Commercial Summer Intern - UPM Commerical Real Estate Charlotte, NC
Posted on: October 19, 2020
CITIZENS COMMERCIAL BANKING is growing the future leaders of our
organization. Commercial Banking is business to business banking.
It involves analytical and problem-solving skills as well as strong
interpersonal skills to build relationships with commercial
The Commercial Summer Internship Program is designed to give
interns a look at Citizens Bank's culture through project-based
assignments, learning curriculum, networking, volunteer
opportunities and formal mentorship. It is a 10-week exposure into
one of many commercial banking business lines throughout the
footprint. Responsibilities will vary based on the group you're
assigned to and will leverage your unique skills and abilities. We
encourage students from all majors, who have an interest in
exploring a career in commercial banking to apply. Our internships
will run from June 1 - August 6, 2021. At the conclusion of the
program, high performers will get early consideration into the
Commercial Banker Development Program (CBDP).
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.
There are many client groups within U&PM including Middle
Market, Mid Corporate, Commercial Real Estate, and Business
Capital, to name a few. Colleagues in U&PM work in
cross-functional teams to review and analyze historical and
projected financial performance, identify risks and mitigants,
structure credit facilities, ancillary banking products and
services for the bank and its clients. U&PM ensures that
clients are complying with the terms of the underlying credit
facilities and monitors for any current or future deterioration in
credit, as well as future opportunities to assist clients in
achieving their goals and objectives.
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
- 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. Works with the
Relationship Managers to assist in preparation of client
- Participate in Team Meetings, Capital Markets calls and broader
Commercial Banking calls.
- Participate in deal screen presentations and credit approval
- Work as part of the deal team on a deal screen or new
- Participate in client meetings or conference calls.
- Network within the commercial bank and ask questions about
- Complete other tasks and special projects as required.
Keywords: Citizens, Charlotte , Commercial Summer Intern - UPM Commerical Real Estate Charlotte, NC, Other , Charlotte, North Carolina
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