Job Description

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!

FCB’s Sponsor Finance Group (“SFG”), part of the company’s Commercial Finance Group, is the primary private equity coverage group offering leveraged and non-leveraged cashflow loans to C&I PE-owned companies within the Middle Market. SFG’s objective is to develop long-term relationships with Sponsors and their portfolio companies and ensure the consistent delivery of the full breadth of FCB’s capabilities.

Responsibilities

• As an intern, this is an opportunity to work for a top 20 U.S. Bank with significant advancement opportunities both within the department and other functional areas of First Citizen’s Commercial Bank.
• Candidates will work within a team construct to assist in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies. Specifically: (i) LBO Financing, (ii) Acquisition Financing, (iii) Debt Refinancing, and (iv) Recapitalizations-working with potential borrowers, private equity teams, and other Lenders.
• Have a dedicated manager and program manager to help you navigate the bank and the internship program.
• Ability to function independently and as part of a small deal team.
• Demonstrated analytical and quantitative skills.
• 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.
• Prepare a wrap-up presentation to be shared with the division leader and other key stakeholders in the company to outline their accomplishments and experience during the internship.

Internship dates: 5/28/2025 - 8/01/2025

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.
• 3.0 minimum GPA

Preferred Qualifications:

• 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, take direction and absorb information quickly.
• Bachelor of Science in Finance or Economics.
• Proficient in Excel, PowerPoint, and Word.

The base pay for this position is generally between $22.44/hour and $34.32/hour. 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:

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