Commercial Banking Intern

Carter Bank • Martinsville, VA

1d

About The Position

Under the direction of the Commercial Regional Executive, learns and performs various support functions related to loan and deposit sourcing, underwriting, servicing, relationship building, and overall portfolio management. ESSENTIAL JOB FUNCTIONS Works with existing and potential customers to develop new business and/or expand and retain current business Solicits total banking relationships by working with all lines of business partners to demonstrate full scope of bank products and services Interviews commercial lending applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk Work closely with credit partners in the administration of new and existing loan relationships Follows current loans and credit lines to ensure conformity with terms, bank policy, regulatory guidelines and developing trends Involves appropriate Bank personnel on larger loans and lines and keeps them informed regarding the status of the Bank’s outstanding loans Reviews outstanding loan portfolio on a timely basis to ensure that all modifications, collection of past dues, and other portfolio responsibilities are handled in a timely and accurate manner Monitors loan payments and coordinates collection activities for all past due loans Studies industrial, commercial, and financial situations relating to new or existing businessesUtilizes tools available to pull prospect lists Performs general tasks and provides general support to Commercial, Retail, Mortgage and Credit associates as neededMay represent the Bank at civic and community functions JOB REQUIREMENTS Working towards (or has obtained) Bachelor’s degree in Business, Finance, Accounting, or related field KNOWLEDGE/SKILLS REQUIRED: Strong financial aptitude Strong interpersonal skills Strong verbal and written communication skills Detail-oriented Intermediate analytical skills Proficiency in Windows-based PC systems Knowledge of Microsoft Office, especially Word, Excel and Outlook preferred Ability to perform effectively in fast-paced environment PHYSICAL AND MENTAL QUALIFICATIONS: Standing, walking, bending and stooping required Must be able to sit at a desk for long periods of time and use a computer Must be able to occasionally move or lift up to 10 pounds May be asked to work supplemental hours periodically Limited travel required occasionally during and after business hours The above statements are intended to describe the general nature and level of work being performed by the incumbent assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and/or skills required of all personnel so classified. NOT A CONTRACT

Requirements

• Working towards (or has obtained) Bachelor’s degree in Business, Finance, Accounting, or related field
• Strong financial aptitude
• Strong interpersonal skills
• Strong verbal and written communication skills
• Detail-oriented
• Intermediate analytical skills
• Proficiency in Windows-based PC systems
• Ability to perform effectively in fast-paced environment

Nice To Haves

• Knowledge of Microsoft Office, especially Word, Excel and Outlook preferred

Responsibilities

• Works with existing and potential customers to develop new business and/or expand and retain current business
• Solicits total banking relationships by working with all lines of business partners to demonstrate full scope of bank products and services
• Interviews commercial lending applicants to develop information concerning their businesses, needs, desires, abilities, and earnings to determine whether a loan may be an acceptable risk
• Works closely with credit partners in the administration of new and existing loan relationships
• Follows current loans and credit lines to ensure conformity with terms, bank policy, regulatory guidelines and developing trends
• Involves appropriate Bank personnel on larger loans and lines and keeps them informed regarding the status of the Bank’s outstanding loans
• Reviews outstanding loan portfolio on a timely basis to ensure that all modifications, collection of past dues, and other portfolio responsibilities are handled in a timely and accurate manner
• Monitors loan payments and coordinates collection activities for all past due loans
• Studies industrial, commercial, and financial situations relating to new or existing businesses
• Utilizes tools available to pull prospect lists
• Performs general tasks and provides general support to Commercial, Retail, Mortgage and Credit associates as needed
• May represent the Bank at civic and community functions

What This Job Offers

• Career Level: Intern