Commercial Loan Servicing Intern

One Community BankMcFarland, WI
1dOnsite

About The Position

Join One Community Bank as a Seasonal Commercial Loan Servicing Intern and immerse yourself in a dynamic, professional environment located in McFarland, WI. This exciting opportunity allows you to work onsite, fostering valuable relationships with seasoned professionals while contributing to meaningful projects in the banking industry. As a pivotal team member, you'll gain hands-on experience, apply classroom knowledge, and engage in innovative discussions that encourage new ideas. Embrace a culture that values flexibility and a customer-focused approach, all while expanding your professional network. This internship is not just about gaining experience-it's about thinking big and seeing the upside in every challenge. Apply today to kickstart your career in banking with One Community Bank! One Community Bank: Our Story Why join One Community Bank? Our actions demonstrate our tenets: Invest in Relationships, Trust the Team, See the Upside, Encourage New Ideas and Think Big! We serve clients, support colleagues and invest in our communities because we aspire to be the Best Billion Dollar Bank in the World! The one bank that’s different from other banks. We began as a single location serving the Oregon, Wisconsin, community back in 1976. Since then, One Community Bank has grown to serve 19 locations. Come grow with One Community Bank! We have been voted a Top Work Place seven years in a row! The Commercial Loan Servicing Intern at One Community Bank will engage in a comprehensive learning experience focused on the bank's commercial loan servicing functions-from disbursement to maturity, payoff, and satisfaction. This role involves processing loan statements and notices, collaborating with a property tax tracking vendor to verify parcel numbers and payouts, and managing paid files to prepare satisfactions. Additionally, the intern will coordinate with a hazard insurance tracking vendor to ensure that proper hazard insurance policies are maintained, while efficiently scanning, indexing, and filing all essential loan documents to uphold accurate physical and digital files. A critical responsibility will also include reviewing daily reports to identify and correct any errors from the previous day, providing a thorough understanding of the commercial lending process and enhancing attention to detail within a professional banking environment.

Requirements

  • Actively pursuing a degree in Finance, demonstrating a foundational understanding of banking principles
  • Strong problem-solving skills
  • Keen attention to detail
  • Proficiency in Microsoft Office, particularly in Excel and Word
  • The ability to work both independently and collaboratively with the team

Responsibilities

  • Processing loan statements and notices
  • Collaborating with a property tax tracking vendor to verify parcel numbers and payouts
  • Managing paid files to prepare satisfactions
  • Coordinating with a hazard insurance tracking vendor to ensure that proper hazard insurance policies are maintained
  • Scanning, indexing, and filing all essential loan documents to uphold accurate physical and digital files
  • Reviewing daily reports to identify and correct any errors from the previous day
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