Truist Technology and Innovation Internship Overview

Truist Financial Corporation offers a comprehensive internship program designed to provide students and graduates with real-world experience in the financial services industry. This article provides an overview of the Truist Technology and Innovation Internship, including its structure, benefits, and requirements.

Introduction to Truist

Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. As a top-10 commercial bank, Truist has leading market share in many of the high-growth markets across the country. Headquartered in Charlotte, North Carolina, Truist has total assets of $520 billion as of June 30, 2024. Truist offers a wide range of products and services through its wholesale and consumer businesses, including consumer and small business banking, commercial banking, corporate and investment banking, wealth management, payments, and specialized lending businesses.

The Truist Internship Program: An Overview

Truist's internship programs are designed to invest in individuals who are early in their careers. The programs focus on providing a worry-free work environment, allowing interns to focus on bringing their best. Truist equips interns with modern mindsets and habits to make an impact early, fostering a brave and supportive space for everyone to push beyond the expected. The company celebrates the differences that bring its team together and provides connectivity and exposure to the mindsets of leaders across the organization.

Program Structure

The Credit Internship is a structured, comprehensive program that includes a Truist Summer Internship core curriculum and multiple Line of Business track options. This provides interns with an opportunity to gain an in-depth understanding of the day-to-day responsibilities of the specific line of business track and track curriculum. The broad-based internship program incorporates education, exposure, and experience in the core and track curriculum.

Teammates will focus on:

Read also: Comprehensive Internship Guide

Truist Acumen
Leadership Skills
Financial Services Acumen
Innovation & Technology
Risk Governance and Assurance
Professional Skills

The program interweaves three dimensions of development throughout the internship:

Education: Training and learning in large groups, small group/peer interaction, and self-study components.
Exposure: Opportunity to interact with Executive Leaders throughout the program, as well as exposure to other senior leaders, lines of business, industry specialists, training experts, and other Truist interns.
Experience: Day-to-day work in the specific track to provide an opportunity for meaningful learning experiences with business impact.

What to Expect

As a Truist intern, you will play a meaningful role in supporting internal business partners and external clients. You will also expand your leadership and collaborative team skills, credit and risk acumen, and industry and technical knowledge. Individuals hired into the program will relocate throughout the Truist footprint, based on the specific track internship. The location will be included in the offer letter. Training could be a hybrid approach to learning and may include remote and in-person learning. While some of the training will be conducted virtually, you will be expected to be in person for your internship experience.

Essential Duties and Responsibilities

The essential functions for this job include:

Learning a wide range of concepts, programs, and services designed to prepare for an assignment in any of the enterprise’s business lines.
Developing and enhancing analytical and decision-making skills, effective communication skills, and leadership skills.
Performing special projects or assignments outside of the formalized training program, as may be assigned.
Embracing and modeling Truist Purpose, Mission, and Values.
Completing any additional training as recommended by the manager, either during or after the program.
Participating in business rotations, working on projects and other business-as-usual activities that allows for the practical application of concepts and behaviors referenced in training and demonstrate results in line with rotational leads’ expectations.

Benefits of the Truist Internship Program

Truist offers numerous benefits to its interns, including:

Real-world experience: Interns gain practical experience in the financial services industry, working on meaningful projects and supporting internal and external clients.
Skill development: The program focuses on developing technical skills and modern mindsets and habits, preparing interns for future careers.
Networking opportunities: Interns have the opportunity to interact with executive leaders, senior leaders, industry specialists, and other Truist interns.
Personal and professional growth: Truist is dedicated to ensuring that everyone that goes through its internship programs develops and grows personally, professionally, and has a lot of fun.
A supportive community: Truist fosters a brave and supportive space for everyone to push beyond the expected and celebrates the differences that bring its team together.

Who Truist Looks For

Truist seeks candidates who meet the following requirements:

Read also: Educational Initiatives at Truist

Working towards a Bachelor’s Degree or Master’s Degree (business-related concentrations, along with accounting and/or finance coursework are desired).
3. 0 + GPA preferred
Excellent interpersonal and communication skills
Strong initiative
Demonstrated leadership through on-campus involvement and/or work experience
Enthusiasm for a career in financial services
General knowledge of the financial services industry
Willingness to travel for on-the-job training
Ability to relocate to the internship opportunity for the program
Proficient in Excel and PowerPoint

General Benefits for Eligible Employees

All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays.

Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan.

How to Apply

Truist actively recruits top student and graduate talent for their Early Career Internships and Full-Time Leadership Development Programs. When applying, be sure to select "HBCU CONNECT" as your source so Truist knows you learned about these opportunities through their community. To apply for the Truist Technology and Innovation Internship, visit the Truist careers website and search for internship opportunities. The application process typically involves submitting a resume, cover letter, and transcripts.

Truist's Commitment to Diversity and Inclusion

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug-Free Workplace.

Phenom Internship Program

In addition to Truist's internship program, Phenom also offers an internship program focused on building the next generation of Talent Relationship Marketing Platform. By joining Phenom, interns will get a positive learning environment, grow their skills, and gain experience. Everyone is open to sharing and collaborating at Phenom. You'll be surrounded by people who care deeply about the work they do. Growth happens when we experiment, take risks, get out of our comfort zone, and learn new skills. The Phenom internship program will prepare you with the skills and experience to make an impact.

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