Commerical Banking Internship

Sunwest Bank; Irvine (CA); Presencial; USD 28.000 - 32.000; Jornada completa

Ventajas ofrecidas por este puesto de trabajo

Bonus

Benefits

Descripción de la vacante

Sunwest Bank invites applications for a Summer Analyst Internship supporting Commercial Relationship Managers in developing and analyzing commercial real estate and business loan opportunities. The role involves preparing financial analyses, evaluating creditworthiness, assisting with loan structuring, and helping manage lending relationships with customers and staff.

Responsibilities include analyzing CRE and business lending opportunities, maintaining loan portfolios, preparing financial

Formación

• Strong knowledge of accounting principles and financial statement analysis.
• Ability to interpret financial statements and cash flow analyses.
• Experience with tax return analysis and credit considerations.

Responsabilidades

• 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.
• Develop credit authorizations and present analyses of borrowers.
• Identify customer needs and develop cross-sell opportunities.
• Refer lending opportunities to appropriate lending staff.
• Obtain financial information from customers for underwriting purposes.
• Monitor borrower compliance with loan covenants.
• Prepare financial projections and track lending pipeline.

Conocimientos

Accounting principles

Credit analysis

Financial statement analysis

Cash flow analysis

Tax return analysis

Herramientas

Microsoft Word

Microsoft Excel

Descripción del empleo

The summer Analyst Internship provides direct support to Commercial Relationship Managers in the development and analysis of commercial real estate and business loan opportunities. This role is responsible for preparing comprehensive financial analyses, evaluating creditworthiness, assisting with loan structuring, and supporting the management of commercial lending relationships. The position works closely with lending officers, credit administration, executive leadership, and customers to facilitate sound credit decisions

What You’ll Do

• Support Commercial Relationship Managers in analyzing commercial real estate and business lending opportunities.
• Maintain an assigned loan portfolio as a secondary Relationship Manager.
• Prepare accurate financial statement spreads and debt service analyses using business and personal financial statements and tax returns.
• Develop credit authorizations and present thorough analyses of existing and prospective borrowers.
• Identify customer needs and develop cross-sell opportunities.
• Refer lending opportunities to appropriate lending personnel.
• Independently obtain financial information from customers and prospects for analysis and 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 personnel regarding credit structure, pricing, collateral, and risk considerations.
• Conduct trade and reference checks.
• Review documentation for compliance with bank policies and procedures.

Support special projects assigned by management.

• Ensure compliance with all applicable regulations, including BSA, AML, CRA, OFAC, Fair Lending, GLBA, and related banking regulations.
• Participate in business development and telemarketing activities.
• Perform additional duties as assigned.

What We’re Looking For

• Strong intermediate knowledge of accounting principles, tax return analysis, balance sheet analysis, income statement analysis, cash flow analysis, and financial interpretation.
• Strong working knowledge of Microsoft Word and Excel.
• Intermediate knowledge of loan documentation.
• Ability to manage a high volume of work from multiple sources.

(Nice to Have)

• Financial statement spreading and credit analysis experience.
• Banking industry knowledge and regulatory awareness.

Why You’ll Love Working Here

• Team Culture
• Benefits or Perks

Compensation

$20.00-23.00/hour + Bonus +Benefits

Physical Demands:

In general, the following physical demands are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to allow differently abled individuals to perform the essential functions of the job.

Sedentary: Limited activity, no lifting, limited walking

Moderate: Mostly standing, walking, bending, frequent lifting

Light: Office work, some lifting, bending, stooping or kneeling, walking

Arduous: Heavy lifting, bending, crawling, climbing

The Fine Print

This job description reflects the general nature of the role and may change as business needs evolve. We are an equal opportunity employer. Sunwest Bank works with staff members and customers without regard to race, ancestry, national origin, sex, marital status, age, religion, medical condition, handicap, disability or veteran status and to assist the Bank in maintaining its Affinity Action Program.

Compliance with Bank Secrecy Act laws and regulations is considered an extremely serious matter, and it is intended that Sunwest Bank, through the purposeful efforts of its employees and officers, are expected to make every resolute attempt to conform to its Bank Secrecy Act Program and Procedures. Failure to comply will be reflected in their performance review as well as in any bonus compensation programs in which they may participate.

Attend and complete all required classroom, computer-based, web-based and seminar training. It is the individual responsibility of every employee to maintain a current awareness and understanding of and to fully comply with Sunwest Bank’s “Code of Ethics and Conduct.” Each employee is also expected to maintain an awareness of the laws, regulations, internal policies and procedures that are appropriate for his/her position.

Note: The preceding job description has been designed to indicate the general nature and level and work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. All job descriptions can be amended without notice as warranted by business necessity.

Federal Deposit Insurance Act This position is subject to Section 19 of the Federal Deposit Insurance Act. As such, an employment offer for this position is contingent on Sunwest Bank’s review of criminal conviction history, including pretrial diversions or program entries.