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Valley Bank · 13 hours ago

Intern - Loans Middle Office

New York, NY

Internship

Onsite

Intern

Valley Bank is offering a unique 9-week internship program for students interested in the banking industry. The Loans Middle Office Intern will assist in processing loan transactions, support reconciliation efforts, and collaborate with various stakeholders to ensure compliance and accuracy in loan operations.

Banking

H1B Sponsor Likely

Responsibilities

Assist in the daily processing and monitoring of loan transactions, ensuring accuracy and compliance with internal policies

Support the middle office team in reconciling loan positions and resolving discrepancies between front office and back office systems

Prepare and review documentation for loan settlements, amendments, and terminations

Collaborate with internal stakeholders (front office, operations, risk, and compliance) to ensure timely and accurate execution of loan activities

Maintain and update loan records in internal systems, ensuring data integrity and completeness

Assist in generating reports for management on loan exposures, performance metrics, and operational risks

Participate in process improvement initiatives to enhance efficiency and reduce operational risk

Research and analyze market trends or regulatory changes impacting loan operations

Support your manager in performing research and/or analysis on specific topics

Independently complete tasks that contribute to larger projects relevant to the assigned department

Participate in meetings and team discussions to gain insight and contribute to the team's goals or projects

Communicate with team members and other departments to coordinate work, gather information and develop final work products

Join team building activities to establish cross functional relationships within the Valley community

Participate in VIP Mentorship Program meetings with your mentor to enhance your business acumen, network with senior leaders and develop technical and professional skills

Document and report on progress and results of projects and tasks

Attend professional development sessions/classes

Participate in VIP (Valley Intern Program) hosted events, trainings and projects including Valley Week of Service, Culture Workshops and final project presentations

Complete other related duties as assigned by the respective manager

Follow Company policies and procedures

Qualification

Analytical thinkingMicrosoft Office SuiteWritten communicationVerbal communicationOrganizational skillsTime managementSelf-starterTeamwork

Required

Strong written and verbal communication skills

Excellent organizational and time management skills

Strong analytical and conceptual thinking

Motivated self-starter

Ability to work independently and as part of a team

Proficient in Microsoft Office Suite ( Word, Excel, PowerPoint)

Rising sophomore, junior, senior or graduate student

Currently enrolled in a College or University program

Company

Valley Bank

Glassdoor3.2

Valley National Bank is a regional financial institution

Founded in 1927

Wayne, New Jersey, USA

1001-5000 employees

https://www.valley.com/

H1B Sponsorship

Valley Bank has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (18)

2024 (13)

2023 (7)

2022 (11)

2021 (5)

2020 (5)