CRA Compliance Intern
First Citizens Bank
Internship
Closes on Friday, December 20, 2024
Job Description
OVERVIEW
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 CRA Compliance Team is responsible for 2nd line of defense oversight for the Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA), providing guidance on these complex regulations to ensure strategy and implementation meet the requirements.
In 2025, the bank will be implementing two new regulations, the CRA New Rule and Dodd Frank Rule 1071 on Small Business Data Collection. In turn, the Compliance team will be developing and executing a monitoring program that reports on potential risk factors and data gaps on the new regulations.
Below are some skillsets a student intern must possess to be successful this coming summer:
RESPONSIBILITIES
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
Internship dates: 5/28/2025 - 8/01/2025
QUALIFICATIONS
Required qualifications:
* High School Diploma or GED and 1 year of experience
* 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
Preferred qualifications:
* 3.0 minimum GPA
* Strong desire to learn and grow
* Currently pursing a Bachelors or Masters degree in Business Administration, Accounting, Mathematics, Analytics, Economics, Political Science, Marketing, or other applicable degree
* Possess a positive attitude, naturally curious and enjoys collaborating with others
* Strong verbal and written communication skills
* Critical and creative thinking skills
* Ability to multitask
* Positive, 'can do', growth mindset
* Strong MS Office skills, particular emphasis on Excel and PowerPoint
* Ability to adapt and adjust priorities based on business needs
* Ability to take direction and absorb information quickly
First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits
Internship 40 First Citizens Bank