Financial Services Trainee

2 weeks ago


Waite Park, Minnesota, United States Magnifi Financial Credit Union Full time

About Us:

At Magnifi Financial Credit Union, we foster a collaborative and supportive environment that prioritizes the growth and development of our employees, ensuring a positive workplace culture.

Recognized as a Top 200 Workplace for nine consecutive years, our organization is dedicated to fulfilling the aspirations of our members. Our mission is to enhance the lives of our members and the community through strength, service, and growth.

With a membership exceeding 90,000, assets surpassing $2 billion, and a workforce of over 400 employees across more than 25 locations in Minnesota, we remain committed to serving our members and communities.


Internship Opportunities:

As an intern, you will have the chance to:

  • Assist members with their banking inquiries and requirements.
  • Build professional and enduring relationships within the banking sector.
  • Engage in community-focused initiatives.
  • Participate in regular team meetings.
  • Take part in training sessions.
  • Explore career paths aligned with your academic focus or interests, such as Commercial and Agricultural Lending, Mortgage Lending, Financial Advising, Credit Analysis, Operations, Accounting, etc.
  • Network with fellow interns at organized events.
  • Contribute to assigned projects.

Learning Outcomes:
  • Understand and apply Magnifi Financial's member service standards while gaining experience in professional interactions with members both in-person and via phone.
  • Acquire skills in processing financial transactions with accuracy and efficiency.
  • Familiarize yourself with Magnifi Financial's product offerings and operational procedures.
  • Gain experience in managing a cash drawer.
  • Learn about the sales process at Magnifi Financial, including how to sell and recommend products and services, and make referrals to other departments.
  • Understand deposit accounts and compliance regulations, including BSA, Reg D, Reg CC, etc., and gain practical experience in applying these regulations.

Internship Requirements:

Educational Background:
Currently pursuing a 2- or 4-year degree with a focus on finance.

  • A positive attitude.
  • Strong communication and relationship-building skills, reflecting Magnifi Financial's values in the community.
  • Ability to maintain confidentiality.
  • Capability to thrive in a dynamic environment with shifting priorities and minimal supervision.

Work Schedule:

  • Full-time commitment, typically 40 hours per week.
  • Standard hours are generally between 8 am and 5 pm, Monday through Friday, with occasional weekend shifts.


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