2027 Summer Intern

About the Role

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. Interns will apply classroom knowledge in a corporate environment while making a positive impact across the organization and the communities we serve.

Key Responsibilities

• Model Development: Conduct data and modeling analysis for one or more CCAR and Balance Sheet forecasting models.
• Identify the impact of macroeconomic conditions, customer behavior, and business strategy using quantitative methods.
• This analysis helps the bank manage financial risk around capital requirements and supports Asset Liability Management and Balance Sheet Management.
• Model Maintenance: Conduct statistical testing and root cause analysis to monitor model performance.
• Attribute model performance differences to underlying assumptions and limitations of the model.
• Be part of a dynamic team with interesting projects.
• Accountabilities can include research, analytics, projects, strategy, process review and improvement, and technology enhancements and support.
• Attend professional development sessions, informational sessions, networking, and community service events.
• Receive guidance from a dedicated manager and program manager.
• Be assigned a project designed to improve a specific process or solve a problem, to be presented at the close of the internship.
• Prepare a wrap-up presentation for division leadership and key stakeholders outlining accomplishments and experiences.

Position Specific Skills

• Adaptability
• Communication (Written & Verbal)
• Critical Thinking Skills

Requirements & Tech Stack

• 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.
• Ability to program in Python (statistical/mathematical programs).
• Optional programming in SAS, R, and SQL.

Qualifications

• High School Diploma or GED and 1 year of experience.
• Specific focus of study in statistics, economics, econometrics, applied mathematics, quantitative finance, or related field is preferred.
• Currently pursuing an advanced degree (Master’s) is preferred.
• 3.0 minimum GPA is preferred.
• Strong desire to learn and grow.
• Possess a positive attitude, natural curiosity, and enjoy collaboration.
• 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.

Base pay range: $21.51/hour - $32.89/hour. Actual pay determined by skills, experience, location, and other non-discriminatory factors.