F

First Citizens BancShares

Full-service bank offering loans and investments

Portfolio Management Support Business Analyst 3 - Global Fund Banking

Full-TimeUpdated on 10/23/2026Deadline 9/22/27
No salary listed
Junior
Bachelor's
Phoenix, AZ, USA
HybridHybrid role in Phoenix; candidates must live within commuting distance of the office.
Business & StrategyBusiness Analysis

About the job

Requirements
  • A bachelor's degree and two years of professional experience in business analysis, operations, reporting, or process automation within banking or financial services, or a high school diploma/GED and six years of related experience.
  • Business analytical skills.
  • Critical thinking skills.
  • Data analysis.
Responsibilities
  • Design, develop, and maintain reporting solutions, dashboards, and automated workflows using Microsoft Power Platform tools, including Power BI and Power Automate.
  • Partner with Portfolio Management, Credit, Operations, and Technology teams to identify process improvements, streamline manual activities, improve data quality, and deliver insights through reporting and analytics.
  • Support month-end and quarter-end activities, execute risk management controls, ensure borrower compliance requirements are met, track and review borrower financial reporting, process loan maintenance activities, coordinate approvals for loan advances, and interact directly with clients regarding portfolio servicing needs as business needs dictate.
  • Analyze business processes, document requirements, manage reporting inventories, support system implementations and enhancements, conduct data validation and quality assurance, maintain procedural documentation, assist with ad hoc projects, participate in queue management activities, and serve as a subject matter expert for portfolio management reporting and automation solutions.
  • Interact regularly with Global Fund Banking teams, bank business partners, clients, and senior leadership.
Desired Qualifications
  • Experience developing and maintaining reporting, dashboards, and analytics solutions using Microsoft Power BI.
  • Experience building workflow automations and process improvement solutions using Microsoft Power Automate and other Microsoft Power Platform tools.
  • Experience working with large datasets, data modeling, data transformation, and reporting automation.
  • Strong understanding of banking operations, commercial lending, portfolio management, or credit administration processes.
  • Ability to identify operational inefficiencies and recommend scalable automation and reporting solutions.
  • Experience gathering business requirements, documenting processes, and managing projects from concept through implementation.
  • Proficiency with Microsoft Office applications, advanced Excel skills, and experience using SharePoint Online for collaboration and information management.
  • Strong analytical and problem-solving skills and ability to translate business needs into actionable technical solutions.
  • Ability to balance operational responsibilities with strategic projects in a fast-paced environment.
  • Strong organizational skills, attention to detail, and ability to manage multiple priorities simultaneously.
  • Excellent written and verbal communication skills to engage business partners, leadership, and clients effectively.
  • Experience creating and maintaining process documentation, training materials, and procedural guides.
  • Ability to work independently while collaborating effectively across functions.
  • Strong critical thinking skills and a proactive approach to identifying opportunities for improvement.
  • Adaptability and flexibility to provide direct Portfolio Management Analyst support during high-volume periods, including month-end and quarter-end processing.

About the company

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First Citizens BancShares

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First Citizens BancShares operates First Citizens Bank, offering a full range of financial services for individuals and businesses. Its products include checking and savings accounts, credit cards, mortgages and auto loans, personal loans, online and mobile banking, wealth management and investment services, insurance, and small business banking. The core product set is accessed via online and mobile platforms, branch networks, and ATM access, with features like online statements, bill pay, direct deposit, and rewards programs. The bank positions itself through a broad suite of banking and financial services tailored to different customer segments such as personal, business, and wealth customers, emphasizing integrated banking experience and customer support. Overall, the goal is to help customers manage money, borrow for major needs (homes, vehicles, education), invest for future goals, and protect their financial security through a range of financial products and advisory services.

Company Size

10,001+

Company Stage

IPO

Headquarters

Raleigh, North Carolina

Founded

1898

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Simplify's Take

What believers are saying

  • Second-quarter 2026 net income rose to $672 million, up from $534 million.
  • Management repurchased $600 million of stock in July 2026, signaling capital confidence.
  • The BMO acquisition added roughly $5 billion in deposits and $650 million in loans.

What critics are saying

  • The $300 million Series F preferred adds a fixed dividend burden until 2031.
  • The BMO branch conversion exposes First Citizens to integration risk across 138 locations.
  • A persistent securities-fraud investigation following January 2026 results threatens management credibility.

What makes First Citizens BancShares unique

  • First Citizens Bank now spans 600+ branches after the September 2026 BMO deal.
  • It combines commercial banking, equipment finance, wealth, insurance, and mortgage products.
  • Management keeps buying deposits and loans while maintaining strong capital and liquidity.

