FIRST-CITIZENS BANK & TRUST COMPANY logo

Underwriter Tech, Media, Telecom (Analyst Development Program)

FIRST-CITIZENS BANK & TRUST COMPANY

NEW YORK, NYJob$36.06–43.27/hrSeen todaySeen in employer's feed today

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At a glance

Compensation
$36.06–43.27/hr
Location
NEW YORK, NY
Work Authorization
Not specified

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Job overview

First Citizens Bank is hiring an Underwriting Analyst for its Tech, Media & Telecom group through the Commercial Bank Analyst Development Program. Analysts begin with an eight-week, on-site curriculum in the New York City office, followed by team placement and ongoing training. The program develops underwriting and financial-analysis capabilities for financing middle-market companies across TMT subsectors.

Skills & qualifications

RequiredNice to have

Skills

Analytical ReasoningCommunicationCredit AnalysisCritical ThinkingFinancial AnalysisCommercial LendingFinancial Statement AnalysisFinance FundamentalsQuantitative AnalysisWriting

Qualifications

Bachelor's or Associate's+2 Years3.0+ GPAAnalytical Financial Services Internship

Full job description

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 ProgramAs 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 BankFollowing 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 TeamThe 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 & Qualifications 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.Position Specific Skills: * Analytical Reasoning * Communication (Written and Verbal) * Credit Analysis * Critical Thinking Skills * Financial AnalysisBasic Qualifications: * Minimum Required Education and Experience: Bachelor's Degree OR Associate's Degree/Equivalent and 2 years' experience. * Coursework or internship in commercial lending or credit Analysis, financial statement analysis, and finance fundamentalsPreferred Qualifications: * Bachelor's degree completed upon start of the program (July 7, 2027) * Major or concentration in finance, economics, or math. * Ability to demonstrate strong analytical, quantitative, and writing skills. * Minimum undergraduate GPA of 3.0. * Anticipated graduation in 2027 * Previous internship experience in an analytical role within a financial services institution. Additional Information 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.First Citizens Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race (including traits historically associated with race, such as hair texture and protective hairstyles), color, religion, national origin, sex, age, disability, protected veteran status, sexual orientation, gender identity, genetic information, military membership, ap

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