2027 Summer Internship - PCG Finance - St. Petersburg, FL

Job Description Summary

Follow established procedures to perform tasks and receive general guidance and direction to perform other work with substantial variety and varied complexity. Some judgment is required to adapt procedures, processes, and techniques to apply to more complex assignments.

Job 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 2027 internship program, you must be a junior standing candidate pursuing a bachelor's or master's degree with a graduate date of December 2027 or May 2028. 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 Private Client Group (PCG) is Raymond James' largest business segment, supporting financial advisors who provide financial planning, investment advisory and securities transaction services to their clients. PCG Finance partners with leaders across the firm by delivering insightful reporting and analysis, supporting financial advisor recruiting and retention initiatives, evaluating the financial impact of strategic decisions, and executing and managing advisor compensation among other responsibilities.

The Modeling & Reporting team develops financial models, analyzes advisor and business-unit performance, and produces management reporting used throughout PCG. Interns gain exposure to multiple areas of PCG Finance through projects that may span the firm's employee, independent contractor, financial institutions, and RIA and Custody divisions, while working with a collaborative team that values accuracy, problem-solving, continuous improvement and the practical use of technology.

Job Summary

The PCG Finance intern will support the Modeling & Reporting team with financial analysis, data validation, management reporting and projects related to financial advisor recruiting, retention and business performance. The intern will work with financial and operational data to identify trends, evaluate opportunities and communicate findings to team members, PCG leadership and business partners. Assignments may include financial modeling for advisor recruiting opportunities, cross-divisional analysis of revenue and expenses, advisor production and asset metrics, expense report reviews and improvements to recruiting data and reporting processes. Through these experiences, the intern will strengthen their Excel, analytical and business communication skills while developing an understanding of how finance teams collaborate to support decision-making across PCG.

Start Date: June 2, 2027

End Date: August 13, 2027

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

Duties and Responsibilities

• Build financial models to evaluate advisor recruiting opportunities, including production, assets, revenue and deal terms.
• Prepare reports and analyses on recruiting, retention, assets, production, net new assets and other key metrics.
• Analyze business-unit revenue, expenses, operating performance and economies of scale.
• Collect, validate and reconcile data to ensure accurate reporting and analysis.
• Enter, review and research recruiting data in internal reporting and workflow tools.
• Partner across teams to research questions, resolve data issues and complete projects.
• Maintain and improve Excel models, reporting templates and process documentation.
• Perform other duties such as expense report reviews as assigned.

Knowledge, Skills, and Abilities

Knowledge of -

• Fundamental finance, accounting and business concepts.
• Microsoft Excel, including formulas, formatting, sorting, filtering and organizing data.
• Basic data analysis and the interpretation of financial and operational information.
• Microsoft Office applications, including PowerPoint, Word, Outlook and Teams.

Skill in -

• Analyzing data, identifying trends and presenting findings clearly.
• Organizing and reconciling detailed information to produce accurate, high-quality work.
• Using spreadsheets to summarize financial and operational data.
• Communicating professionally with team members, business partners and leadership.

Ability to -

• Organize and prioritize multiple assignments while meeting deadlines.
• Learn new financial concepts, business processes, systems and software applications.
• Work independently while collaborating effectively across teams.
• Apply sound judgment, ask thoughtful questions and escalate issues when appropriate.
• Adapt to assignments that vary in scope and complexity.
• Maintain attention to detail and handle confidential business information responsibly.

Educational/Previous Experience Requirements

• Junior standing (December 2027-May 2028 graduates) pursuing a bachelor's or master's degree in business, finance, or related field.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
• Eligible applicants must be legally authorized to work in the US and not require visa sponsorship now or in the future (including beyond OPT/EAD).

Licenses/Certifications

• None required.

Location

• Hybrid position - St. Petersburg, FL
• No travel required.

Raymond James Guiding Behaviors

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect 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.

Education

High School (HS)

Work Experience

General Experience - 4 to 6 months

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.

We expect 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

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

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