CAP Associate - US (2026)

Capital Associate Program (CAP)

At Capital Group, our mission is to improve people’s lives through successful investing. We invest in public companies and fixed-income securities around the globe and are challenged with bringing unique perspectives and long-term thinking to our research and decision-making.

CAP is an opportunity for early-career individuals with diverse perspectives and experiences to learn and contribute to this mission by gaining direct exposure to investment management. CAP is a highly selective global three-year rotational program with cohorts in Los Angeles, London, Hong Kong, and Singapore. The program is focused on developing the skills relevant for investment management roles.  Providing development opportunities through hands-on experience, structured training, and ability to work with and learn from experienced investors. Associates with exceptional performance and have successfully completed the program will be promoted to roles with our investment units or investment-related groups.

We look for candidates with a strong interest in investing, which can be demonstrated through: 

• Academic studies.
• Investment/finance related internships.
• Extracurricular activities on/off campus, such as leadership roles with investment or finance clubs and participating in stock pitch competitions.

What does CAP offer you?

• Structured and personalized training to learn core investing and professional skills. We offer CFA sponsorship.
• Robust hands-on experience through rotations to learn and apply fundamental research and technical skills.
• Challenge yourself to think like an investor, demonstrate excellence and independent thinking in your qualitative and quantitative work. 
• Regular one-on-one coaching with experienced CG investment analyst and CAP manager.
• Peer learning from cohort members.
• Engagement in nonprofit of your choice to learn and apply invaluable leadership skills. 

Who should apply?

Undergraduate or master’s students in their final year of study (non-MBA) and those with up to 1-year of related experience post-graduation are invited to apply.

When we hire for CAP, we look for potential. We’re interested in:

• Highly curious, analytical, and critical thinkers with demonstrated interest in investing.  
• Ability and ambition to learn quickly and grow from experiences.
• Strong interpersonal skills with ability to collaborate well with others.

Timeline:

• Application Deadline: 4/4/2025
• We plan to host Super Day interviews in August 2025 for this position
• Additional 2026 CAP position posting timelines
  • Europe CAP Associate/Intern (August 2025)
  • Asia CAP Associate/Intern: (August 2025)
• Dates may be subject to change

Need work authorization? We may be able to obtain visas for CAP participants during and upon completion of the program. 

We hire MBA candidates and graduates through a separate recruiting process. Please check our website for more information. 

Need work authorization? We may be able to obtain visas for CAP participants during and upon completion of the program. We hire MBA candidates and graduates through a separate recruiting process. Please check our website for more information. 

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Southern California Base Salary Range: $87,382-$139,811

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In addition to a highly competitive base salary, per plan guidelines, restrictions and vesting requirements, you also will be eligible for an individual annual performance bonus, plus Capital’s annual profitability bonus plus a retirement plan where Capital contributes 15% of your eligible earnings.

You can learn more about our compensation and benefits here.

* Temporary positions in Canada and the United States are excluded from the above mentioned compensation and benefit plans.

We are an equal opportunity employer, which means we comply with all federal, state and local laws that prohibit discrimination when making all decisions about employment. As equal opportunity employers, our policies prohibit unlawful discrimination on the basis of race, religion, color, national origin, ancestry, sex (including gender and gender identity), pregnancy, childbirth and related medical conditions, age, physical or mental disability, medical condition, genetic information, marital status, sexual orientation, citizenship status, AIDS/HIV status, political activities or affiliations, military or veteran status, status as a victim of domestic violence, assault or stalking or any other characteristic protected by federal, state or local law.