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The Bancorp · 1 day ago

Commercial Lending Intern

Morrisville, NC

Internship

Onsite

Intern

The Bancorp is a financial institution seeking a Commercial Lending Intern to support their commercial lending team. This internship provides an opportunity for students to apply their academic knowledge in finance and accounting while performing essential functions to grow the loan portfolio.

BankingFinanceFinancial ExchangesFinancial ServicesPayments

No H1B

Responsibilities

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

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

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

Analysis, forecasting, and reporting of financial and non-financial trends

Develops and utilizes spreadsheets, databases and other computer applications

Processes redesign and project management

Develops models and performing financial analysis on loan products

Supports the corporation’s internal planning and management accounting functions

Prepares loan packages

Supports the finance function by using analytical methods and tools to interpret large and complex data sets: data collection, querying and analysis

Performs other duties as assigned

Qualification

Financial analysisData analysisMicrosoft OfficeCommunication skillsTeam player

Required

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 master's 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 bachelor's or master's 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

Preferred

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