Underwriter I - Energy (ADP)

This position performs underwriting and administrative duties in support of the Energy group. Sources and verifies accuracy of all associated documentation. Collaborates with both internal and external parties to facilitate smooth workflow. Supports operations by answering inquiries and resolving daily issues.

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 starts on July 7, 2027, on-site at our New York City Office with an 8-week intensive curriculum where participants learn about:

• Underwriting fundamentals
• Financial Analysis and Excel Modeling
• First Citizens Bank Core Values
• Application-specific training on systems
• Business unit overviews with team leaders
• Strategic priorities of the Bank
• Credit Policies and Procedures

Following the 8 weeks, Analysts join their teams and stay connected with colleagues through training and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers.

Analysts will perform:

• Financial modeling in excel of solar, wind, gas and battery storage projects
• Due diligence of projects including company and industry analysis, reviewing engineering, market, insurance and transmission studies
• Preparation of internal credit memorandum
• Preparation of marketing materials for potential clients and other lenders
• Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, financial analysis, credit memo preparation
• Participate in internal credit approval meetings and client/customer calls, as appropriate.

POSITION SPECIFIC SKILLS

• Analytical Reasoning
• Communication (Written and Verbal)
• Credit Analysis
• Critical Thinking Skills
• Financial Analysis

BASIC QUALIFICATIONS

Minimum Required Education and Experience: Bachelor's Degree OR Associate's Degree/Equivalent and 2 years' experience in Coursework or internship in commercial lending or credit Analysis, financial statement analysis, and finance fundamentals

PREFERRED QUALIFICATIONS

• Bachelor's degree completed upon start of the program (by July 7, 2027)
• Major or concentration in a quantitative field including engineering, finance, accounting or economics
• Strong verbal and written communication skills
• Preferred minimum undergraduate GPA 3.0.
• Previous internship experience in an analytical role within an energy focused institution.
• Strong interest in power and energy

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If hired in New York, NY, the base pay for this position is generally between $36.06/hour and $43.27/hour. Actual starting base pay will be determined based on skills, experience, location, and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

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. More information can be found at https://jobs.firstcitizens.com/benefits.