2023 Public Finance Summer Intern- St. Louis
About Stifel Public Finance
Stifel’s Public Finance professionals perform investment banking services for city, state and local government agencies, helping them raise capital to build and maintain essential infrastructure in the communities they serve. From some of the nation’s largest states, cities, convention centers and economic development projects to rural school districts and small towns and nearly everything in between, our municipal banking and underwriting groups work with public and not-for-profit entities to develop and implement financing strategies that allow them to operate and optimize the important work they do.
In 2021, for the eighth consecutive year, Stifel ranked #1 serving as senior or sole manager for negotiated public municipal bond issues, annually pricing more than one in every ten issues in the nation on a Stifel desk. In 2021, Stifel became the first bank to underwrite more than 1,000 negotiated issues in a single year. Stifel Public Finance has a full scale national presence, and is comprised of about 250 professionals across 36 offices.
Stifel is an Equal Opportunity Employer and our employees, across all subsidiaries and affiliates, are people with different strengths, experiences and backgrounds, who share a passion for Finance. We view diversity holistically – it includes race, gender identity, age, disability status, veteran status, sexual orientation, religion, and many other parts of one’s identity. The range of our employees’ points of view are key to our success, and inclusion is everyone's responsibility.
Position Description: Summer Analyst Program
Stifel’s 9-week Summer Analyst Program provides students with a hands-on introduction to the role of an Analyst. You will work alongside our banking professionals, from Analyst to Managing Director level, and will gain exposure to a variety of public finance transactions and sector types. Interns are expected to work on multiple projects simultaneously, with primary responsibilities in the research and analysis related to transaction generation and execution.
A Summer Analyst’s specific responsibilities may include conducting industry research, building financial models to analyze outstanding bonds or potential transactions, preparing client presentation materials, and working with banking teams to execute financing transactions.
The primary role of the Summer Analyst includes, but is not limited to:
· Analyzing and researching municipal issuers and borrowers in a wide range of sectors (general governmental, K-12, pension, economic development, higher education, etc.)
· Conducting industry research and building out industry databases
· Preparing presentation materials such as PowerPoint slides and summaries for pitch books
· Working with teams to execute financing transactions
· Performing in-depth quantitative financial analyses
Summer Analyst candidates should possess outstanding academic records and have demonstrated strong leadership ability through involvement in extracurricular endeavors such as student government, athletics, and cultural and entrepreneurial activities.
The ideal candidate will possess the following:
· Strong quantitative/analytical skills
· Superior attention to detail
· Disciplined work ethic
· Excellent verbal and written communication skills
· Ability to effectively manage multiple simultaneous project deadlines
· Proficiency in Excel and PowerPoint
· Exposure to finance and accounting and/or quantitative modeling
· Experience with financial modeling and analysis preferred
· Ability to work in teams
· Highly-motivated and energetic
· Demonstrated interest in finance and public policy
· Minimum GPA of 3.3
· An anticipated graduation date of Fall 2023 or Spring 2024
Additional Information & Next Steps
Public Finance Summer Analyst opportunities may be available in a variety of locations including:
· Chicago, IL
· Conshohocken, PA
· Dallas, TX
· Denver, CO
· Los Angeles, CA
· Phoenix, AZ
· San Francisco, CA
· St. Louis, MO
Please note: To be eligible, applicants must be authorized to work in the United States without requiring visa sponsorship now or in the future.
Established in 1890, Stifel is one of the nation’s leading full-service wealth management and investment banking firms. Stifel serves clients from more than 400 offices across the United States and ranks as the nation’s seventh largest full-service investment firm in terms of number of financial advisors. We are also a leading provider of investment banking services to the middle market, a top-ten municipal bond underwriter, and home to one of the industry’s largest research franchises. In addition, our Stifel Bank subsidiary provides a comprehensive range of banking services.
Stifel’s success is rooted in the power of our people and platform. We provide our employees an entrepreneurial environment that rewards collaboration and hard work. We are looking to hire smart, talented, and accepting people who have a desire to expand their skills and realize ambitious goals. We are committed to a diverse workplace that reflects the clients we serve and the communities where we live and work.
At Stifel, we offer an entrepreneurial environment, comprehensive benefits package to include health, dental, and vision care, 401(k), wellness initiatives, life insurance, and paid time off. The health and safety of our employees and candidates is very important to us. We continue to monitor the current public health situation and have adjusted our hiring procedures to include virtual recruiting tools that allow us to continue meeting new candidates. We look forward to “virtually” meeting you. Stifel is an Equal Opportunity Employer.
Please learn more about our firm by using the following website links: