2027 Summer Intern - Allowance (Charlotte, NC)

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. 

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! 

The Allowance for Credit Losses group is a Risk Analytics team within the Finance organization at First Citizens Bank. This team plays a critical role in measuring, monitoring and forecasting credit risk across the Company’s lending portfolios through the Current Expected Credit Loss (“CECL”) framework. By combining data analytics, current macroeconomic insights, and business insight, the team helps determine the reserves the Bank maintains for future credit losses. Team members partner closely with Risk, Finance, Credit and business leaders across the organization, providing analysis that supports key management decisions, regulatory compliance, emerging risks, and the Bank’s quarterly financial reporting.

This internship will provide hands-on exposure to the end-to-end CECL process for the Company’s Commercial portfolio. Interns will gain insight on how large financial institutions, such as First Citizens Bank, assess credit risk, evaluate portfolio performance, and support quarterly reserve estimates that ultimately impact reported earnings. The role offers opportunities to work with large datasets, develop SQL and analytical skills, assist with model results analysis, and contribute to presentations used by senior management committees. This internship offers a unique opportunity to combine finance, analytics, and technology while gaining exposure to a highly visible quarterly process that supports reserve assessments, executive committee decisions, and reported earnings.

Duties & Responsibilities 

In this role, you will: 

• Participate in the quarterly CECL model execution process for the Commercial portfolio, helping analyze credit risk, evaluate reserve results, and support activities that contribute to the Bank’s reported earnings.
• Build practical analytics skills by working with large datasets, writing SQL queries, and developing 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 analysis, and preparation of materials presented to senior management committees, providing insight into how risk decisions are evaluated and approved across the Bank.
• Be part of a dynamic team with interesting projects. 
• Accountabilities can and may include areas such as research, analytics, projects, strategy, process review and improvement, as well as technology enhancements and support. 
• 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  

Internship dates: 5/24/27 - 7/30/27  

Position Specific Skills: 

• Adaptability
• Communication (Written & Verbal)
• Critical Thinking Skills

Required qualifications: 

• 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

Preferred qualifications:

• Current Junior / 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 working with data analysis tools such as Excel, SQL Server Mgmt Studio, Python, DB Vizualizer, Business Intelligence (Tableau, PowerBI), Hyperion, or similar technologies
• 3.0 minimum GPA 
• Strong desire to learn and grow 
• Possess a positive attitude, naturally curious and enjoys collaborating with others 
• Strong verbal and written communication skills 
• Critical thinking skills 
• Ability to multitask 
• Ability to adapt and adjust priorities based on business needs 
• Ability to take direction and absorb information quickly 

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.