Intern - Commercial Loan Servicing (Summer 2026)

Commerce Bank

109d • $20 - $20

About The Position

About Working at Commerce Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you. Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. Compensation Range Hourly: $20.00 - $20.00 (Amount based on relevant experience, skills, and competencies.) About This Job Commercial Loan Servicing (CLS) provides back-office operations support for commercial, business banking, and various specialty lending products. We work directly with the Sales and Credit teams to remove roadblocks and complete operational tasks that allow Commerce to meet the customer’s commercial lending needs. Operational tasks performed by CLS can include loan document preparation, loan accounting, collateral monitoring and perfection, and legal and regulatory review. CLS provides an excellent base for understanding commercial lending. Former members of CLS have been able to take their foundational learning and turn it into careers throughout the bank in many different areas, including CLS Management, Commercial and Small Business Sales, Credit, Portfolio Administration, Strategic Management, Specialty Lending, and Systems Administration. The summer internship session will begin on Tuesday, May 19, 2026, and will run for 11 weeks, ending on Friday, July 31, 2026. Internships are paid, full-time opportunities with a Monday through Friday work schedule. *Must be eligible to work in the U.S. without sponsorship.

Requirements

• Ability to analyze, interpret, and understand loan and/or attorney-prepared documents with a high degree of accuracy
• Capacity to work in a fast-paced, deadline-driven environment
• Exceptional customer service skills
• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
• Inquisitive, agile, strong team player with excellent written, verbal and interpersonal communication skills
• Ability to remain adaptable and resilient to all situations with an optimistic outlook

Nice To Haves

• Knowledge of commercial loan or attorney-prepared documentation
• Knowledge of Federal Banking regulations and procedures
• Accounting or banking experience

Responsibilities

• Completing a preliminary review of loan submissions to ensure regulatory and legal compliance
• Preparing loan documents in accordance with Commerce Bank’s credit policy
• Interpreting complex loan documents to set up loans on the loan accounting system
• Posting loan transactions and providing loan accounting problem resolution
• Interpreting loan documents to file collateral perfections and/or releases with the appropriate agencies
• Providing ongoing monitoring and reporting for collateral-securing commercial loans
• Completing a post-closing review to ensure all documentation is in compliance, protecting the Bank from unnecessary risk
• Working closely with customer-facing commercial loan staff to assist in meeting the customer’s needs
• Performing other duties as assigned

Benefits

• Employer sponsored health, dental, and vision insurance
• 401(k)
• Life insurance
• Paid vacation
• Paid personal time
• Career development
• Education assistance
• Voluntary supplemental benefits

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: High school or GED
• Number of Employees: 1,001-5,000 employees