2027 Summer Intern, Quantitative Modeling
First Citizens Bank
Raleigh, NC1–3 yrs1h agovia LinkedIn
This job at a glance
- Who can apply
- 1–3 years of experience · Diploma
- Must know
- BudgetingData visualizationData analysisNetworkingStakeholder managementPython
- Nice to have
- Statistics
- Work
- Hybrid in Raleigh · internship
- Pay
- Not stated by the employer.
- Skill demand
- Data analysis18%Networking17%Data visualization13%Budgeting5%of 99 similar entry-level jobs posted in the US this week
- Listed
- Oct 31, 2026 · still open
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About the Role
First Citizens Bank offers an exciting summer internship program that provides development opportunities and hands-on work experience. This hybrid role is within the Treasury’s Strategic Modeling and Analytics (SMA) Team, focused on designing and developing pre-provision net revenue (PPNR) loan forecasting models for bank stress testing (CCAR) and Business as Usual (BAU) forecasting.
Key Responsibilities
- Build one or two segments of loan forecasting models, including total balance, commitment, unfunded, funded, attrition/runoff, and prepayment components.
- Perform internal or external data analysis, automated in a dashboard.
- Engage in research, analytics, projects, strategy, process review and improvement, and technology enhancements and support.
- Attend professional development sessions, informational sessions, networking, and community service events.
- Work on an assigned project designed to improve a specific process or solve a problem.
- Prepare a wrap-up presentation of accomplishments and experiences for division leaders and key stakeholders.
Requirements & Tech Stack
- Adaptability
- Communication (Written & Verbal)
- Critical Thinking Skills
- Ability to work 40 hours per week during the program duration.
- Internship Dates: 5/24/27 - 7/30/27
Qualifications
- High School Diploma or GED.
- 1 year of experience.
- Currently enrolled at an accredited collegiate institution during the time of the summer program.
Preferred Qualifications
- Specific focus of study in statistics, economics, econometrics, applied mathematics, quantitative finance, or a related field.
- Currently pursuing an advanced degree (Master’s).
- Ability to program in Python; optional in SAS, R, and SQL.
- 3.0 minimum GPA.
- Strong desire to learn and grow.
- Possess a positive attitude, natural curiosity, and enjoyment of collaboration.
- Ability to multitask.
- Ability to adapt and adjust priorities based on business needs.
- Ability to take direction and absorb information quickly.