Commercial Banking Credit Intern

About the Role

The Commercial Banking Credit Intern will provide assistance to the Bank’s Credit departments and have an opportunity to learn many different aspects of the Bank’s operations, with an opportunity for full-time employment after graduating.

Key Responsibilities

• Gathers information needed to underwrite loan packages by conducting customer interviews and requesting credit reports and financial statements on borrowers and guarantors of proposed requests; works to clear any outstanding exceptions.
• Spreads financial statements and conducts comprehensive analyses to determine the degree of risk involved and profitability of extending credit or lending money, such as cash flow, trend and industry analysis.
• Develops reports, creates new workbooks, or adds functionality to existing workbooks to ensure organizational data is presented in a meaningful and easy to understand format.
• Maintains physical and electronic credit files; retrieves documentation for audits, exams and assessments.
• Assists with project specific analysis such as analyzing current and prospective customers.
• Actively participates in and learn about the banks operations, policies, and procedures in Commercial Banking.
• Meets and interacts with each team and their respective team members. This includes Business Line Managers, Relationship Managers, Relationship Associates, Commercial Client Specialists, Portfolio Managers, Commercial Loan Operations, Credit Analyst(s), and Quality Assurance Analysts.
• Performs other job-related duties or special projects as assigned.

Requirements & Tech Stack

• Solid technology and internet skills, including intermediate proficiency in Microsoft Office (Word, Outlook, SharePoint, and Excel) and ability to navigate financial software applications.
• Ability to manage multiple responsibilities and projects in a fast-paced environment with competing priorities and deadlines.
• Strong analytical skills with the ability to interpret financial data and identify trends.
• Good attention to detail and concern for data accuracy.
• Excellent critical thinking and decision-making skills; demonstrated ability to make sound business judgments.
• Strong customer service and communication skills, including technical writing abilities.

Qualifications

• 1+ years’ experience or exposure working with analytical tools such as excel or similar required.
• 1+ years’ experience working in a group setting and/or on non-complex business projects involving advanced calculations or problem solving required.
• Must be enrolled in junior or senior year of college or university at the start of the internship.
• Actively working towards earning a bachelor’s degree in Accounting, Business, Finance, or Economics; with a minimum of 6 hours of accounting coursework required.

Work Status: Full-Time

Travel: 0% - Negligible amount of travel expected.

Supervisory Responsibility: None.

Work Conditions: Lifting no more than fifteen pounds, sitting most of the time, but may involve walking, moving, or standing for brief periods, and occasionally lifting and carrying articles like files, ledgers, folders, etc.