Eric Wang

Corporate Intern at First Citizens Bank | Economics | Equities & Derivatives | Long/Short Volatility

Role
Corporate Intern at First Citizens Bank
Location
Charlotte, NC, US
LinkedIn followers
500 followers
General Business & ManagementView LinkedIn profile

About Eric Wang

Hello, I\'m Eric Wang! As of Summer 2024, I am going into my 3rd year of college at Lafayette College. I am studying for a BA in Economics. I was accepted into Lafayette College mainly for my interest in the STEM fields, most notably Engineering. I\'m a pretty tech-savvy person as I love technology and finding solutions for different situations, which may involve business opportunities. I\'ve worked in some harsh environments but also some very comforting settings. At Perkiomen School, I developed my cryptocurrency and stock market algorithm within TradingView. I presented this algorithm as my Capstone Project for Graduation. I learned about the many other existing algorithms and indicators within both markets. Cryptocurrency is an emerging global platform, and it\'s fascinating to see how it\'ll continue to develop with the addition of regulation, which I believe will help with the development and integration of verification as time progresses. No matter the problem or situation, I will think and act on the spot to solve anything at hand. A great professor once said,\"Great minds, need caffeine at 3 in the afternoon.\"

Experience

  1. Corporate Intern

    First Citizens Bank

    May 2024 — Present · Charlotte, NC, US

    Worked on FCB C&I Credit Loss Estimation Validation- Compared results of model developer documentation for the probability of default (PD), loss given default (LGD), and exposure at default (EAD)- Created a comprehensive Process, Risk, and Control Matrix (PRCM) aimed at identifying, assessing, and mitigating risks - Organized relationships with existing Controls with guidance from the Federal Reserve (SR 11-7, SR 15-19, RoP) and internal Model Risk Management (MRM) Guidance- Quantified data analytics to establish Trend Analysis in 2024 FCB CRE for capital planning and stress testing- Contributed to team meetings with MRM & model developersAccountabilities including research, analytics, projects, strategy, process review, and improvementTo be assigned a project designed to improve a specific process or solve a proble,m to be presented at the close of the internship

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Eric Wang — Corporate Intern at First Citizens Bank in Charlotte, NC, US | Unifers