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2025 Capital Markets Analyst Program

Employer
Comerica
Location
Detroit, USA
Salary
Competitive
Closing date
Sep 6, 2024
View moreView less
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Welcome!

We invite you to explore the award-winning culture, people, rewards and opportunities that make Comerica Bank so special. Make your next career choice a confident one.

Qualifications

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

Job Description

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.

About Comerica

We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.

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