Location:
1301 Avenue of the Americas - New York, New York 10019
Job Description
ABOUT KEY: Cleveland-based KeyCorp is one of the nation's largest bank-based financial services companies, with assets of approximately $189 billion (as of September 30, 2024) and employees of approximately 17,000. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through more than 1,100 full-service retail branches and offices; a network of more the 1500 ATMS telephone banking centers; and a website, Key.com®, that provides account access and financial products 24 hours a day.
ABOUT THE BUSINESS: KeyBanc Capital Markets (KBCM) is the corporate and investment banking arm of KeyCorp. KBCM is a leading full-service corporate and investment bank dedicated to serving the needs of clients in the following core industries: consumer, energy, industrials, healthcare and real estate. Our team of 750 bankers located across 14 states collaborates to deliver targeted financing and advisory solutions to clients. KBCM's core capabilities include M&A and financial advisory, syndicated finance, debt and equity capital markets, and corporate banking services.
The Infrastructure and Public-Private Partnerships business focuses on U.S. project finance transactions providing financial advisory services and, as part of Key's Institutional Bank, has the ability to source third-party debt capital through the capital markets (public or private, tax-exempt or taxable) and directly provide bank loans, all of which are important to both public and private sector clients. Infrastructure sectors include: Transportation (roads, airports, rail/transit, parking), Social Infrastructure (stadiums, student housing, government buildings), and Utilities (central utility plants, digital infrastructure, data centers, water/wastewater).
Essential Job Functions
KeyCorp is looking for an Analyst or Associate, preferably based in New York City or Houston, to lead day-to-day transaction analysis and workstreams, lead proposal development, and assist with practice operations and advisory engagement management. This individual will have primary responsibility for building financial models, performing qualitative and quantitative analysis, coordinating engagement activities, and spearheading proposal and marketing efforts.
The Analyst or Associate will be highly motivated, detail oriented and willing to take initiative, invest time, effort and critical thinking in order to provide infrastructure project finance including assistance in executing all facets of the group's mandates across financial advisory, debt arrangement, and balance sheet lending execution support. For balance sheet lending opportunities, coordination with credit, portfolio loan management, syndications, derivatives and other teams from origination through financial close and funding.
Required Qualifications
1+ years' experience in infrastructure project finance or public finance
Undergraduate degree in finance, mathematics, statistics, accounting, economics or other quantitative field
Series 50, 52 and 63 (within six months of employment) and potentially Series 79 (if required in the future)
Strong quantitative skills, including financial modeling and financial statement analysis with demonstrated knowledge of project finance model building techniques
Proficiency in the use of Microsoft Office with advanced experience in Excel
Experience with DBC Finance for structuring municipal bond transactions
Capable of developing plans of finance and can effectively prepare proposal and marketing materials
Capable of producing project teaser and information memorandums with the appropriate direction of senior bankers
Critical thinker with business intuition and intellectual curiosity
Hands-on, detail-oriented approach, with proven execution/process skills
Organized with ability to multi-task and manage multiple complex transactions and focused on delivering results and meeting strict deadlines
Excellent written and verbal communications skills - internally and externally
Demonstrates a strong work ethic; understands the importance of timeliness; efficiently multi-tasks; commitment of availability to senior bankers and overall team
Preferred Skills
A strong candidate will have some or all of the following:
U.S. experience with knowledge of Private Activity Bonds, Taxable Bonds/Private Placements, Tax-Exempt Bonds, Federal Loan programs (i.e., TIFIA, RRIF)
Experience with an investment bank or private sector developer
Experience in Transportation, Social Infrastructure and/or Utilities
Advanced degree or certifications such as: MBA; MA in finance, mathematics, statistics, accounting, economics; Series 50, 52 and 63; or CFA, CPA or equivalent
KeyCorp is an Equal Opportunity and Affirmative Action Employer committed to engaging a diverse workforce and sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.
COMPENSATION AND BENEFITS
Equal Pay Posting Language
This position is eligible to earn a base salary in the range of $125,000 to $175,000 annually depending on location and job-related factors such as level of experience. Compensation for this role also includes eligibility for short-term incentive compensation and deferred incentive compensation subject to individual and company performance.
Please click here (http://www.key.com/kco/images/Key\Benefit\Eligibility_Chart.pdf) for a list of benefits for which this position is eligible.
Job Posting Expiration Date: 07/01/2025
KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.
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 is an organization collectively committed to helping you unlock your potential and discover what truly drives you. Working here means sharing our purpose to help our clients, colleagues, and communities thrive. You'll find genuinely supportive teammates, a flexible, inclusive work environment, challenging projects, accessible leaders, and opportunities to grow in your position and your career. For 200 years, Key has opened doors in our communities. Let us open one for you.
