Credit Intern

Alerus • Minnetonka, MN

3d • $20 • Onsite

About The Position

Our 10-week summer internship program (approx. June 8 - August 14) offers hands-on learning experience under the guidance of experienced banking professionals. The Credit Intern will work directly with our credit and underwriting teams to learn about the Alerus credit approach, underwriting process, and lending cycle.

Requirements

• Student pursuing undergrad degree with anticipated graduation date between June 2025 - June 2026.
• Strong interest in business and finance, though no specific major is required.
• Basic understanding of accounting principles or relevant accounting coursework strongly preferred.
• Highly organized; ability to manage and prioritize multiple tasks and deadlines simultaneously.
• Strong analytical, problem-solving and critical thinking skills.
• Ability to work independently and as part of a team within a professional setting.
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint).

Responsibilities

• Learn and understand credit approach and underwriting process.
• Learn and understand the overall lending cycle and wide range of banking products.
• Participate in loan committee meetings.
• Learn the basics about spreading and analyzing financial statements.
• Help prepare credit presentations by working directly with bankers and underwriters for credit approval.
• Working in partnership with credit team members, prepare financial spreads and credit presentations.
• Work on various department projects to help foster efficiencies.
• Shadow other departments to develop a holistic understanding of the banking industry.

What This Job Offers

• Career Level: Intern