Former Discover Intern, Investment Banking Analyst - 2026
Key Details:
Full-time new hires will start in a two-year program commencing in July 2026.
The two-year development program is designed as a career accelerator to foster the next generation of investment banking talent.
Participation in the program requires that you are located in the continental United States with in-person attendance at your assigned location, in accordance with Capital One's hybrid working model (https://www.capitalonecareers.com/a-hybrid-work-model-at-capital-one-101#:~:text=How%20our%20hybrid%20model%20works,independent%20and%20heads%2Ddown%20work.) .
In order to be eligible for this role, you must have participated in a 2025 Discover internship.
At this time, Capital One will not sponsor a new applicant for employment authorization, or offer any immigration related support for this position (i.e. H1B, F-1 OPT, F-1 STEM OPT, F-1 CPT, J-1, TN, E-2, E-3, L-1 and O-1, or any EADs or other forms of work authorization that require immigration support from an employer ).
Basic Qualifications:
Currently has, or is in the process of obtaining, a Bachelor's degree or higher with an expectation that you will complete your most recent full-time degree program by July 2026 or earlier
Preferred Qualifications:
Major in Finance, Accounting, Business, Economics, or Mathematics
Excellent interpersonal and written communication skills
Exceptional quantitative, analytical, problem solving and conceptual skills
Knowledge of general accounting and finance principles
Passion for the financial markets and the economy
Strong Microsoft Word, Excel, and PowerPoint skills
Ability to work in a fast-paced, collaborative and dynamic environment
Investment Banking Development Program - 2026
At Capital One, we are a Top 10 U.S. Bank, with the strength and stability to meet the needs of any business. Our Commercial Banking group services a $70+ billion loan portfolio and more than 6,100 clients. We span several lines of business to deliver strategic client solutions by driving digital innovations that transform businesses and industries.
Our Capital Markets team is growing at a fast pace and includes a broad array of products and services, including but not limited to: Debt & Equity Capital Markets, Structured Products, Loan Syndications, Derivatives, and Mergers & Acquisitions, which include two leading Investment Banking platforms; TripleTree focused on healthcare and KippsDeSanto, Co. focused on aerospace & defense.
What is the Investment Banking Development Program at Capital One?
We have designed a 2-year investment banking development program to help you launch a challenging, accelerated and rewarding career within Capital Markets at Capital One. The program awards you a full-time Analyst position within one of Capital Markets's line of business: Derivatives, Financing, M&A, KippsDeSanto or TripleTree and offers substantial opportunity for professional development and upward mobility. You'll receive hands-on, technical and market-oriented training and be exposed to leaders throughout the broader team that will help you build a strong foundation for your career in investment banking.
You'll also receive guidance along the way to help foster your ongoing career development and transition from college into the full-time workplace, helping you build the confidence, skills, and experience to accelerate your career. Challenging team and individual projects, constant client interaction, broad product exposure, along with an immersion into multiple areas of Capital Markets and the Commercial Bank will help you grow your competencies and allow you to establish yourself as a leader in the organization and the broader financial services industry.
We value collaboration and innovation. Within the Capital Markets team, you'll find energized, positive people rolling up their sleeves to deliver value-added solutions, products and services for our clients. If you want to be part of a fast-paced, client-centric and strategically-growing business, we want you to join our talented group!
Roles and Responsibilities:
Organize and create client marketing presentations, memoranda, and deliverables
Develop an in depth understanding of Investment Banking products and services
Conduct industry and market research and analysis and recommend solutions to clients
Prepare and analyze historical and projected financial and market-related information
Assist in the preparation of financial models and business valuations
Work closely with Capital One's relationship bankers and Underwriting teams to provide Capital Markets insight and deepen the product and/or advisory suite for their clients
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Bloomington, MN: $110,000 - $110,000 for Investment Banking Analyst; $110,000 - $120,000 for KDC Investment Banking Analyst; $110,000 - $120,000 for TT Investment Banking Analyst
McLean, VA: $110,000 - $110,000 for Investment Banking Analyst; $110,000 - $120,000 for KDC Investment Banking Analyst; $110,000 - $120,000 for TT Investment Banking Analyst
Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.
Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website (https://www.capitalonecareers.com/benefits) . Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.
No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.
If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com . All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
