Summer 2027 Intern: Portfolio Management Team

Live Oak Bank; Wilmington (NC); On-site; USD 56,482,000 - 92,037,000; Part time

Job summary

Live Oak Bank in Wilmington, NC is seeking an onsite Portfolio Management Intern for the 10-week Summer 2027 Internship Program (May 17 - July 23, 2027). You will analyze financial statements, shadow the lead-to-loan process, and support risk assessments for larger exposure relationships.

You will shadow day-to-day tasks, collaborate with various departments, complete a capstone project, and present your findings. Training in cash flow lending and growth opportunities await.

Qualifications

• Currently enrolled in college/university working toward a degree.
• Interest in banking or finance.

Responsibilities

• Analyze financial statements from several industries as part of quarterly analysis.
• Assist with annual risk grade assessments for relationships with larger exposure.
• Complete a capstone project and presentation on the lead-to-loan process.
• Shadow day-to-day loan operations including collateral, payments and structuring.
• Collaborate with other bank departments on customer requests and internal initiatives.
• Attend Loan Committee meetings for educational deal discussions.

Skills

Interest in banking

Finance

Education

Currently enrolled in college/university

Job description

About Us

Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard‑earned money. At Live Oak, we never lose sight of the well‑being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

Ready to make an impact? We're looking for an onsite intern to join our team for the 10-week Summer 2027 Internship Program (May 17 - July 23, 2027) at our headquarters in Wilmington, NC.

How This Role impacts Live Oak:

Interns that join the Portfolio Management Team will have the opportunity to understand and support our Portfolio Analysts in the numerous tasks they work on each quarter. The 10-week program will allow interns to work through financial analysis, shadow tasks and customer interactions, learn the lead to loan process and gain an understanding of Live Oak’s risk through Lending and Servicing functions. The Portfolio Analyst role is vital to the health and overall performance of the existing Live Oak Bank loan portfolio.

What You’ll Do at Live Oak:

• Analyze financial statements from several different industries as part of our quarterly analysis and assist with annual risk grade assessments for relationships with larger exposure.
• Complete a capstone project and presentation outlining the lead-to-loan process using what you learn over the course of the summer.
• Shadow the day‑to‑day functions of the role, such as collateral, payment, and loan structure questions, managed and completed by a variety of Portfolio Analysts.
• Work with other departments throughout the bank handling customer requests to understand how each role plays a key function. This will also broaden your spectrum on potential future opportunities throughout the bank.
• Spearhead any internal projects focused on making the group more effective and efficient.
• Attend Loan Committee weekly listening to an educational debate on deals approved each week.
• Attend department and internal team meetings for important updates and learning opportunities.

How You’ll Do It:

• You will be trained on financial statement analysis and the Live Oak Bank approach to cash flow lending.
• Consistent feedback on job performance during the internship.
• Enhancing your time management, prioritization, and organization skills.

Preferred Experience

• Interest in banking or finance
• Currently enrolled in college/university working toward a degree

Personal Attributes

• Authenticity/Genuine Professional Curiosity Trustworthiness Personal Effectiveness/Credibility Nimbleness Initiative/Willingness to Own Your Role Joy in Collaborating Prompt Multi-tasker #LI-DNI

Our Values

• Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
• Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
• Respect: Treat everyone with courtesy, politeness, and kindness.
• Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
• Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more.

For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/

Live Oak Bank is an affirmative action and equal opportunity employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [e-mail]. EEO is the Law

The base pay range for this position is $19.77 - $32.12 per hour. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.

More than just a job, a career at Live Oak is an opportunity to mold the future of the banking industry. Live Oak Bank would not be the top SBA 7(a) and USDA lender in the country without our people. We focus on hiring folks who are dedicated to living our values, every single day. Together, we’re on a mission to be America’s small business bank. At Live Oak we never lose sight of focusing on the wellbeing of our folks. We believe our employees are the heart of our company and drive our commitment to our customers. As part of the Live Oak team, you’ll have the chance to shape the next chapter of banking while supporting the backbone of our nation – small businesses.