2027 Summer Intern - Business Risk & Controls (Raleigh, NC) at First Citizens BancShares

Job description

Overview This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens Bank offers an exciting summer internship program that provides development opportunities and hands on work experience while creating a talent pipeline for the Bank. Our interns will apply classroom knowledge in a corporate environment while making a positive impact across the organization and the communities we serve. Come help First Citizens build for the future! The Business Risk and Controls Intern supports first line risk management activities supporting one or more Business Units. Working under the guidance of experienced team members, the intern assists with data collection, reporting, documentation, and other activities that help the business identify, monitor, and manage risk. This role provides exposure to business operations, risk and control practices, regulatory requirements, and executive reporting in a large financial institution. Duties and Responsibilities: Risk Program Support Assist with gathering, organizing, and validating information used in risk and control activities. Support the maintenance of risk documentation, procedures, project plans, and tracking tools. Help monitor action items, key dates, and deliverables. Identify missing, inconsistent, or potentially inaccurate information and escalate questions to the appropriate team member. Participate in team meetings and document decisions, action items, and follow-up activities. Data Analysis and Reporting Collect and organize data used in risk reports, dashboards, and management presentations. Perform basic analysis to identify trends, anomalies, and changes in performance. Assist with preparing charts, summaries, and presentation materials. Review reports for accuracy, completeness, and consistency. Help maintain reporting templates and supporting documentation. Risk and Controls Exposure Develop a foundational understanding of the Business Unit’s products, services, processes, risks, and controls. Assist with documenting business processes, risks, controls, and supporting evidence. Support research related to risk management practices, policies, and regulatory requirements. Observe how risk issues are identified, assessed, escalated, and resolved. Collaborate with business, risk, compliance, technology, and operations partners as assigned. Project and Administrative Support Support special projects and process improvement initiatives. Organize project materials and maintain shared files or team resources. Help document workflows and identify opportunities to simplify or improve processes. Complete assigned work accurately and within established timelines. Perform other related duties as assigned. Responsibilities & Qualifications In this role, you will: * Be part of a dynamic team with interesting projects. * Accountabilities can and may include areas such as research, analytics, projects, strategy, process review and improvement, as well as technology enhancements and support. * Attend professional development sessions, informational sessions, networking and community service events. * Have a dedicated manager and program manager to help you navigate the bank and the internship program. * Be assigned a project, designed to improve a specific process or solve a problem that you will present at the close of the internship. * Prepare a wrap-up presentation to be shared with the division leader and other key stakeholders in the company to outline your accomplishments and experience during the internship. Duties & Responsibilities: Accountabilities assigned by the intern’s direct manager, area or department leadership. Accountabilities may include areas such as branch operations, sales processes, research, analytics, projects, strategy, process review and improvement, as well as technology enhancement assessment and support. Amongst or in addition to these accountabilities, a business aligned project shou