First Citizens Bank

Underwriter - Tech, Media, Telecom (Analyst Development Program)

First Citizens Bank • $75K — $90K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree or Associate's Degree with 2 years of experience in a relevant field.
  • Coursework or internship in commercial lending or credit analysis.
  • Strong analytical, quantitative, and writing skills.
  • Minimum undergraduate GPA of 3.0.
  • Anticipated graduation in 2027.

Responsibilities

  • Prepare historical financial analysis and projection models for loan underwriting.
  • Conduct independent industry research to inform decision-making.
  • Assist in managing and reporting on loans after closing.
  • Participate in creating credit approval documents.
  • Contribute to credit approval meetings with insights and analysis.
  • Stay updated on trends in the Tech, Media & Telecom sectors.
  • Maintain credit files for audits and compliance.

Benefits

  • Comprehensive benefits program designed to meet associate needs.
  • Access to variable incentives and bonuses based on performance.
  • Opportunities for professional development and growth within the company.
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.

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 Analysis


Basic 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 fundamentals

Preferred 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.

About First Citizens Bank

First Citizens Bank is a regional bank that provides a range of financial services to individuals and businesses. The bank offers checking and savings accounts, loans, mortgages, credit cards, and investment services, as well as online and mobile banking. First Citizens Bank operates more than 500 branches in 19 states and the District of Columbia. The bank was founded in 1898 and is headquartered in Raleigh, North Carolina.
Learn more about First Citizens Bank
Size
6,000 employees
Industry
Founded
1898

Similar Jobs

More Jobs at First Citizens Bank

More Finance & Insurance Jobs

Find similar Underwriter - Tech, Media, Telecom (Analyst Development Program) jobs: