Job Description

Job Description Summary

Follow established procedures to perform tasks and receive 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.

Job Description

Department Overview

The Raymond James Alternative Investments Group (AI Group) includes over 40 professionals responsible for the research, marketing, operations and administration of alternative investments. Currently, ten professionals are dedicated to product development and due diligence. The Due Diligence Team (“IDD Team”) includes individuals who hold the Chartered Financial Analyst® designation as well as the Chartered Alternative Investment Analyst designation and collectively have extensive experience in alternatives research, including hedge funds, private equity, real estate, distressed debt, venture capital, private credit, and real assets. The AI Group reviews and selects high-quality, non-traditional investment products to serve the more extensive financial needs of certain qualified investors.

Job Summary

Under general supervision, the Alternative Investments Summer Associate will support the IDD Team in conducting quantitative and qualitative due diligence, investment analysis (e.g. financial modeling, risk analysis, validating investment merits, etc.), and making recommendations on hedge funds, private equity funds, real estate funds, credit funds, and other non-traditional investment opportunities.

The summer associate position is a temporary role.

Start Date: Monday, January 4, 2027

End Date: TBD

Work Schedule: Monday through Friday, up to 20 hours per week.

Duties and Responsibilities

• Participating in calls and meetings with investment management firms and taking detailed notes.
• Logging notes and other sources of information within the IDD Team database.
• Helping to support IDD Team in quantitative and qualitative due diligence as well as investment analysis (e.g., financial modeling, benchmarking, risk analysis, etc.) on non-traditional investment products.
• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Knowledge of –

• Securities markets in general
• MS Office applications
• Bloomberg
• eVestment or other hedge fund databases are a plus
• FactSet or similar research management systems are a plus
• Cobalt/Pitchbook are a plus

Skill in –

• Taking detailed notes
• Excellent written and verbal communication skills
• Excel and PowerPoint

Ability to –

• Handle multiple priorities
• Self-motivate
• Meet multiple critical deadlines

Educational/Previous Experience Requirements

• Junior standing (May 2028 graduates) pursuing a bachelor’s degree in business, finance, or related field.
• Any equivalent combination of experience, education, and/or training approved by Human Resources.
• Eligible applicants must be legally authorized to work in the US and not require visa sponsorship now or in the future (including beyond OPT/EAD).

Licenses/Certifications

• None required.

Location

• Hybrid position – St. Petersburg, FL
• No travel required.

Education

High School (HS) - Completed

Work Experience

General Experience - 4 to 6 months

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

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

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.

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