FAQs
What is the main focus of the Securitization Intern role at Deloitte?
The main focus of the Securitization Intern role at Deloitte is to deliver a wide range of services related to securitization transactions, including performing agreed upon procedures for various types of structured products, such as Mortgaged-Backed Assets, Asset-Backed Securities, and Collateralized Loan Obligations.
What qualifications are required for this internship?
Candidates must be pursuing a Bachelor’s or Master’s degree with a concentration in Accounting, Business Administration, Finance, Economics, Statistics, Financial Engineering, or Quantitative Finance, along with a strong academic track record (cumulative GPA of 3.0 or above).
What skills are preferred for the Securitization Intern position?
Preferred skills include a cumulative GPA of 3.2 or above, exposure to programming languages such as VBA and Python, relevant work experience, demonstrated leadership, and social impact or volunteer activity.
Is travel required for this role?
Yes, the role requires the ability to travel up to 50%, on average, based on the work you do and the clients and industries/sectors you serve.
What is the work environment like for this internship?
The work environment is hybrid, which means interns should reside within a commutable distance from their assigned office and expect to be co-located 30-50% of the time, with variations based on types of work/projects and client locations.
What are some specific tasks an intern will perform?
Interns will perform tasks such as loan file reviews, analytics of underlying assets in securitization transactions, reviewing transaction offering documents, and performing post-closing compliance testing.
What opportunities for professional development does Deloitte offer?
Deloitte offers various opportunities for professional development, including on-the-job learning experiences, formal development programs, and mentorship, to help employees build new skills and advance their careers.
Are there any specific software skills required for this internship?
Yes, a strong understanding of Windows-based systems and proficiency with Microsoft Excel, Word, and PowerPoint are essential for this internship.
What is the compensation for this internship position?
The reasonable estimate of compensation for this role is $40.38 per hour, taking into account various factors such as skill sets and experience.
Does Deloitte provide accommodation for applicants with special needs?
Yes, Deloitte provides assistance for disabled applicants, and more information can be found on their website.