• Job Description

  Req#: 11697

  Investment Banking Intern - Philadelphia

  Janney Montgomery Scott LLC, 1717 Arch Street, Philadelphia, Pennsylvania, United States of America Req #11697

  Wednesday, March 20, 2024

  Janney is an award-winning full-service financial services firm committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm.

  Janney’s Investment Banking Internship Program is a 10-week paid opportunity beginning June 2025 for students entering their senior year of undergraduate study who are on track to graduate in Spring / Summer 2026.

  Our Summer Intern program is designed to give participants an in-depth look into the dynamic world of investment banking. Summer interns work alongside our professionals, learning the skills and knowledge necessary to become valuable members of our transaction teams. Summer interns enjoy hands-on project experience, direct access to senior team members and are afforded the opportunity to participate in client meetings. Summer interns will also play an important research role, performing financial and strategic analysis on companies and industries relevant to our transaction work. Overall, this program provides an opportunity to gain exposure to investment banking practices and products, including complex domestic and cross-border mergers & acquisitions, debt and equity financings, minority and majority recapitalizations, restructurings, and advisory services including takeover defense, fairness and solvency opinions and valuations.

  Summer interns will be expected to:

  • Assist full-time team members in internal and external document creation

  • Prepare marketing documents, pitch materials, confidential information memoranda, board presentations, management presentations, etc.
  • Conduct financial and company due diligence and industry research
  • Create financial analyses
  • Develop contact databases
  • Prepare marketing materials and other activities relating to execution of transactions

  Program Eligibility Requirements:

  • Ability to work beyond a full-time (37.5 hours/week) work schedule
  • Minimum cumulative GPA requirement of 3.0

  • Full submission of application, including submission of resume and unofficial transcript, by April 17, 2024

  Required Skills:

  • Strong finance and accounting skills
  • Exceptional research, analytical and quantitative reasoning skills
  • Self-starter with a high level of initiative and motivation
  • Ability to work in a self-directed manner in a project or deadline-driven environment
  • Superior interpersonal skills with the ability to establish and maintain relationships at all organizational levels
  • Ability to collaborate effectively and be a contributing member of the team
  • Demonstrate a strong desire to learn and quickly grasp concepts and information to apply to work assignments
  • Ability to prioritize and manage multiple projects and initiatives while maintaining a sense of urgency
  • Strong attention to detail and problem-solving skills
  • Demonstrated leadership and/or participation in extracurricular activities
  • Excellent verbal and written communication skills
  • Proficiency in Microsoft Office applications (Excel, Word, PowerPoint)
  • Experience with Bloomberg or Capital IQ preferred
  • Desire for a career in the financial services industry
  • A strong work ethic, a great attitude and a demonstrated interest in the finance profession are also critical

  Required Experience:

  • Currently enrolled in a 4-year accredited college/university and actively pursuing a Bachelor’s Degree
  • Must be a rising Junior (graduating in Spring 2026)
  • Finance, Accounting, Business, and Economics majors preferred but not required

  Janney is an award-winning full-service financial services firm founded in 1832 and committed to understanding our clients' needs and providing advice beyond investments. We are equally committed to building a diverse workforce and inclusive culture where employees can use their talents to thrive and grow professionally with the firm. Fostering a positive workplace experience remains a top priority. We’ve earned the Great Place to Work® certification, which recognizes employers that create an outstanding employee experience. Based entirely on what current employees say about their experience working at Janney, this prestigious recognition underscores our commitment to our people and culture. People are our strongest asset. We recognize that when our team members thrive, our firm is more successful.

  Janney Montgomery Scott LLC recently closed the acquisition of TM Capital. Founded in 1989, TM Capital is the client-first investment banking team advising industry-leading companies across North America and around the world. Janney and TM professionals share a relentless commitment to engineering extraordinary outcomes with an unmatched standard of client care. Over the last three decades, TM has completed nearly 450 transactions with a combined value of $30 billion. TM Capital is also a member of Oaklins, the world's most experienced mid-market M&A advisor, with over 850 professionals and dedicated industry teams in more than 45 countries, having closed 1,700 transactions in the past five years.

  Janney is dedicated to promoting and supporting diversity within our workplace. We provide an environment that promotes respect, integrity, teamwork, achievement and acceptance regardless of age, disability, education, gender, gender expression, gender identity, job level, marital status, military status, national origin, parental status, pregnancy, race, religion, sexual orientation, socioeconomic status, or other protected factors. Janney is committed to equal employment opportunities and providing reasonable accommodations to applicants with physical and/or mental disabilities.

  Other details

  • Pay Type Hourly

  Apply Now

• About the company

  Janney has more than 100 locations in the US with Financial Advisors ready to help you achieve your goals through wealth management, financial planning, retirement, and insurance.

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