Commercial Lending Intern - OKC, Expressway

Prosperity Bank; Oklahoma City (OK); On-site; USD 21,000 - 30,000; Full time

Job summary

Prosperity Bank invites applicants to join its Summer 2027 8-week internship program with Central Oklahoma Lending and Credit teams in Oklahoma City. The intern will observe and review credit and financial reports to assess risks in lending, working closely with lenders, portfolio managers, and management.

Responsibilities include spreading and analyzing financial statements, assisting in underwriting loan packages, and supporting diligence for prospective and existing customers.

Qualifications

• Pursuing a Bachelor's degree in business-related fields.
• Experience with Microsoft Office, especially Excel and Word.
• Strong analytical and communication abilities required.

Responsibilities

• Spreading and analysis of commercial financial statements for loan customers.
• Assist in financial analysis and underwriting of loan packages with charts and narrative.
• Diligence for prospective and existing customers related to credit risk factors.
• Review loan presentation packages including structuring and collateral analysis.
• Shadowing opportunities and rotations across departments during the program.

Skills

Multitasking

Analytical skills

Verbal and written communication

Education

Pursuing Bachelor's Degree in Business Administration, Accounting, or Finance

Tools

Microsoft Office

Job description

Prosperity Bank is an Equal Opportunity Employer.

POSITION PURPOSE

Summer 2027 8-week Internship program with Central Oklahoma Lending and Credit teams to observe and to review credit and financial reports to determine risks involved in loaning money or extending credit. The intern will work closely with Central Oklahoma lenders, portfolio managers, and management as they assist in monitoring the existing loan portfolio and help in efforts for new client development.

Essential Functions And Basic Duties

• Spreading and analysis of commercial financial statements for prospective and existing loan customers.
• Assist in performing financial analysis and underwriting of loan packages, which includes preparing charts and narrative related to analysis of sources & uses, capitalization, historical and projected financial statements, financial covenants, stress testing, and collateral valuation.
• Assist in diligence for prospective and existing customers related to business descriptions, industry analysis, market analysis, and other general credit risk factor analysis.
• Reviewing loan request presentation packages including loan structuring, collateral analysis, guarantor analysis, and calculation of Global Debt Service Coverage.
• Obtain and analyze appropriate diligence materials for the evaluation of collateral value.
• Rotations through various departments as available.
• Shadowing opportunities as assigned.
• Final summer project based around a loan presentation.
• Other duties as assigned.

The above statements describe the general nature and level of work only. They are not an exhaustive list of all required responsibilities, duties, and skills. Other duties may be added, or this job description amended at any time.

SUPERVISORY RESPONSIBILITIES:

This role has no supervisory responsibilities.

Qualifications

Education/Certification:

Pursuing Bachelor’s Degree in Business Administration, Accounting, or Finance.

Required Knowledge:

Experience with Microsoft Office, especially Excel and Word.

Skills/Abilities

• Ability to work on multiple transactions simultaneously and prioritize assignments to meet deadlines.
• Strong analytical skills with an ability to interpret complex financial information and identify relevant risks.
• Strong verbal and written communications skills.

POSITION LOCATION

The primary position location will be the NW Expressway banking center in Oklahoma City. Applicants must be based in the OKC metro area. Housing or relocation costs will not be covered. Only the hotel, travel, and food costs of training in Dallas (should the program require it) will be covered.

PHYSICAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Especially where one must frequently convey detailed or important instructions or

Ideas accurately, loudly, or quickly.

Average Hearing

Able to hear average or normal conversations and receive ordinary information.

Repetitive Motion

Movements frequently and regularly required using the wrists, hands, and/or fingers.

Average Visual Abilities

Average, ordinary, visual acuity necessary to prepare or inspect documents or products, or operate machinery.

Physical Strength

Sedentary work; sitting most of the time. Exerts up to 10 lbs. of force occasionally. (Almost all office jobs.)

WORKING CONDITIONS

None

No hazardous or significantly unpleasant conditions (such as in a typical office).

MENTAL ACTIVITIES AND REQUIREMENTS OF THIS POSITION

Ability to deal with a variety of variables under only limited standardization.

Able to interpret various instructions.

Mathematics Ability

Ability to compute discount, interest, profit, and loss; commission markup and selling price; and ratio, proportion, and percentage.

Able to perform very simple algebra.

Language Ability

Ability to read a variety of books, magazines, instruction manuals, atlases, and encyclopedias.

Ability to prepare memos, reports, and essays using proper punctuation, spelling, and grammar.

Ability to communicate distinctly with appropriate pauses and emphasis, correct pronunciation (or sign equivalent), and variation in word order using present, perfect, and future tenses.

Monday - Friday: 8:00AM - 5:00PM

40 hours a week