Commercial Lending Intern

4 weeks ago


Tampa, United States Lake Michigan Credit Union Full time
Job Summary

The Commercial Lending Intern will have exposure to the Commercial Lending process with a specific focus on loan portfolio management with regards to portfolio covenant testing.

Responsibilities
  • Developing a deep understanding of the loan covenants used in commercial lending loan packages.
  • Reviewing business loan agreements and underwriting documents to identify specific covenant requirements.
  • Inputting data into the covenant testing spreadsheet. This includes both manual data entry as well as implementing automated Excel formulas.
  • Customizing and generating output reports to be used by the Commercial Lending management team.
  • Additional credit underwriting duties as time allows including: spreading financial statements, reviewing credit underwriting documents, updating administrative tracking.
Preferred Education & Experience
  • Ability to be in the office approximately 25 hours a week between 8:30AM - 5:00PM for roughly 3 months.
  • College student at freshmen, sophomore, junior, senior, or master level status, or a recent college graduate within the last 3 months.
  • Students majoring in Accounting, Finance or related field of study is preferred.
  • 3.0 GPA or greater.


LMCU is an Equal Opportunity Employer

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