Start Date: May 2025

Commercial Summer Internship Program

The Commercial Summer Internship Program is designed to give interns a look at Citizens Bank’s culture and exposure into one of the many commercial banking business lines through project-based assignments, learning curriculum, networking, volunteer opportunities and formal mentorship. Responsibilities will vary based on the group you’re assigned to and will leverage your unique skills and abilities. At the conclusion of the program, high performers will get early consideration into the Commercial Banker Development Program (CBDP), a 1-year rotational training and development program and start to your career in Commercial Banking.

Underwriting and Portfolio Management (U&PM) focuses on underwriting credit requests for new and existing clients and managing the bank’s portfolio through the life of the relationship. As part of the Mid-Atlantic Mid-Corp and Foreign Corp U&PM Team, candidates will be working with large, publicly traded U.S. and foreign companies, mainly on syndicated transactions.

Job Responsibilities

• The summer intern will work as part of a commercial client coverage deal team. The position will support Portfolio Managers (PM), Credit Analysts (CA), and Relationship Managers (RMs) in new loan transaction underwriting, loan monitoring, and business development activities.
• Monitor for the receipt and accuracy of client reporting including financial statements, covenant compliance certificates, and collateral requirements.
• Assist in credit analysis, preparation of deal screening memos, new credit approval requests, loan closings, and annual reviews of existing client relationships. This includes learning / preparing financial models, written financial analysis, conducting industry research, and preparing written summaries of industry issues, risks, opportunities, and the competitive environment, communicating questions or observations, and utilizing internal risk and return models and loan systems.
• Performs market analysis and assist in the development of commercial client prospect lists as needed.
• Participate in Team Meetings, Capital Markets calls and broader Commercial Banking calls.
• Participate in client meetings or conference calls.
• Network within the commercial bank and ask questions about specific roles.
• Complete other tasks and special projects as required.

Qualifications:

• Successfully complete a video interview assessment within 7 days of receiving the link. If not completed within the timeframe, your application will be automatically withdrawn from consideration.
• Current students enrolled in an undergraduate bachelor’s program, graduating between Winter 2025 – Spring 2026 OR current students enrolled in a graduate program, graduating between Winter 2025 – Spring 2026
• Minimum GPA of 3.2; Preferred cumulative GPA of 3.5.
  • Please include your cumulative GPA on your resume.
• Relevant work experience, leadership experience or coursework in Finance, Accounting or Economics is preferred but all majors will be considered.
• Strong analytical skills and software skills: MS Office (Word, Excel, PowerPoint) proficiency is required.
• Candidates must currently be a U.S. Resident to be eligible for this program.
  • Please note that U.S. Immigration sponsorship or work visa is not available for intern / full time Analyst positions and candidates must have permanent authorization to work in the U.S

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M-F