Strategic Commercial Real Estate Development Intern

1 week ago


Raleigh, North Carolina, United States First Citizens Bank Full time
Overview

First Citizens Bank is excited to offer a dynamic summer internship program that provides hands-on experience and development opportunities in the field of commercial real estate. Our interns will have the chance to apply their knowledge in a corporate environment, making a positive impact across the organization and the communities we serve.

The Strategic CRE Corporate Intern will work within the Bank's institutional commercial real estate platform, assisting SCRE Underwriters and SCRE Regional Lenders with new project underwriting and research, cash flow analysis, compliance with SCRE Asset Targets, industry/market research, and project annual reviews.

Responsibilities
  1. Assist in outside resources, legal, construction inspection, and environmental due diligence.
  2. Conduct market data research for property conditions and market status, and gain exposure to a regional sales platform with a relationship-based go-to-market strategy.
  3. Participate in a dynamic team with interesting projects, including research, analytics, projects, strategy, process review and improvement, technology enhancements, and support.
  4. Attend professional development sessions, informational sessions, networking events, and community service events.
  5. Have a dedicated manager and program manager to help navigate the bank and the internship program.
  6. Be assigned a project to improve a specific process or solve a problem, which will be presented at the close of the internship.
  7. Prepare a wrap-up presentation to be shared with the division leader and other key stakeholders in the company to outline accomplishments and experience during the internship.
Qualifications

Required qualifications:

  • High School Diploma or GED and 1 year of experience.
  • Currently enrolled at an accredited collegiate institution during the time of the summer program.
  • Ability to work 40 hours per week during the duration of the program.

Preferred qualifications:

  • 3.0 minimum GPA.
  • Currently pursuing a major with a focus on commercial real estate.
  • Strong desire to learn and grow.
  • Positive attitude, naturally curious, and enjoys collaborating with others.
  • Strong verbal and written communication skills.
  • Critical thinking skills.
  • Ability to multitask.
  • Ability to adapt and adjust priorities based on business needs.
  • Ability to take direction and absorb information quickly.
  • Interest in commercial real estate.
  • Experience with Excel.


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