2025 Summer Associate - Fixed Income - Bond Accounting (Memphis, TN)-2403986

Description

Raymond James Overview

One of the largest independent financial services firms in the country could be the place you build a career beyond your expectations.

Our focus is on providing trusted advice and tailored, sophisticated strategies for individuals and institutions. Raymond James Financial is a diversified holding company, headquartered in St. Petersburg, FL. Raymond James provides financial services to individuals, corporations and municipalities through its subsidiary companies engaged primarily in investment and financial planning, in addition to capital markets and asset management.

At Raymond James, we are putting the power of perspectives into action and building an inclusive and diverse workforce that reflects our commitment to associates, and clients of the future. Our company values associate development and growth, offering opportunities through developmental programs, mentorships, and continuing education options.

We strive to ensure everyone feels welcomed, valued, respected and heard so that you can fully contribute your unique talents for the benefit of clients, your career, our firm and our communities. Raymond James is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Department Overview

Reportfolio bond accounting provides monthly reports to Fixed Income institutions. We provide clients and internal departments with cost basis, gain/loss, pricing, and performance reporting.

Seasonal Analyst Job Summary

Deliver superior client service through accuracy, timeliness, and consistency. Enter data, review daily reports, and research any discrepancies. This involves extensive interaction with fellow workers, other departments, and branch associates.

Under general supervision, the seasonal associate uses knowledge and skills obtained through formal education and/or experience to work on specific projects within an assigned functional area. The seasonal associate follows established procedures to perform tasks and receives general guidance and direction to perform other work with substantial variety and varied complexity. Some judgment is required to adapt procedures, processes, and techniques to apply to more complex assignments. Routine contact with internal and external customers may be required to exchange basic information.

This is a temporary role.

Work Schedule: Up to 40 hours per week for a limited time, determined by department need.

Start Date: June 2, 2025

End Date: August 8, 2025

Duties and Responsibilities -

• Inputs and maintains data on a Portfolio Management system and Brokerage Accounting system.
• Monitors daily reports and resolves discrepancies.
• Prepares and presents periodic reports to demonstrate comprehension of departmental functions and to offer observation and recommendations with respect to those functions.
• Assists in coordinating workflow of all functional areas within the department.
• Assists with creating and maintaining thorough job procedures.
• Specified projects and varied assignments.
• Works independently on assigned projects and tasks, meeting all delivery deadlines.
• Operates standard office equipment and uses required software applications.
• Performs other duties and responsibilities as assigned.

Qualifications

Knowledge, Skills, and Abilities

Knowledge of -

• Advanced accounting, logic, and analytical skills to understand how Raymond James brokerage, cost basis and performance systems operate.
• Fundamental investment concepts, practices and procedures used in the securities industry.
• Financial markets and products
• Financial service industry and specific knowledge of the functions and interrelations of the departments within Raymond James Financial
• Fundamental concepts, practices, and procedures of a professional office environment.
• Basic concepts, principles, and practices of an assigned business unit.

Skill in -

• Learning and applying new information, skills, and processes quickly and providing comprehensive and objective analysis.
• Above average problem solving.
• Organization and attention to detail sufficient to prioritize multiple tasks while working in a fast-paced dynamically changing environment.
• Microsoft Office applications sufficient to produce documents, spreadsheets, and email.
• Operating standard office equipment and using, or having the ability to learn, required software applications.
• Ability to work effectively as part of a virtual/hybrid team.

Ability to -

• Establish and maintain effective working relationships.
• Handle stressful situations and provide a high level of customer service in a calm and professional manner.
• Work well and support others in a team approach to problem solving as well as work independently when required.
• Motivate others to use proper operational procedures.
• Interact effectively with external and internal clients through both written and verbal communication.
• Give customer satisfaction high priority and proactively address customer needs.
• Organize and prioritize multiple tasks and meet deadlines.
• Communicate effectively, both orally and in writing.
• Work independently and collaboratively within a team environment.
• Provide a high level of customer service.
• Establish and maintain effective working relationships.

Educational/Previous Experience Requirements -

• Must be currently pursing a bachelor's degree in finance, accounting, business, or related major with a graduation date between December 2025 and June 2026.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.

Licenses/Certifications -

• None required.

Location - Hybrid position – Memphis office

No travel required.

#wayup

At Raymond James – as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.

Job: Investment Banking

Primary Location: US-TN-Memphis-Memphis

Organization: Fixed Income

Schedule: Full-time

Shift: Day Job

Salary Range: CO, CA, DC, HI, IL, NJ, NY, WA (based on Education, Work Experience, and Geographic Location) 23.00

Raymond James is a diversified financial services company providing wealth management, capital markets, asset management, banking and other services to individuals, corporations and municipalities. Founded in 1962 in St. Petersburg, Florida, the firm now has locations across the United States, Canada, the United Kingdom and Germany, and is listed on the New York Stock Exchange under the symbol RJF