USA
1 day ago
2025 Summer Internship - Public Finance Investment Banking (St. Petersburg FL or Memphis, TN)

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 (subject to location), 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 2025 internship program, you must be a junior standing candidate pursuing a Bachelor's Degree in business, finance, math, or a related field with a graduate date in 2026. Positions are available in St. Petersburg and Memphis, TN.

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

Department Overview

Raymond James’ Public Finance department is comprised of approximately 180 Public Finance professionals in 39 offices across the nation and is one of the largest public finance groups in the nation. Raymond James’ staff of public finance professionals serve clients across a diverse spectrum of disciplines: General Government, Transportation, Water/Sewer, Airport, Higher Education, Student Housing, K-12 School Districts, Healthcare, Housing, Charter Schools, Public Power and Structured Finance. Raymond James is consistently a top 10 underwriter of municipal bonds and is one of the most active underwriters in the country. Public Finance is a key component of the firm’s fixed income capital markets division, resulting in primary municipal bond offerings that Raymond James can offer to institutional and retail clients.

Job Summary

Under direct supervision, performs routine work of the department using specialized knowledge and skills obtained through education, experience and/or specialized training to perform analytical and related assignments in support of Senior Bankers and clients in an assigned industry. Responsibilities may include thorough analysis of projects, preparing cash flow analyses, obtaining bond ratings and/or bond insurance, assisting in the preparation of the Official Statement and other documents related to the offering, preparing Request For Proposals (RFP's) and client presentations, as well as research related to existing and prospective clients. Guidance is provided to perform varied work that is difficult in nature requiring evaluation, originality and ingenuity to make moderately complex decisions.

Internship Length: 10 weeks

Start Date: June 2, 2025

End Date: August 8, 2025

Work Schedule: Monday through Friday, ~40 hours per week

Duties and Responsibilities

•    Completes complex spreadsheet financial models for assigned industry.
•    Analyzes printed and electronic financial information about assigned industry to keep Senior Bankers informed about significant developments.
•    Develops financial analysis during the issuance of municipal bonds including revenue models, running the numbers, debt profiles and the analysis of refinancing and cash flow.
•    Prepares client pitch books and responds to RFP’s.
•    Creates and presents marketing and sales materials.
•    Performs other duties and responsibilities as assigned.

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 (subject to location), 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 2025 internship program, you must be a junior standing candidate pursuing a Bachelor's Degree in business, finance, math, or a related field with a graduate date in 2026. Positions are available in St. Petersburg and Memphis, TN.

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

Department Overview

Raymond James’ Public Finance department is comprised of approximately 180 Public Finance professionals in 39 offices across the nation and is one of the largest public finance groups in the nation. Raymond James’ staff of public finance professionals serve clients across a diverse spectrum of disciplines: General Government, Transportation, Water/Sewer, Airport, Higher Education, Student Housing, K-12 School Districts, Healthcare, Housing, Charter Schools, Public Power and Structured Finance. Raymond James is consistently a top 10 underwriter of municipal bonds and is one of the most active underwriters in the country. Public Finance is a key component of the firm’s fixed income capital markets division, resulting in primary municipal bond offerings that Raymond James can offer to institutional and retail clients.

Job Summary

Under direct supervision, performs routine work of the department using specialized knowledge and skills obtained through education, experience and/or specialized training to perform analytical and related assignments in support of Senior Bankers and clients in an assigned industry. Responsibilities may include thorough analysis of projects, preparing cash flow analyses, obtaining bond ratings and/or bond insurance, assisting in the preparation of the Official Statement and other documents related to the offering, preparing Request For Proposals (RFP's) and client presentations, as well as research related to existing and prospective clients. Guidance is provided to perform varied work that is difficult in nature requiring evaluation, originality and ingenuity to make moderately complex decisions.

Internship Length: 10 weeks

Start Date: June 2, 2025

End Date: August 8, 2025

Work Schedule: Monday through Friday, ~40 hours per week

Duties and Responsibilities

•    Completes complex spreadsheet financial models for assigned industry.
•    Analyzes printed and electronic financial information about assigned industry to keep Senior Bankers informed about significant developments.
•    Develops financial analysis during the issuance of municipal bonds including revenue models, running the numbers, debt profiles and the analysis of refinancing and cash flow.
•    Prepares client pitch books and responds to RFP’s.
•    Creates and presents marketing and sales materials.
•    Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of

•    Fundamental investment concepts, practices and procedures used in the securities industry.
•    Financial markets and products.
•    Quantitative financial analysis and data modeling.

Skill in

•    Excellent analytical, critical thinking and problem-solving skills sufficient to recognize and detect errors and offer resolution.
•    Communicate effectively, both orally and in writing to all level of associates and clients.
•    Intermediate to advanced proficiency with Microsoft Word, Excel and PowerPoint.

Ability to

•    Multi-task and work in a fast-paced, team-oriented environment.
•    Efficiently manage time and resources in order to solve quantitative and analytical challenges as they arise.
•    Work under pressure created by time deadlines and work volume fluctuations.
•    Communicate both orally and in writing, within all levels of the organization as well as external clients and other industry professionals.
•    Work independently as well as collaboratively within a team environment.
•    Work outside normal 8:00 am – 5:00 pm business hours.

Educational/Previous Experience Requirements

Must be currently pursuing a bachelor's degree in business, finance, math, or related field with a graduation date between December 2025 and June 2026.Eligible applicants must be legally authorized to work in the US and not require visa sponsorship now or in the future (including beyond OPT/EAD).Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

None required.

Location

St. Petersburg office or Memphis, TN office

No travel required.

#wayup

Knowledge, Skills, and Abilities

Knowledge of

•    Fundamental investment concepts, practices and procedures used in the securities industry.
•    Financial markets and products.
•    Quantitative financial analysis and data modeling.

Skill in

•    Excellent analytical, critical thinking and problem-solving skills sufficient to recognize and detect errors and offer resolution.
•    Communicate effectively, both orally and in writing to all level of associates and clients.
•    Intermediate to advanced proficiency with Microsoft Word, Excel and PowerPoint.

Ability to

•    Multi-task and work in a fast-paced, team-oriented environment.
•    Efficiently manage time and resources in order to solve quantitative and analytical challenges as they arise.
•    Work under pressure created by time deadlines and work volume fluctuations.
•    Communicate both orally and in writing, within all levels of the organization as well as external clients and other industry professionals.
•    Work independently as well as collaboratively within a team environment.
•    Work outside normal 8:00 am – 5:00 pm business hours.

Educational/Previous Experience Requirements

Must be currently pursuing a bachelor's degree in business, finance, math, or related field with a graduation date between December 2025 and June 2026.Eligible applicants must be legally authorized to work in the US and not require visa sponsorship now or in the future (including beyond OPT/EAD).Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

None required.

Location

St. Petersburg office or Memphis, TN office

No travel required.

#wayup

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:• Grow professionally and inspire others to do the same• Work with and through others to achieve desired outcomes• Make prompt, pragmatic choices and act with the client in mind• Take ownership and hold themselves and others accountable for delivering results that matter• Contribute to the continuous evolution of the firmAt 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.
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