Finance and Lending Operations Intern

Asian Americans for Equality • New York, NY

1d • Onsite

About The Position

Renaissance Economic Development Corporation (REDC), a nonprofit Community Development Financial Institution (CDFI), is seeking a motivated and detail-oriented Finance and Lending Operations Intern to assist our back-office team.
The Finance & Lending Operations Intern provides administrative and operational support to the Fiscal/Accounting and Portfolio/Loan Servicing functions within the Finance & Administration department. This role assists with document management, data entry, and loan file organization to support efficient back-office operations. The intern will gain hands-on exposure to nonprofit finance, loan servicing workflows, and internal controls within a mission-driven organization. This position reports to the Director of Finance & Administration and works closely with fiscal and portfolio staff.

Requirements

• Current college student or recent college graduate pursuing a degree in Finance, Accounting, Business Administration, Economics, Public Administration, or a related field preferred.
• Strong interest in nonprofit finance, operations, loan servicing, CDFIs, and community economic development.
• Highly organized and detail-oriented, with the ability to manage documents, data entry, and administrative processes accurately.
• Strong written and verbal communication skills and comfort working with internal teams and systems.
• Proficiency with Microsoft Office and/or Google Workspace; experience with Salesforce, accounting systems, CRM platforms, or document management systems is a plus (training provided). Excel spreadsheet experience is required.
• Ability to work independently while also collaborating as part of a mission-driven, cross-functional team.
• Demonstrated professionalism, discretion, and sound judgment when handling confidential financial, organizational, and borrower information.
• Interest in gaining hands-on exposure to nonprofit operations, internal controls, compliance, and audit support.

Responsibilities

• Assist accounts payable with verifying invoices or contacting vendors for proper invoices.
• Support accounts payable with preparing mailings and with Positive Pay templates for banks under supervision.
• Perform data-entry support by updating internal fiscal tracking tools (Google sheets), as assigned.
• Scan and organize accounts payable invoices and supporting documentation into designated digital filing systems.
• Prepare and deliver documents to nearby banks, associates, or external partners, and assist with obtaining signatures for approved and time-sensitive documents.
• Assist Accounts Receivable with bank reconciliations.
• File loan documents in physical storage systems, including fireproof cabinets.
• Assist with auditing physical loan files to determine retention and storage needs, under staff guidance.
• Scan and upload loan-related documents into borrower files and Salesforce to support accurate recordkeeping.
• Support loan servicing updates by entering new client information, risk ratings, and related data into internal systems, as directed.
• Mail borrower communications, including late notices sent via certified mail, following established procedures.
• Assist with printing and assembling loan closing and modification documents for internal processing and record retention.
• Provide general administrative support to the Director of Finance & Administration and back-office staff to support day-to-day operations.
• Support office coordination tasks such as organizing files, preparing mailings, and assisting with materials and supplies, as needed.

Benefits

• Hands-on exposure to nonprofit finance and operations within a mission-driven organization.
• Practical experience supporting loan servicing, fiscal processes, and internal controls.
• Training on real-world systems such as Salesforce and internal financial tracking tools.
• Insight into compliance, audit preparation, and document management in a regulated nonprofit environment.
• Professional development through collaboration with experienced finance and operations staff.

What This Job Offers

• Job Type: Part-time
• Career Level: Intern
• Number of Employees: 11-50 employees