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 critical tasks related to credit loss stress testing, including report creation and loan portfolio analysis, while contributing to high-visibility projects. The role emphasizes collaboration within a dynamic team and culminates in a presentation of the intern's project to key stakeholders. This internship aims to build a talent pipeline for the bank while providing valuable insights into the banking system.

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 be presented at the close of the internship
• Prepare a wrap-up presentation to be shared 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 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: Other