First Citizens Bank: A Door to Exciting Internship Opportunities
First Citizens Bank, a long-standing financial institution known for its commitment to its community and clients, is offering an exciting summer internship program. This opportunity is a hybrid role, allowing the intern to work both inside and outside the company office. The program is designed to be a stepping stone for students to apply their classroom knowledge in a real-world corporate environment. This opportunity is situated in the vibrant city of Raleigh, North Carolina. For more information, click Here.
Program Overview
The Internship program at First Citizens Bank is not just a job opportunity, but a comprehensive development program. The bank is committed to providing hands-on work experience that aligns with interns’ academic knowledge. The work done by the interns directly impacts the organization and the communities it serves, making a positive difference. The program aims to build a talent pipeline for the bank, preparing future leaders in the finance sector.
The Role
The intern will be a part of the General Bank’s Business Enhanced Due Diligence Department. Their role would encompass assisting with client reviews, transactional monitoring to detect potential money laundering or fraud, conducting basic customer due diligence, and enhancing due diligence reviews. They will also assist in preparing and documenting risk summaries. These responsibilities offer a real taste of working in the field of finance and banking, providing a solid foundation for a future career.
Responsibilities and Learning Opportunities
The role is filled with diverse responsibilities, offering a comprehensive learning experience for the intern. They will get the opportunity to delve into research, analytics, strategy, process review, and improvement. They will also get the chance to work on technology enhancements and support. The intern will attend professional development sessions, informational sessions, networking, and community service events, further broadening their experience.
Additionally, the intern will have a dedicated manager and program manager to guide them through the bank and the internship program. The intern will be assigned a project designed to improve a specific process or solve a problem, which they will present at the close of the internship. This project will be a significant part of their learning experience, as it will challenge them to apply their knowledge and skills in a practical scenario.
Qualifications
For this role, First Citizens Bank requires the intern to have a High School Diploma or GED and at least 1 year of experience. The intern must be currently enrolled at an accredited collegiate institution during the time of the summer program and have the ability to work 40 hours per week during the duration of the program. Ideally, the intern should have relevant coursework in finance, accounting, criminal justice, or fraud prevention. A minimum GPA of 3.0 is preferred.
Key Skills
First Citizens Bank is looking for an intern who can analyze information and draw conclusions. Strong verbal and written communication skills are vital for reporting findings. The intern should have strong organization skills to manage tasks and work volumes while maintaining quality. The Bank is looking for an individual who has a strong desire to learn and grow, possesses a positive attitude, is naturally curious and enjoys collaborating with others. The ability to multitask, adapt, and adjust priorities based on business needs and take direction and absorb information quickly is also important.
Benefits
First Citizens Bank is committed to providing a competitive, thoughtfully designed, and quality benefits program to meet the needs of its associates. The bank understands that benefits are an integral part of total rewards. More information about the benefits can be found at First Citizens Bank Benefits.
Conclusion
The summer internship program at First Citizens Bank is an exciting opportunity for students to gain hands-on experience in the finance and banking industry. This program is not only a job but a comprehensive learning experience that will prepare them for a successful future career.
