Banking Rotation Intern: Retail, Lending & Wealth

First Bank Trust; Sioux Falls (SD); On-site; USD 2,066,000 - 2,755,000; Full time

Job summary

First Bank & Trust in Sioux Falls, SD is offering an internship to learn careers in community banking through a rotation across Retail, Consumer, Business, Ag and Mortgage Lending. You will be exposed to Wealth Management, Credit Review, and Operations while developing professional customer service and financial analysis skills.

The program emphasizes on-site participation with mentorship from department leaders, and requires on-site employment.

Qualifications

• Minimum of one year of business-related coursework in higher education or equivalent.
• Excellent communication and customer service skills are essential.
• Role requires on-site employment.

Responsibilities

• Work closely with industry experts to identify and differentiate banking products and services.
• Observe and participate in the customer experience including identifying needs and recommending products.
• Learn Retail functions including processing customer transactions, cash handling, and cash drawer balancing.
• Shadow the lending process from start to finish and develop loan file knowledge.
• Observe meetings with loan customers.
• List and describe various loan types and products.
• Compile and prepare proper underwriting information.
• Analyze credit information and refer to policy & guidelines to assess credit worthiness.

Skills

Communication skills

Customer service

On-site work

Education

Business coursework (1 year)

Job description

First Bank & Trust in Sioux Falls, SD is offering an internship to learn careers in community banking through a rotation across Retail, Consumer, Business, Ag and Mortgage Lending. You will be exposed to Wealth Management, Credit Review, and Operations while developing professional customer service and financial analysis skills.

The program emphasizes on-site participation with mentorship from department leaders, and requires on-site employment.