Small Business Lending Intern | Loan Processing & Support

Lake Michigan Credit Union; Grand Rapids (MI); On-site; USD 18,000 - 22,000; Part time

Job summary

Lake Michigan Credit Union is seeking a Small Business Lending Intern in Grand Rapids, MI to assist with loan processing within the Small Business Lending Program. This role offers 20-25 hours per week as a part-time hourly position.

The intern will monitor the CRM platform, assist with loan closing tasks, collect borrower documents, and support loan servicing while ensuring compliance with relevant lending policies and regulatory requirements.

Qualifications

• College student freshman to master level with focus in business is preferred.
• Excellent written and verbal communication skills.
• 3.0 GPA or greater.
• Available for 20-25 hours/week.

Responsibilities

• Monitor Lender AI CRM platform and follow up on applications for the Small Business Lending loan program.
• Perform loan closing tasks for the Small Business Lending loan program, including onboarding, lien perfection, and post-close due diligence.
• Collect all necessary loan documentation from borrower(s) pertinent to the Small Business Lending request.
• Perform Small Business Lending loan servicing as a secondary contact for member loan questions, payment issues, and other inquiries.
• Conduct general loan maintenance, such as address changes, ACH information, and payment adjustments.
• Comply with applicable laws and regulations, including the Bank Secrecy Act, Patriot Act, and OFAC.

Skills

Communication skills

Education

Business-focused student

GPA 3.0 or greater

Job description

Lake Michigan Credit Union is seeking a Small Business Lending Intern in Grand Rapids, MI to assist with loan processing within the Small Business Lending Program. This role offers 20-25 hours per week as a part-time hourly position.

The intern will monitor the CRM platform, assist with loan closing tasks, collect borrower documents, and support loan servicing while ensuring compliance with relevant lending policies and regulatory requirements.