Location: Cleveland, OH
Duration: 10 weeks
Start Date: May 2026
Commercial Summer Internship Program
The Commercial Summer Internship Program is designed to give interns a look at Citizens Bank’s culture and exposure into one of the many Commercial Banking business lines through project-based assignments, learning curriculum, networking, volunteer opportunities and formal mentorship. Responsibilities will vary based on the group you’re assigned to and will leverage your unique skills and abilities. At the conclusion of the program, high performers will get early consideration into the Commercial Banker Development Program (CBDP), a 1-year rotational training and development program and start to your career in Commercial Banking.
Underwriting and Portfolio Management (U&PM) focuses on underwriting credit requests for new and existing clients and managing the bank’s portfolio through the life of the relationship. Commercial Real Estate (CRE) Team structures, underwrites and maintains a portfolio of CRE loans while following the loan’s lifecycle.
Job Responsibilities:
The summer intern will work as part of a commercial client coverage deal team. You may get exposure to all Underwriting & Portfolio Management responsibilities including financial analysis, financial covenant tracking, credit risk assessment, and preparation of credit approval requests. In this position you will partner with Portfolio Managers (PM), Credit Analysts (CA), and Relationship Managers (RMs) in new loan transaction underwriting, loan monitoring, and business development activities:
Monitor for the receipt and accuracy of client reporting including financial statements, covenant compliance certificates, and collateral requirements.
Assist in credit analysis, preparation of deal screening memos, new credit approval requests, loan closings, and annual reviews of existing client relationships. This includes learning / preparing financial models, written financial analysis, conducting industry research, and preparing written summaries of industry issues, risks, opportunities, and the competitive environment, communicating questions or observations, and utilizing internal risk and return models and loan systems.
Gaining a comprehensive understanding of the underwriting intricacies across various commercial real estate asset classes, including multifamily, retail, office, industrial, and hospitality.
Performs market analysis and assists in the development of commercial client prospect lists as needed. Works with the Relationship Managers to assist in the preparation of client presentations.
Participate in Team Meetings, Capital Markets calls and broader Commercial Banking calls.
Participate in deal screen presentations and credit approval meetings.
Work as part of the deal team on a deal screen or new transaction.
Participate in client meetings, conference calls, and site visits of bank-financed real estate properties.
Network within the Commercial Bank and ask questions about specific roles.
Complete other tasks and special projects as required.
Qualifications:
Successfully complete a video interview assessment within 4 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 bachelor’s program, graduating between Winter 2026 – Spring 2027 OR current students enrolled in a graduate program, graduating between Winter 2026 – Spring 2027.
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.
