2024 Summer Capital Markets Intern Detroit
Welcome
We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.
Job Responsibilities
Capital Markets Summer Internship Program
Location(s): Detroit, MI
Start: June 2024
The Capital Markets Internship is tailored to students interested in investment banking and other capital markets products. This 8-week internship program will provide students the opportunity to gain experience in Investment Banking, Debt Capital Markets, derivatives and foreign exchange trading. Comerica's strong ties to clients, colleagues and communities for over 170 years provides us the ability to compete directly with the money center institutions while still maintaining the competitive advantages of a Super Regional Bank.
Investment Banking
- Learn Investment Banking services with focus on M&A services
- Work directly with experienced M&A investment bankers to:
- Leverage database resources and publications to identify prospects
- Work with the team to understand the target client profile
- Learn business development and marketing strategies
Debt Capital Markets
- Assist the Loan Syndications team on the syndication process
- Preparation of information memorandums and pitch books
- Meet with industry experts throughout the bank
- Experience a broad range of industry sectors across the country such as:
- Technology and Life Sciences
- Environmental Services
- Real Estate
- Equity Fund Services
- Manufacturing
Derivatives/Foreign Exchange Trading
- Experience what is involved with the trading desk for derivatives and F/X
- Learn different market and commodity trading systems
Interns will also have opportunities to:
- Network with executives within the Capital Markets and Lending divisions across the country
- Participate in training opportunities offered by Comerica
- Observe how new business is generated through referrals, prospecting and networking
Qualifications
Position Qualifications
- College level of Junior or Senior Status (Available in the summer prior to school year of expected completion of a bachelor's or master's degree program)
- Accounting, Finance, Business or similar field of study
- Overall GPA of 3.4 or above
- Two Accounting courses completed
- Six months experience Microsoft Office Applications (Word, Excel, PowerPoint)
- Experience preparing financial models and forecasts preferred
- Excellent interpersonal, verbal, and written communication skills
- Exceptional analytical, problem solving, and technical aptitude
- Time management skills, attention to detail and ability to handle multiple assignments
- Strong work ethic, customer-focus, and commitment to the communities we serve
Work Schedule
Monday - Friday; 8 am - 5 pm
WorkBest Job Category
Category C - Days may vary based on workweek schedule (1-5 days in office)
Work Locations
Comerica Bank Center (CBC)
About Comerica
We know that our employees are critical to our overall success. We are dedicated to investing in their future to maintain long-term relationships for lasting commitments. One of the ways we do this is to offer a comprehensive package of compensation and benefits programs which are regularly reviewed to maintain them at competitive levels. Your salary will be commensurate with your work experience.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by the Business Bank, the Retail Bank, and Wealth Management. Comerica's more than 9,000 colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.