2025 Equity Capital Markets Summer Internship

This role is with Raymond James. WayUp is partnering with Raymond James to hire top talent.

Description

Raymond James Overview

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations.

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.

We strive to ensure everyone feels welcomed, valued, respected and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Internship Program Overview

Raymond James is the place where good people grow and nowhere is that better demonstrated than in our internship program. During the 10-week immersive experience, you will engage with and implement the firm's core values through our five guiding behaviors. Featuring a comprehensive orientation, onsite and remote training sessions in professional development, networking events, a speaker series, and volunteer opportunities, you will be equipped with knowledge of the business and culture to help you build relationships and develop skillsets for the internship and your future.

To be eligible for the summer 2024 internship program, you must be a junior or senior standing candidate pursuing a bachelor's or master's degree in a business or finance field with a graduate date of May 2025. Most positions are based in St. Petersburg with other available locations depending on company need.

Candidates who successfully complete the internship program have the opportunity to transition into a full-time role at Raymond James after graduation.

Job Summary

Equity Capital Markets ("ECM") Interns at Raymond James play an integral role supporting the ECM Origination and Syndicate teams in executing IPOs, follow-on equity offerings, preferred offerings, and equity linked offerings. Interns are given a high level of responsibility as members of the product-focused team. Interns gain exposure to documents preparation related to the public and private issuance of stock, the targeting of investors for each offering using publicly available and proprietary data and will conduct competitive benchmarking analysis. Interns are expected to work on multiple aspects of the transaction process, with a focus on new business proposals and offering execution. Interns work independently on difficult assignments and are required to re-prioritize tasks on an ongoing basis.

Essential Duties and Responsibilities

• Develop client presentations.
• Support the execution of equity, preferred, and equity liked offerings.
• Follow Raymond James equity research and provide updates to ECM and Investment Banking.
• Follow equity and equity linked new issues and keep ECM and Investment Banking informed about timing, pricing, and performance of offerings.
• Maintain files and group databases related to active and prospective deals.
• Perform other duties and responsibilities as assigned.
  
  

Qualifications

Knowledge, Skills, and Abilities

Knowledge of

• Fundamental concepts, practices, and procedures of Equity Capital Markets.
• Fundamental investment concepts, practices, and procedures used in the securities industry.
• Financial markets and products.
  
  

Skill in

• Communicating effectively, both orally and in writing.
• Analytical skills sufficient to assess and explain events in the market.
• Problem solving.
• Operating standard office equipment and using required software applications, including Microsoft Office and established databases.
  
  

Ability to

• Maintain attention to detail in a fast paced, rapidly changing environment.
• Gather information, identify linkages and trends, and apply findings to reports.
• Attention to detail while maintaining a big picture orientation.
• Remain cognizant of our commitment to daily workflow and regulatory compliance during high volume activity.
• Think independently in order to market ideas.
• Organize, manage and track multiple detailed tasks and assignments with frequently changing priorities in a fast-paced work environment.
• Establish and maintain effective working relationships at all levels of the organization.
• Work independently as well as collaboratively within a team environment.
• Assume full responsibility and accountability for own actions.
• Demonstrate uncompromising adherence to ethical principles.
• Be proactive and demonstrate readiness and ability to initiate action.
  
  

Educational/Previous Experience Requirements

Education/Previous Experience

• Currently enrolled in an accredited undergraduate or graduate degree program.
  
  

~or~

• Any equivalent combination of experience, education, and/or training as approved by Human Resources.
  
  

Licenses/Certifications:

• None Required.
  
  

Location

Hybrid position - St. Petersburg office

• No travel required.
  
  

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.