First Citizens Bank
Through the CIT Division of First Citizens Bank, the Credit Analyst Development Program beginning Summer 2023 offers a highly experiential, challenging career opportunity with exposure to the firm’s businesses and senior management. Credit Trainees have a unique opportunity to contribute to all facets of transaction generation and execution.
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, media and commercial/tribal gaming. Our products and services support the development, expansion, equipment and strategic acquisition needs of our clients, including companies within the TMT sectors as well as financial sponsors investing in TMT companies.
The base pay for this position is relative to your experience but the range is $36.06/hr – 43.27/hr. This position is eligible for variable compensation, which may be in the form of incentive, bonus, or commission pay. First Citizens offers a competitive, comprehensive benefits program which you can review here: https://jobs.firstcitizens.com/benefits.
Responsibilities:
Conduct comprehensive company and industry research
Develop understanding and maintain awareness of trends and conditions in the middle market and across a variety of TMT sub-industries
Analyze financial statements and detailed operational and financial information to build projection and enterprise valuation models for potential borrowers
Assist in authoring and coordinating credit committee documents; attend and contribute to credit committee meetings
Participate in calls and meetings with potential borrowers, private equity sponsors and other market participants
Help manage internal deal processes, which include performing business, financial and legal diligence, and educating internal risk and control groups
Firm understanding of CIT systems and resources
Qualifications:
Basic Qualifications:
Bachelor’s degree required, May 2023 Graduate
Preferred Qualifications:
Bachelor’s degree in a major/concentration in finance, accounting or economics
Ability to demonstrate strong analytical and quantitative skills
Minimum undergraduate GPA of 3.3, preferred GPA of 3.5
Previous internship experience in an analytical role within a financial services institution
Quick Apply
To help us track our recruitment effort, please indicate in your cover/motivation letter where (jobsinteelecom.net) you saw this job posting.