Securities - Securitized Products; Capital Markets Summer Analyst Program - Yo

Overview

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Regular or Temporary: Temporary

Language Fluency: English (Required)

Work Shift: 1st shift (United States of America)

Please review the following job description:

Truist Securities is the full-service Corporate and Investment Banking (CIB) arm of Truist Financial Corporation (NYSE: TFC), one of the nation s largest banking organizations. Truist Securities, together with Commercial Real Estate and Treasury Solutions, comprise Truist’s Wholesale Banking, 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.

The Truist Securities 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, Truist Securities 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.

The 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.

Assignments will be within our Securitized Products Group (SPG), with the opportunity to interact with other groups and disciplines throughout the investment bank.

The Securitized Products Group provides highly structured debt capital solutions to growing companies across a variety of industries. The transactions SPG executes involve: (1) arranging asset-backed revolving loans for our clients funded directly by Truist and other bank partners; and (2) helping the Bank’s clients issue bonds known as “asset-backed securities” to institutional investors. Analysts in SPG learn the basic principles of structuring these transactions and work directly with senior bankers on each phase of the engagement life cycle including pitching to new clients, closing live deals and managing existing client relationships.

These engagements will involve a variety of day-to-day work functions such as using Excel to model cash flows and organize complex data sets into actionable material, compiling information on the asset-backed securities market from Bloomberg and other sources to create client-facing presentations, attending meetings and calls with clients, investors, and other banks, reviewing complex legal documentation to ensure it accurately reflects the terms of each transaction and appropriately protects investors, analyzing company financial statements to project future performance and assess default risk, and producing credit memorandums…