Commercial Banking Internship

6 days ago


Salt Lake, Utah, United States BankTalent HQ Full time

Transform Your Career with BankTalent HQ

We're proud to have a diverse employee base and a commitment to being the premier employer of choice. Our team is dedicated to ushering in a new era of banking, and we're looking for talented individuals to join us.

About the Role

We have an exciting opportunity for an intern to work in our Commercial Banking Group. As a Credit Analyst Intern, you will be exposed to various aspects of the banking industry, including:

  • Analyzing financial statements of borrowers and guarantors to identify key strengths and weaknesses.
  • Calculating debt to income ratio and personal cash flow available to service debt using individual tax returns and credit reports.
  • Comparing borrower financial statement ratios to industry averages and generating a summary of questions/issues to discuss as part of loan underwriting.
  • Performing research on individual owners and businesses to provide a summary of any findings.
  • Reviewing industry research reports to provide a summary of the specific industry for commercial and industrial loans.
  • Authoring Credit Presentations with a mentor.
  • Presenting Pre-Flight/Credit Presentation to a State Credit Administrator.
  • Assisting in completing covenant testing and annual loan reviews.
  • Participating in sales calls with a Relationship Manager.
  • Attending a Problem Loan Meeting.

Qualifications

To be successful in this role, you will need:

  • A strong emphasis in finance, accounting, business, or related coursework.
  • A basic working knowledge or interest in financial and spread analysis, credit, lending, and underwriting processes and principles.
  • Knowledge or interest in working with various types of loans, credit risk, legal, and regulatory requirements.
  • Strong interpersonal and customer service skills.
  • Good communication skills, both verbal and written.
  • Detail-oriented with strong analytical, organizational, and problem-solving skills.
  • Ability to make sound decisions and be inquisitive.
  • Working knowledge of computer software programs, including Excel, Word, PowerPoint, etc.

What We Offer

This internship is an excellent opportunity to gain hands-on experience in the banking industry and develop your skills in a dynamic and supportive environment. We offer a competitive compensation package and opportunities for professional growth and development.



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