Guggenheim Services, LLC

2024 Guggenheim Securities Investment Banking Summer Analyst – New York Structured Products Origination

Job Locations US-NY-New York
Posted Date 2 months ago(2/1/2023 9:42 AM)
ID
2023-2403
Job Category
Investment Banking Jobs
Position Type
Intern

Position Summary

Guggenheim Securities, the Investment Banking division of Guggenheim Partners, is seeking a 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 traditional and non-traditional asset classes, including franchise royalties, IP rights, data centers, oil & gas assets, venture debt, tax liens 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 and has raised over $105 billion across 280+ transactions executed since 2014. Guggenheim and transactions we have led have won numerous awards in the last several years, including the S&P Platts Global Energy 2022 Financial Deal of the Year (oil and gas securitization for PureWest Energy) and 2020 Financial Deal of the Year (oil and gas securitization for Diversified Gas & Oil), the GlobalCapital 2022 Esoteric ABS Deal of the Year (C-PACE securitization for Greenworks Lending), 2021 “Esoteric ABS Bank of the Year”, 2020 “Best Securitization Bank of the Year”, 2019 “Most Innovative Securitization Bank of the Year”, and 2018 “Esoteric ABS Bank of the Year”.

 

The role will be located in the firm’s New York office.

Essential Job Functions

  • Support deal team in all aspects of securitization transactions across a variety of asset classes
  • Help prepare marketing presentations, term sheets and rating agency materials
  • Develop securitization cash flow models and perform portfolio and historical data analysis for various types of assets
  • Conduct market research and industry review projects for new asset classes
  • Develop and maintain databases and automated tools used by the team to track information such as transaction pricings, investor participation, etc.

Preferred Qualifications

  • Strong quantitative skills required
  • Familiarity with MS Excel and MS PowerPoint required; previous experience with VBA within MS Excel or other coding/scripting experience a plus
  • Detail-oriented, organized, with initiative and ability to multitask and work as part of a team
  • Excellent written and verbal communication skills
  • Resourcefulness, intellectual curiosity and enthusiasm

Basic Qualifications

  • No jobseeker will be considered if these basic qualifications are not met.
  • Must be:
    • On track to receive a Bachelor’s degree in December 2024 or Spring 2025

Salary Details

  • A salary based on an annual rate of $110,000 per year.
  • The base salary amount represents the anticipated salary for this position. Actual base salaries may vary depending on factors such as location and experience. The salary listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us

Guggenheim Partners is a diversified financial services firm that delivers value to its clients through two primary businesses: Guggenheim Investments, a premier global asset manager and investment advisor, and Guggenheim Securities, a leading investment banking and capital markets business. Guggenheim’s professionals are based in offices around the world, and our commitment is to deliver long-term results with excellence and integrity while advancing the strategic interests of our clients.

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. Learn more at GuggenheimPartners.com, and follow us on LinkedIn and Twitter @GuggenheimPtnrs.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed