Internship- Scope Credit Analyst

Park National Corporation; Columbus (OH); Hybrid; USD 42,000 - 52,000; Full time

Job summary

Park National Corporation in Newark, OH is seeking a full-time hybrid position in banking with a focus on loan analysis, credit underwriting, and credit policy learning. You will participate in department projects, learn regulatory compliance, and support lenders with financial statement reviews and borrower information.

The role offers a mix of on-site and remote work, with strong emphasis on learning Park's processes, culture, and client evaluation practices.

Responsibilities

• Takes initiatives to learn about Park brand, culture, and history
• Develops understanding of department operations, processes, procedures, and performance standards
• Contributes to projects and daily work in assigned banking departments
• Presents project results to appropriate audience as requested
• Networks with associates, leaders, and executives across the bank to build relationships
• Completes required trainings timely and seeks additional learning opportunities
• Assist in preparation of loan requests and renewal write-ups; including cash flow, collateral, industry, management, and repayment capacity analyses
• Learn underwriting in accordance with regulations, compliance terms, bank policy, and legal requirements
• Accurately spread financial statements and tax returns and analyze historical performance
• Assist in annual reviews of existing clients with updated financials
• Monitor financial statement requirements, loan covenants, and borrowing base certificates; communicate findings to lender/manager
• May accompany Commercial Lenders on calls/inspections and assist with presenting loan requests to approvers
• Learn Park's credit culture and credit policies

Education

High School (preferred)

Job description

RESPONSIBILITIES #Ll-Hybrid *Not eligible for sponsorship*

• Takes initiatives to learn about Park brand, culture, and history
• Develops an understanding of department operations, processes, procedures, and performance standards
• Contributes to projects and daily work in assigned banking departments
• Presents project results to appropriate audience as requested
• Networks with other associates, leaders, and executives across the bank to develop strong relationships
• Completes required trainings in a timely manner and seeks out additional learning and development opportunities
• Assist in preparation of loan requests and loan renewal write-ups; including global cash flow analysis, collateral analysis, industry analysis, management analysis, and overall repayment capacity
• Learn about underwriting in accordance with current regulations, compliance terms, bank policy, and legal requirements
• Accurately spread financial statements and tax returns and analyze historical performance
• Assist in the preparation of annual reviews of existing clients upon receipt of updated financial information
• Assist in the monitoring of financial statement requirements, loan covenants, and borrowing base certificates and communicate findings to lender and manager. Prepare pertinent reports, tracking financial information and receipt thereof.
• Learn aspects of identifying, measuring, monitoring, controlling, and mitigating credit risk of the commercial loan portfolio
• Assist to obtain, analyze, and incorporate third-party borrower information (e.g., credit reports, costar, RMA)
• May accompany Commercial Lenders on calls and inspections, and assist with presenting loan requests to approvers as needed.
• Learn about Park's credit culture and credit policies

SCHEDULE

Typical office hours are Monday - Friday from 8:00a-5:00p. This position a full-time and expected 40 hours/week. This role is hybrid with 3 days a week onsite and two remote days. Office located in downtown Newark, Ohio.

Education

High School (preferred)

Equal Opportunity Employer

This employer is required to notify all applicants of their rights pursuant to federal employment laws.

For further information, please review the Know Your Rights notice from the Department of Labor.