2026 KeyBanc Capital Markets Investment Banking Full-Time Analyst Equity Research (Cleveland, San Francisco or NY)

Location:

127 Public Square, Cleveland Ohio

application deadline - February 25, 2026

Will be placed in either our Cleveland, San Fran or NY office - location TBD during interview process

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

Required Qualifications: 

• Interest in either our New York, San Fran or Cleveland office (location TBD during interview process)

• Seniors enrolled in a four-year, undergraduate degree program with coursework in finance, economics or accounting graduating by May of 2026

• 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 

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. 

*KeyBank’s 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.

COMPENSATION AND BENEFITS

Compensation and Benefits

During the initial training period, this position is eligible for a weekly salary range of $1,340 -$1,440 per week. San Fran - $24/hour. Full-Time Analysts are eligible for overtime compensation during the initial training period which is paid in accordance with the Fluctuating Workweek Method for NY and CLE. Following the training program, the base salary for this position range is $80,000 - $85,000.

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

Key has implemented an