Asset Based Lending Summer Intern 2026

Citizens • Boston, MA

4d • $30

About The Position

The Commercial Summer Internship Program is designed to give interns a look at
Citizens Bank’s culture and exposure into one of the many commercial banking
business lines through project-based assignments, learning curriculum,
networking, volunteer opportunities and formal mentorship. Responsibilities will
vary based on the group you’re assigned to and will leverage your unique skills
and abilities. At the conclusion of the program, high performers will get early
consideration into the Commercial Banker Development Program (CBDP), a 1-year
rotational training and development program and start to your career in
Commercial Banking.

The Asset Based Lending Team is a vertical of the bank that lends to
businesses in the form of facilities secured by collateral that is governed
by a highly monitored borrowing base with Advance Rates typically against
Accounts Receivable & Inventory. Leveraged names are common for the group
with risk classification remaining normal due to collateral governance of the
loan.

Requirements

• Successfully complete a video interview assessment within 4 days of receiving the link. If not completed within the timeframe, your application will be automatically withdrawn from consideration.
• Current students enrolled in an undergraduate bachelor’s program, graduating between Winter 2026 – Spring 2027 OR current students enrolled in a graduate program, graduating between Winter 2026 – Spring 2027
• Minimum GPA of 3.2; Preferred cumulative GPA of 3.5.
• Please include your cumulative GPA on your resume.
• Relevant work experience, leadership experience or coursework in Finance, Accounting or Economics is preferred but all majors will be considered.
• Strong analytical skills and software skills: MS Office (Word, Excel, PowerPoint) proficiency is required.
• Candidates must currently be a U.S. Resident to be eligible for this program.
• Please note that U.S. Immigration sponsorship or work visa is not available for intern / full time Analyst positions and candidates must have permanent authorization to work in the U.S

Responsibilities

• Monitor for the receipt and accuracy of client reporting including financial statements, covenant compliance certificates, and collateral requirements.
• Assist in credit analysis, preparation of deal screening memos, new credit approval requests, loan closings, and annual reviews of existing client relationships. This includes learning / preparing financial models, written financial analysis, conducting industry research, and preparing written summaries of industry issues, risks, opportunities, and the competitive environment, communicating questions or observations, and utilizing internal risk and return models and loan systems.
• Performs market analysis and assist in the development of commercial client prospect lists as needed. Works with the Relationship Managers to assist in preparation of client presentations.
• Participate in Team Meetings, Capital Markets calls and broader Commercial Banking calls.
• Participate in deal screen presentations and credit approval meetings.
• Participate in client meetings or conference calls.
• Network within the commercial bank and ask questions about specific roles.
• Complete other tasks and special projects as required.

What This Job Offers

• Career Level: Intern