2027 Summer Intern, Maritime Finance
First Citizens Bank
About the Role
First Citizens Maritime Finance offers customized solutions for secured loans to vessel owners and operators. Key areas of focus include the freight, bulker, and container shipping sectors. This summer internship program provides development opportunities and hands-on work experience. Interns will apply classroom knowledge in a corporate environment while making a positive impact. The Maritime Finance group partners with Private Equity firms, Mezzanine Funds, and Private Credit Funds to offer senior secured loans, sale-leasebacks, and bareboat charters to owners and operators of oceangoing cargo vessels, including oil tankers, bulkers, container ships, and LNG tankers.
Key Responsibilities
- Be part of a dynamic team with interesting projects. Accountabilities may include 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.
- Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, including company and industry due diligence, financial analysis, credit memo preparation, and portfolio management activities.
- Participate in internal credit approval meetings and client/customer calls, as appropriate.
- Gain an understanding of the Bank’s overall operation and be exposed to many facets of the Bank.
Requirements & Tech Stack
- High School Diploma OR GED
- 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
Qualifications
- 1 year of experience
- Partnerships and Collaboration
- Communication (Written and Verbal)
- Critical thinking skills
- 3.0 minimum GPA (Preferred)
- Strong desire to learn and grow. (Preferred)
- Pursuing a bachelor’s degree with a major/concentration in finance, accounting, or economics (Preferred)
- Possess a positive attitude, naturally curious and enjoys collaborating with others. (Preferred)
- Strong verbal and written communication skills (Preferred)
- Critical thinking skills (Preferred)
- Ability to multitask (Preferred)
- Ability to adapt and adjust priorities based on business needs (Preferred)
- Ability to take direction and absorb information quickly (Preferred)