Detroit Capital Markets Analyst Development Program
Capital Markets Analyst Development Program, Comerica Capital Markets
The Capital Markets Analyst Development 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 capital market product offerings including Investment Banking, Debt Capital Markets, Derivatives and Foreign Exchange trading. Depending on individual performance, some analysts are invited to stay for a third year and move into one of our Capital Markets operations.
- Two-year development program that includes formal finance and credit training classroom sessions
- 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 Mergers & Acquisitions, Debt Capital Markets, Derivatives and Foreign Exchange services
- Lines of Business: Technology Life Sciences, Equity Fund Services, Environmental Services, Mortgage Banker Finance, International, National Dealer Services, as well as Large Corporate and Middle Market sectors
- Program Footprint: Dallas, TX, Detroit, MI
Start Date: Summer 2023
Hybrid/Remote Flexibility
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 intensive classroom training sessions. In this program the Analysts will:
- Receive intensive credit analysis training
- Analyze financial information to identify key strengths, credit risks, and mitigating factors associated with credit requests
- Determine appropriate debt structures to meet customer needs
Phase II: Finance Training -- "Training the Street"
The Finance training portion of the program includes coursework in accounting, communication skills, debt and equity capital markets, Excel, financial analysis, modeling and valuation primarily taught by Training the Street. The last week includes preparing for and taking the applicable licensing Series 79 top-up exam. 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 products and services offerings, with particular emphasis on Capital Markets
- Successful completion of all finance and credit training coursework and practical application
- Prepare a final project presentation that demonstrates finance and credit skills learned in the program
Position Qualifications
Minimum Qualifications
- Bachelor's Degree. Preferred degree in Business, Accounting, Finance, Economics or similar degree 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)
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