Analyst - Sustainable Energy Finance
OVERVIEW
Through the CIT Division of First Citizens Bank, the Credit Analyst Development Program beginning Summer 2023 offers a highly experiential, challenging career opportunity with exposure to the firm’s businesses and senior management.
Credit Trainees have a unique opportunity to contribute to all facets of transaction generation and execution.
The Energy team provides financing to companies involved throughout the energy value chain, with its principal area of focus to offer complex financing solutions for small and large scale power projects, primarily renewables, and battery storage to assist in the clean energy transition. Analysts on this team are responsible for assisting with the initial underwriting and ongoing portfolio management of investments, to include due diligence, cash flow modeling, risk assessment, preparation of internal credit memos. CIT is a leader in this sector and has a deep and talented team.
RESPONSIBILITIES
Conduct comprehensive company and industry research
Analyze financial statements and detailed operational and financial information to build forecast models of potential borrowers
Assist in authoring and coordinating credit committee documents; attend and contribute to credit committee meetings
Help manage internal deal processes which include performing business, financial and legal diligence, and educating internal risk and control groups
Develop understanding and maintain awareness of trends and conditions in the power markets
QUALIFICATIONS
Basic Qualifications
Bachelor’s degree required, May 2023 Graduate
Preferred
Bachelor's degree in a major/concentration in finance, accounting, engineering or economics
MBA
Minimum undergraduate GPA of 3.0
Previous internship experience in an analytical role within an energy focused institution