First Citizens Bank logo

Quantitative Analyst Intern

First Citizens Bank
Internship
Remote friendly (New York, United States)
United States
$21 - $32 USD hourly
Software/ IT

In this role, you will:

  • Model Development – conduct data and modeling analysis for one or more CCAR and Balance Sheet forecasting models, by identifying the impact of macroeconomic conditions, customer behavior, business strategy using quantitative methods; this analysis helps the bank manage financial risk around capital requirements and supports the Asset Liability Management and Balance Sheet Management
  • Model maintenance – conduct statistical testing and root cause analysis to monitor the performance of the model, by attributing the model performance differences to underlying assumptions and limitations of the model
  • 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: 5/27/2026 - 7/31/2026

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:

  • Specific focus of study in statistics, economics, econometrics, applied mathematics, quantitative finance or related field is preferred
  • Currently pursuing an advanced degree (Master’s)
  • Ability to program in statistical/mathematical program in Python, optional in SAS, R and SQL
  • 3.0 minimum GPA
  • Strong desire to learn and grow
  • Possess a positive attitude, naturally curious and enjoys collaborating with others
  • Strong verbal and written communication skills
  • Critical thinking skills
  • Ability to multitask
  • Ability to adapt and adjust priorities based on business needs
  • Ability to take direction and absorb information quickly