Intern - Capital Markets

About the role#

Emigrant Bank is seeking a versatile intern to join the Capital Markets department. This full-time, on-site role involves supporting a boutique private bank through analytical and communication-focused tasks. The position offers exposure to various banking functions and requires an individual eager to master complex financial concepts.

What you'll do#

• Prepare materials for Board of Director meetings and quarterly Account Review Committee (ARC) meetings.
• Produce daily, weekly, monthly, and quarterly Excel reports regarding banking activity, interest rates, and loan origination.
• Conduct analysis of prospective client portfolios to assist in proposal development.
• Perform Corporate and Municipal Bond credit analysis, ongoing surveillance, and participate as a credit committee member.
• Manage Interest Rate Swap market-to-market and daily margin posting.
• Handle Mortgage Pricing, Bank Liquidity Reporting, and Foreign Currency Hedging.
• Develop knowledge of the BNY Pershing NetX360 custodian platform.
• Prepare regulatory and audit responses for external agencies.

What you'll need#

• Bachelor’s degree in Finance, Economics, or a related field; an MBA or advanced education is a plus.
• Strong attention to detail.
• A desire to work in a demanding environment.
• Eagerness to learn complex financial concepts.

Location & details#

• Location: New York, New York.
• Work Modality: On-site.
• Compensation: $25–$30 per hour, based on experience.
• Employment Type: Full-time.