2027 Treasury Summer Analyst Program – New York

Jefferies Treasury Summer Analyst Program – New York

About Jefferies

Jefferies is a leading global, full-service investment banking and capital markets firm providing advisory, sales and trading, research, and wealth and asset management services. With more than 40 offices worldwide, the firm offers insights and expertise to investors, companies, and governments.

What You Can Expect

Jefferies Summer Interns have the opportunity to gain insight into a global, client-focused investment bank and experience an entrepreneurial environment where employees can make an immediate impact and are rewarded for performance. You will be exposed to Jefferies’ full range of products and leading industry expertise.

Our lean team structure provides hands-on experience and helps you build lasting personal and professional relationships with peers and senior professionals. After an enriching orientation program, Interns begin working on day-to-day responsibilities with support from colleagues who serve as instructors and mentors throughout the internship program. Interns also receive formal performance reviews.

Interns work on projects that incorporate research, analysis, and recommendations, while being challenged to think creatively, contribute ideas, and add value from day one. As with everyone at Jefferies, Interns are expected to pursue their projects with excellence, a collaborative spirit, and the highest levels of integrity.

What We Look For in a Candidate

• Eager to make an impact for clients through real, hands-on work
• Ability to multitask and manage multiple projects simultaneously
• Professionalism and strong relationship management skills
• Strong technical, written, and verbal communication skills
• Ability to work in a fast-paced environment under pressure and tight deadlines
• Adaptable, capable of working independently and as part of a team
• Strong academic background; pursuing a four-year Bachelor’s degree (or equivalent)
• Background in finance is helpful, though candidates from a variety of disciplines are welcome

Desired Background and Skills

• Undergraduate candidates pursuing a Bachelor’s degree
• Expected graduation between December 2028 and June 2029
• Proficient in Microsoft Office, including Word, Excel, and PowerPoint
• Access skills is a plus
• Broad understanding of financial markets
• High level of professionalism
• Ability to work under pressure with tight deadlines
• Team player who excels independently and collaboratively
• Strong attention to detail and organizational skills
• Strong written and verbal communication skills

Work With Us – Opportunities in Treasury

Jefferies Corporate Treasury actively manages the firm’s funding, liquidity, and capital deployment by working closely with business units and senior management. The key objectives of Treasury’s framework are to support the successful execution of business strategies while ensuring sufficient liquidity through the business cycle and during periods of financial distress. The department also maintains Jefferies’ relationships with banks, other creditors, and rating agencies. All functions are performed within regulatory requirements and the firm’s risk objectives.

The core responsibilities managed by the Jefferies Treasury team include:

Liquidity Risk Management

• Liquidity risk management is largely overseen by the Treasury Analytics Group.
• Funding and liquidity risk management is centered on measurements of liquidity risk in both market-wide and firm-specific stresses.
• Two primary metrics—Maximum Liquidity Outflow and Cash Capital—form the core basis for evaluating and managing the firm’s liquidity.
• Treasury Analytics facilitates weekly reporting of capital and liquidity buffer charges to the businesses.
• Provides daily cash usage figures for business units and daily reports on excess cash/liquidity buffer balances.

Capital Planning, Raising & Allocation

• Capital management emphasizes Cash Capital and Maximum Liquidity Outflow.
• While equity is a component of cash capital, planning for capital needs, raising marginal capital, and allocating capital to business units are driven by firm-wide and business unit-level cash capital requirements.
• Incremental capital needs are met in longer-term debt markets.
• Analysis ensures equity is sufficient in the context of balance sheet risks (i.e., risk of loss) and risks within business units, as well as regulatory capital requirements of the firm’s principal regulated operating subsidiaries.
• Regulatory capital needs are met with a combination of equity and subordinated debt.
• Monitors the issuance and maturity of firm debt (medium and long-term funding).

Bank Relations, Rating Agencies Relations, and Creditor Relations

• The Bank Relations Team manages bank and custodial relationships, including credit and trading relationships.
• Compiles and analyzes MIS reports to assess competitiveness of bank/sub-custodian fees.
• Supports periodic negotiations of bank fees and reviews/remedies operational inefficiencies.
• Manages the account opening and setup process internally and externally.
• Completes bank-required forms, including KYC requirements, and negotiates legal agreements.
• Maintains authorized signatory lists, resolutions, and associated corporate documentation.
• Serves as the primary internal contact for escalation of bank and/or custodian issues.
• Assists with new credit-related documentation and follow-ups with business units and banks, including credit marketing.

Monitoring and Reporting

• Monitors and reports on Liquidity, Cash Usage, Risk, Balance Sheet, Intraday, and unfunded Commitments.

Inclusion, Equal Employment Opportunity, and Reasonable Accommodations

Jefferies is committed to building a culture that provides opportunities for all employees regardless of differences and supports a workforce reflective of the communities where we work and live. The firm’s employment decisions are made without regard to protected characteristics under applicable law. Jefferies also provides reasonable accommodations to individuals with disabilities, as required by law.

Compensation

The salary for this role is $70,000 (pro-rated for the 10-week internship program).