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 a 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 2025 internship program, you must be a junior standing candidate pursuing a bachelor's or master's degree with a graduate date of May 2026. 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

The Tailored Lending team leads the firm’s efforts in creating customized lending solutions for high-net worth (HNW) and ultra-high net worth (UHNW) clients to meet liquidity needs without disrupting long-term financial plans.

Job Summary

Under the supervision of senior members of the Tailored Lending team, the Tailored Lending Intern will have knowledge and skills obtained through formal education and/or work-related experience to assist in the end-to-end servicing of Tailored Lending applications. This will involve a wide array of responsibilities, primarily under the supervision of Tailored Lending Officers, including financial analysis/modeling, underwriting, client due diligence, portfolio management, and KYC/CIP responsibilities. The role of a Tailored Lending intern is primarily geared towards maintaining a high service level with clients, while tending to the administration of the portfolio and assisting in new deal origination. This position will require working with internal partners to originate new loans and perform portfolio maintenance duties including modifications and annual reviews.

Internship Length: 10 weeks

Start Date: June 2, 2025

End Date: August 8, 2025

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

Duties and Responsibilities

• Assists in the underwriting process for Tailored Lending transactions, primarily by analyzing personal financial statements and tax returns, determining loan profitability, modeling estimated loan loss reserves, and drafting credit memos.

• Assists in the underwriting of affiliate transactions including margin loans and other fixed income transactions.

• Reviews and produces a thorough analysis of proposed collateral for acceptance in connection with Tailored Lending transactions.

• Runs negative news screenings on clients/prospects, reviews results, and assists in determining significance.

• Performs annual reviews on transactions with supervision from Senior Loan Officers

• Operates standard office equipment and uses required software applications.

• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of –

• Fundamental concepts, practices, and procedures of a professional office environment.

• Principles, practices, concepts and procedures of underwriting, banking, and financial markets and products.

Skill in –

• Data analysis.

• Critical thinking, problem solving and creativity.

• Organizational skills including a high level of accuracy and attention to detail.

• Operating standard office equipment and using, orhave the ability to learn, required software applications.

Ability to –

• Organize and prioritize multiple tasks and meet deadlines.

• Communicate effectively, both orally and in writing,

• Work independently as well as collaboratively with a team environment.

• Provide a high level of customer service.

• Establish and maintain effective working relationships.  

• Articulate reasons behind decisions. Clearly communicate regarding decisions, changes, and other relevant information.

• Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines.

Educational/ Previous Experience Requirements

• Junior standing pursuing a bachelor’s degree in business, finance, or related field.

• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications

• None required.

Location

• Hybrid position – St. Petersburg, FL

• No travel required.

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Job: Banking

Primary Location: US-FL-St. Petersburg-Saint Petersburg

Organization RJ Bank

Schedule Full-time

Job Shift Day Job

Req ID: 2402703