First Citizens Bank is looking to solve problems and improve specific processes through an internship program that provides development opportunities and hands-on work experience, creating a talent pipeline for the bank.
Requirements
- Ability to program in statistical/mathematical program in Python, optional in SAS, R and SQL
Responsibilities
- Model Development – conduct data and modeling analysis for one or more CCAR and Balance Sheet forecasting models, by identifying the impact of macroeconomic conditions, customer behavior, business strategy using quantitative methods; this analysis helps the bank manage financial risk around capital requirements and supports the Asset Liability Management and Balance Sheet Management
- Model maintenance – conduct statistical testing and root cause analysis to monitor the performance of the model, by attributing the model performance differences to underlying assumptions and limitations of the model
- Accountabilities can and may include areas such as research, analytics, projects, strategy, process review and improvement, as well as technology enhancements and support.
Other
- This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.
- Currently enrolled at an accredited collegiate institution (during the time of the summer program)
- Ability to work 40 hours per week during the duration of the program
- Strong desire to learn and grow
- Possess a positive attitude, naturally curious and enjoys collaborating with others
