Santa Monica, California, USA
3 days ago
Corporate Banking Analyst – Project Finance (Power & Renewable Energy)
Overview The Power Finance Group within the First Citizens Bank’s Energy Business lends money to finance large scale US conventional gas power projects and renewable energy projects such as solar, wind, and battery storage. The Power Group arranged over $1 billion in debt financing in 2023 and consistently ranks among the top banks in leading financings for US power and renewables projects. In 2020, it was named Renewable Energy Lead Arranger of the year by Power Finance & Risk, a top publication covering the energy project finance industry. 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. The program starts July 9, 2025 on-site at our New York City Office with an 8-week intensive curriculum where participants learn about: 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 Credit Policies and Procedures Following the 8 weeks, Analysts join their teams and stay connected with colleagues through training and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers. Responsibilities Upon completion of the ADP program, candidates will join the Energy Team and work within a team construct to assist in the credit underwriting and portfolio management of diverse debt solutions for primarily renewable companies. Analysts will: Financial modeling in excel of solar, wind, gas and battery storage projects Due diligence of projects including company and industry analysis, reviewing engineering, market, insurance and transmission studies Preparation of internal credit memorandum Preparation of marketing materials for potential clients and other lenders Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, financial analysis, credit memo preparation Participate in internal credit approval meetings and client/customer calls, as appropriate. Attend professional development and informational sessions, networking and community service events Qualifications Required Qualifications: Bachelor’s Degree Preferred Qualifications: GPA above 3.5 Major in a quantitative field including engineering, finance, accounting or economics Strong verbal and written communications skills Strong time management skills Ability to problem solve Enjoys collaborating with others Strong interest in renewable energy The base pay for this position is generally between $36.06/hour and $43.27/hour. 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. 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
Confirm your E-mail: Send Email