1301 Avenue of the Americas - New York, New York 10019
Application Deadline: March 30, 2023
Candidates are asked to apply to any location(s) they are interested in to be eligible for the different industry and product groups available at the specific location. A survey will be sent to all qualified candidates after the application deadline to specify your industry and product group preference.
KeyBanc Capital Markets
KeyBanc Capital Markets (KBCM) is a leading corporate and investment bank providing capital markets and advisory solutions to dynamic companies capitalizing on opportunities in changing industries. Our deep industry expertise, broad capabilities and unique ideas are seamlessly delivered to companies across the Consumer & Retail, Diversified Industries, Healthcare, Industrial, Oil & Gas, Real Estate, Utilities, Power & Renewables, and Technology verticals. With over 800 professionals across a national platform, KeyBanc Capital Markets has more than $30 billion of capital committed to clients and an award-winning Equity Research team that provides coverage on over 700 publicly traded companies.
The summer analyst program provides an excellent opportunity for senior-level banker and client exposure and higher, immediate “hands-on” experience.
About the Summer Analyst Program
KBCM provides its Summer Analysts unprecedented professional development opportunities through a mix of on-the-job training and structured, hands-on experience. The program is designed to provide broad experience across all stages of transaction executions, from pitch phase through closing. Because our Summer Analyst Program is a direct pipeline for our full-time Analyst positions, it offers exceptional potential for you to return to KBCM upon graduation to start your capital markets career.
Job duties may include:
- Perform financial modeling and valuation analysis on public and private companies: comparable company analysis, precedent transaction analysis, leveraged and discounted cash flow analysis.
- Assist in drafting offering memoranda, preparing internal committee memoranda, and creating client “pitch books”, management and board presentations.
- Rising juniors enrolled in a four-year, undergraduate degree program with coursework in finance, economics or accounting graduating by May of 2025
- Minimum 3.5 GPA
- Strong quantitative and critical thinking abilities
- Demonstrated leadership and teamwork from past work experience and/or extracurricular activities
- Highly motivated with a strong work ethic
- Outstanding interpersonal, communication and presentation skills
Groups where interns may be placed include: Consumer & Retail, Corporate Banking, Financial Sponsors, Industrial, Mosaic, Public Finance, Technology, or Utilities, Power, & Renewable Energy.
Consumer & Retail
The complexity of consumer and retail-related business means financial solutions must reflect market dynamics in a rapid and thoughtful manner. The KeyBanc Capital Markets’ Consumer & Retail team is led by senior investment bankers specializing in consumer products, specialty retail, restaurants, gaming, travel, food and beverage, and other consumer-facing sectors. They are experienced in providing actionable ideas and M&A advice, plus structuring debt and equity capital solutions that help build brands, fund operations and drive growth. As a leader in consumer and retail investment banking, our goal is to put in place the financial resources and intellectual capital that our clients need to operate efficiently and seize opportunities as they arise.
KeyBanc Capital Markets’ Corporate Banking Group is a nationally focused relationship management group, operating through regionally dedicated offices in Atlanta, Chicago, Cleveland, Houston, New York, San Francisco and Seattle. The Corporate Banking Group serves clients across the middle market, in a variety of capacities spanning the breadth of Corporate and Investment Banking disciplines. From a Corporate Banking perspective these capabilities include Lending, Leasing and Commercial Payments solutions. From an Investment Banking perspective, capabilities extend across Debt & Equity Capital Markets, Derivatives, Foreign Exchange and Mergers & Acquisitions Advisory. With clients ranging in revenue from $100 million to over $5 billion, Corporate Banking has served as a trusted advisor to middle-market companies across a variety of economic cycles.
Our professionals are able to bring financial sponsors to appropriate companies seeking investment, and to access a deep pool of equity investors interested in middle market companies. Once all parties are at the table, we move into execution. We leverage the resources of KeyBanc Capital Markets® to deliver M&A advisory services, debt and equity capital markets and leveraged finance solutions. Working with many financial sponsors time and time again, we bring our trusted partners opportunities on a regular basis, with the understanding that when we commit, we get the deal done. KBCM’s highly specialized teams are able to deliver financial sponsors to companies in need of investment within multiple industries.
Provides investment banking services targeting middle market industrial companies and industrial-focused financial sponsors. Service offering includes M&A advisory and capital markets capabilities ranging from public and private financing to equity issuance. The Industrial group is both deal origination and execution focused, presenting a great opportunity to engage in pitches and deal execution across a wide breadth of financial services.
Mosaic delivers exclusive access to today’s leading private company executives and senior technologists across emerging themes and disruptive technologies impacting both the technology sector and traditional industries.
Our team works directly with our institutional investor clients and our executive industry leader community, as well as our partners in Equity Sales, Trading & Research to identify thematic areas of investor interest, including cross-industry intersections, tech-driven disruption, and evolving competitive landscapes.
To meet our clients’ needs, we design, curate, and moderate events & discussions between institutional investors and private company executives with visibility and experience around those interest areas. Investors and private company executives both benefit from these collaborative and informative discussions, via insights gained as well as through collaborative relationships.
Our Public Finance Group professionals advise, structure and execute financings for governmental issuers, non-profit entities (including those in the healthcare, development finance and higher education sectors, among others) and corporate, tax-exempt borrowers to deliver strategic solutions that help clients achieve their financial goals. The Public Finance Group operates out of thirteen regional offices across the country and has underwritten more than $65 billion in municipal bonds since 2015, with individual issues ranging from $250,000 to over $1 billion. KBCM has been committed to expanding its presence in the municipal finance industry, which is evidenced by its recent acquisition of Cain Brothers & Company, LLC (“Cain Brothers”) in October 2017. Cain Brothers is a pre-eminent healthcare-focused investment banking and public finance firm that specializes in healthcare providers, healthcare services, life sciences and medical technology.
KBCM’s Technology Group operates at the leading edge, where global connectivity and the continuing evolution of technology is fueling unprecedented change across all industries. We apply our knowledge of the drivers of value creation, a network of relationships and a comprehensive suite of corporate and investment banking services to assist our clients in gaining competitive advantage and achieving superior returns from the seismic shifts occurring in technology and its broader impact. Through a highly specialized team of institutional sales and trading, equity research and investment banking experts, we offer a broad spectrum of financial tools and products, including equity and debt capital markets, M&A advisory, syndicated finance and other corporate banking services.
KBCM Technology Group specializes in a variety of sectors, including:
- Communications & Infrastructure
- Energy & Industrial Technologies
- Software & Security
- Tech Services
(Note: Sector coverage varies by office location.)
Utilities, Power, & Renewable Energy
KeyBanc Capital Markets Utilities, Power & Renewable Energy group provides innovative and bespoke financial and advisory solutions through deep industry knowledge to meet the needs of both public and private sector clients involved in building, owning and operating energy infrastructure.
- Raised $100+ billion in debt and equity financing, while assisting in over $3 billion in M&A transactions for our Utility & Power clients
- Raised debt capital for 500+ projects in 34 states since 2010, representing over 22.0 GW of renewable energy generation
- Advised on the sale of over 3.9 GW of energy assets since 2012
*KeyBank’s Campus Program Internship and Analyst positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility
COMPENSATION AND BENEFITS
This position is eligible to earn a weekly salary in the range of $1,340 to $1,730 per week depending on location and coverage group. Summer Analysts in this position are eligible for overtime compensation which is paid in accordance with the Fluctuating Workweek Method. Compensation also includes a $2,000 Summer Analyst Sign-on Bonus.
Please click here for a list of benefits for which this position is eligible.
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to building a diverse, equitable and inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other protected category.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing [email protected].