Underwriter I, Maritime Finance - Analyst Development Program (New York, NY)

First Citizens Maritime Finance offers customized solutions for secured loans to vessel owners and operators. Key areas of focus include the freight, bulker and container shipping sectors.

The Maritime Finance group within First Citizens Bank is hiring an Underwriting Analyst to participate in the Commercial Bank Analyst Development Program.

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.

Program begins July 2026 on-site at our New York City Office with a 6-week intensive curriculum where participants learn about:

• Credit Policies and Procedures
• 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

Following the 6-weeks, Analysts join their teams and stay connected with colleagues through trainings and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers.

About the Maritime Finance Team
The Maritime team partners with Private Equity firms, Mezzanine funds and Private Credit funds to offer senior secured loans, sale-leasebacks and bareboat charters to owners and operators of oceangoing cargo vessels, including oil tankers, bulkers, container ships and LNG tankers. experienced sponsors in the top 35 MSAs in the US. They focus primarily on bridge, construction and repositioning loans across all property sectors.

• Prepare historical financial analysis, projection models and assist in the underwriting of loans.
• Conduct independent industry research.
• Assist in the management and reporting of loans post close.
• Participate in the creation of credit committee documents.
• Attend and contribute to credit committee meetings.
• Develop understanding and maintain awareness of trends and conditions in their respective business unit.
• Maintain credit files in preparation for internal or external audits.
• Develop a firm understanding of FCB systems and resources.

Position Specific Skills:

• Partnerships and Collaboration
• Communication (Written and Verbal)
• Critical thinking skills

Required Qualifications:

• Bachelor's Degree and 0 years of experience OR High School Diploma and 4 years experience in in commercial lending or credit analysis, financial statement analysis, and finance fundamentals

Preferred Qualifications:

• 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
• Previous financial internship experience in an analytical role within a financial services institution
• GPA of 3.0 or higher
• Maritime sector experience a plus

If hired in NY the base pay for this position is generally between $36.06 - $43.27/hr. 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