Small Business Lending Intern

Job Location US-NC-Morrisville
Type
Internship

Overview

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 Bancorp’s 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 corporation’s 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 Requirements

  • 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.

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 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.

Background & EEO Statement

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: click here

Diversity & Background Screening

Diversity & Inclusion at The Bancorp Bank: click here

 

The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.

 

Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.

 

#LI-DW1 

#LI-Onsite

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed