2027 KBCM Investment Banking Summer Analyst - Cleveland, OH

Location:

127 Public Square, Cleveland Ohio

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 undergraduate 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

Opportunities/Groups where interns may be placed include: Consumer & Retail, Equity Capital Markets, Financial Services, Industrial, Mergers & Acquisitions, Trading Services & Analytics, 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.

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.

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.

Industrial

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