Overview

This is a remote role that may only be hired in the following location(s): Arizona or North Carolina.

First Citizens Bank offers an exciting summer internship program that provides development opportunities and hands on work experience while creating a talent pipeline for the Bank. Our interns will apply classroom knowledge in a corporate environment while making a positive impact across the organization and the communities we serve. Come help First Citizens build for the future!

The Credit Admin - Business Risks and Controls Intern will be a member of a centralized Credit Admin risk team with a diverse background in financial institution risk and compliance. This individual will assist his/her team in the execution of a variety of risk programs, which may include Risk and Control Self-Assessments (RCSA), Control Assurance, SOX Compliance, Regulatory Remediation, Compliance Testing, and/or other specialized projects. The primary responsibility of this role is to be willing to learn quickly and ask questions as you are exposed to new risk concepts. This role will partner with business owners, IT owners and audit teams and play a critical role in the successful delivery of the Company's Risk Programs.

• Assists in the execution of Business Unit RCSA refresh activities via walkthrough participating/detailed note taking, policy review/analysis, Governance Risk and Compliance (GRC) system updates and control inventory effective challenge.
• Collaborates with the Operational Risk Management team in the execution of control assurance testing, including tracking of testing progress/preparing status updates, targeted review of testing, walkthrough participation, etc.
• Assists in the alignment of the 2025 SOX program across legacy institutions. This may include reconciling control activities across business units or between GRC tools.
• Assist team members and business owners to design controls that are efficient and address expected requirements, such as having management review checklists, process flowcharts, or documentation related to information provided by entities (e.g. spreadsheets reports, queries and code logic).

• Assists in the execution of the compliance testing program. This may include performing initial compliance testing (with training/oversight from team leadership), regulatory mapping activities and assisting in the development of business unit procedures.

• Monitors and updates the status of open issues and manages them through closure
• Consults with business / IT units and project implementation teams on internal controls during Company initiatives and special projects.
• Partners with business / IT owners in the assessment of control issues and help them articulate the root cause, analyze the actual and potential impact, develop correction plans, and conclude on final assessment.

• High School Diploma or GED and 1 years of experience
• Currently enrolled at an accredited collegiate institution (during time of summer program)
• Ability to work 40 hours per week during the duration of the program

• 3.0 Minimum GPA
• Possess a positive attitude, naturally curious and enjoys collaborating with others
• Strong verbal and written communication skills
• Critical thinking skills
• Ability to multitask
• Strong desire to learn and grow.
• Ability to adapt and adjust priorities based on business needs
• Ability to take direction and absorb information quickly
• Pursuing a Bachelor Degree in Accounting, Finance or equivalent
• Experience with Excel spreadsheets, Visio diagrams, professional writing and note taking