Commercial Banking Internship: Credit & CRE Analysis

Sunwest Bank; Sandy (UT); On-site; USD 28,000 - 32,000; Full time

Benefits offered by this job

Bonus

Benefits

Job summary

Sunwest Bank in Sandy, UT is seeking a Summer Analyst Intern to support Commercial Relationship Managers in evaluating CRE and business loan opportunities and preparing financial analyses. The role involves analyzing tax returns, preparing cash flow statements, and supporting loan structuring to aid sound credit decisions.

You will collaborate with lending officers, credit administration, executives, and customers to identify needs, develop cross-sell opportunities, and monitor loan covenants

Qualifications

• Strong intermediate knowledge of accounting principles, tax return analysis, and financial statement analysis.
• Proficiency in MS Word and Excel for preparing analyses and reports.
• Familiarity with loan documentation and underwriting concepts.
• Ability to handle a high volume of work from multiple sources.

Responsibilities

• Support Commercial Relationship Managers in analyzing CRE and business lending opportunities.
• Maintain an assigned loan portfolio as a secondary Relationship Manager.
• Prepare financial statement spreads and debt service analyses from financials and tax returns.
• Develop credit authorizations and present analyses of borrowers.
• Identify customer needs and develop cross-sell opportunities.
• Refer lending opportunities to appropriate lending personnel.
• Obtain financial information from customers for underwriting purposes.
• Monitor borrower compliance with loan covenants.
• Prepare financial projections and maintain lending pipeline tracking logs.
• Research industry information relevant to borrowers and prospects.
• Consult with lending and credit administration on structure, pricing, collateral, and risk.
• Conduct trade and reference checks.
• Review documentation for compliance with bank policies.
• Support special projects assigned by management.
• Ensure compliance with regulations including BSA, AML, CRA, OFAC, Fair Lending, GLBA.

Skills

Accounting principles

Tax return analysis

Balance sheet analysis

Income statement analysis

Cash flow analysis

Financial interpretation

MS Word

MS Excel

Loan documentation

Workload management

Job description

Sunwest Bank in Sandy, UT is seeking a Summer Analyst Intern to support Commercial Relationship Managers in evaluating CRE and business loan opportunities and preparing financial analyses. The role involves analyzing tax returns, preparing cash flow statements, and supporting loan structuring to aid sound credit decisions.

You will collaborate with lending officers, credit administration, executives, and customers to identify needs, develop cross-sell opportunities, and monitor loan covenants