Underwriter

About the Role

The Tech, Media & Telecom (TMT) group within First Citizens Bank is hiring an Underwriting Analyst to participate in the Commercial Bank Analyst Development Program.

Analyst Development Program

• Participate in a program designed to build a broad and deep technical skillset through formal classes, online coursework, and on-the-job training.
• Program begins with an 8-week intensive curriculum in New York City covering:
• Credit Policies and Procedures
• 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
• Following the initial 8 weeks, Analysts join their teams and stay connected through ongoing trainings and professional development sessions.

About the Tech, Media & Telecom (TMT) Team

• Specializes in financing solutions for middle market companies.
• Industries include: telecommunications infrastructure, software, information and tech-enabled services, entertainment, music, and commercial/tribal gaming.

Key Responsibilities

• Prepare historical financial analysis, projection models, and assist in the underwriting of loans.
• Conduct independent industry research.
• Assist in the management and reporting of loans post-close.
• Participate in the creation of credit approval documents.
• Attend and contribute to credit approval meetings.
• Develop understanding and maintain awareness of trends and conditions in various TMT subsectors.
• Maintain credit files in preparation for internal or external audits.
• Develop a firm understanding of FCB systems, processes, and resources.

Position Specific Skills

• Analytical Reasoning
• Communication (Written and Verbal)
• Credit Analysis
• Critical Thinking Skills
• Financial Analysis

Basic Qualifications

• Minimum Required Education and Experience: Bachelor's Degree OR Associate's Degree/Equivalent and 2 years' experience.
• Coursework or internship in:
• Commercial lending or credit analysis
• Financial statement analysis
• Finance fundamentals

Preferred Qualifications

• Bachelor’s degree completed upon start of the program (July 7, 2027).
• Major or concentration in finance, economics, or math.
• Ability to demonstrate strong analytical, quantitative, and writing skills.
• Minimum undergraduate GPA of 3.0.
• Anticipated graduation in 2027.
• Previous internship experience in an analytical role within a financial services institution.

Note: Base pay is generally between $36.06/hour and $43.27/hour. Actual pay determined by skills, experience, location, and other factors.