Corporate Intern - Model Risk Management​/Model Governance

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!

As part of Model Risk Management, with a specific focus on Model Governance, this opportunity offers hands-on exposure to how financial institutions manage, govern, and oversee models used across the bank for decision-making, risk management, and regulatory compliance (e.g., SR 11-7).

The intern will work closely with experienced Model Risk professionals and gain insight into regulatory expectations, internal governance frameworks, and cross-functional collaborations with business partners.

What You'll Gain

* Practical experience in a critical risk function within a regulated financial institution.

* Exposure to banking models and regulatory expectations (e.g., SR 11-7, model governance best practices).

* Development of analytical, documentation, and professional communication skills.

Responsibilities

In this role, you will:

* Support the Model Governance team in maintaining and enhancing the bank's model inventory and governance documentation.

* Assist with tracking model lifecycle activities, including validations, annual reviews, and change management.

* Help prepare reports, dashboards, and materials for internal reporting.

* Review documentation for completeness and alignment with Model Risk Management Policy and Standards.

* 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

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:

* Currently pursuing a Bachelor's degree in Business Administration, Finance, Economics, Mathematics, Statistics, Data Analytics, Risk Management, or a related field

* Proficiency in Microsoft Excel, PowerPoint, and Word.

* Proficiency with data visualization tools (e.g., Power

BI, Tableau, Power Apps, etc.)

* 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

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