Investment Banking Spring/Summer Internship

2 weeks ago


Austin, United States Corner Capital Partners, LLC Full time

Position Overview:

The Investment Banking Spring/Summer Intern position at Corner Capital starts as an unpaid, part-time role (12-15 hrs/week) in the Spring and transitions to a full-time, paid internship (40 hrs/week) after the Spring semester.


The Investment Banking Intern is a critical team member who helps support all Corner Capital projects from underwriting valuations and transaction-related material, communicating and sharing information with clients, managing daily tasks and administrative functions, and marketing / business development initiatives. The primary goal for an Intern is to learn and grow from taking on the responsibilities of supporting all functions of Corner Capital’s projects, both internally and externally. An ideal candidate will learn quickly, enjoys working with a close team, and thrives in an entrepreneurial environment in which every team member takes ownership of Corner Capital’s work product.


Responsibilities:

Underwriting and Financial Modeling:

  • Assist in the creation of valuations, project material, and all financial modeling analyses in support of Corner Capital engagements.
  • Understand the key value drivers in our projects and valuation methodologies.
  • EV/EBITDA Comparable Transactions, Direct Capitalization (Cap Rate) and Discounted Cash Flows.


Understand the factors & scenarios that determine whether a client is finance-able:

  • Acquisition Financing, Refinancing, Restructuring scenarios.
  • Debt Sizing Models & Ratios: Fixed Charge Coverage Ratios (FCCR), Leverage (Total Debt / EBITDA), Debt / Equity and Loan-to-Value (LTV), are examples of tools to understand.


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