What are the responsibilities and job description for the 2024 Guggenheim Securities Investment Banking Summer Associate – Menlo Park TMT position at Guggenheim Services, LLC?
Position Summary
We are seeking exceptional Associate Interns to join our Investment Banking team in Technology Media and Telecom (TMT) Investment Banking team in Menlo Park. The TMT team advises clients in the technology media and telecom sectors on various financial transactions including mergers and acquisitions equity/equity-linked and debt financings joint ventures restructurings and financial investments. Key sub-sectors covered in the Menlo Park office include Security Software Infrastructure Software Data and Analytics Application Software Vertical Software Enterprise Infrastructure and Systems. The team is a rapidly growing and critically important strategic initiative for Guggenheim Securities. Associate interns will join our highly collaborative team responsible for providing advisory services to private equity firms and corporate clients with a strong emphasis on sell-side advisory engagements.Guggenheim offers an unparalleled opportunity to work as part of small transaction teams on major strategic assignments providing meaningful exposure to senior bankers and client representatives. Candidates should be top performers who are willing to work hard in an unstructured environment where initiative creativity maturity and enthusiasm for learning are highly valued.Our 10-week internship program is designed for students interested in pursuing a career in investment banking with an emphasis on the TMT and sell-side advisory. The program includes formal training mentoring programs networking and social events community service events and a strategic advisory project that provide our interns with a unique experience and invaluable look into our culture and the investment banking business. Interns become important members of our deal teams and work as a junior associate on a variety of interesting strategic advisory assignments. You will have significant exposure to senior bankers and client representatives as well as the ability to create meaningful relationships with junior bankers.We aspire to continuously refresh and cultivate a culture of Innovation Diversity and Inclusion. In a client services business like ours our team members are the product the service and the offering. We will provide best-in-class Investment Banking training—formal and hands-on—as you develop your professional toolkit: M&A process management business acumen financial analysis data analysis soft-selling and presentation skills professional communication (verbal written and virtual) negotiations and more. We are seeking highly motivated individuals with exceptional quantitative and communication skills looking to jump-start their career through hands-on training and experience at a growing firm. The Investment Banking unit will source most of its full-time associate class from the internship program.Essential Job Functions
- Support deal teams in developing, maintaining and using complex financial models
- Perform various financial analyses, including valuations and merger consequences
- Perform comprehensive company and industry research and gain in-depth understanding of sector trends, client challenges and strategies in order to develop innovative and creative solutions for our clients
- Create client pitches, software and enterprise thought pieces and management presentations
- Prepare client presentations and interacting with senior bankers, clients, lawyers and accountants
- Participation in due diligence sessions, communication and interaction with deal team members
- Management of several projects at once and work effectively as an individual and as part of a team
- Managing and developing junior staff qualifications
Preferred Qualifications
- 2-5 years of work experience
- Core modeling and valuation experience
- Significant level of maturity and the ability to work as a team interfacing with top company executives and senior management
- Highly organized, with the initiative and ability to work with limited supervision
- Excellent analytical skills and attention to detail
- Strong written and oral communication skills
- Effective process management abilities
- Must be on track to receive an MBA in Finance / Economics or a related field from a top university
Basic Qualifications
- No jobseeker will be considered if these basic qualifications are not met.
- Must be:
- On track to receive a Master’s degree in December 2024 or Spring 2025
Salary Details
- A salary based on an annual rate of $175,000 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.
Salary : $175,000