Summer 2026 Legal Intern
Summer 2026 Legal Intern
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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 Americas 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.
The Legal Team is seeking an onsite intern for the 10-week Summer 2026 Internship Program at Live Oak Bank in Wilmington NC.
Position Summary:
The Legal Intern will support the Banks Legal Department with a focus on lending and operational matters. This internship offers hands-on experience in financial services law particularly in loan modification loan closings and document management. The intern will work closely with legal counsel and operational teams to gain exposure to the legal and regulatory framework governing banking practices.
Key Responsibilities:
- Shadow Loan Teams:Observe and assist the loan modification and loan closing teams to understand the legal processes involved in commercial lending.
- Document Review & Redaction:Review documents responsive to subpoenas and other legal requests ensuring sensitive information is properly redacted in compliance with applicable laws and internal policies.
- Template Creation:Assist in drafting and refining legal form templates used in lending operations including modification agreements closing documents and internal checklists.
- Legal Research:Conduct research on banking regulations lending compliance and document retention policies as needed.
- Administrative Support:Provide general support to the Legal Department including organizing files preparing summaries and attending internal meetings.
Qualifications:
- Interested in attending an accredited law school.
- Strong interest in banking finance and regulatory law.
- Excellent attention to detail and organizational skills.
- Ability to handle confidential information with discretion.
- Proficient in Microsoft Office Suite (Word Excel Outlook).
- Strong written and verbal communication skills.
Our Values
Dedication:Possess a deep commitment to Live Oak Banks 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 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: 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.
The base pay range for this position is $19.23 - $31.25 per hour. Compensation may also include annual bonuses and long-term incentives subject to various metrics and company policy. A candidates 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.
Required Experience:
Intern
Employment Type
Part-Time
