Investment Banking Associate Jobs in California

Zions Bancorporation’s internship 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.

Zions Bancorporation (NASDAQ: ZION) is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets.

We value our employees, and we are committed to search out, recognize, and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers.

Zions Capital Markets
Zions Capital Markets (“ZCM”) operates as a division of Zions Bancorporation and comprises five product areas that operate as a unified, national platform with deep regional expertise. Our teams collaborate to deliver targeted, client-driven solutions to help companies raise capital and execute strategic transactions efficiently and effectively.

Investment Banking: Provides advisory and execution services, specializing in mergers and acquisitions (sell-side/buy-side transactions), capital raising, and strategic advisory. Customized engagements assist clients in achieving strategic milestones throughout their business lifecycle, including growth and transition strategies, with meticulous attention to detail and process
Debt Capital Markets: Provides debt solutions to clients through Loan Syndications and Securities Underwriting. Loan Syndications structures and arranges multi-bank credit facilities ranging in sizes from $50MM to $1B+. Securities Underwriting* provides execution capabilities for capital raising activities including underwriting debt and equity for public and private securities issuances
Power & Project Finance: Originates and executes custom financing solutions for owners of power generation assets and power-related infrastructure projects across the U.S. via a specialized team of experienced industry experts
Real Estate Capital Markets: Provides nationwide direct lending solutions across the commercial real estate lifecycle through two primary lending platforms: CMBS Lending and Agency Lending (Fannie Mae DUS and Freddie Mac Optigo). The team directly originates and underwrites fixed-rate commercial and multifamily mortgage loans, delivering non-recourse financing solutions for income producing commercial real estate. Through its CMBS platform, RECM originates loans for securitization, while its Agency platform provides multifamily financing through Fannie Mae and Freddie Mac programs
Sales & Trading: Provides a full array of foreign exchange, commodities and interest rate risk management solutions to assist clients with managing exposure to changes in price volatility in the market

Our approach is simple - help companies we know well connect with and tell their story to investors and capital providers we also know well.

Investment banking and securities underwriting activities are offered through Zions Direct, Inc., member FINRA / SIPC. For more information, please see our website at www.zionscapitalmarkets.com .

Investment Banking Internship Program:
As a Zions Capital Markets Investment Banking intern, you will support live transaction execution by conducting company and industry research, analyzing market data, and building detailed financial and valuation models for mergers and acquisitions, leveraged buyouts, and capital markets advisory. Under the guidance of senior team members, you will actively participate in diligence sessions, client meetings, and internal discussions while contributing to deliverables that help address complex, real-world business challenges. Throughout the internship, you will strengthen your technical skills, gain exposure to how we advise clients and support growing businesses, and build meaningful relationships with mentors, peers and senior leaders.

Zions Capital Markets is looking for candidates who have:
BA/BS degree in Business, Finance, Economics, Accounting, and/or related majors, with a scheduled graduation date between May 2028 – June 2028
Overall GPA of 3.5 or above
Strong interest in finance and capital markets
High degree of academic and extracurricular achievement
Proven analytical ability, critical thinking, and attention to detail
Solid leadership and interpersonal skills
Superior written and oral communication skills
Ability to work well in a fast-paced, team-oriented environment
Comfortable working with peers at all levels, ranging from fellow analysts through Managing Directors
Flexibility to work long hours, nights, and weekends, as needed for transaction workflow

This position is eligible to earn an hourly wage of $43.

Anticipated Application Close Date:
Friday, September 18, 2026