2026 Investment Banking Analyst Program

The Investment Banking ("IB") Analyst Program

The Investment Banking ("IB") Analyst Program -- is a challenging two-year full-time program designed to introduce new and recent college graduates to the foundational concepts and processes of investment banking, with a focus on merger, acquisition and divestiture ("M&A") advisory services and select junior capital raise / private placement assignments. IB Analysts work closely with other IB professionals to market the firm's advisory services to prospective investment banking clients, and to execute engaged advisory assignments on behalf of such entities. Prospects include both existing clients of Comerica Bank, as well as private companies, corporations and/or other entities that may not yet be clients of the broader firm; clients include both privately held and publicly listed companies, active across a range of industries and geographies.

The base Analyst Program is intended to be two years in length, with the possibility of a third year in the Analyst Program for select high performers. The program begins with an intensive training program that introduces new IB Analysts to the fundamental concepts of financial analysis and valuation, as well as regulatory training and licensing exams. New IB Analysts gain exposure to the full scope of Comerica's capital markets and other product offerings, including related areas such as Loan Syndications, Fixed Income, Derivatives and Foreign Exchange.

• Two-year program that includes formal finance, analysis, valuation and related classroom and on-the-job training
• Professional career development through assessments, coaching, team building and mentoring
• Direct exposure to senior and executive leadership both within Comerica Securities and at individual client companies through participation on small, project- and client-focused deal teams
• Collaborative and supportive team environment
• Gain in-depth knowledge of Investment Banking and Capital Markets products and services including M&A advisory, junior capital raising, Debt Capital Markets and Loan Syndications,
• Derivatives and Foreign Exchange
• Client Sectors: Middle Market businesses across manufacturing, industrials, business services and related fields, as well as clients across Comerica's national specialty groups including Technology & Life Sciences, Environmental Services, International, National Dealer Services, Food & Beverage, Consumer, Equity Fund Services and Large Corporates
• Location: Dallas, TX, with project-related travel throughout the United States and perhaps internationally
• IB Analysts must pass a background check and complete registration with securities industry regulator FINRA by passing the Series 79 and Series 63 securities exams within a defined period after matriculation; must maintain active and valid FINRA registrations for the duration of their employment

Position Responsibilities:

Program Structure and Development Opportunities

Training
The finance training portion of the program includes coursework in accounting, debt and equity capital markets, financial analysis, modeling and valuation, portions of which will be taught by Training the Street, Wall Street Prep or a similar third-party organization. IB Analysts will also receive self-study materials to guide their preparation for the applicable licensing exams (Series 79 and 63). The overall program is rigorous and thorough, combining the substance of a much larger investment bank's training program with the personal attention found in a seminar.

Training Program Completion

• Developing an understanding of the full breadth of Comerica's Investment Banking products and services offerings
• Successful completion of all training coursework and practical application
• Completion of securities licensing requirements:




• Participants will be provided time and support to prepare and take the applicable regulatory examinations they must pass to obtain the necessary securities licensing

Position Qualifications:
Minimum Qualifications

• Bachelor's degree in business, accounting, finance, economics or similar field
  One (1) accounting course (3 units) and one course (3 units) in finance, economics or related business classes with a minimum 3.4 grade point average
• Experience performing financial analysis, and preparing financial models and forecasts preferred
• At least 1 year of experience with Microsoft Office Applications (Microsoft Word, Excel, PowerPoint)

Seeking candidates with:

• Excellent interpersonal, verbal, and written communication skills
• Exceptional analytical, problem solving, and technical aptitude
• Time management skills, attention to detail and ability to handle multiple assignments
• Strong work ethic, customer-focus, and commitment to the communities we serve

About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check. Your fingerprints will be used to check the criminal history records of the FBI and may be subscribed in the FBI's Record of Arrest and Prosecution Background ("RAP Back") service, which provides ongoing notification to the Company of any updates to your criminal history.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

Comerica is proud to be an Equal Opportunity Employer - disability/veteran.