Intern Credit Ag Lending

Compeer Financial; Bloomington (IL); Hybrid; USD 26,000 - 28,000; Full time

Benefits offered by this job

Paid internship

Hybrid work model

Mentorship programs

Job summary

Compeer Financial, a member-owned cooperative with offices in Illinois, invites you to join its Credit internship program in Bloomington, IL. You will gain hands-on experience in credit and underwriting, learning financial analysis and loan servicing while contributing to client service.

Ideal candidates are juniors or non-graduating seniors pursuing a bachelor’s in agricultural business or related field, with strong analytical and communication skills, and a willingness to work full-time

Qualifications

• Must be working towards completing a bachelor’s degree in agricultural business, agricultural economics or business administration, with at least two years completed.
• Solid organizational, interpersonal, communication, problem solving, analytical, verbal and written communication and influencing skills are required.
• Proven client service skills and effective team skills are essential.

Responsibilities

• Challenged to learn a significant amount of information during the course of the internship and take initiative to apply this information.
• Work independently with general supervision of day to day operations while taking initiative and complete responsibilities as assigned.
• Internally, work closely with the Credit team leader and other team members. Will also have frequent contact with other functions throughout the organization to exchange information and clarify or verify information.

Skills

Credit analysis

Financial analysis

Underwriting

Loan servicing

Communication

Education

Pursuing bachelor''s in agricultural business or business administration

Tools

Credit software

Microsoft Excel

Job description

Empowered to live. Inspired to work.Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

Empowered to live. Inspired to work.Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How We Support You

• Hybrid model – up to 50% work from home
• Flexible schedules including ample flexibility in the summer months
• Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
• Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
• Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
• Learning and development programs
• Mentorship programs
• Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
• Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit www.compeer.com/careers.

This is a paid internship; however, the intern must provide their own housing and transportation. Business related transportation and expenses will be paid by the organization. This intern will work full-time through the summer of 2027. The internship is located out of either our Bloomington, IL; Edwards, IL; Monmouth, IL office locations.

If pursuing internship credit through your university, it is your responsibility to consult with your advisor and review the internship's job description to ensure it meets the minimum eligibility requirements.

Compeer Financial is seeking collaborative, innovative and dynamic professionals to be a part of our Top Workplace culture!

The contributions you will make:

This internship will provide hands-on experience in the credit and underwriting field, ideally for juniors or non-graduating seniors in college. The intern will learn the credit delivery process within Compeer including financial analysis, underwriting loan requests, loan servicing and other credit services for Compeer clients.

Essential Functions

• Challenged to learn a significant amount of information during the course of the internship and take initiative to apply this information.
• Work independently with general supervision of day to day operations while taking initiative and complete responsibilities as assigned.
• Internally, work closely with the Credit team leader and other team members. Will also have frequent contact with other functions throughout the organization to exchange information and clarify or verify information. Externally, have contact with clients in providing an additional level of client service as needed. In all contacts, our interns are expected to present a professional image of Compeer Financial.

Minimum Qualifications & Required Knowledge, Skills And Abilities

• Must be working towards completing a bachelor’s degree in agricultural business, agricultural economics or business administration, with at least two years completed.
• Solid organizational, interpersonal, communication, problem solving, analytical, verbal and written communication and influencing skills are required.
• Proven client service skills and effective team skills are essential.
• Knowledge of farm production methods and products and a general understanding of farm business management and finance preferred.
• Demonstrate effective team skills.
• Understanding of and ability to use various computer, both business and financial, applications is required.
• Solid understanding of credit processing and servicing activities, accounting principles and practices, and credit analysis procedures.

How We Will Take Care Of You

Actual hourly rate offered is dependent upon year in school, work experience, transferable skills, business needs and market demands. The hourly rate range is subject to change and may be modified in the future.

Base Pay

$19 - $20 USD

Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.