Associate, Infrastructure and Public-Private Partnerships

Location: 1301 Avenue of the Americas, New York, New York

Cleveland-based Key Corp 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 than 1,500 ATMs and telephone banking centers; and a website, , that provides account access and financial products 24 hours a day.

Key Banc Capital Markets (KBCM) is the corporate and investment banking arm of Key Corp. 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).

Key Corp is looking for an Analyst or Associate, preferably based in New York City or Houston, to lead day‑to‑day transaction analysis and work streams, 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.

• 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…