Commercial Lending Intern

Not Interested
Bookmark
Report This Job

profile Job Location:

Morrisville, NC - USA

profile Monthly Salary: Not Disclosed
Posted on: 2 days ago
Vacancies: 1 Vacancy

Job Summary

Overview

The Bancorps Small Business Lending team is a leader in helping businesses across the country secure the impactful SBA loans that drive growth. Deliver tailored financial solutions and contribute to the success of small businesses nationwide as a part of this dynamic team.

Accounting or finance internship to support the commercial lending team which consists of small business lending and fleet leasing by performing a variety of activities to grow the loan portfolio. Our internship program provides students the opportunity to expand upon their academic foundation technical skills knowledge of the industry and their familiarity with a corporate environment which can lead to a full-time employment opportunity within The Bancorps Commercial Lending team. This internship will present opportunities for the practical application of skills learned in corporate finance and accounting coursework.

Responsibilities

Essential Functions

  1. Gathers business data through various channels including internal systems finance and the lending management team and prepare timely reports and summaries on key department operational metrics to support executive decision-making and strategy.
  2. Prepares and reviews monthly reports. Shares relevant measures track performance against targets and identifies opportunities and/or gaps. May make recommendations to mitigate present or future expenses/risks.
  3. Provides early and ongoing identification of financial issues and recommends controls around performance. Meets with internal partners to discuss assumptions and concerns with the data particularly the performance projections and/or best and worst case modeling of information for the reports.
  4. Analysis forecasting and reporting of financial and non-financial trends.
  5. Develops and utilizes spreadsheets databases and other computer applications.
  6. Processes redesign and project management.
  7. Develops models and performing financial analysis on loan products.
  8. Supports the corporations internal planning and management accounting functions.
  9. Prepares loan packages.
  10. Supports the finance function by using analytical methods and tools to interpret large and complex data sets: data collection querying and analysis.
  11. Performs other duties as assigned.

Qualifications

Preferred Qualifications
  • Excellent verbal written and interpersonal communication skills.
  • Team player able to work effectively in a team fostered multi-tasking environment.
  • Proficient in Microsoft Office suite e.g. Excel PowerPoint Word Outlook.
  • Other skills required are related to problem solving entering and verifying data knowledge of computers various software applications and standard office equipment.
  • No travel required.

Program Eligibility

  • Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
  • Enrolled full-time in an undergraduate college degree program at the rising junior level junior or senior level standing enrolled in a masters program or recently graduated within the past six months.
  • Students must have a cumulative GPA of 3.0 this will be confirmed by the recruiter.
  • Pursuing a bachelors or masters degree directly related to the department for which the internship program is listed.
  • Must be available for full-time internship.
  • May not be related to any employee of The Bancorp.

Additional Information

This job will be open and accepting applications for a minimum of five days from the date it was posted.

Working at The Bancorp Bank N.A. and Benefits Information: Culture & Background Screening


Required Experience:

Intern

OverviewThe Bancorps Small Business Lending team is a leader in helping businesses across the country secure the impactful SBA loans that drive growth. Deliver tailored financial solutions and contribute to the success of small businesses nationwide as a part of this dynamic team. Accounting or fina...
View more view more

Key Skills

  • Campaigns
  • Abinitio
  • AutoCAD 3D
  • Hardware & Networking
  • Customer Support
  • Arabic

About Company

For over 20 years, The Bancorp has been providing nonbank companies with the people, processes and banking technology that are essential in meeting their individual needs

View Profile View Profile