While a majority of the principal accountabilities are assigned by the intern's direct manager, there is a determined effort across the Bank to make each intern a dynamic part of the team with interesting projects. Accountabilities can and may include areas such as research, analytics, projects, strategy, process review and improvement, as well as technology enhancements and support. Attend professional development sessions, informational sessions, networking and community service events while having a dedicated manager and program manager to help you navigate the bank and the internship program.

Each intern will be assigned a project which will be designed to improve a specific process or solve a problem that will be presented at the close of the internship. A wrap-up presentation will be prepared by the Interns to be shared with the division leader and other key stakeholders in the company to outline their accomplishments and experience during the internship.

• Learn all aspects of accounts receivable and Inventory financing.
• Learn all aspects of the field exam including exam prep, accounts receivable analysis, inventory analysis, borrowing base creation, cash analysis, and accounts payable analysis.
• Learn client credit/relationship management functions including financial statement spreads/analysis, cash flow prep/analysis, and collateral analysis. Assist account executives with preparation of credit/risk ratings, periodic credit approval requests and other financial and collateral analysis reports.
• Learn to analyze and structure new deals including preparation of term sheets, proposals, and credit approval packages with applicable underwriting details. Assist underwriting team with completing due diligence and closing a new deal in a timely manner.
• Spend time with new business officers on sales calls.
• Learn intricacies of unsecured customer credit.
• Learn and understand Commercial Services' credit policies and procedures.
• Work with senior colleagues/management on business specific projects.

Responsibilities

In this role, you will:

Be part of a dynamic team with interesting projects. Accountabilities can and may include areas such as research, analytics, projects, strategy, process review and improvement, as well as technology enhancements and support.

Attend professional development sessions, informational sessions, networking and community service events.

Have a dedicated manager and program manager to help you navigate the bank and the internship program.

Be assigned a project, designed to improve a specific process or solve a problem that you will present at the close of the internship.

Prepare a wrap-up presentation to be shared with the division leader and other key stakeholders in the company to outline your accomplishments and experience during the internship

Qualifications

Required qualifications:

High School Diploma or GED and 1 year of experience

Currently enrolled at an accredited collegiate institution (during the time of the summer program)

Ability to work 40 hours per week during the duration of the program

Preferred qualifications:

3.0 minimum GPA

Strong desire to learn and grow

Possess a positive attitude, naturally curious and enjoys collaborating with others

Strong verbal and written communication skills

Critical thinking skills

Ability to multitask

Ability to adapt and adjust priorities based on business needs

Ability to take direction and absorb information quickly

The base pay for this position is generally between $22.44 and $34.32. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.