Associate Development Program, March 2027

About the Role

First Citizens Bank offers the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner. First Citizens Bank (“FCB”) helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets.

The Associate Development Program (“ADP”) hires entry-level associates to participate in a comprehensive rotational development and training program that combines critical thinking, business and financial fundamentals, and hands-on experience supporting teams, markets, and client segments across the Innovation Ecosystem and broader Commercial Bank.

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

Key Responsibilities

• Assist in managing various aspects of client portfolio and relationships.
• Assess and monitor credit risk.
• Provide financial and credit analysis for a variety of innovative companies.
• Develop an understanding of the industries, business models, products, and services that drive the innovation economy.
• Collaborate with team members to complete meaningful work.
• Develop skills to take on increasing responsibility.
• Gain exposure to different business areas and geographies.
• Collaborate with a variety of teams supporting innovative businesses, venture-backed companies, investors and other participants in the innovation economy.
• Work with experienced facilitators and business leaders.
• Learn to develop and deliver bespoke financial solutions tailored to all participants in the innovation ecosystem, including startups, founders, investors and public companies.
• Receive hands-on training in areas such as credit risk assessment, loan portfolio management and client management.

Training and Development

• Participate in a comprehensive rotational development and training program.
• Engage in a hands-on training curriculum with a building-block approach.
• Participate in classroom-style instruction, case-study-based exercises, and live work.
• Develop foundational business, financial and credit skills.
• Gain an understanding of the innovation economy and the unique business models of companies across various life stages.
• Receive dedicated mentorship and professional development to strengthen technical and financial skills, as well as interpersonal and communication skills.

Requirements & Tech Stack

• Bachelor's Degree OR High School Diploma or GED and 4 years of experience.
• Earned a bachelor’s degree prior to the start date of March 15, 2027 (GPA of 3.0 or higher preferred).
• Received a passing grade in at least one finance, accounting, and/or economics college course.
• Interest in leveraging your experience to explore further career opportunities at FCB.
• Enjoy challenges and utilize strong critical-thinking and decision-making skills.
• Coachable and able to apply feedback.
• Demonstrate professionalism, accountability and strong attention to detail.
• Strong written and verbal communication skills, with the ability to explain complex situations clearly.
• Team player who can lead, while also able to take ownership and work independently.
• Ready to relocate to one of our 30+ office locations upon successful completion of the program.
• Demonstrated a level of interest and basic knowledge in business, finance, economics, entrepreneurship, technology, or innovation through coursework, internships, leadership experiences, or employment.

Position Specific Skills

• Partnerships and Collaboration
• Communication (Written and Verbal)
• Critical thinking skills