Credit Analyst Intern- Summer

recruitment page; Birmingham (AL); On-site; USD 25,000 - 30,000; Full time

Job summary

ServisFirst in Birmingham, AL is seeking a Credit Analyst Intern to help assess borrower creditworthiness using financial statements, tax returns and market data. You will support underwriting, prepare appraisals and assist in setting loan terms under supervision.

Ideal candidates are undergrad finance/ Accounting majors with strong communication, detail orientation and proficiency in Excel and Outlook. This internship offers hands-on experience in credit analytics within a regulated banking

Qualifications

• Undergrad student in Finance, Accounting, Economics, or related field.
• Strong written and verbal communication.
• Experience with Outlook, Word and Excel.
• Detail-oriented with data-analysis skills.
• Organized, able to multi-task and work independently.

Responsibilities

• Update electronic credit files by imaging loan documents.
• Conduct financial analysis and underwriting for new loans.
• Request financial information from Loan Officers.
• Assess strength/weakness of client credit for loan terms.
• Run reports on maturities and loan activity.
• Compile monthly reports on past due and maturing loans.
• Follow applicable compliance regulations.

Skills

Excellent communication

Attention to detail

Organizational skills

Multi-tasking

Independent work

Education

Finance/Accounting undergrad

Tools

Microsoft Outlook

Microsoft Word

Microsoft Excel

Job description

At ServisFirst, Our Name is Our Mission.

DUTIES AND RESPONSIBILITIES

The Credit Analyst Intern is responsible for determining the creditworthiness of potential clients based on financial statements, borrowing history and market conditions. The analyst uses tools such as financial models, credit reports and key ratios to prepare appraisals which are provided for purposes of loan review and approval, as well as to determine terms of the loan.

The incumbent will:

• Assist in updating electronic credit files by imaging related loan and financial documents
• Assist in conducting financial analysis and underwriting of credit for new loan requests and loan maturities
• Contact Loan Officers to request necessary financial information for analysis such as balance sheets, tax returns and financial statements
• Assist in determining the strength and/or weakness of the client’s credit to determine the terms of the loan
• Run reports that show past or current maturities and request necessary information
• Generate and compile various monthly reports including but not limited to past due loans, maturing loans, collateral exception reports, outstanding appraisal fees, loan type summaries and internal credit administration auditing
• Responsible for being familiar with all compliance regulations and policies that are applicable to this position and follow and ensure compliance with these regulations and policies

Note: Reasonable accommodation may be made to enable otherwise qualified associates/applicants with disabilities to perform the essential functions of the job.

Note: Additional duties and responsibilities may be assigned

MINIMUM QUALIFICATIONS

• Undergraduate student majoring in Finance, Accounting, Economics or a related field
• Excellent written and verbal communication skills
• Experience using Microsoft Outlook, Word and Excel
• Experience in a position requiring attention to detail and data analysis
• Excellent organizational skills and ability to multi-task
• Ability to work independently with little supervision

PHYSICAL REQUIREMENTS AND ENVIRONMENTAL CONDITIONS

• Sustained standing and sitting
• Frequent use of PC, including typing or sustained attention to monitor
• Occasional lifting of basic office files or equipment up to 20 lbs
• Normal office environment with comfortable internal temperatures and low level noise

EOE/AA