At a Glance
- Tasks: Join a dynamic training programme to develop skills in finance and client management.
- Company: First Citizens Bank, a stable financial institution with over 125 years of service.
- Benefits: Competitive pay, mentorship, professional development, and diverse career paths.
- Other info: Hybrid role with potential relocation after programme completion.
- Why this job: Launch your career in the innovation economy with hands-on experience and networking opportunities.
- Qualifications: Bachelor's degree or equivalent experience; interest in business and finance is a plus.
The predicted salary is between 40.87 - 40.87 £ per hour.
This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. First Citizens offers you the strength and stability of a diversified financial institution with a 125-year tradition of service and the personalized approach of a nimble financial partner. First Citizens Bank (“FCB”) helps personal, business, commercial and wealth clients build financial strength that lasts.
Established in 2012 with training locations in Boston, MA and San Francisco, CA, the Associate Development Program (“ADP”) hires entry-level associates to participate in a comprehensive rotational development and training program that combines critical thinking, business and financial fundamentals, and hands-on experience supporting teams, markets, and client segments across the Innovation Ecosystem and broader Commercial Bank. Throughout the Program, you will collaborate with a variety of teams supporting innovative businesses, venture-backed companies, investors and other participants in the innovation economy.
The foundation of the Associate Development Program is our hands-on training curriculum. It is a building-block approach to develop the skills you’ll need to support dynamic, diverse and rapidly growing clients. The training consists of a combination of classroom-style instruction, case-study-based exercises, and live work with experienced facilitators and business leaders. Throughout the program, associates will develop foundational business, financial and credit skills while gaining an understanding of the innovation economy and the unique business models of companies across various life stages.
While in training, associates are embedded within business units across First Citizens’ Commercial Banking platform to receive hands-on training in areas such as credit risk assessment, loan portfolio management and client management. Associates collaborate with team members to complete meaningful work, develop skills to take on increasing responsibility and gain exposure to different business areas and geographies that may become long-term career opportunities following completion of the Program.
You will assist in managing various aspects of client portfolio and relationships. Responsibilities include assessing and monitoring credit risk, providing financial and credit analysis for a variety of innovative companies, and developing an understanding of the industries, business models, products, and services that drive the innovation economy. As you become a member of the ADP community and build lasting relationships with your peers, you will also receive dedicated mentorship and professional development to strengthen both your technical and financial skills, as well as your interpersonal and communication skills.
- Basic Qualifications: Bachelor's Degree OR High School Diploma or GED and 4 years of experience
- Preferred Qualifications: We hire associates from diverse backgrounds, experiences, and skill sets. Our program is the perfect launching pad into the innovation economy. We welcome candidates from all majors who have demonstrated a level of interest and basic knowledge in business, finance, economics, entrepreneurship, technology, or innovation through coursework, internships, leadership experiences, or employment.
If hired in MA, the base pay for this position is generally between $33.77 and $40.87 per 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.
Associate Development Program, March 2027 (Boston) employer: First Citizens Bank
First Citizens Bank is an exceptional employer that prioritises employee development and a collaborative work culture. Located in the UK, we offer competitive benefits, ongoing training opportunities, and a supportive environment where your contributions are valued, making it an ideal place for those seeking a rewarding career in banking.
StudySmarter Expert Advice🤫
We think this is how you could land Associate Development Program, March 2027 (Boston)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like First Citizens Bank. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Associate Development Program, March 2027 (Boston)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to First Citizens Bank.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on First Citizens Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at First Citizens Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with First Citizens Bank.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at First Citizens Bank will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former First Citizens Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
