Overview
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. 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!
Responsibilities & Qualifications
Duties & Responsibilities In this role, you will:
- Model Development - conduct data and modeling analysis for one or more CCAR and Balance Sheet forecasting models, by identifying the impact of macroeconomic conditions, customer behavior, business strategy using quantitative methods; this analysis helps the bank manage financial risk around capital requirements and supports the Asset Liability Management and Balance Sheet Management
- Model maintenance - conduct statistical testing and root cause analysis to monitor the performance of the model, by attributing the model performance differences to underlying assumptions and limitations of the model
- 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
Position Specific Skills:
- Adaptability
- Communication (Written & Verbal)
- Critical Thinking Skills
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:
- Specific focus of study in statistics, economics, econometrics, applied mathematics, quantitative finance or related field is preferred
- Currently pursuing an advanced degree (Master's)
- Ability to program in statistical/mathematical program in Python, optional in SAS, R and SQL
- 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
Additional Information
The base pay for this position is generally between $21.51/hour and $32.89/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. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.
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First Citizens Bank
Oct 20, 2026