2027 Treasury Summer Analyst Program - New York

2027 Treasury Summer Analyst Program - New York

Opportunity ID 1947

Region Americas

Location New York

Business unit(s) Corporate

Program type Summer Analyst

Job description

Jefferies Treasury Summer Analyst Program - New York

About Jefferies

Jefferies is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies, and governments.

What you can expect

Jefferies Summer Interns have the unique opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees have the opportunity to make an immediate impact and are rewarded for performance. You'll be exposed to Jefferies' full range of products and leading industry expertise. Our lean team structure will not only provide you with unparalleled hands-on experience, it will help you develop lasting personal and professional relationships with peers and senior professionals that will serve as the foundation for a successful career.

Following an enriching orientation program, Interns will begin working on their day-to-day responsibilities, with support from colleagues serving as both instructors and mentors throughout the internship program. As a way to help maximize your experience with us, Interns will receive formal performance reviews.

In addition to working on projects that incorporate research, analysis, and recommendations, Interns are challenged to think creatively, offer their input, and add value to the team from day one. As with everyone at Jefferies, Interns are expected to pursue their projects with excellence, a collaborative spirit, and with the highest levels of integrity.

What we look for in a candidate

We look for candidates who are eager to make an impact to our clients by doing real, hands-on work. Successful Jefferies Interns are able to multitask and manage a variety of projects simultaneously. Candidates must demonstrate professionalism and relationship management skills together with strong technical, written, and verbal communication skills. The work is fast paced, challenging, and intellectually stimulating. The ability to work under pressure and tight deadlines, be adaptable and work both independently and as part of a team are essential traits of a successful candidate. Candidates should have a strong academic background and be pursuing a four-year Bachelor's degree or equivalent program. Although a background in finance can be helpful, we hire Interns who have studied a variety of disciplines.

Desired Background and Skills:

• Undergraduate candidates pursuing a Bachelor's degree
• Expected graduation between December 2028 - June 2029
• Proficient in Microsoft office, including Word, Excel and PowerPoint. Access skills a plus
• Broad understanding of financial markets
• Demonstrates a high level of professionalism
• Ability to work under pressure with tight deadlines
• Team player who excels at working both independently and as part of a team
• Strong attention to detail and organizational skills
• Ability to multitask and manage a variety of projects simultaneously
• Strong written and verbal communication skills

WORK WITH US - Opportunities in Treasury

Jefferies Corporate Treasury actively manages the firm's funding, liquidity, and capital deployment, by working closely with the firm's business units as well as senior management. The key objectives of Treasury's framework is to support the successful execution of our business strategies while ensuring sufficient liquidity through the business cycle and during periods of financial distress. The department also maintains Jefferies' overall relationships with banks, other creditors, and rating agencies. All functions are performed within the regulatory requirements and the firm's risk objectives.

The core responsibilities managed by the Jefferies Treasury team include:

• Liquidity Risk Management

Liquidity risk management is largely overseen by the Treasury Analytics Group. The firm's funding and liquidity risk management is centered on measurements of liquidity risk in both market wide and firm specific stresses. Two primary metrics - Maximum Liquidity Outflow and Cash Capital - constitute the core basis for evaluating and managing the firm's liquidity. In addition, the Treasury Analytics Group facilitates weekly reporting of capital and liquidity buffer charges to the businesses, provides daily business unit cash usage figures and daily reports on excess cash / liquidity buffer balances.

• Capital Planning, Raising & Allocation

Capital management is characterized by an emphasis on Cash Capital and Maximum Liquidity Outflow. While equity is a component of cash capital, the planning for capital needs, raising of the marginal dollar of capital and allocation of capital to business units is principally driven by firm-wide and business unit level cash capital requirements. This incremental capital requirement is met in the longer-term debt markets.

With the equity component of the capital structure and composition, analysis is centered on ensuring the equity is sufficient in the context of the risks (i.e. risk of loss) on the balance sheet, or in each of the business units, as well as the regulatory capital requirements of the firm's principal regulated operating subsidiaries. These regulatory capital needs are met with a combination of equity and subordinated debt. The capital function also includes monitoring the issuance and maturity of firm debt (medium and long-term funding).

• Bank Relations, Rating Agencies Relations, and Creditor Relations

The Bank Relations Team is responsible for the management of bank and custodial relationships, including credit and trading relationships. This team is responsible for the compilation and analysis of MIS reports to assess competitiveness of bank / sub-custodian fees, periodic negotiations of bank fees and the review/remedy of operational inefficiencies as well as the management of the account opening and setup process internally and externally.

The Bank Relations function includes completing bank required forms, KYC requirements and negotiation of legal agreements. Other core areas managed by Bank Relations is the ongoing maintenance of authorized signatory lists, resolutions and associated corporate documentation, act as the primary internal contact for escalation of bank and/or custodian issues, assist in the completion of new credit related documentation and associated follow ups with business units and banks, and credit marketing.

• Monitoring and Reporting

Includes monitoring and reporting on Liquidity, Cash Usage, Risk, Balance Sheet, Intraday, and unfunded Commitments.

Inclusion, Equal Employment Opportunity, and Reasonable Accommodations

At Jefferies, we are committed to building a culture that provides opportunities for all employees regardless of our differences and supports a workforce that is reflective of the communities where we work and live. As a result, we are able to pool our collective insights and intelligence to provide fresh and innovative thinking for our clients.

Jefferies is committed to creating and sustaining a workforce that welcomes individuals from all backgrounds to apply. Our employment decisions are made without regard to race, creed, color, national origin, ancestry, religion, pregnancy, age, medical condition, physical or mental disability, marital status, domestic partner status, sex, sexual orientation, gender, gender identity or expression, veteran or military status, genetic information, reproductive health decisions, or any other factor protected by applicable law. We are committed to hiring the most qualified applicants and complying with all federal, state, and local equal employment opportunity laws. As part of this commitment, Jefferies will extend reasonable accommodations to individuals with disabilities, as required by applicable law.

The salary for this role is $70,000 (pro-rated for the 10-week internship program).