Loan Department Intern

Summary/Objectives:

Assist the lending department with tasks as assigned that include completing annual reviews, impairment analysis, spreading financial statements, and line of credit renewals. 

Essential Functions

Complete impairment analysis to identify risks associated with a credit facility and discuss with lender to determine if impairments should be made to a credit. 

1. Assist the Credit Analyst in pulling files and retrieving additional information from credit and collateral files for the loan review. 
2. Assist the Portfolio Managers in completing renewals of the banks lines of credit that have past their review date. 
3. Assist the lenders in preliminary analysis by completing cash flows and spreads. 

Secondary Functions

1. Assisting in special projects and research as requested by manager.
2. Assist the Credit team in completing annual reviews of the banks existing customer. 
3. Assist Residential Originators to determine monthly income for self-employed borrowers. 

Competencies

• Customer Service Skills 
• Microsoft Excel 
• Professionalism
• Communication
• Problem Solving
• Creative Thinking

Supervisory Responsibility

None

Work Environment

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, printers and filing cabinets. 

Physical Demands

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit or stand at a desk and work on a computer. There may be occasional lifting and transporting of up to 25 pounds. The employee must have physical strength to handle routine office materials and tools. Dexterity of hands and fingers. 

• Intermediate computer skills including Microsoft Word and Excel
• Ability to understand and learn the banks internal systems
• Excellent customer service skills 

Preferred Education, Experience and Qualifications

• Currently pursuing bachelor’s degree in Finance, Accounting or another business related major. 

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for these job duties, responsibilities and activities may change at any time with or without notice.