Corporate Finance Underwriting Analyst – Power and Renewable Energy (ADP)

First Citizens Bank•New York, NY

2d•Hybrid

About The Position

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. The Power and Renewables Energy Group within First Citizens Bank’s Energy Finance Business is hiring a Commercial Banking Underwriting Analyst to participate in the Analyst Development Program. The Power and Renewable Energy Group lends money to finance large scale US conventional gas power projects and renewable energy projects such as solar, wind, and battery storage. The team arranged over $1 billion in debt financing in 2026 and consistently ranks among the top banks in leading financings for US power and renewables projects. About the Analyst Development Program: As an Analyst you will participate in the Commercial Bank Analyst Development Program which is designed to build a broad and deep technical skillset through formal classes, online coursework, and on the job training. The program starts on July 7, 2027, on-site at our New York City Office with an 8-week intensive curriculum where participants learn about: 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 Credit Policies and Procedures Following the 8 weeks, Analysts join their teams and stay connected with colleagues through training and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers.

Requirements

Analytical Reasoning
Communication (Written and Verbal)
Credit Analysis
Critical Thinking Skills
Financial Analysis
Bachelor's Degree OR Associate's Degree/Equivalent and 2 years' experience in Coursework or internship in commercial lending or credit Analysis, financial statement analysis, and finance fundamentals

Nice To Haves

Bachelor's degree completed upon start of the program (by July 7, 2027)
Major or concentration in a quantitative field including engineering, finance, accounting or economics
Strong verbal and written communication skills
Preferred minimum undergraduate GPA 3.0.
Previous internship experience in an analytical role within an energy focused institution.
Strong interest in power and energy

Responsibilities

Assist in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies.
Perform financial modeling in excel of solar, wind, gas and battery storage projects.
Perform due diligence of projects including company and industry analysis, reviewing engineering, market, insurance and transmission studies.
Preparation of internal credit memorandum.
Preparation of marketing materials for potential clients and other lenders.
Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, financial analysis, credit memo preparation.
Participate in internal credit approval meetings and client/customer calls, as appropriate.