2027 Summer Intern - Maritime Finance (New York, NY)

First Citizens Bank•New York, NY

About The Position

First Citizens Maritime Finance provides customized secured-loan solutions to vessel owners and operators, focusing on freight, bulker, and container shipping. The group works with owners and operators across maritime segments and partners with private equity firms, mezzanine funds, and private credit funds to provide senior secured loans, sale-leasebacks, and bareboat charters for oceangoing cargo vessels, including oil tankers, bulkers, container ships, and LNG tankers. The summer internship offers development opportunities and hands-on experience applying classroom knowledge in a corporate environment. Interns learn about the Bank’s operations and participate in a broader program designed to expose them to many facets of the organization. Each intern is assigned a manager and may also have a mentor and peer advisor to support their experience. The intern will work with a Maritime Finance Deal Team on live transactions and participate in credit underwriting and portfolio management. The role may also involve research, analytics, projects, strategy, process review and improvement, and technology enhancements and support. Interns can attend professional development and informational sessions, networking events, and community service events.

Requirements

High school diploma or GED and 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.
Partnerships and collaboration skills.
Written and verbal communication skills.
Critical thinking skills.

Nice To Haves

Minimum 3.0 GPA.
Strong desire to learn and grow.
Pursuing a bachelor’s degree with a major or concentration in finance, accounting, or economics.
Positive attitude, natural curiosity, and enjoyment of collaborating with others.
Strong verbal and written communication skills.
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.
Participate in credit underwriting and portfolio management, including company and industry due diligence, financial analysis, credit memo preparation, and portfolio management activities.
Participate in internal credit approval meetings and client or customer calls, as appropriate.
Contribute to research, analytics, projects, strategy, process review and improvement, and technology enhancements and support, as assigned.
Attend professional development sessions, informational sessions, networking events, and community service events.