Underwriter I - Analyst Development Program (Maritime Finance)
First Citizens Bank is a financial institution offering maritime finance solutions. The Underwriter I position is part of an Analyst Development Program that focuses on credit underwriting and portfolio management for maritime loans, requiring collaboration and financial analysis skills.
Responsibilities
- Conduct comprehensive company and industry research
- Analyze financial statements and detailed operational and financial information to build forecast models of potential and existing borrowers
- Assist in the underwriting of credits, including authoring and coordinating credit committee documents; attending and contributing to credit committee meetings
- Help manage internal deal processes which include performing business, financial and legal diligence, and educating internal risk and control groups
- Construct LTV and scrap value analyses to evaluate deal structures
- Develop understanding and maintain awareness of trends and conditions in the various sub-sectors of the broader maritime market
- Manage accounts post-close and maintain credit files in preparation for internal or external audits
Skills
- Bachelor's Degree and 0 years of experience OR High School Diploma and 4 years experience in commercial lending or credit Analysis, financial statement analysis, and finance fundamentals
- Major or concentration in finance or accounting
- Strong financial analyst skills and writing ability
- Previous financial internship experience in an analytical role within a financial services institution
- GPA of 3.3 or higher
- Maritime sector experience a plus
Benefits
- Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates.
Company Overview
Company H1B Sponsorship