Corporate Intern - General Bank Business Enhanced Due Diligence

First Citizens Bank • Raleigh, NC

88d • 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. This role will be located in Raleigh, NC. 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. Our interns will apply classroom knowledge in a corporate environment while making a positive impact across the organization and the communities we serve. Come help First Citizens build for the future! This role will report through the General Bank's Business Enhanced Due Diligence Department. As the Business Enhanced Due Diligence Intern, you will help assist with client reviews and/or transactional monitoring to detect potential money laundering or fraud concerns, conduct basic customer due diligence and enhance due diligence reviews and help prepare and/or document risk summaries.

Requirements

• High School Diploma or GED and 1 year of experience.
• 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.

Nice To Haves

• Relevant coursework in finance, accounting, criminal justice, or fraud prevention is a plus.
• 3.0 minimum GPA.
• Ability to analyze information and reach conclusions.
• Strong verbal and written communication skills, necessary for reporting findings.
• Strong organization ability to manage tasks and work volumes while maintaining quality.
• Strong desire to learn and grow.
• Possess a positive attitude, naturally curious and enjoys collaborating with others.
• Ability to multitask.
• Ability to adapt and adjust priorities based on business needs.
• Ability to take direction and absorb information quickly.

Responsibilities

• Assist with client reviews and/or transactional monitoring to detect potential money laundering or fraud concerns.
• Conduct basic customer due diligence and enhance due diligence reviews.
• Help prepare and/or document risk summaries.
• Attend professional development sessions, informational sessions, networking and community service events.
• Have a dedicated manager and program manager to help you navigate the bank and the internship program.
• Be assigned a project, designed to improve a specific process or solve a problem that you will present at the close of the internship.
• Prepare a wrap-up presentation to be shared with the division leader and other key stakeholders in the company to outline your accomplishments and experience during the internship.

What This Job Offers

• Career Level: Intern
• Industry: Credit Intermediation and Related Activities
• Education Level: High school or GED