 2027 – May 2028
• Available to start on June 7, 2027
• To be eligible, applicants must be authorized to work in the United States without requiring visa sponsorship now or in the future.

Nice To Haves

• Prior financial modeling and analytical experience preferred

Responsibilities

• Analyze municipal issuers and borrowers across diverse sectors (general government, K-12, pensions, economic development, higher education, and more), synthesizing credit, financial, and operating trends into clear takeaways for senior bankers and clients
• Drive sector and market research, build and maintain databases, and develop comparable-issuer / comparable-transaction analyses to support business development and execution
• Create client-ready materials—pitch books, market updates, and transaction summaries—with an emphasis on accuracy, clarity, and a professional “banker-ready” finish
• Partner with deal teams to execute financings—supporting due diligence, document review, scheduling, and coordination across internal partners and external working groups
• Perform in-depth quantitative analysis, including cash flow and debt service modeling, scenario/sensitivity analyses, and evaluation of refunding opportunities

What This Job Offers

• Career Level: Intern
• Education Level: No Education Listed
• Number of Employees: 1,001-5,000 employees