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Job Snapshot
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Employee Type:
Full-Time -
Location:
Newark, NJ -
Job Type:
-
Experience:
Not Specified -
Date Posted:
1/6/2025
Job 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
SumRidge Partners LLC is a top ranked principal based fixed income market maker, specializing in high yield and investment grade corporate bonds, municipal bonds, institutional preferred securities and emerging market bonds. SumRidge Partners was formed in 2010 following the aftermath of the financial crisis and subsequent liquidity shortfall that occurred within fixed income trading; operating as a premier, electronic based fixed income market maker.
Summer Associate Job Summary
Under general supervision, the SumRidge Non-Quantitative Trading Summer Associate uses knowledge and skills obtained through formal education and/or experience to work on specific projects within an assigned functional area. The Summer Associate will gain in-depth knowledge of the fixed income markets, trade execution and operations, fixed income securities (corporate and municipals), financial sales development and expansion skills and tools, and extensive knowledge about the fundamentals of the credit markets. Interns will work closely with the trading desk and learn all the roles of the sales and trading team. In addition, we will consider sponsoring qualified candidates interested in the opportunity to study for and take the General Securities Registered Representative License Exam (Series 7).
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
- Assisting sales and trading professionals with research, marketing, sales development, trade operations, and other tasks associated with the trading and sales desk.
- 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.
Job Requirements
Knowledge, Skills, and Abilities
Knowledge of
- General understanding of financial markets
- Quantitative problem solving using programmatic approaches (i.e. R, Python, Excel) is preferred
- Fundamental concepts, practices, and procedures of a professional office environment.
- Basic concepts, principles, and practices of an assigned business unit.
Skill in
- Strong analytical and communication skillsets
- 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
- 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
Education/Previous Experience
- Must be currently pursuing a bachelors degree with a graduation date between December 2025 and May 2027.
- Any equivalent combination of experience, education, and/or training approved by Human Resources.
Licenses/Certifications
- None required.
Location - Hybrid position %26ndash Jersey City, NJ
- No travel required.
#wayup
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm
