2027 Summer Intern - Business Risk & Controls (Raleigh, NC)

First Citizens Bank•Raleigh, NC

5d•Hybrid

About The Position

The Business Risk & Controls Intern supports first-line risk management activities for one or more business units. Working under the guidance of experienced team members, the intern assists with data collection, reporting, documentation, and related activities that help the business identify, monitor, and manage risk. The internship provides exposure to business operations, risk and control practices, regulatory requirements, and executive reporting within a large financial institution. The intern may contribute to research, analytics, projects, strategy, process review and improvement, and technology enhancements and support. A business-aligned project will be assigned, with results presented to local leaders and other key stakeholders. The intern will also prepare a wrap-up presentation for the division leader and other key stakeholders describing accomplishments and experience. The program includes professional development, informational and networking sessions, and community service events, with support from a dedicated manager and program manager. This is a hybrid internship in Raleigh, North Carolina, scheduled for May 24, 2027 through July 30, 2027. The intern must be able to work 40 hours per week during the program.

Requirements

High school diploma or GED and one year of experience.
Currently enrolled at an accredited collegiate institution during the summer program.
Ability to work 40 hours per week for the duration of the program.
Adaptability.
Written and verbal communication skills.
Critical thinking skills.

Nice To Haves

Minimum 3.0 GPA.
Pursuing a bachelor’s degree in business, finance, accounting, economics, risk management, information systems, computer science, data analytics, or a related field.
Basic understanding of business operations, data analysis, or risk concepts gained through coursework, projects, or prior work experience.
Proficiency with Microsoft Excel, PowerPoint, Word, and Outlook; proficiency in MS Office.
Rising senior status.
Coursework in risk management, finance, accounting, business analytics, information technology, cybersecurity, or data analysis.
Experience analyzing data or preparing reports through coursework, student organizations, or prior internships.
Familiarity with dashboards or data visualization tools such as Power BI.
Interest in financial services, business risk management, technology risk, or regulatory compliance.
Sales experience, including outbound sales.
Strong verbal and written communication skills and a desire to learn and grow.
Positive attitude, natural curiosity, and enjoyment of collaboration.
Ability to multitask, adapt priorities to business needs, take direction, and absorb information quickly.

Responsibilities

Gather, organize, and validate information used in risk and control activities.
Maintain risk documentation, procedures, project plans, and tracking tools.
Monitor action items, key dates, and deliverables; identify missing, inconsistent, or potentially inaccurate information and escalate questions as appropriate.
Participate in team meetings and document decisions, action items, and follow-up activities.
Collect and organize data for risk reports, dashboards, and management presentations.
Perform basic analysis to identify trends, anomalies, and performance changes.
Prepare charts, summaries, and presentation materials; review reports for accuracy, completeness, and consistency.
Maintain reporting templates and supporting documentation.
Learn about business unit products, services, processes, risks, and controls; assist with documenting processes, risks, controls, and supporting evidence.
Research risk management practices, policies, and regulatory requirements, and observe how risk issues are identified, assessed, escalated, and resolved.
Collaborate with business, risk, compliance, technology, and operations partners as assigned.
Support special projects and process improvement initiatives; organize project materials and maintain shared files or team resources.
Document workflows and identify opportunities to simplify or improve processes.
Complete assigned work accurately and within established timelines, and perform other related duties as assigned.
Attend scheduled professional development sessions, informational meetings, networking, and community service events.
Complete and present an assigned business-aligned project and prepare a wrap-up presentation for division leadership and other stakeholders.