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Benefits

  • Hybrid Work Options

Company News

Yahoo Finance
Oct 24th, 2026
First Citizens BancShares jumps 8.6% on Q3 beat and $1.2B buyback

First Citizens BancShares shares jumped 8.6% in afternoon trading after the regional bank beat Wall Street expectations for third-quarter 2026 and authorised a share buyback of up to $1.2 billion. Revenue rose 8% to $2.43 billion, against consensus of $2.23 billion. Adjusted earnings were $55.37 a share, up from $44.62 a year earlier and above the $45.98 forecast. Loans grew 4.1% to $157.2 billion, and deposits rose 6.8% to $185.3 billion. About $4.9 billion of deposits came with 138 branches acquired from BMO on September 4. The buyback runs through 2027, on top of $711 million left under the prior plan. Credit costs rose, with a provision of $55 million after a $10 million benefit last quarter. The stock hit a 52-week high of $2,378.

PR Newswire
Oct 23rd, 2026
First Citizens posts $606M Q3 profit, approves new $1.2B share buyback

First Citizens BancShares reported third-quarter 2026 net income of $606 million, down from $672 million in the previous quarter. Net income available to common stockholders was $577 million, or $51.23 per share. The bank's board approved a new plan to repurchase up to $1.2 billion of Class A common shares through 2027. In the quarter, it returned $600 million to stockholders through buybacks and repaid another $8.0 billion of its Purchase Money Note. On September 4, 2026, First Citizens Bank completed its acquisition of 138 BMO Bank branches, assuming about $4.9 billion in deposits and acquiring about $650 million in loans. Loans rose 4.1% to $157.19 billion, and deposits rose 6.8% to $185.26 billion. Net interest income grew $43 million to $1.70 billion.

Finopotamus
Oct 19th, 2026
First Citizens Bank to collaborate with NCR Atleos to provide ATM access at Target stores nationwide.

First Citizens Bank to collaborate with NCR Atleos to provide ATM access at Target stores nationwide. 2 hours ago RALEIGH, N.C. - First Citizens Bank today announced an agreement with NCR Atleos to provide clients with surcharge-free access to ATMs at more than 2,000 Target stores. The nationwide rollout provides First Citizens' customers with a flexible, convenient, and secure way to access everyday banking at participating Target locations. First Citizens Bank customers may use their debit card at ATMs in Target locations to access essential banking services, including withdrawing cash, checking account balances, and transferring funds between eligible linked accounts, without paying a surcharge fee at participating locations. "Supporting our customers' long-term financial well-being is at the heart of what we do, and that commitment guides how we make banking services accessible," said Michael Wilson, Head of Wealth and Consumer Banking at First Citizens Bank. "The consumer banking experience needs to meet customers where they are through multiple channels, whether in-person or digitally enabled. Having in-store accessibility is a practical extension of the convenience and service our customers expect from First Citizens." With this addition, First Citizens customers now have surcharge-free access to more than 2,000 ATMs and at branch locations nationwide. The expanded network is the latest in a series of investments in the client experience, reflecting the same client-centered, relationship-driven approach First Citizens has brought to banking for generations. About First Citizens Bank First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services with branches and offices nationwide; commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast; innovation banking serving businesses at every stage; and a nationwide direct bank. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $230 billion in assets and a member of the Fortune 500(TM). Discover more at firstcitizens.com. About NCR Atleos NCR Atleos (NYSE: NATL) is a leader in expanding self-service financial access, with industry-leading ATM expertise and experience, unrivaled operational scale including the largest independently-owned ATM network, always-on global services and constant innovation. Atleos improves operational efficiency for financial institutions, drives footfall for retailers and enables digital-first financial self-service experiences for consumers. NCR Atleos is ranked #12 in Newsweek's prestigious 2025 Top 100 Global Most Loved Workplaces(R) list. NCR Atleos is headquartered in Atlanta, Ga., with approximately 20,000 employees globally. For more information, visit www.ncratleos.com.

ABF Journal
Oct 12th, 2026
Legacy Corporate Lending names Masci chief risk officer.

