Description

Job Title: 2024 Summer Intern - Global Markets (Boston)

Location: Boston, MA

Duration: 10 weeks

Start Date: May 2024

Commercial Summer Internship Program

The Commercial Summer Internship Program is designed to give interns a look at Citizens Bank’s culture and exposure into one of the many commercial banking business lines through project-based assignments, learning curriculum, networking, volunteer opportunities and formal mentorship. Responsibilities will vary based on the group you’re assigned to and will leverage your unique skills and abilities.

Global Markets Overview

Summer Analysts within Global Markets will work closely with the Sales team’s junior and senior professionals, provide support across the team, and begin to develop an understanding of Global Markets and the macroeconomic impact of domestic and foreign policies and events. Citizens Global Markets helps clients reduce the impact of interest rate and foreign exchange (FX) rate volatility on financial statements, forecasts, budgets, investments, dividends, inventory, and cash flows. We work with clients and prospects to identify exposures based on expertise and economic insights, design methodologies for quantifying the potential impact of risks on financial performance and determine overall risk. Based on this consultative assessment, we create risk management programs that hedge exposures cost-effectively.

At the conclusion of the 10-week program, high-performing interns will be considered for a potential offer for direct employment into the Global Markets team. Note that the Global Markets team is in Boston, MA, and only candidates willing to relocate to Boston will be considered for a position within Leveraged Finance.

Job Responsibilities

• Work alongside Traders, Salespeople, and Analysts
• Help with desk coverage and provide support for the Sales team
• Create pitch books/presentations and other duties as assigned by Sales Marketers /Team Leader
• Increase awareness and begin to develop the ability to articulate market conditions to clients
• Help manage development effort of new Global Markets prospect lists Business through analysis and providing recommendations
• Additional competencies preferred and to be developed: financial analysis/modeling, risk evaluation, macro programming, option pricing, and other quantitative measures as required
• Create weekly distributions (including market updates and memos to Senior Management), deal tracking sheets/systems, Salesforce and pipeline activity, and project work as needed

Qualifications

Qualifications

• Current students enrolled in an undergraduate program, graduating between Winter 2024 – Spring 2025
• Preferred cumulative GPA of 3.5
• Relevant work experience or coursework in Finance, Accounting or Economics is preferred but all majors will be considered.
• Strong analytical skills and software skills: MS Office (Word, Excel, PowerPoint) proficiency is required.
• You must currently be a U.S. Resident to be eligible for this program.
  • Please note that U.S. Immigration sponsorship or work visa is not available for this position or for full time Analyst positions and candidates must have permanent authorization to work in the U.S

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.