Jobs · Business Development · Massachusetts

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

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