2027 Summer Intern - Allowance (Charlotte, NC)

First Citizens Bank • Charlotte, NC

1d • Hybrid

About The Position

First Citizens Bank’s summer internship program provides development opportunities and hands-on experience in a corporate environment. This internship is with the Allowance for Credit Losses group, a Risk Analytics team within the Finance organization. The team measures, monitors, and forecasts credit risk across the Bank’s lending portfolios through the Current Expected Credit Loss (CECL) framework, supporting reserve assessments, regulatory compliance, risk analysis, and quarterly financial reporting.

The intern will gain hands-on exposure to the end-to-end CECL process for the Company’s Commercial portfolio. The role includes working with large datasets, developing SQL and analytical skills, assisting with model-results analysis, and contributing to presentations for senior management committees. The internship combines finance, analytics, and technology and provides exposure to a highly visible quarterly process that supports reserve assessments, executive committee decisions, and reported earnings.

The intern will attend professional development, informational, networking, and community service events, and will have a dedicated manager and program manager. The intern will complete a project intended to improve a process or solve a problem and present it at the close of the internship, including a wrap-up presentation to the division leader and other key stakeholders. The internship dates are May 24, 2027 through July 30, 2027. This is a hybrid role, with work regularly taking place inside and outside a company office.

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

• Current junior or rising senior pursuing a bachelor’s degree in Accounting, Finance, Business, Economics, Risk Management, Mathematics, Statistics, Data Analytics, or a related field.
• Strong interest in financial services, credit risk, banking, data analytics, or financial modeling.
• Experience with data analysis tools such as Excel, SQL Server Management Studio, Python, DBVisualizer, business intelligence tools such as Tableau or Power BI, Hyperion, or similar technologies.
• Minimum 3.0 GPA.
• Strong desire to learn and grow.
• Positive attitude, curiosity, and enjoyment of collaboration.
• Ability to multitask.
• Ability to adapt and adjust priorities based on business needs.
• Ability to take direction and absorb information quickly.

Responsibilities

• Participate in quarterly CECL model execution for the Commercial portfolio, helping analyze credit risk, evaluate reserve results, and support activities contributing to the Bank’s reported earnings.
• Work with large datasets, write SQL queries, and develop reporting and automation solutions using tools such as Tableau, Power BI, Copilot, or Alteryx.
• Gain exposure to credit risk modeling through cash flow testing, the model execution platform, and model analysis.
• Prepare materials presented to senior management committees.
• Contribute to research, analytics, projects, strategy, process review and improvement, and technology enhancements and support.
• Attend professional development sessions, informational sessions, networking events, and community service events.
• Complete an assigned project designed to improve a process or solve a problem, and present it at the close of the internship.
• Prepare a wrap-up presentation for the division leader and other key company stakeholders outlining internship accomplishments and experience.

Benefits

• First Citizens Bank describes its benefits program as competitive, thoughtfully designed, and intended to meet associates’ needs; details are provided through its benefits website.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: High school or GED