Corporate Finance Underwriting Analyst – Oil & Gas (ADP)

First Citizens Bank; Dallas (TX); Hybrid; USD 50,000 - 60,000; Full time

Job summary

First Citizens Bank's Power and Renewables Energy Group is hiring a Commercial Banking Underwriting Analyst to participate in our Analyst Development Program. This hybrid role combines office and flexible work arrangements in Dallas and beyond.

As an Analyst, you will build financial models, perform due diligence on solar, wind, gas, and battery storage projects, prepare credit memos, and help manage a diverse debt portfolio for middle-market clients, supporting a fast-growing energy financing

Qualifications

• Bachelor's degree or associate degree/equivalent and 2 years' experience coursework or internship in commercial lending or credit analysis, financial statement analysis, and finance fundamentals
• Analytical thinking, written and verbal communication, and credit analysis skills
• Strong financial modeling and Excel proficiency preferred

Responsibilities

• Financial modeling in Excel for solar, wind, gas and battery storage projects
• Due diligence of projects including company and industry analysis, reviewing engineering, market, insurance and transmission studies
• Preparation of internal credit memorandum
• Preparation of marketing materials for potential clients and other lenders
• Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, financial analysis, credit memo preparation
• Participate in internal credit approval meetings and client/customer calls as appropriate

Skills

Analytical reasoning

Communication

Credit analysis

Critical thinking

Financial analysis

Education

Bachelor's degree

Associate's degree / Equivalent

2 years' experience in lending/credit

Job description

Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office. The Power and Renewables Energy Group within First Citizens Bank’s Energy Finance Business is hiring a Commercial Banking Underwriting Analyst to participate in the Analyst Development Program. The Power and Renewable Energy Group lends money to finance large scale US conventional gas power projects and renewable energy projects such as solar, wind, and battery storage. The team arranged over $1 billion in debt financing in 2026 and consistently ranks among the top banks in leading financings for US power and renewables projects.

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.

About

The program starts on July 7, 2027, 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.

Responsibilities & Qualifications

Upon completion of the ADP program, candidates will join the Power and Renewables Energy Group and work within a team construct to assist in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies.

Analysts Will Perform

• Financial modeling in excel of solar, wind, gas and battery storage projects
• Due diligence of projects including company and industry analysis, reviewing engineering, market, insurance and transmission studies
• Preparation of internal credit memorandum
• Preparation of marketing materials for potential clients and other lenders
• Work as part of a Deal Team on live transactions, engaged in many aspects of credit underwriting and portfolio management, financial analysis, credit memo preparation
• Participate in internal credit approval meetings and client/customer calls, as appropriate.

Position Specific Skills

• Analytical Reasoning
• Communication (Written and Verbal)
• Credit Analysis
• Critical Thinking Skills
• Financial Analysis

Basic Qualifications

Minimum Required Education and Experience: Bachelor's Degree OR Associate's Degree/Equivalent and 2 years' experience Coursework or internship in commercial lending or credit Analysis, financial statement analysis, and finance fundamentals

Preferred Qualifications

• Bachelor's degree completed upon start of the program (by July 7, 2027)
• Major or concentration in a quantitative field including engineering, finance, accounting or economics
• Strong verbal and written communication skills
• Preferred minimum undergraduate GPA 3.0.
• Previous internship experience in an analytical role within an energy focused institution.
• Strong interest in power and energy

Additional Information

If hired in Dallas, TX, the base pay for this position is generally between $36.06/hour and $43.27/hour. 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. Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.