Underwriter I
First Citizens Bank
Santa Monica, CA0–4 yrs1h agovia LinkedIn
This job at a glance
- Who can apply
- New grads and up to 4 years · Bachelor's degree
- Must know
- ExcelFinancial analysisStakeholder management
- Work
- On-site in Santa Monica
- Pay
- Not stated by the employer.
- Skill demand
- Excel35%Stakeholder management26%Financial analysis25%of 99 similar entry-level jobs posted in the US this week
- Listed
- Nov 4, 2026 · still open
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About the Role
The Real Estate Finance Group at First Citizens Bank is seeking an Underwriting Analyst to join the Commercial Bank Analyst Development Program. This program is designed to develop a comprehensive technical skillset through formal classes, online coursework, and on-the-job training.
Analyst Development Program
- Begins July 2027 on-site at our New York City Office.
- Features an 8-week intensive curriculum covering:
- Underwriting fundamentals
- Financial Analysis and Excel Modeling
- First Citizens Bank Core Values
- Application-specific training on systems
- Business unit overviews with team leaders
- Strategic priorities of the Bank
- Credit Policies and Procedures
- Analysts will join their local teams after the initial program and stay connected through ongoing training and professional development sessions.
- Upon completion, candidates will join the Real Estate Finance Team to assist in the credit underwriting and portfolio management of debt solutions for commercial real estate owners and operators.
Key Responsibilities
Analysts will assist the Underwriting Deal Team and Portfolio Managers by:
- Underwriting commercial real estate loans (bridge, transitional, construction) for multi-family, office, retail, industrial, and hotel properties.
- Collecting, organizing, and interpreting relevant market data.
- Reviewing property and sponsor information (rent rolls, operating statements, balance sheets).
- Identifying key transaction issues, risks, and mitigants.
- Contributing to credit approval memos and submitting them for approval.
- Participating in meetings with Credit.
- Coordinating due diligence information collection.
- Managing the transaction process among key stakeholders.
- Preparing term sheets and assisting with legal documentation.
- Participating in loan management post-origination, including risk ratings and classification.
- Monitoring compliance with loan terms and the performance of existing loan portfolios.
- Preparing quarterly and annual reviews as needed.
- Ensuring compliance with all FCB policies and procedures.
- Developing a firm understanding of FCB systems and resources.
Position-Specific Skills
- Partnerships and Collaboration
- Communication (Written and Verbal)
- Critical thinking skills
Requirements & Tech Stack
- Bachelor’s degree and 0 years of experience OR GED and 4 years of experience in Commercial Real Estate.
Qualifications
- Ability to demonstrate strong analytical and quantitative skills.
- Preferred GPA of 3.0 or higher.
- Previous internship experience in an analytical role within a financial services institution, ideally within commercial real estate.
- Attention to detail.
- Strong verbal and written communications skills.
- Strong time management skills.
- Ability to problem solve.
- Enjoys collaborating with others.
Additional Information:
Base pay range: $36.06/hour - $43.27/hour. Actual pay determined by skills, experience, and location.
Benefits information available at https://jobs.firstcitizens.com/benefits.