Underwriter I - Analyst Development Program (Healthcare Real Estate and ABL)

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office

The Healthcare Real Estate and Asset Based Lending ("ABL") Team at First Citizens Bank is hiring an Underwriting Analyst to participate in the Commercial Bank Analysis Development Program. The Healthcare Real Estate and ABL Team provides comprehensive banking solutions to owners and operators of Senior Housing and Long-Term Care Facilities across the United States for various financing needs, including acquisitions, refinancings, construction and recapitalizations.

About the Analyst Development Program:

As an Analyst you will participate in the Commercial Bank Analyst Development Program which is designed to build a broad and deep technical skillset through formal classes, online coursework, and on the job training.

The program begins July 2026, on-site at our New York City Office with an 8-week intensive curriculum where participants learn about:

• Underwriting fundamentals
• Financial Analysis and Excel Modeling
• First Citizens Bank Core Values
• Application-specific training on systems
• Business unit overviews with team leaders
• Strategic priorities of the Bank
• Credit Policies and Procedures

Following the 8 weeks, Analysts join their teams and stay connected with colleagues through training and professional development sessions. We provide a superior foundation and launchpad for continued success for our Analysts as they begin their careers.

Upon completion of the ADP program, the Analyst will support the Healthcare Real Estate and ABL Team through underwriting, analysis, and structuring recommendations for Senior Housing and Long-Term Care owners and operators. The Analyst will identify, gather, and review financial information to determine borrower risk ratings and appropriate loan structuring. Assesses and communicates risks within new and existing accounts. Provides service and support for both associates and clients, assisting in customer calls.

The Analyst will:

• Support a team of junior and senior underwriters with assessing and approving transactions in the Healthcare Real Estate and ABL space which includes Senior Housing and Long-Term Care Facilities.
• Prepare initial financial, market and business analysis and prepare historical and projection models to develop due diligence questions.
• Interact with Credit Management, Borrowers, Loan Operations and Closing teams, and collaborate with peers.
• Ensure compliance with all FCB policies and procedures.
• Firm understanding of FCB systems and resources

Basic Qualifications:

• Bachelor's degree and 0 years experience OR GED and 4 years experience in Healthcare Real Estate and Asset Based Lending.

Preferred Qualifications:

• Bachelor's degree completed before start off program.
• Major or concentration in quantitative field including accounting, finance, business, or economics.
• Ability to demonstrate strong analytical and quantitative skills.
• 3.5 Undergraduate GPA, or higher.
• Previous internship experience in an analytical role within a financial services institution or a private equity firm.
• Experience with Commercial Real Estate or Healthcare Real Estate a plus.
• Attention to detail.
• Strong verbal and written communications skills.
• Strong time management skills and ability to multi-task on multiple transactions at one-time.
• Ability to problem solve.
• Enjoys collaborating with others.
• Proficiency with Microsoft Excel, Word and PowerPoint.

If hired in New York, the base pay for this position is generally between $36.06/hr - 43.27/hr. Actual starting base pay will be determined based on skills, experience, location and other non-discriminatory factors permitted by law. For some roles, total compensation may also include variable incentives, bonuses, benefits, and/or other awards as outlined in the offer of employment.

First Citizens benefits programs are designed to meet our associates where they are in life. Full-time associates (20+ hours) are offered a comprehensive benefits program, with customized offerings, including those designed to support families, however defined. More information regarding our benefits offerings can be found here: https://jobs.firstcitizens.com/benefits.