Loan Operations Intern — Summer Internship in CRE Finance

Northmarq; Minneapolis (MN); On-site; USD 25,000 - 36,000; Full time

Benefits offered by this job

Ten-week Summer Internship

Job summary

Northmarq is seeking a Loan Operations Intern for its Bloomington, MN headquarters. The Summer Internship Program runs ten weeks and exposes you to Escrow & Admin, Compliance, Investor Accounting, Investor Reporting, System Support, and Loan Processing through hands-on tasks alongside full-time staff.

The intern will assist with loan servicing activities including onboarding, cash management, and compliance support, while gaining experience across multiple teams and projects.

Qualifications

• Pursuing a Bachelor’s Degree in Business in a relevant field.
• Strong skills in Microsoft Outlook, Excel, and Word.
• Excellent oral and written communication skills.
• Customer service oriented with strong organizational abilities.

Responsibilities

• Plan and schedule own workload to meet benchmarks.
• Provide premier customer service to lenders, borrowers, staff and vendors.
• Analyze loan documents to onboard shell loans into the Servicing system.
• Coordinate and execute CMBS portfolio onboarding within the Servicing system.
• Review borrower ACH payment setups for secure transactions.
• Support collateral release and lien satisfaction processing.
• Validate escrow payments for monthly client certifications.
• Reconcile custodial accounts and perform money movements.
• Prepare supporting documentation for audit requests.
• Support audit and risk management initiatives with lender requirements.
• Participate in intern team project and present to Senior Management.
• Attend weekly mentor and networking meetings with Senior Management.
• Assist Operations Teams with tasks and projects as needed.

Skills

Outlook

Excel

Word

Analytical skills

Customer service

Communication

Education

Bachelor's Degree in Business

Tools

Microsoft Office

Job description

Northmarq is seeking a Loan Operations Intern for its Bloomington, MN headquarters. The Summer Internship Program runs ten weeks and exposes you to Escrow & Admin, Compliance, Investor Accounting, Investor Reporting, System Support, and Loan Processing through hands-on tasks alongside full-time staff.

The intern will assist with loan servicing activities including onboarding, cash management, and compliance support, while gaining experience across multiple teams and projects.