2021 Guggenheim Securities Investment Banking Summer Analyst – New York Structured Products Origination
Guggenheim is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.
Category: Investment Banking
Position Type: Intern
The Investment Banking Analyst Internship Program - Structured Products OriginationGuggenheim Securities the Investment Banking division of Guggenheim Partners is seeking an Summer Analyst to join its Structured Products Origination team. Structured Products is a core focus area at Guggenheim and the firm is a market leader in providing its clients with a broad range of financing solutions using securitization technology applied to a variety of non-traditional asset classes including franchise royalties IP rights billboards aircraft tax liens cell towers venture debt and others.Securitization is a technology that by combining and isolating assets with stable predictable cash flows enables an issuer to access attractive sources of financing when compared to traditional forms of debt. Securitization results in the tranching of cash flows generated by a pool of assets into one or more instruments which carry varying risk/reward profiles called Asset-Backed Securities and the subsequent sale of the resulting instruments to investors. Asset-Backed Securities are frequently categorized based on the underlying assets which back them which range from the traditional (auto loans student loans credit card receivables etc.) to the non-traditional (franchise royalties tax liens venture debt etc.).Guggenheim ranks as the #1 underwriter of Non-Traditional Asset-Backed Securities with over $20 billion raised across 35+ transactions executed since 2014 including hallmark deals for Domino's Dunkin' Brands and Taco Bell.The role will be located in the firm's New York office.SPECIFIC RESPONSIBILITIES INCLUDESupport deal team in all aspects of securitization transactions across a variety of non-traditional asset classesHelp prepare marketing presentations term sheets and rating agency materialsGain an understanding of securitization cash flow modelingConduct market research and industry review projects for new asset classesDevelop and maintain databases and automated tools used by the team to track information such as transaction pricings investor participation etc.SKILLS & EXPERIENCE REQUIREDStrong quantitative skills requiredFamiliarity with MS Excel and MS PowerPoint required; previous experience with VBA within MS Excel or other programming experience a plusDetail-oriented organized with initiative and ability to multitask and work as part of a teamExcellent written and verbal communication skillsResourcefulness intellectual curiosity and enthusiasmMust on track to receive a Bachelor's degree in Dec. 2021 or Spring 2022ABOUT GUGGENHEIM SECURITIESGuggenheim Securities is the investment banking and capital markets business of Guggenheim Partners. Guggenheim Securities offers a full range of services that fall into four broad categories: Advisory Sales and Trading Financing and Research. Guggenheim Securities is headquartered in New York with additional offices in Atlanta Boston Chicago Los Angeles and San Francisco.