Job Description
Location: 127 Public Square - Cleveland, Ohio 44114
Application Deadline: September 16, 2024 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 analyst program provides an excellent opportunity for senior-level banker and client exposure and higher, immediate "hands-on" experience.
About the Analyst Training Program Upon joining Key, all Analysts participate in an enterprise-wide, multi-week training program. Following the successful completion of the program, Analysts join their assigned business groups full time. Program highlights include:
- Foundational training in financial accounting, corporate finance theory, cash-flow analysis, credit/ risk analysis, and financial modeling and valuation
- Robust feedback and performance management
- Ongoing professional development opportunities
- Engagement with executives and senior leaders
- Social and networking activities with fellow Key Analysts
- Community involvement
About the Position KBCM Analysts impact our clients' businesses through involvement in all facets of investment banking activities, including equity and debt offerings, valuations, private placements, mergers and acquisitions, leveraged buyouts, and strategic advisory work. On a day-to-day basis our Analysts:
- Actively contribute to each phase of the deal process with high-level transaction teams
- Prepare financial models and valuations
- Create business development pitchbooks, management, and board presentations
- Conduct industry- and company-specific research
- Work in partnership with senior bankers
Required Qualifications: - Rising seniors 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
Locations where analysts may be placed include: Cleveland, Houston, New York, Portland, San Francisco, or Seattle
Groups where analysts may be placed include: Debt Capital Markets, Diversified Industries, Equity Capital Markets, Equity Research, Financial Sponsors, Financial Services, Industrial, Mergers & Acquisitions, Oil & Gas, Public Finance, Real Estate, Sales & Trading, Technology, or Utilities, Power, & Renewable Energy.
Debt Capital Markets Opportunities with in Debt Capital Markets include: High Grade High Yield, Loan Syndicate & Sales, and Syndicated Leveraged Finance The Debt Capital Markets team structures, markets and executes debt financing transactions for corporate and sponsor (private equity) clients in a wide range of industries. Common financing scenarios include acquisitions, dividend recapitalizations, debt refinancing, leveraged buyouts and working capital facilities. The Debt Capital Markets team raises debt capital for clients primarily through the bank, institutional term loan, high yield and investment grade bond markets.
Diversified Industries KeyBanc Capital Markets' Diversified Industries Group is a nationally focused relationship management group, operating through a regionally dedicated office in Chicago. The Diversified Industries Group serves clients across the middle market, in a variety of capacities spanning the breadth of Corporate and Investment Banking disciplines. From a Diversified Industries 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, Diversified Industries has served as a trusted advisor to middle-market companies across a variety of economic cycles.
Equity Capital Markets Connecting companies of all sizes with the public equity markets lies at the center of our investment banking business. From IPOs to follow-on, convertible, at-the-market and other public market offerings, KeyBanc Capital Markets teams are led by senior investment bankers with deep industry expertise. We help our clients succeed in raising the equity capital they need to reach their business goals, complete
acquisitions and make foundational investments in their future
Equity Research The Equity Research group is responsible for producing analysis, recommendations, and reports on investment opportunities that institutional investors may be interested in. Our Senior Analysts specialize in specific industries, providing recommendations on public companies as well as expert knowledge on their sector. Our equity research coverage includes Basic Materials, Consumer, Energy, Healthcare, Industrial, Real Estate, and Technology.
Financial Services The Financial Services Group (FSG) provides a comprehensive suite of corporate and investment banking services to a broad base of blue-chip clients. FSG's services include capital raising through both the debt and equity markets, treasury and enterprise commercial payments solutions, investment management and strategic advisory transactions. FSG serves publicly- and privately-owned companies operating in the Property & Casualty, Life & Annuity, and Health Insurance markets as well as public accounting firms, insurance broker-dealers, asset managers, specialty finance, consumer lending and more.
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. KBCM's 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.
Mergers & Acquisitions Orchestrating a successful transaction is both a business endeavor and an art form, requiring knowledge of industry and market subtleties. The KeyBanc Capital Markets® mergers and acquisitions teams are fiercely dedicated to analyzing the multitude of complex factors together with an understanding of our clients to realize a successful transaction. We leverage our deep investment banking expertise and expansive networks of both private equity firms and corporate relationships to deliver a full range of M&A options.
Every mergers and acquisitions team is led by a senior investment banker backed by the full resources of our debt and equity capital markets platforms, including our fixed income, institutional equities and private capital groups. In the past decade, we have advised more than 500 companies on strategic mergers and acquisitions, many in the middle market and within our industries of specialization.
In addition to our buy-side advisor services, we work on exclusive sales, divestitures, tender offers, joint ventures, strategic alliances, takeover defense, recapitalizations and restructurings.
Oil & Gas Together with the broader KeyBanc Capital Markets platform, our capabilities include corporate lending, debt and equity capital markets, M&A/A&D advisory, private placement advisory, commodity hedging derivatives and equity research, among others. Our oil & gas corporate lending commitments total approximately $2.3 billion across more than 60 clients, and since 2016, we have participated in more than 50 equity and debt offerings totaling over $23 billion. The Oil & Gas team's senior investment bankers offer deep domain expertise, bringing an average of nearly 20 years of corporate finance and energy industry experience.
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 $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.
Real Estate Our KeyBanc Capital Markets platform provides full-service financing for all types of Real Estate Investment Trusts (REITs) and private owners of real estate, from both the public and private equity markets, and includes joint venture funding and both buy-side and sell-side advisory services. We provide complementary services to KeyBank Real Estate Capital, which provides debt-side solutions. In the last decade, we have managed more than 250 transactions that delivered more than $56 billion in financing, including specialized services for non-traded REITs, triple net transactions and student housing.
Sales & Trading KeyBanc Capital Markets provides high-touch equities sales and trading services for institutional investors through multiple sales offices and trading floors across the country. Together with our award-winning equity research group, our equity sales team provides institutional clients with investment ideas that span the Consumer, Energy, Industrial, Basic Materials, Real Estate Investment Trusts (REITs), Healthcare, and Technology industries.
Our Equity Sales team works closely with portfolio managers to understand their needs and inform investment strategy execution, sponsoring 250 non-deal management roadshows a year and several conferences that provide investor access to C-suite institutional clients.
Our Equities Trading team combines domain expertise in middle market companies with state-of-the art algorithmic trading capabilities that help us obtain best execution on behalf of our institutional investor clients.
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
- 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
Compensation and Benefits During the initial training period, this position is eligible for a weekly salary range of $1,370 -$1,730 per week. Full-Time Analysts are eligible for overtime compensation during the initial training period which is paid in accordance with the Fluctuating Workweek Method. Following the training program, the base salary for this position range is $80,000 - $105,000.
*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.
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 HR_Compliance@keybank.com.
Job Posting Expiration Date: 01/15/2025
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 HR_Compliance@keybank.com. KeyBank
Job Tags
Full time, Temporary work, Work experience placement, Internship, Immediate start, H1b, Shift work,