Commercial Lending Intern

About the Role

This is an 8-week summer internship program, from June 7th to August 5th, for Junior and Senior college-level students. The G.I.V.E Internship Program (Giving Interns Valuable Experience) offers insights into the banking industry, focusing on relationship building and work ethic.

Key Responsibilities

• Assist with screening loan prospects by modeling company financials, creating pricing models, and performing company due diligence.
• Assist the Commercial team with assimilating, filing, and distributing financial and collateral documentation to appropriate internal departments.
• Organize and maintain customer files to assist Relationship Banker/Manager's portfolio management.
• Maintain current knowledge of bank products and services; assist Relationship Banker/Manager with daily customer servicing.
• Provide ongoing support to commercial/business relationship managers for collateral and financial statement tracking and exception management.
• Prepare a mock loan presentation incorporating financial data and risk assessments based on commercial lending guidelines to demonstrate understanding of bank lending processes.
• Attend ribbon cuttings, ground breakings, and business meetings with a lender to gain appreciation for local communities.
• Participate in weekly meetings and educational sessions covering credit analysis, leadership, communication skills, and bank department operations.

Requirements & Tech Stack

• Microsoft Office Suite (Word, Excel, Outlook, PowerPoint)
• Strong written and verbal communication skills
• Effective interpersonal skills
• Proficient in time management, multitasking, and prioritizing projects
• General understanding of the banking industry
• Ability to work independently or with a team

Qualifications

• Junior or Senior college-level student
• Minimum cumulative 3.0 GPA
• Preferred Majors: Business Administration, Finance, Accounting