About the role#
Woodward Capital Management is the securitization arm of Rocket. We are a repeat issuer in the private-label RMBS market. As an intern, you will work on live deals alongside the team that structures, prices, and places them. You will gain direct exposure to every stage of a securitization, from loan tape to pricing to closing. You will also use AI tools as part of your daily workflow to assist with research, data analysis, and documentation.
What you'll do#
- Track the market by gathering data on issuance, new-issue pricing, spreads, and investor activity to provide clear takeaways for the desk.
- Build and refine Excel models for rate sheets and execution analysis while maintaining model accuracy and documentation.
- Monitor monthly performance of WCM-sponsored transactions, including prepayments, delinquencies, and seasoning trends.
- Support active transactions through the deal timeline, including diligence tracking, tape and document checks, and closing preparation.
- Help prepare investor presentations, conference materials, and relationship analytics.
- Use approved AI tools to analyze data, draft summaries, build charts, and pressure-test your work.
- Verify all AI-generated figures against source documents and follow strict data-handling rules to protect sensitive information.
What you'll need#
- Currently pursuing a bachelor's or advanced degree in finance, accounting, economics, math, engineering, or a related field.
- Strong Excel skills, including lookups and pivots, with a willingness to learn modeling best practices.
- Analytical and critical-thinking skills with the ability to work independently.
- Clear written, verbal, and presentation skills.
- A genuine interest in fixed income, structured products, and capital markets.
- Familiarity with Bloomberg, Python, SQL, or data visualization tools is preferred.
- Hands-on experience using AI tools to analyze data or improve workflows is preferred.
- Progress toward CFA, CAIA, or similar designations is a plus.
Location & details#
- This internship is located in Detroit, Michigan.
- This is a full-time, on-site, paid position for Summer 2027.
About Rocket
Rocket provides mortgage services to consumers. The company operates within the financial services sector. It is a public company with over 10,000 employees. The organization maintains a workforce of 11,258 people.
How to get in at Rocket
Applying early at Rocket gives you a distinct advantage before the recruiter's queue becomes unmanageable. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first and get seen before the pile grows. Reaching out to the person managing the hiring process often yields better results than a standard submission. Intern Insider surfaces the recruiters behind the company's roles so you can reach out directly to ask about the role or a referral, which materially improves response rates.
