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Citizens 2025 Summer Intern - Community Development (Boston, MA) in Boston, Massachusetts

Description

Start Date: May 2025

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

Opportunities Overview:

Community Development (“CD”) is committed to building strong communities by working to ensure Citizens Bank offers innovative products and services aimed at fostering affordable housing, economic development, and neighborhood stabilization. This is achieved through a suite of debt and investment products which provide capital to low- to moderate-income communities within our footprint. We oversee a robust financial education program for the organization dedicated to helping families outside the financial mainstream develop better money management strategies.

Responsibilities:

  • Community Development is seeking a dynamic individual, who has an interest in making a difference in the community to participate in our Summer Internship program.

  • The Summer Intern will provide support in activities within the Community Development line of business, centered in the commercial lending and investing activities which advance the Bank’s Community Reinvestment Act objectives.

  • The position will support key initiatives set to enhance the banks Community Reinvestment Act (CRA) performance.

  • Partner with Community Development Portfolio Management to provide client support for CD loans and investments originated by the CD Lending and Investment teams, by ensuring adherence to credit policy and requirements, financial analysis, risk evaluation and portfolio management activities.

  • Participate in updating quarterly portfolio data and conducting capital funding calls for investment portfolios.

  • Support Community Development Lending Relationship Managers in the management of credit portfolio, with a focus on driving new client acquisition, generating revenue, and raising brand awareness among affordable housing developers and other economic revitalization projects in the community.

  • Partner with Community Development Investments to review, prepare and analyze financial projections for community development investments, as well as assist in the initial underwrite of potential transactions, identify risk, and prepare summary observations for review.

  • Partner with Community Development Market Managers to engage key community organizations focused on affordable housing and financial education initiatives.

  • Identify, coordinate, and implement opportunities to increase CRA qualified community volunteer activities to support financial education and economic revitalization.

    Qualifications:

  • Successfully complete a video interview assessment within 7 days of receiving the link. If not completed within the timeframe, your application will be automatically withdrawn from consideration.

  • Current students enrolled in an undergraduate bachelor’s program, graduating between Winter 2025 – Spring 2026 OR current students enrolled in a graduate program, graduating between Winter 2025 – Spring 2026

  • Minimum cumulative GPA of 3.0.

  • Please include your cumulative GPA on your resume.

  • Relevant work experience, leadership 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.

  • Candidates 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 intern / full time Analyst positions and candidates must have permanent authorization to work in the U.S.

  • Hours per Week: 40

  • Work Schedule: M - F

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.

Why Work for Us

At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth

Background Check

Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

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