Commercial Lending Intern

About the Role

This is an 8-week summer internship for junior and senior college-level students, part of the G.I.V.E Internship Program (Giving Interns Valuable Experience). The program aims to provide interns with valuable insight into the banking industry through daily business interactions, emphasizing 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 after loans are closed.
• Organize and maintain customer files to support 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 to demonstrate understanding of bank lending processes, incorporating financial data and risk assessments based on commercial lending guidelines.
• Attend locally scheduled ribbon cuttings, ground breakings, and business meetings with a lender to appreciate the local communities served.
• Participate in weekly meetings and educational sessions (in person and via Zoom) covering credit analysis, leadership, communication skills, and bank department operations.

Requirements & Tech Stack

• Proficiency in Microsoft Office (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
• Able to work independently or with a team
• Must have at minimum cumulative 3.0 GPA

Preferred Major

• Business Administration
• Finance
• Accounting

Work Environment

• Operates in a professional banking environment.
• Routinely uses standard office equipment and digital tools such as secure financial systems, computers, phones, photocopiers, and scanners.
• Requires maintaining a high level of professionalism, confidentiality, and attention to detail.
• Dynamic, relationship-driven environment focused on providing exceptional financial solutions and service.
• Typically performed in a corporate office or banking center setting.
• Moderate noise level.
• Dynamic, collaborative, and inclusive workplace.
• Frequent direct contact with clients and team members.
• Typically requires travel.