Capital Markets Analyst Program, Comerica Capital Markets
The Capital Markets Analyst Program -- is an accelerated and challenging career path designed to develop Analysts into well-rounded colleagues that exhibit a solid finance and credit foundation, as well as strong relationship development skills. The program is two years and introduces Analysts to the full scope of Comerica's Debt Capital Markets (Loan Syndications) with exposure to Comerica's additional capital market product offerings including Derivatives, Foreign Exchange trading, and Investment Banking. Depending on individual performance, some analysts are invited to stay for a third year and move into one of our Capital Markets operations.
Professional career development through assessments, coaching, team building, and mentoring.
Exposure to senior and executive leadership.
Collaborative and supportive team environment.
Gain in-depth knowledge of Capital Markets products and services including Debt Capital Markets, Derivatives, Foreign Exchange and Investment Banking services.
Lines of Business: Technology Life Sciences, Equity Fund Services, Environmental Services, International, National Dealer Services, Commercial Real Estate, Entertainment, as well as Large Corporate and Middle Market sectors.
Program Footprint: Detroit, MI.
Development program that includes initial classroom training sessions in finance and credit skills.
Position Responsibilities:
Program Structure and Development Opportunities
Phase I: Credit Training
Formal credit training takes place within a Commercial Underwriting Center. During Phase I, Analysts will complete classroom training sessions. In this program the Analysts will:
Receive credit analysis training
Analyze financial information to identify key strengths, credit risks, and mitigating factors
Determine appropriate debt structures to meet customer needs
Phase II: Finance Training
The finance training portion of the program includes coursework in accounting, communication skills, debt and equity capital markets, Excel, financial analysis, modeling and valuation taught by industry wide professional training programs. Analysts will also receive self-study materials to guide their preparation for the applicable licensing exams (Series 7, 79 and 63). The program is rigorous and thorough, combining the substance of a much larger investment bank's training program with the personal attention found in a seminar.
Program Completion
Developing an understanding of the full breadth of Comerica's Capital Markets products and services offerings.
Successful completion of all finance and credit training coursework and practical application.
Completion of securities licensing requirements:
Participants will be provided time and support to prepare and take the applicable regulatory examinations they must pass to obtain the necessary securities licensing.
Position Qualifications
Minimum Qualifications
The Analyst Program is open to final year undergraduate and graduate level students
Bachelor's degree in business, accounting, finance, economics or similar field
Two (2) accounting courses (6 units) and one course (3 units) in finance, economics or related business classes with a minimum 3.4 grade point average
Experience preparing financial models and forecasts preferred
1 year of experience with Microsoft Office Applications (Microsoft Word, Excel, PowerPoint)
This position is not eligible for sponsorship. Must have indefinite employment authorization
Seeking candidates with:
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
Bank Overview
Comerica is the largest U.S. commercial bank headquartered in Texas with a focus on relationships and helping people and businesses be successful. With over 175 years of success, Comerica's longevity is a testament to its strong relationship focus, integrity, and dedicated workforce -- more than 7,800 colleagues, who serve as Comerica's ambassadors in the community.
At Comerica, our colleagues are essential to our success. We strive to provide you with the opportunity to grow and develop, both personally and professionally, by offering a wide range of programs that are designed to recognize, reward and develop you throughout your career.
Comerica demonstrates its commitment to the communities it serves through a strong culture of diversity and inclusion, community investment and environmental commitment. We are recognized as one of the most community-minded companies in the nation by Points of Light, earning a Top 10 ranking in Newsweek's list of America's Most Responsible Companies, and ranked by DiversityInc as Top 50 companies for diversity.
To learn more, visit www.comerica.com/careers
Work Best Category: Category B - 3-4 days in office on designated days/1-2 days remote Hours: 8:00am - 5:00pm Monday - Friday Salary: To Be Determined Based on Individual Experience
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
