Commercial Banking Intern

Bankeasy; Roseville (MN); Hybrid; USD 29,000 - 37,000; Part time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k)/ESOP

Paid time off

Student loan repayment assistance

Tuition reimbursement

Volunteer service hours

Job summary

Bankeasy is seeking a Commercial Banking Intern to learn underwriting fundamentals for commercial loans in Roseville, MN (and Edina, MN). The role involves analyzing smaller credits, assisting with credit administration, and exposure to cash management and wealth services.

The internship emphasizes learning across banking products, data analysis, and risk assessment while supporting cross-functional teams. Competitive hourly pay and benefits accompany professional development opportunities.

Qualifications

• Three years of business-related coursework or equivalent.
• Detail oriented with excellent communication and customer service skills.
• Self-motivated and eager to learn all aspects of Commercial Banking.

Responsibilities

• Interview loan applicants and collect/analyze financial data to prepare proposals.
• Observe meetings with loan customers and describe loan types and products.
• Prepare underwriting information and assess credit worthiness and cash flow.

Skills

Business coursework

Education

Three years of business-related coursework

Job description

Commercial Banking Intern page is loaded## Commercial Banking Internlocations: Roseville, MN: Edina, MNtime type: Part timeposted on: Posted 4 Days Agojob requisition id: R-100827**Job Description:**As an intern, this person will learn the fundamentals of underwriting commercial/business loans. This person will engage in commercial banking basics by analyzing smaller commercial credits, along with credit administration. This position will include exposure to Business Solutions/Cash Management and Wealth Management Services.**Qualifications:** This person should have a minimum of three years of business-related classes in a higher learning setting or equivalent. Being detail oriented and having excellent communication and customer service skills are essential. This person should be self-motivated with an eagerness to learn all aspects of Commercial Banking.**Principal Responsibilities:*** Participate in interviewing loan applicants, collect, and analyze financial and related data to formulate proposals for existing and prospective clients.+ Observe meeting with loan customers+ List and describe various loan types and products+ Compile and prepare proper underwriting information+ Introduction to credit worthiness and cash flow by analyzing credit information and referring to policy and guidelines+ View loan servicing and closing* Assist with analyzing and risk rating credit lines requiring Loan Committee review. The analysis must be consistent with the findings of the appropriate regulatory agencies.* Gain knowledge of banking products and services. Develop and maintain effective working relationships throughout First Bank & Trust to promote cross-selling of products and services.* Utilize banking systems and observe how they integrate into business processes.* Gain skills related to professionalism, financial analysis, decision-making, customer service and communication.* Complete special projects as assigned.* Attend loan meetings as directed and participate in decisions that affect ongoing and future operations of the department.* Maintain confidentiality, integrity, and honesty, especially in dealing with customer information.* Act in accordance with FBT policies and procedures as set forth in the employee handbook.* Adhere to compliance procedures and participate in required compliance training and all meetings deemed appropriate by supervisor.The anticipated hourly range for this role is between $20.84 and $27.08. This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors, including the individual's relevant experience, training, skills, work location, and other considerations. For those in eligible roles, we offer incentive compensation based on individual performance. Furthermore, this role may qualify for a variety of benefits, such as Medical, Dental, and Vision insurance, Health Savings Accounts, 401(k)/ESOP, Paid Time Off, Flexible Work Arrangements, Paid Parental Leave and Student Loan Repayment Assistance. Learn more at .**Compensation Grade**Hourly Grade 3*First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete**. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email [e-mail].** Peace of mind when it comes to you and your family's well-being with generous health, dental, vision, and life insurance. Plus, optional access to additional life, disability, and other forms of insurance. 401(k) & ESOP Profit Sharing* Employees are owners. Receive a match of up to 7% of your contributions to your retirement account. Wellness Program* The Healthy Way Program incentivizes gym membership and hosts educational programs and challenges throughout the year.**Education*** Student loan repayment assistance program.* Tuition reimbursement.* A robust internal training program that goes beyond onboarding. We want you to continue learning. That's why we offer job shadowing, a mentorship program, and more. Volunteer Service Hours* Paid time to volunteer. Employees get 16 hours to take part in and donate their time to local charities.**In-house Childcare & Preschool*** Kid's World childcare and preschool in Brookings is available for the children and grandchildren of employees.**Our Culture:**We value our culture and work hard to keep it top of mind at all times. Employees rally around 9 core principles, creating a collaborative and enjoyable work experience for all. During the onboarding process, all new employees attend a culture camp, which is led by the CEO and the Chairman of the Board.**Work for us:**Our employees enjoy working together and treat eachother (and customers) like family. Check out our career opportunities, and join a company that cares about its people and community.We invest in our people:Our communities have contributed to the success of our business and our families. In turn, this allows us to contribute to the success of our communities. We have remained an independent community institution over the years and employ almost 700 people. Our employees are like family (they're also part owners). Not only is working for us rewarding, but you'll also be a part of a positive culture and company that gives back to the community.**Our Benefits:****Comprehensive Healthcare Benefits**