Commercial Banker Development Program Associate

Description

Location: Johnston, RI or Hartford, CT

Start Date: June 26, 2025

Commercial Banker Development Program Overview

The Commercial Banker Development Program (CBDP) will include an upfront 4-month early career training program in Commercial lending. Specifically, you will spend 8 weeks in Boston in classroom training. The remainder of your training and full-time role will be based in Johnston, RI or Hartford, CT. Citizens will provide housing in Boston, MA for the 8-week period. You will learn the basics of how we underwrite risk and provide solutions to our clients. The mission of the CBDP is to create the future leaders of Citizens Commercial Banking. 

The CBDP includes a combination of classes, self-study, and systems training. Training encompasses a comprehensive curriculum of classes concentrating in accounting, financial and credit analysis, and high-level corporate finance. You will get exposure to a range of lending, banking products/services and support areas within the bank through focused training sessions with experts from the various lines of business. You will also have an assigned mentor and networking opportunities with senior leaders from various divisions that assist in advancing your career at Citizens. There will be opportunities to join in on Citizens’ volunteer efforts that give back to our local communities.

Upon successful completion of the upfront training, you will assume the role of Credit Analyst and join the Southern New England Commercial Middle Market Portfolio Management Team in the bank’s Johnston, RI or Hartford, CT office.  The Group covers the Connecticut, Rhode Island and Albany NY markets, and provides financing for commercial clients with revenues ranging from $25MM to $500MM. A Commercial Banking Credit Analyst at Citizens conducts thorough research and analysis of market data, trends and other factors related to the financing that is a part of credit decisions. Supporting a team of Portfolio Managers and Relationship Managers, our credit analysts work together to understand and apply credit policy and field questions related to financial analysis and interpreting financial statements.

Job Responsibilities

The CBDP Associate is responsible for successfully completing all aspects of the program including:

• The Accounting session, complete with two exams; an average passing grade of 75% on both exams is required to proceed with the Program.
• Attend all classes and complete homework and other assignments as required.
• Demonstrate competence in materials presented and ability to successful complete a Credit Proposal Summary write-up on a typical bank client.
• Commitment to work at Citizens Bank following completion of the program.

Preferred 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 or graduate program, graduating between Winter 2024 – Spring 2025 OR candidates with ~1 year of full-time work experience in a related field or completion of a formal credit training program (bachelor’s degree is required). 
• Minimum GPA of 3.2; Preferred cumulative GPA of 3.5
  • 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

Preferred Skills

Financial Modeling/Excel Skills, Commercial Loans, Curiosity, Finance and Accounting Trends, Leverages Information, Persistence and Tenacity, Process-Oriented

Hours & Work Schedule

• Hours per Week: 40
• Work Schedule: M – F

The Credit Analyst role at Citizens is an entry level role. We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits.

For more information about our programs and application process, please visit: https://jobs.citizensbank.com/en/Commercial-Banker-Program

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

Citizens, its parent, subsidiaries, and related companies (Citizens), provides 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, transgendered and transitioning individuals, 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. At Citizens we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day and where all are expected to be treated with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. We perform our best so we can do more for our customers, colleagues, communities and shareholders.