Intern - Credit

Wheatland Bank; Pasco (WA); On-site; USD 22,000 - 29,000; Full time

Job summary

Wheatland Bank invites a Credit Analyst Intern to join the Commercial Lending team for a hands-on experience. You will research, collect and analyze financial statements, help prepare commercial credit authorizations, and assist in loan portfolio management under senior guidance.

This 3-month internship offers exposure to small-to-medium business lending, with a pay rate of $18.50 per hour for 10–15 hours weekly, and interaction with bank leadership and credit support staff.

Qualifications

• Must be a current, full-time student.
• Pursuing Accounting, Finance, Business/Economics or related degree.
• Minimum age of 18 years.

Responsibilities

• Assist with reviewing loan documentation to ensure all necessary documents are provided and accurate.
• Analyze financial statements and tax returns to develop questions and comments on borrower data.
• Learn to utilize credit analysis software and Excel modeling to underwrite commercial loans.
• Assist with collateral valuation and real estate evaluations, appraisals, and market research.

Skills

MS Office

Excel

Education

Currently pursuing Accounting/Finance/Business or related degree

Tools

Credit analysis software

Job description

About The Role

POSITION SUMMARY: This 3 month internship position will allow for a hands‑on experience with the Wheatland Bank Commercial Lending team. The position will allow an individual to gain an understanding of small‑to‑medium sized business and assist with their commercial lending needs. As a Credit Analyst Intern, you will interact with senior bankers, credit support personnel and bank leadership. Your efforts will contribute towards projects and assignments that will expose you to industry expertise. You will research, collect and analyze financial statements, help prepare commercial credit authorizations, and assist the department in loan portfolio management functions.

The pay for this position is $18.50/hour, 10-15 hours per week.

Principal Responsibilities and Duties

• Assists with reviewing loan documentation to ensure all necessary documents are provided and accurate.
• Analyze financial statements and tax returns to develop and convey questions and comments pertaining to financial trends and relevant borrower and industry data.
• Will learn how to utilize credit analysis software and Excel modeling to analyze and underwrite commercial loans.
• Analyze and research the value of collateral securing loans including ordering of appraisals and appraisal reviews, assisting with real estate evaluations, conducting outside collateral inspections, and conducting market research as needed.
• Supports Portfolio Managers and Relationship Managers in related portfolio management activities.
• Maintain service level expectations as defined by the bank. Models and fosters behaviors that support the Bank's values and corporate culture.
• Performs related duties as assigned.
• Comply with Bank policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control.

Additional Responsibilities

• Adhere to Wheatland Bank Core Values
• Keep management informed of area activities and any significant problems
• Provide exceptional customer service to all customers, both internal and external.
• Represent Wheatland Bank in a Professional fashion to include; professional image, confidentiality, regular and consistent attendance, punctual.

About You

Qualifications

• Must be a current, full time student.
• Intent to puruse an Accounting, Finance, Business/Economics or related degree.
• Minimum age of 18 years.

Knowledge, Skill, Ability

• Proficiency with Microsoft applications (Word, Excel, Outlook)
• Ability to maintain strict confidentiality
• Strong written and oral communications skills
• Strong organizational skills with attention to detail

Work Environment

Must be able to routinely perform work indoors in climate-controlled shared work area with minimal noise.

Physical Demands

The physical demands described here 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 enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.

Must be able to operate routine office equipment including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on computer for an average of 6-8 hours per day, when necessary. Must be able to work extended hours or travel off site whenever required or requested by management. Must be capable of regular, reliable and timely attendance. Must be capable of climbing / descending stairs in an emergency situation.

Specific lifting abilities required by this job include: up to 35lbs.

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

What We Offer

Compensation & Benefits

Starting salary is dependent upon relevant experience and may vary based on the geographic location of the position. We offer an extensive benefits package that includes, but is not limited to medical, dental, vision, and life insurance. Coverage is available to employees and their eligible dependents in accordance with our written plan documents. You may also be eligible for a health savings account option, an Employee Assistance Program (EAP), a health rewards program, a retirement savings plan, including 401(k) and Profit‑Sharing plans, short and long‑term disability benefits, education and training benefits, and discounts on banking products and services. We also offer a generous Paid Time Off (PTO) plan and paid holidays. PTO accruals begin at .0745 per hour worked for our part time employees up to a maximum accrual of 240 hours per year for certain Full‑Time employees. PTO accruals are dependent on position, status (Full time or Part time), and years of experience in accordance with our PTO policy. Most Full-Time employees are also offered 6 paid holidays and Part Time employees are offered pro‑rated paid holidays. In addition, employees in Utah and Nevada may be eligible for pay for certain state recognized holidays. Visit our website for more details.

We are an Equal Opportunity Employer and qualified applicants, or employees will receive consideration for employment without regard to race, color, religion, national origin, sex (including pregnancy), sexual orientation, gender identity, mental or physical disability, genetic information, protected veteran status, or any other category protected by applicable federal, state, or local laws.

Glacier Bancorp, Inc. does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.