2027 KBCM Investment Banking Summer Analyst New York, NY

Location:

Application Deadline: February 25 2026

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.

Required Qualifications:

• Rising juniors enrolled in a four-year undergraduate degree program with coursework in finance economics or accounting graduating by May of 2028
• 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 Financial Sponsors Industrial 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.

Financial Sponsors

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. KBCMs highly specialized teams are able to deliver financial sponsors to companies in need of investment within multiple industries.

Industrial

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.

Public Finance

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 $250000 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.

Technology

KBCMs 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 anetwork 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
• FinTech
• Internet
• 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.

Select Achievements:

• 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

*KeyBanks 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 $1340 to $1730 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 $2000 Summer Analyst Sign-on Bonus.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

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