Intern Credit Ag Lending

Compeer Financial; Monmouth (IL); Hybrid; USD 54,443,000 - 57,308,000; Full time

Benefits offered by this job

Hybrid work

Flexible schedules

401k match

Medical insurance

Dental insurance

Vision insurance

Life insurance

Disability insurance

Wellness program

Mentorship

Job summary

Compeer Financial in Illinois is offering a paid internship focused on credit and underwriting, with hands-on experience through the summer program. You will learn the credit delivery process, including financial analysis and loan servicing, while collaborating with a dedicated Credit team and other departments.

The role requires pursuing a bachelor’s degree in agricultural business, agricultural economics, or business administration, with at least two years completed, and strong communication

Qualifications

• Pursuing a bachelor’s degree with at least two years completed.
• Strong organizational, interpersonal, communication, and analytical skills.
• Proven client service and teamwork abilities.
• Understanding of farm production methods and farm business management preferred.

Responsibilities

• Gain hands-on experience in credit and underwriting processes.
• Learn financial analysis, loan requests and loan servicing.
• Work with Credit team and other functions to exchange information and clarify data.
• Present a professional image of Compeer Financial in all contacts.

Skills

Organizational skills

Interpersonal skills

Communication skills

Problem solving

Analytical abilities

Verbal communication

Written communication

Influencing skills

Education

Bachelor's degree in agricultural business / agricultural economics / business administration

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.

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&DD 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.

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.

Click here to view federal employment laws applicable for applicants.