SBA Credit Intern - Summer 2027

Bankmerchants; Carmel, Northern (IN, KY); Hybrid; USD 20,664,000 - 30,307,000; Part time

Benefits offered by this job

Weekly HR Development Days

Mock interviews and resume review

LinkedIn training

DISC Assessment

Company Insiders Training

Job summary

Merchants Bancorp in Carmel, Indiana, offers an SBA Credit Intern program designed to support assigned teams with a variety of projects and administrative work. You will assess risk on SBA loan portfolios, spread financial statements, and learn collateral perfection while gaining practical, resume-worthy experience.

The program includes mentorship, weekly HR Development Days, mock interviews, LinkedIn training, and culminates in a final presentation to leadership.

Qualifications

• Sophomore year of college completed; graduates may also apply.
• High school diploma or GED required.
• Core disciplines include teamwork, communication, critical thinking, integrity, self-discipline, and adaptability.

Responsibilities

• Assess risk of SBA loan portfolio and analyze borrower financial statements.
• Spread financial statements using AI tools to assist risk grading.
• Make recommendations for due diligence and risk management.
• Present project results and business recommendations to leadership.
• Participate in mentorship and complete final deliverables for the program.

Skills

Teamwork

Communication

Critical thinking

Integrity

Self-discipline

Adaptability

Education

Sophomore year college

High school diploma or GED

All degree programs considered

Job description

Description

Are you looking for an internship that encourages creativity and innovation? We believe our people make the difference in our business, and our interns are no exception. In our internship program you will be responsible for supporting your assigned team with a variety of projects and administrative work. No coffee runners work here in the summer; you will do real work that you can add to your resume once you have completed this program. For our top performing interns, this program is our pipeline for many of our entry level full-time positions.

As an SBA Credit Intern, you will…

• Play a vital role in assessing risk of a portfolio of Small Business Administration (SBA) loans. You will spread and analyze borrower financial statements and make recommendations to management regarding additional due diligence required for higher risk credits.
• Using cutting edge AI spreading tools, you will learn how financial statements are spread to make decisions on the specific risk grades associated with borrower relationships. You will have an opportunity to learn about collateral perfection, and the activities a bank must perform to ensure the integrity of assets that serve as collateral for our loans.
• The goal is that you will take what you have learned in your course work, apply it to your projects and then implement those solutions or recommendations.
• Have both a manager and mentor to help guide your through our program and your day-to-day work.
• Be given the opportunity to deliver a final presentation of your project/s results and make business recommendations to your department, team members and Company leadership.

We also offer weekly HR Development Days to help our interns grow professionally and learn about our industry. Look at what we have to offer…

• Mock interviews and resume review with our talent management team will help prepare you to enter the workforce.
• LinkedIn training will help you build and develop your personal profile and teach you about the value of online professional networking.
• DISC Assessment – coursework on how to use your DISC results to help improve teamwork, communication, and productivity in the workplace.
• “Company Insiders” Training - Listen to current Merchants’ employees tell their success stories and learn about who we are and what each department does to support our success.

Requirements

What we are looking for…

• Have completed at least your sophomore year of college. Graduates are welcome to apply as well.
• All degree programs will be considered.
• High school diploma or GED from an accredited institution required.
• Exhibit these core disciplines: Teamwork, Communication, Critical Thinking, Integrity, Self-Discipline, and Adaptability.

Ranked as the top-performing U.S. public bank by S&P Global Market Intelligence, Merchants Bancorp is a diversified bank holding company headquartered in Carmel, Indiana, operating multiple lines of business, including multifamily housing and healthcare facility financing and servicing, mortgage warehouse financing, retail and correspondent residential mortgage banking, agricultural lending, and traditional community banking. Merchants Bancorp conducts its business through its direct and indirect subsidiaries, Merchants Bank, Merchants Capital Corp., and Merchants Mortgage, a division of Merchants Bank.

Merchants Capital was established in August of 1990 as a mortgage banking firm specializing in multifamily housing and health care facilities finance. With extensive experience in these types of finance, the company is a premier provider and servicer of Multifamily, Affordable, Healthcare, and Student Housing. Our mission is simple: to provide the best origination and service of our loan and investment products with exceptional customer service, accuracy, creativity, speed, and conformance to regulations.