Overview

　　First Citizens Energy Finance leverages its deep industry knowledge and expertise to offer comprehensive financing solutions for renewable and conventional power generation. The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector.

　　The Power and Renewable Energy 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 6-week intensive curriculum where participants learn about:

　　Credit Policies and ProceduresUnderwriting fundamentalsFinancial Analysis and Excel ModelingFirst Citizens Bank Core Values Application-specific training on systems Business unit overviews with team leadersStrategic priorities of the BankFollowing the 6-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 Power and Renewable Energy Team

　　The Power and Renewable Energy Group lends money to finance US renewable projects using technologies such as solar, wind, and battery storage. The group arranged over $1 billion in debt financing in 2022 and consistently ranks among the top banks in leading financings for US power and renewables projects. In 2020, it was named Renewable Energy Lead Arranger of the year by Power Finance & Risk, a top publication covering the energy project finance industry.

　　The pay for this position is $90,000 per year. 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

　　Financial modeling in excel of solar, wind, and battery storage projectsDue diligence of projects including reviewing engineering, market, insurance and transmission studiesPreparation of internal credit memorandumPreparation of marketing materials for potential clients and other lendersStaying up to date with industry trendsQualifications

　　Bachelor's degree upon the start of the program (7/8/2024)3.0 GPA

　　Preferred:

　　3.5 GPA or higherPrevious internship experience in an analytical role at a bank or energy companyMajor in a quantitative field including finance, accounting or economicsStrong verbal and written communications skillsAttention to detailStrong time management skillsAbility to problem solve