2027 Summer Intern - Capital Equipment Finance (NYC)

First Citizens Bank • New York, NY

11d • Hybrid

About The Position

First Citizens Bank’s summer internship program provides development opportunities and hands-on corporate work experience while building a talent pipeline for the Bank. Interns apply classroom knowledge and contribute across the organization and the communities it serves. The Capital Equipment Finance Business Unit finances loans and leases for revenue-generating equipment, project finance, and owner-occupied real estate. Transactions are sourced from direct customers and indirect opportunities through bank, broker, and vendor relationships in primary and secondary markets.

The intern will work with a Deal Team on live transactions and participate in credit underwriting and portfolio management, including company and industry due diligence, financial analysis, credit memo preparation, and portfolio management activities. The role may also involve research, analytics, projects, strategy, process review and improvement, and technology enhancements and support. The intern may participate in internal credit approval meetings and client or customer calls, as appropriate. The program also includes professional development, informational and networking sessions, and community service events, with support from a dedicated manager and program manager.

This is a hybrid role, with work regularly taking place inside and outside a company office. The intern must be able to work 40 hours per week for the duration of the summer program.

Requirements

• High school diploma or GED and at least 1 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.
• Partnership and collaboration skills.
• Written and verbal communication skills.
• Critical thinking skills.

Nice To Haves

• Minimum 3.0 GPA.
• Pursuing a bachelor’s degree with a major or concentration in finance, accounting, or economics.
• Strong desire to learn and grow.
• Positive attitude, natural curiosity, and enjoyment of 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

• Work as part of a Deal Team on live transactions, supporting credit underwriting and portfolio management.
• Conduct company and industry due diligence and financial analysis.
• Prepare credit memos and participate in portfolio management activities.
• Participate in internal credit approval meetings and client/customer calls, as appropriate.
• 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.

Benefits

• Full-time associates working 20 or more hours are offered a comprehensive benefits program with customized offerings, including offerings designed to support families.

What This Job Offers

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