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Associate Development Program - Startup Banking Pre-Commit

First Citizens Bank

First Citizens Bank

Associate Development Program - Startup Banking Pre-Commit

Newton, MA +2 locations
Full Time
Paid
  • Responsibilities

    BE PART OF A BANK LIKE NO OTHER.

    When you work with the world's most innovative companies, you know you're making a difference.

    Our clients are the game changers, leaders and investors who fuel the global innovation economy. They're the businesses behind the next medical breakthroughs. And the visionaries whose new technologies could transform the way people live and work.

    They come to SVB for our expertise, deep network and nearly forty years of experience in the industries we serve, and to partner with diverse teams of passionate, enterprising SVBers, dedicated to an inclusive approach to helping them grow and succeed at every stage of their business.

    Join us at SVB and be part of bringing our clients' world-changing ideas to life. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

    Job Description

    For more than 35 years, SVB has helped innovators and their investors move bold ideas forward fast. Today, we provide a range of banking services to companies of all sizes in innovation centers around the world. At SVB, we have the opportunity to grow and collectively make an impact by supporting the innovative clients and communities SVB serves. We pride ourselves in having both a diverse client roster and an equally diverse and inclusive organization. And we work diligently to encourage all with different ways of thinking, different ways of working, and especially those traditionally underrepresented in technology and financial services, to apply.

    Established in 2012 with locations in Boston, MA and Palo Alto, CA, the Associate Development Program hires entry-level associates in January and July to embark on a 15-22-month development program that couples heavy technical training with real life experience supporting various teams, markets, and geographies.

    Start up Banking ADP Associates will be hired to fill entry level positions within Startup Banking with the 1st 14 months being embedded in the Associate Development Program where they experience foundational training while supporting various Startup Banking teams and clients. Within SVB, Startup Banking (SUB) is focused on engaging and building deep, authentic client relationships with early-stage founders, clients, prospects, and partners across the innovation ecosystem. This includes accelerators and incubators, law firms, accounting and temp CFO firms, universities, and industry groups, along with seed and early-stage VC investors.

    Associates will..

    • Attend and participate in the training curriculum
    • Following training, you will be imbedded with SVB’s Startup Banking business unit to receive hands-on training in areas such as portfolio risk monitoring, venture debt, and client relationship management
    • Collaborate with client-facing teams to complete work, develop skills to take on additional responsibilities and hone interests in sectors you can join once the program has been complete
    • Assist in managing all aspects of teams’ client portfolios
    • Engage in significant 1:1 mentorship every step of the way will help you develop the technical and soft skills for a successful career
  • Qualifications

    We hire associates from diverse backgrounds, experiences, and skill sets. Whether you're a new college graduate or you have a few years of post-grad professional experience under your belt, our program is the perfect launching pad into the innovation economy. We accept candidates from all majors who have demonstrated a level of interest and basic knowledge in the world of finance (i.e., classes you've taken, internships and part-time jobs, etc.). We also look for candidates who have a strong base of technical ability coupled with the soft skills needed in order to collaborate and work with various teams both during and after ADP. 

    • You're interested in leveraging your experience in the program to explore further career opportunities at SVB  
    • Deep passion for startups and the broader innovation economy with a strong sense of empathy for the founder journey
    • Write well, speak powerfully and can explain complex situations with ease  
    • You're a team player who can lead as well as work independently  
    • Ready to relocate to one of our 30+ US office locations upon successful completion of the program
  • Desired skills

    Bachelor Degree or equivalent (GPA of 3.4 or higher preferred)

  • Industry
    Financial Services
  • Locations
    San Francisco, CA • Newton, MA • New York, NY
  • About Us

    Together, First Citizens and Silicon Valley Bank offer you the strength and stability of a diversified financial institution with over 125 years of service and the personalized approach of a nimble financial partner. First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts.