Summer Intern - Commercial Credit Administration

Primary Purpose: To learn various aspects of commercial credit by assisting the commercial credit administration team with daily/weekly/monthly tasks and assignments. The intern program focuses on the essential roles within an independent insurance agency. Commercial Insurance is the primary focus, yet the Agency's multiple capabilities will also provide exposure to Personal Insurance and Employee Benefits Insurance.

Essential Responsibilities:

• Opportunity to assist Credit Administration with various tasks related to overall policy and portfolio management, as well as regulatory, compliance, and audit related tasks.
• Assist as needed in monthly and quarterly report preparation and review.
• Assist as needed with the bank's periodic Commercial Real Estate portfolio stress testing.
• Assist as needed with ongoing Credit Monitoring tracking and reporting.
• Assist as needed with ongoing performance monitoring of the bank's newly developed risk rating scorecards.
• Complete other ad hoc projects as needed to assist the department.
• Actively participate in the 10-week program outlined to include an office project to present to senior management during the final week of the program. The office project is an opportunity to share your legacy by sharing a product or improvement that will better the operation.
• Adheres to applicable federal laws, rules, and regulations including those related to Anti-Money Laundering (AML) and the Bank Secrecy Act (BSA).
• Other duties as assigned.

Summer Internship Minimum Required Skills and Competencies:

• Must be at least 18 years of age or older
• Must have completed at least two years of college and be a rising junior or above studying Finance, Accounting, Business Mgmt, Economics or similar.
• Attention to detail.
• Strong communications skills
• Outgoing and helpful personality
• Dependability and punctuality
• Willingness to try new tasks to grow.
• Proficiency in Excel, Word and PowerPoint

Desired Skills and Experience:

• Completed at least three years of college and be a rising senior enrolled in a 4-year university studying Finance, Accounting, Business Mgmt, Economics or similar.
• Experience in banking or finance.
• Basic understanding of commercial lending concepts.

Physical Requirements:

• Express or exchange ideas by means of the spoken word via email and verbally.
• Exert up to 5 pounds of force occasionally, use your arms and legs, and sit most of the time.
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
• Not substantially exposed to adverse environmental conditions.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential responsibilities.