Analyst, Investment Banking Intern (Fall 2027)

Socket.dev; Toronto; On-site; CAD 65,000 - 80,000; Full time

Job summary

Raymond James Ltd. in Toronto is seeking an Analyst, Investment Banking Intern (Fall 2027) to support the team with financial modelling, valuation analyses and market research.

You will collaborate with Analysts, Associates and VPs, build detailed models, and contribute to client proposals and pitch materials. The role emphasizes initiative, communication, and a strong academic track record in finance, with access to exposure across corporate development and capital markets.

Qualifications

• Currently enrolled in an undergraduate program in finance, accounting or business, in 3rd or 4th year.
• Strong academic record in analytical/finance coursework.
• Proficient in Microsoft Office and able to learn new tools quickly.

Responsibilities

• Work closely with Analysts, Associates and VPs in the investment banking team.
• Conduct financial modelling, valuation analyses and industry research.
• Perform data analysis and build/maintain financial models and databases.
• Prepare documents for business development and marketing purposes.

Skills

Investment concepts

Financial modelling

MS Office

Analytical thinking

Deadline-oriented

Capital IQ/Bloomberg

Communication skills

Team collaboration

Due diligence

Presentation skills

Education

Undergraduate finance/accounting/business

3rd/4th year student

Tools

Capital IQ

Bloomberg

Job description

At Raymond James, we develop, we collaborate, we decide, we deliver, and we improve together.

Raymond James Ltd. is Canada’s leading independent investment dealers offering high quality investment products and services to Canadians seeking customized solutions to their wealth management needs.

Analyst, Investment Banking Intern (Fall 2027)

How does the role impact the organization?

The internship will offer the opportunity to gain presentation, critical analysis, financial modeling and valuation experience. The ideal candidate will have a proven ability to take initiative, will possess exceptional communication and presentation skills, demonstrate academic excellence and be registered in an undergraduate business program.

What is the position responsible for?

• Work closely with Analysts, Associates and VPs in the investment banking team;
• Conduct financial modelling, various financial and strategic analyses, discounted cash flow analysis, comparable company analysis, precedent transaction analysis and evaluate other industry metrics as required;
• Perform quantitative and qualitative data analysis and industry research;
• Build and maintain detailed financial models and industry databases;
• Support the maintenance of the groups’ databases and valuation tools on an ongoing basis; and
• Assist in preparing extensive written documents including proposals, pitchbooks and company information documents for business development and marketing purposes.

What do we expect from you?

• Knowledge of fundamental investment concepts, practices, and procedures used in the securities industry;
• Competent in finance, financial modelling and the capital markets;
• Proficient in Microsoft Office with a willingness and ability to learn new applications;
• The ability of quantitative and analytical thinking;
• Work within deadlines in a high-volume and demanding environment while maintaining a high level of service and an imperative attention to detail;
• Display advanced face-to-face, email, videoconferencing, and telephone etiquette and relationship management skills;
• Learn quickly;
• Work independently as well as collaboratively within a team environment;
• Demonstrate a professional manner to establish and maintain effective working relationships at all levels of the organization; and due diligence;
• Exercise tact and discretion in the handling of confidential information;
• Previous experience in Corporate Development, Banking, Private Equity and Venture Capital are preferred; and
• Capital IQ and Bloomberg is considered an asset.

Educational/Previous Experience Requirements

• Currently registered in an undergraduate program in 3rd or 4th year with a specialization in finance, accounting, engineering or business considered an asset; and
• A proven academic track record of strong performance in analytical and financial courses.

We encourage 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

Salary Range: $65,000.00 - $80,000.00 annually.

Actual compensation will be determined based on skills, experience, internal equity, and other job requirements.

This posting is for an existing vacancy.

At Raymond James – we honor, value, respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic self, our organization, clients and communities thrive, it is part of our people-first culture. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Here at Raymond James we demonstrate our commitment to ensuring equal opportunities for all candidates. To request accommodations, candidates are instructed to contact Human Resources via email at [e-mail]. By reaching out to this email address, candidates can communicate their specific requirements and discuss the necessary accommodations they may need to participate fully in the recruitment process.

We may use automated or AI-enabled tools to support parts of our recruitment and screening process, including screening, assessing or selecting applicants where applicable. These tools help us review applications efficiently, but they do not replace human decision-making.