Risk Management Development Program 2027
Citizens · Boston, MA · 1 mo ago
Business Development$70k/yrFull-time
About the role
We’re developing the next generation of leaders. You have a unique opportunity to jumpstart your career through hands-on, impactful projects, comprehensive training and development, and exposure to executive leadership, paving the way for a robust career at Citizens Bank.
Responsibilities
- Accelerate the development of foundational financial, credit, risk, and statistical analysis skills through a combination of classes, self-study, on-the-job training and business line rotations.
- Gain technical and industry knowledge and exposure to Consumer and Commercial lending as well as various functions that ensure the safety and soundness of one of the nation’s largest banks.
- Gain a strong understanding of the Risk Management function at Citizens.
- Complete four 6-month rotations within the following risk management functional areas: Credit Risk, Enterprise Risk, Operational Risk, Compliance, and Risk Modeling.
- Collaborate with your RMDP cohort on a Capstone project, investigating a relevant topic to the Bank.
- Utilize the skills you have honed within the program to build a captivating presentation of your findings to the Risk senior leadership team, including the Chief Risk Officer.
Requirements
- Currently pursuing a Bachelor’s degree in a relevant major that demonstrates critical thinking skills such as Finance, Economics, Accounting, Decision Sciences, Risk Management, History, Philosophy, etc.
- Expected graduation date of May 2027
- Minimum GPA of 3.00 required (3.50 preferred)
- Knowledge of relational databases and exposure to a statistical software (i.e. SAS, Stata, R, SPSS, or MATLAB) preferred
- Experience with Generative AI Products and concepts
- Natural curiosity and ability to use both reasoning and technology to create solutions to complex topics
- Basic knowledge of compliance and implications of regulatory frameworks as well as U.S. and International accounting standards is beneficial
- Internship or other relevant corporate exposure in the financial services industry is preferred
Qualifications
- Strong skills and characteristics including: analytical and critical thinking, communication, data analysis, detail-oriented, initiative, interpersonal, leadership, learning agility, project management, relationship building, strategic mindset, and time management
Skills
- Relational databases
- Statistical software (SAS, Stata, R, SPSS, MATLAB)
- Generative AI Products
Benefits
- Competitive pay
- Comprehensive medical, dental and vision coverage
- Roth retirement benefits
- Maternity/paternity leave
- Flexible work arrangements
- Education reimbursement
- Wellness programs
Pay
$70,000.00 per year
Schedule
Full-time
Location
Rotations based in Boston, MA; Johnston, RI; and Westwood, MA