First-Citizens Bank & Trust Company
Underwriter - Tech, Media, Telecom (Analyst Development Program)
First-Citizens Bank & Trust Company, New York, New York, us, 10261
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 ProceduresUnderwriting fundamentalsFinancial analysis and Excel modelingFirst Citizens Bank Core ValuesApplication-specific training on systemsBusiness Unit overviews with Team LeadersStrategic 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 required upon start of the program.
Preferred:
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.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.
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: 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, application, or obligation, or any other legally protected status.
Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly
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 ProceduresUnderwriting fundamentalsFinancial analysis and Excel modelingFirst Citizens Bank Core ValuesApplication-specific training on systemsBusiness Unit overviews with Team LeadersStrategic 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 required upon start of the program.
Preferred:
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.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.
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: 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, application, or obligation, or any other legally protected status.
Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly