Real Estate Bridge Lending Intern

Job Location US-NY-New York
Type
Internship

Overview

The Bancorp’s Real Estate Bridge Lending leverages our robust balance sheet and in-house resources to deliver customized, non-recourse commercial real estate bridge loans nationwide. Provide seamless service from origination to funding, supporting multifamily commercial real estate clients with certainty of execution and tailored financing solutions.

The Bancorp’s Internship program is designed to provide students with a meaningful and challenging hands-on learning experience as well as an inside look into a career in the financial services industry. Interns are immersed into our culture and will work on actual projects within their business line or control function that will expand their knowledge and complement their education with real-world job experience. The commercial real estate intern position will develop knowledge and understanding of all aspects of the lending process. The candidate will provide research, analysis and administrative support while also participating in the execution of daily operational tasks to learn and understand the workflow and processes of critical functions.

Responsibilities

Essential Functions
  1. Under guidance and direction of the team, contributes to the execution of department specific projects and initiatives through data collection, research, analysis, and administrative support.
  2. Builds and/or maintains Excel spreadsheets to perform analysis under different operating scenarios.
  3. Participates in day-to-day deal execution, interacting with senior deal team members, client management teams, transaction counterparties and other advisors.
  4. Monitors current events related to real estate capital markets and commercial real estate nationwide.
  5. Successfully contributes to the achievement of assigned department objectives.
  6. Performs other duties as assigned.

Qualifications

Preferred Qualifications
  • Strong analytical and problem-solving skills.
  • Excellent verbal, written, and interpersonal communication skills with the ability to effectively and clearly communicate and present ideas to senior leadership.
  • A team player, able to work effectively in a team fostered, multi-tasking environment.
  • Proficient in Microsoft Office suite (Excel, Word, Outlook).
  • Excellent organizational and time management skills.
  • Outstanding ethics, integrity, and judgment.
  • 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 master’s program.
  • 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.

Additional Information

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

 

Salary Range:  $17.48 - $32.34 /  Hourly

 

This information reflects the base salary pay range for this job based on current national market data. Ranges may vary based on the job's location. We offer competitive pay that varies based on individual experience, qualifications and other relevant factors. We encourage you to apply to positions that you are interested in and for which you believe you are qualified. To learn more, you are welcome to discuss with us as you move through the selection process.

 

Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/

Company Culture & Background Screening

Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/

 

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.

 

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