Intern - Credit Analyst

Midland States Bank; Rockford (IL); On-site; USD 20,000 - 29,000; Part time

Job summary

Midland States Bank is offering an internship for a Credit Analyst in Rockford, IL. The role focuses on learning financial statement analysis to evaluate commercial borrowers and understand credit decisions.

You will gain exposure to loan structures, the credit approval process, and the link between lending and credit risk, while collaborating with senior leaders and lenders.

Qualifications

• Enrolled in a Finance or Accounting degree program with at least 2 years completed.
• Works well in a team environment and communicates clearly.
• Proficient in Microsoft Excel and Teams; able to learn new software quickly.

Responsibilities

• Assist with financial statement analysis to support commercial borrowers.
• Gain exposure to loan structure and credit approval processes.
• Learn how credit analysis identifies and mitigates credit risk.
• Collaborate with Commercial Credit leadership to build foundational skills.
• Meet with Commercial Lenders and Market Presidents to understand lending relationships.
• Maintain compliance with applicable regulations.

Skills

Excel

Analytical skills

Teamwork

Communication

Education

Finance or Accounting degree, 2 years completed

Job description

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Intern - Credit Analyst Rockford, IL Rate of Pay: $18 an hour

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident, and more excited to do great things for our customers, each other and our company.

We’re proud to be an Equal Opportunity and Aff…

At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Position Summary

• Assist with financial statement analysis to support the evaluation of commercial borrowers and credit requests.
• Gain exposure to commercial loan structure and the credit approval process, including how credit decisions are evaluated and documented.
• Learn how effective credit analysis helps identify and reduce credit risk to the Bank.
• Work directly with Commercial Credit leadership to build foundational financial analysis skills and understand the responsibilities of a Credit Analyst.
• Meet and collaborate with Commercial Lenders and Market Presidents to gain exposure to the broader commercial lending process and relationship between lending and credit.
• Perform other duties as assigned.
• Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).

Position Qualifications

Education/Experience: The internship will run for Summer of 2027 beginning mid‑May and ending early August. Able to work a 40‑hour work week, Monday‑Friday, between 8 a.m. and 5 p.m. Must reside local to the Rockford, IL area and report to the Rockford office. Enrolled in a Finance or Accounting degree program at a college or university with at least 2 years completed. Works well in team environment. Proficient in Microsoft Excel and Teams. Demonstrates ability to learn and use new software and programs. Interest in commercial lending, credit analysis, or a related banking career is preferred. Strong analytical skills and an interest in financial statement analysis. Ability to learn financial analysis concepts and apply them accurately to assigned work. Strong attention to detail, organization, and communication skills. Ability to collaborate effectively with Credit team members, Commercial Lenders, and other business partners.

Competencies:

• Business insight
• Cultivates innovation
• Drives results
• Makes sound decisions
• Being a brand champion
• Collaborates
• Communicates effectively
• Customer focus
• Being Authentic
• Emotional Intelligence
• Self-development
• Being flexible and adaptable

If you require reasonable accommodation in completing this application, interviewing, completing any pre‑employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at [e-mail].

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

We’re proud to be an Equal Opportunity and Aff…

THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

Midland States Bank may use automated tools and artificial intelligence (“AI”) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job‑related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.

At Midland, we’re proud to be a little different. You can see it in our bright orange signs—but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions. For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow‑through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking. We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all. Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique – providing strength you can count on with heart you can feel. You might say we’re unlike any other bank. And you’d be right.