Legacy Corporate Lending names Masci chief risk officer. Anthony Masci will work closely with the CEO, Clark Griffith, and chief investment officer, Paul Martin, in expanding the credit function, strengthening underwriting and portfolio management, while also contributing to the firm's growth initiatives. Legacy Corporate Lending, a specialty asset-based lender, appointed Anthony Masci as chief risk officer. Based in New York, Masci joins Legacy's executive management team as the firm continues to grow its diversified ABL platform. He will work closely with the CEO, Clark Griffith, and chief investment officer, Paul Martin, in expanding the credit function, strengthening underwriting and portfolio management, while also contributing to the firm's growth initiatives. Masci brings more than 20 years of experience across asset-based lending, middle-market finance, specialty finance, trade finance and structured lending. Most recently, Masci served as the chief credit officer of working capital finance at First Citizens Bank (formerly CIT Group), where he led credit strategy, underwriting and portfolio management for an approximately $8 billion commercial lending platform. He oversaw a team of 75 professionals, with responsibility for complex middle-market and sponsor-backed transactions across a broad range of industries. Prior to becoming chief credit officer, Masci spent 14 years at CIT Group as director and co-head of underwriting and portfolio management for its commercial and industrial and asset-based lending platform. He began his career in the global fixed income group at Bank of New York Mellon. He holds an MBA with concentrations in finance, financial instruments and markets, and economics from New York University's Stern School of Business and a BSBA in finance from Boston University's School of Management. "Anthony's depth of credit leadership across asset-based and middle-market lending makes him an ideal addition to our Executive Management Team," Griffith said. "I look forward to working closely with Anthony as Legacy enters its next stage of growth and moves up-market into larger loan transactions." Masci added, "In just a few years, Legacy has established an impressive track record of delivering flexible financing solutions to service its borrowers and has built a scalable platform that is ready to grow. I look forward to working with Clark, Paul and the team to continue expanding the business to serve the middle-market asset-based lending market."

AiThority
Oct 9th, 2026
Stord secures $400 million credit facility led by Citi to scale its network, robotics, and AI investment, expands leadership team.

Stord secures $400 million credit facility led by Citi to scale its network, robotics, and AI investment, expands leadership team. Oversubscribed at nearly double the company's original target and joined by Morgan Stanley, JPMorgan, and others. The financing arrives alongside two executive appointments: Bill Zerella as Chief Financial Officer and Mark Wayland as Chief Revenue Officer. Stord, the physical intelligence layer for independent commerce, announced a $400 million credit facility led by Citi and joined by Morgan Stanley and JPMorgan, alongside First Citizens, Citizens, and KeyBank. The company saw significant demand, closing the facility oversubscribed at nearly double the amount Stord originally went to market seeking. The facility, combined with Stord's $250M Series F at a $3B valuation earlier in 2026, gives Stord substantial liquidity and financial flexibility as the company continues to grow, launch, and expand rapidly. This capital will fund Stord's rapid expansion of its fulfillment network, accelerate the automation and robotics work underway at Stord Labs, and deepen the commerce software and AI that brands rely on to grow revenue, reduce costs, and delight their consumers. A key investment behind Stord's Series F and credit facility is Stord Labs, the company's physical intelligence lab at its Atlanta headquarters, which tests, develops, and deploys agentic robotics and AI across the Stord network on a single unified stack. That same team embeds forward deployed engineers directly inside Stord's own operations and its customers' businesses, and the results are already showing up in speed and accuracy across the network. With this new capital, Stord will further accelerate its investment in AI and automation across the network. Oct 9, 2026 Prev Next 1 of 43,826 The financing is announced alongside two executive appointments. Bill Zerella joins as Chief Financial Officer. Zerella has led finance at three public companies, all of which he brought to the public equity markets, including Fitbit's IPO in 2015, where the company grew from roughly $300 million to more than $2 billion in revenue and reached a market capitalization of approximately $12 billion. He most recently served as Chief Financial Officer at ACV Auctions (NYSE: ACVA), a $1 billion-plus business combining software, fintech, marketplace sales, and vehicle logistics. He understands brands the way Stord's customers do, and he has spent his career building finance inside complex, physical AI businesses like Stord's own. Mark Wayland joins as Chief Revenue Officer. Wayland brings more than three decades of enterprise sales and revenue leadership, most recently as Chief Revenue Officer at Box (NYSE: BOX). Before Box, he was Chief Revenue Officer at Tanium and spent more than a decade at Salesforce, rising to Senior Vice President of the Marketing Cloud. He has built global and enterprise sales organizations at public software companies throughout his career. Stord is approaching $1 billion in revenue run-rate, has grown 10x over the past four years, and has secured $650 million in equity and credit capacity just in 2026 alone. "Stord is transforming commerce. Our industry-leading scale, fulfillment infrastructure, commerce technology, and applied AI and robotics have rapidly separated Stord as the leader. This facility, combined with our $250 million Series F, gives us the balance sheet to match the scale, potential, and impact of what we're building. We will use this capital to expand our fulfillment network, accelerate our deployment of robotics, and invest aggressively in AI through Stord Labs. The banks in this facility, and the leaders joining us in Bill and Mark, are both a vote of confidence in the foundation we've created at Stord, as well as a signal of where we are headed," said Sean Henry, CEO and Co-Founder of Stord. [To share your insights with AiThority, please write to [email protected]]