Corporate Intern - Credit Loss Stress Testing

Corporate Intern - Credit Loss Stress Testing

Posted 2 weeks ago by First Citizens Bank

Negotiable
Undetermined
Undetermined
Raleigh, United States

Summary: The Corporate Intern - Credit Loss Stress Testing position at First Citizens Bank offers a summer internship that combines hands-on work experience with professional development opportunities. Interns will engage in credit loss stress testing, analyze loan portfolios, and contribute to high-visibility projects within a dynamic team. The role emphasizes learning and collaboration while preparing interns for future careers in finance and analytics.

Key Responsibilities:

  • Learn about the importance of Credit Loss Stress Testing to the banking system
  • Create reports to analyze stress testing model results
  • Perform analysis on loan portfolios to understand their key risk characteristics
  • Impact a high visibility project for a Large Financial Institution
  • Be part of a dynamic team with interesting projects
  • Accountabilities can include 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 navigate the bank and the internship program
  • Be assigned a project designed to improve a specific process or solve a problem to present at the close of the internship
  • Prepare a wrap-up presentation to share with the division leader and other key stakeholders

Key Skills:

  • High School Diploma or GED and 1 year of experience
  • Currently enrolled at an accredited collegiate institution
  • Ability to work 40 hours per week during the duration of the program
  • Pursuing a degree in Engineering, Mathematics, Finance or Economics
  • Experience with analytical tools such as Python (Pandas), SAS, or Excel
  • Experience working with reporting tools such as Tableau, PowerBI, SQL, etc.
  • Rising Senior or pursuing an Advanced degree
  • 3.0 minimum GPA
  • Strong desire to learn and grow
  • 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

Salary (Rate): undetermined

City: Raleigh

Country: United States

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Finance