2027 Investment Banking Summer Analyst (Richmond, VA)
About the Role
Citizens Bank is seeking Summer Analysts to join the Capital Markets & Advisory (CM&A) team for a 10-week internship program starting in June 2027. This program is the primary method of sourcing full-time Investment Banking Analyst candidates. Summer Analysts will work closely with junior and senior professionals, gaining exposure to the day-to-day responsibilities of an investment banker in a fast-paced environment.
Responsibilities
Summer Analysts will be assigned to active and prospective engagement teams, contributing directly to live and prospective transactions. Specific responsibilities include:
- Financial Analysis: Financial modeling, comparable company and transaction analyses, leveraged buyout, and other valuation analyses.
- Preparing Information Memoranda and Transaction Documents: Draft key marketing and transaction-related documents.
- Supporting Team Members: Develop new business ideas, pitch strategies, or transaction structuring scenarios to help clients achieve their strategic objectives.
- Preparing Pitch/Business Origination Materials and Presentations: Develop and assemble pitches and presentations, and participate in delivering them.
Opportunity Overview
The program offers opportunities in two locations:
- M&A – Baltimore, MD: Focus on Downstream Energy & Convenience Retail industries. The team consists of eleven senior bankers and twelve junior professionals.
- M&A – Richmond, VA: Focus on Downstream Energy & Convenience Retail (DER) and Outdoor Recreation & Marine industries. The team consists of thirteen senior bankers and fourteen junior professionals.
Both locations provide hands-on experience, close collaboration with full-time Analysts and Associates, and personalized development through a dedicated mentorship program.
Qualifications
- Current students enrolled in an undergraduate or graduate program, graduating between Winter 2027 – Spring 2028.
- Minimum GPA of 3.2; Preferred cumulative GPA of 3.5 (include GPA on resume).
- Relevant work experience, leadership experience, and coursework in Finance, Accounting, or Economics preferred, but all majors considered.
- Proficiency in MS Office (Word, Excel, PowerPoint) required.
- Permanent work authorization in the United States is required (no CPT, OPT, or visa sponsorship available).
Skills and Attributes
- Intelligent, resourceful, professional, clear communicator, excellent attention to detail.
- Self-starter, intellectual curiosity, strong work ethic, team player.
- High degree of humility, maturity, and integrity.
- Ability to manage multiple projects simultaneously, efficient, adaptable, and strategic in time-sensitive situations.
Pay
This position offers $41/hr as an hourly rate. Since this is a temporary position, it does not include eligibility for Citizens colleague benefits programs, except as required by law.
Additional Information
For more details about our programs and application process, visit: https://jobs.citizensbank.com/en/Capital-Markets-and-Advisory.
Posting End Date: 09/26/2026