What are the responsibilities and job description for the Capital Markets 2024 Institutional Fixed Income Sales & Trading Summer Internshi position at Fifth Third Bank?
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Fifth Third Bank's Institutional Fixed Income Sales & Trading Summer Internship Program provides college students the opportunity to participate in a hands-on program supporting the Investment Grade desk. This is a paid professional development opportunity where students will learn Fifth Third Bank's business practices, operations, and procedures, and build skills you need to assume a permanent role at a commercial banking institution.
This ten-week internship helps college students gain meaningful work experience and targeted educational opportunities to develop them as future organizational leaders and gain exposure to multiple business areas.
Students will acquire on-the-job skills and an understanding of the real-life work environment, while developing a professional network that includes some of the best talent in the industry.
You will be encouraged to openly exchange ideas and opinions, elevate concerns, and follow policies and procedures to safeguard the company. Doing the right thing for customers and colleagues is key; you'll ensure their actions and behaviors drive a positive customer experience, achieving real results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
What You'll Do
Performs a wide range of complex analytical support functions. Apply analytical skills to provide high quality work product to support the Investment Grade Sales and Trading desks in day-to-day activities as well as provide support for long term goals.
Responsible and accountable for risk by openly exchanging ideas and opinions, elevating concerns, and personally following policies and procedures as defined. Accountable for always doing the right thing for customers and colleagues, and ensures that actions and behaviors drive a positive customer experience. While operating within the Bank's risk appetite, achieves results by consistently identifying, assessing, managing, monitoring, and reporting risks of all types.
Fifth Third Securities Overview
Every company has different financial goals. Fifth Third Securities, a full-service firm within Capital Markets, offers a selection of investment banking services and capital markets solutions. Investment banking professionals guide clients to help determine the solutions that suit current and future needs. We have 200 investment banking and capital markets professionals with key offices in Cincinnati, Cleveland, Dallas, Chicago, Atlanta and Charlotte, focused on middle-market to large multinational corporations; non-investment grade to investment grade credit profiles; private and public companies; and for-profit and nonprofit firms. We offer summer internships and full-time opportunities with a mentorship program.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Ability to find, research and assess financial information.
- Familiarity with Public Company financials.
- Strong financial analysis skills, specifically credit based and corporate finance expertise.
- Broad understanding of Investment Grade and High Yield bond mechanics.
- Broad understanding of public debt markets and willingness to expand knowledge base and develop expertise in markets.
- Develop familiarity with broad economic and market trends.
- Willingness to work long hours during busy periods.
- Work with traders and salespeople to better align customer priorities with internal practices for better customer experience.
- Work with DCM and Syndicate Desk to better understand a wholistic understanding of the Investment Grade business.
- Build a network of colleagues within firm and externally to strengthen career.
Required Knowledge and Skills
- Pursuing Bachelor's degree with strong financial or business background
- Graduation date between December 2024 and May 2025
- Minimum 3.0 GPA required
- Excellent presentation skills, both oral and written
- Strong analytical skills and an interest in financial analysis, corporate finance and financial markets
- Good working knowledge of financial modeling and valuation
- Exceptional verbal and written communication skills.
- Ability to draw conclusions based on financial data.
- Strong presentation and organization skills.
- Process orientation and attention to detail
Candidates must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future.
Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
Capital Markets 2024 Institutional Fixed Income Sales & Trading Summer Internship - Charlotte, NCLOCATION -- Charlotte, North Carolina 28202Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.