Underwriter - Tech, Media, Telecom (Analyst Development Program)

Overview

The Tech, Media & Telecom group within First Citizens Bank is hiring an Underwriting Analyst to participate in the Commercial Bank Analyst Development Program.

About the Analyst Development Program

As an Analyst you will participate in the Commercial Bank Analyst Development Program which is designed to build a broad and deep technical skillset through formal classes, online coursework, and on the job training.

The program begins on-site at our New York City Office with a 8-week intensive curriculum where participants learn about :

Credit Policies and Procedures

Underwriting fundamentals

Financial analysis and Excel modeling

First Citizens Bank Core Values

Application-specific training on systems

Business Unit overviews with Team Leaders

Strategic priorities of the Bank

Following the 8-weeks, Analysts join their teams and stay connected with colleagues through trainings and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers.

About the Tech, Media & Telecom Team

The TMT group specializes in financing solutions for middle market companies, within industries such as telecommunications infrastructure, software, information and tech-enabled services, entertainment, music, and commercial / tribal gaming.

Responsibilities

Main Job Tasks

and Responsibilities

Prepare historical financial analysis, projection models and assist in the underwriting of loans.

Conduct independent industry research.

Assist in the management and reporting of loans post close.

Participate in the creation of credit approval documents.

Attend and contribute to credit approval meetings.

Develop understanding and maintain awareness of trends and conditions in the various TMT subsectors.

Maintain credit files in preparation for internal or external audits.

Develop a firm understanding of FCB systems, processes, and resources.

Qualifications

Required :

Bachelor’s degree OR high school diploma OR GED with a minimum of 4 years' experience in financial services.

Preferred :

Bachelor’s degree with a major or concentration in finance, economics, or math upon start of the program.

Major or concentration in finance, economics, or math.

Ability to demonstrate strong analytical, quantitative, and writing skills.

Minimum undergraduate GPA of 3.3, preferred GPA of 3.5.

Anticipated graduation in 2025

Previous internship experience in an analytical role within a financial services institution.

The base pay for this position is generally between $36.06 / hour and $43.27 / hour. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and / or other awards as outlined in the offer of employment.

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.

Company Description :

Founded in 1898 and headquartered in Raleigh, N.C., First Citizens Bank serves customers in 18 states and the District of Columbia. For over 100 years, customers have trusted First Citizens with their money … and their futures. Today, First Citizens is the largest family-controlled bank in the nation and the sixth-largest bank franchise headquartered in the Southeast with more than $30 billion in assets. We employ more than 6,000 associates who are focused on helping our customers achieve a lifetime of success. First Citizens operates more than 570 branches in Arizona, California, Colorado, District of Columbia, Florida, Georgia, Kansas, Maryland, New Mexico, Missouri, North Carolina, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Virginia, Washington and West Virginia.

First Citizens Bank. Forever First®. Member FDIC.

Equal Opportunity / Affirmative Action Employer / Minority / Female / Disability / Veteran

If you need special assistance or an accommodation in applying for employment at First Citizens Bank, please contact our Human Resources department.