Arch Mortgage Funding Intern
Found in: beBee jobs US - 2 weeks ago
Our Program
Welcome to Arch - your gateway to hands-on experience in the insurance industry. This summer, come join one of our elite internship programs to learn from the best, work on challenging projects, and develop skills that will shape your future. Our programs are not just about the present - they are about identifying exceptional talent for the future. Get ready to explore, learn, and thrive with us. Your journey starts here.
About This Internship
This internship is with the Arch Mortgage Funding (AMF) group. AMF is a mortgage conduit established to acquire non-agency loans for sale into the bulk and securitization market. AMF provides expertise in secondary markets, credit/counterparty evaluation and sales as part of the loan acquisition process.
The intern will be given the opportunity to learn all aspects of a mortgage conduit and be assigned a project to assist AMF as a start-up firm. The constituent will research and provide market intelligence to senior leadership on pricing comparisons, underwriting/credit criteria, and sales targets.
Qualifications
The standard qualifications of all Arch intern candidates are:
- 3.0 GPA.
- College level - rising Junior, Senior or Graduate student.
- Entrepreneurial spirit along with the desire to be a continuous learner.
- Team player who collaborates effectively.
- Self-starter who can work independently and deal effectively with multiple tasks/priorities in a fast-paced environment.
- Individuals interested in secondary markets and mortgage credit with a quantitative background are best suited for this internship.
- This position is classified as a hybrid position. You will work 2 days onsite and 3 days from home.
- This position is in Raleigh, NC.
Arch summer internship positions will be posted from October March 2024 and will be unposted when filled.
Pay
For individuals assigned to or hired to work in Raleigh, NC, the hourly rate is $22 to $30 as of the time of posting. The breadth in the range exists to accommodate students in specialized programs such as actuarial candidates and graduate students. Any actual rate offered will take into account a number of factors including but not limited to geographic location, scope & responsibilities of the role, along with the education & qualifications of the candidate. The above range may be modified in the future. Intern position is eligible for select Arch benefits.
About Arch
Arch Mortgage Insurance Company is the flagship U.S.-based mortgage insurer of Arch Capital Group Ltd., a leading insurance and reinsurance company operating through its subsidiaries worldwide. Based in Greensboro, North Carolina, our company is committed to our employees and our customers. Our Total Rewards package offers competitive pay and valuable benefits. Plus, you will have access to a variety of programs supporting your professional development and a culture that encourages innovation, collaboration, and professional growth.
Do you like solving complex business problems, working with talented colleagues and have an innovative mindset? Arch may be a great fit for you. If this job isn't the right fit but you're interested in working for Arch, create a job alert Simply create an account and opt in to receive emails when we have job openings that meet your criteria. Join our talent community to share your preferences directly with Arch's Talent Acquisition team.
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