Sponsor Finance Corporate Intern
: Job Details :


Sponsor Finance Corporate Intern

Citizens Bank

Location: New York,NY, USA

Date: 2024-10-15T06:33:40Z

Job Description:

Overview 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! FCB's Sponsor Finance Group ( SFG ), part of the company's Commercial Finance Group, is the primary private equity coverage group offering leveraged and non-leveraged cashflow loans to C&I PE-owned companies within the Middle Market. SFG's objective is to develop long-term relationships with Sponsors and their portfolio companies and ensure the consistent delivery of the full breadth of FCB's capabilities. Responsibilities

  • As an intern, this is an opportunity to work for a top 20 U.S. Bank with significant advancement opportunities both within the department and other functional areas of First Citizen's Commercial Bank.
  • Candidates will work within a team construct to assist in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies. Specifically: (i) LBO Financing, (ii) Acquisition Financing, (iii) Debt Refinancing, and (iv) Recapitalizations-working with potential borrowers, private equity teams, and other Lenders.
  • Have a dedicated manager and program manager to help you navigate the bank and the internship program.
  • Ability to function independently and as part of a small deal team.
  • Demonstrated analytical and quantitative skills.
  • Be assigned a project which will be designed to improve a specific process or solve a problem that will be presented 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 their accomplishments and experience during the internship.
Internship dates: 5/28/2025 - 8/01/2025 Qualifications 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.
  • 3.0 minimum GPA
Preferred Qualifications:
  • 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, take direction and absorb information quickly.
  • Bachelor of Science in Finance or Economics.
  • Proficient in Excel, PowerPoint, and Word.
The base pay for this position is generally between $22.44/hour and $34.32/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. First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here:
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