Job Description Summary

Job Description

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 immersive experience, you will engage with and implement the firm’s core values through our five guiding behaviors. Featuring comprehensive orientation, onsite and remote training sessions in professional development, networking events, a speaker series, and volunteer opportunities, 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 2027 internship program, you must be a junior standing candidate pursuing a bachelor's or master's degree with a graduate date of December 2027/May 2028. Most positions are based in St. Petersburg with other available locations depending on company need.

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

Department Overview

Equity Research plays a critical role in helping clients make informed investment decisions by providing independent analysis of publicly traded companies and industries. The team conducts in depth financial modeling, evaluates market trends, develops investment recommendations, and publishes research used by institutional and individual investors. Interns gain hands on experience analyzing companies, building financial models, and supporting real world research projects alongside experienced analysts. With a collaborative culture that encourages curiosity, critical thinking, and continuous learning, Equity Research offers students a unique opportunity to deepen their understanding of the financial markets while developing skills that are highly valued across the investment industry

Job Summary

Under general supervision, Equity Research summer interns use skills gained through training, education and experience to assist with specific projects within an assigned functional area. In order to gain broad exposure, our interns will have the opportunity to work with multiple teams on projects that include preparing Initiations of Coverage, building financial models, writing earnings notes, and completing industry whitepapers. The intern is expected to use some judgment to adapt procedures, processes and techniques to apply to more complex assignments. Routine contact with senior analysts and research associates will further enhance the intern’s professional development.

Start Date: Wednesday, June 2, 2027

End Date: Friday, August 13, 2027

Work Schedule: Monday through Friday, up to 40 hours per week.

Duties and Responsibilities

• Assist with company, industry, and market research projects to support investment recommendations.
• Analyze financial statements and metrics to develop a fundamental understanding of publicly traded companies.
• Support the development of financial models used for forecasting, valuation analysis, and investment research.
• Conduct research on market trends, industry developments, and economic events.
• Collaborate with others to prepare reports, presentations, and other research materials.
• Apply accounting, finance, and equity valuation concepts to evaluate investment opportunities and communicate findings effectively.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of -

• Fundamentals of accounting, finance, and equity valuation methodologies.
• Financial statement analysis and interpretation.
• Financial markets, equity securities, and key market drivers.
• Basic concepts, practices, and procedures of a professional office environment and the Equity Research function.

Skill in -

• Microsoft Office applications, particularly Excel, Word, and PowerPoint.
• Research, data gathering, and analytical problem solving.
• Written and verbal communication, including the ability to summarize information clearly and effectively.

Ability to -

• Analyze financial statements, identify trends, and explain key variances.
• Conduct company, industry, and market research using available data sources and online research tools.
• Prepare concise summaries of conference calls, research findings, and market developments.
• Create charts, graphs, and presentation materials to support research reports and recommendations.
• Manage multiple assignments, prioritize tasks, and meet deadlines in a fast paced environment.
• Work independently while collaborating effectively with analysts, associates, and team members.
• Build and maintain professional working relationships while demonstrating strong attention to detail and a high level of professionalism.

Educational/ Previous Experience Requirements

• Junior standing (December 2027-May 2028 graduates) pursuing a bachelor’s or master’s degree in finance, accounting, Economics, data analytics or related field with a 3.5 cumulative GPA or higher.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
• 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).

Licenses/Certifications

• None required.

Location

• Hybrid position - St. Petersburg, FL; New York, NY; Chicago, IL
• No travel required.
• Opportunities are available only in the locations listed above. Final office placement will be determined based on business needs and position availability at the time of offer.

Education

High School (HS)

Work Experience

General Experience - 4 to 6 months

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

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 firm

At 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. #LI-RB1

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, the firm now has locations across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF