Intern

Accounts•Bedminster, NJ

4d•Onsite

About The Position

The job posting describes multiple internship opportunities at Peapack-Gladstone Bank across commercial lending operations, commercial real estate, credit risk management, ERM/compliance, information technology, internal audit, investment banking, legal, personal banking operations, and wealth management. Interns receive exposure to banking functions and may support analysis, projects, process improvement, documentation, reporting, research, and client or transaction work, depending on the assigned team. Positions are located in Bedminster, NJ; Melville, NY; or New York City, NY, as specified for each opportunity. The Commercial Lending Operations Collateral Administrator Intern supports the Collateral Management team through automation, reporting, data analysis, quality control, documentation, and process improvement initiatives. The Commercial Real Estate intern gains an introduction to CRE lending and works with the team on loan deals and related topics. Credit Risk Management interns analyze businesses and prospective clients, participate in loan discussions, and support loan evaluation and portfolio monitoring. The ERM/Compliance intern is exposed to enterprise risk management and regulatory compliance functions. The Information Technology intern learns about bank technology platforms and infrastructure, supports bank-wide technology, and works with the IT team on projects and technology rollouts. The Internal Audit intern participates in audit procedures and explores automating audit procedures, with a primary focus on IT general controls and potential work in other audit areas. The Corporate Advisory Summer Analyst supports the Investment Banking Division’s Corporate Advisory Group, which serves middle-market clients on M&A, private capital raising, and corporate finance projects. The role includes client and transaction involvement. The Legal intern works under the bank’s attorneys on research, agreements, legal process, and departmental projects. The Personal Banking Operations Intern supports process improvement, project coordination, and data analysis. The Wealth Management internship supports Financial Planning and Client Service teams, with exposure to financial planning work, client service operations, documentation, systems, and client-service projects. Interns are paid $20 per hour.

Responsibilities

Identify opportunities to automate manual collateral management processes involving UCC, Lee & Mason, and Lereta.
Assist in developing and testing reports, dashboards, and workflow solutions within JH and EDW.
Analyze data for trends, exceptions, and process improvement opportunities related to loan documentation.
Support data validation, system cleanup, and quality control.
Create process documentation and standard operating procedures.
Assist with technology initiatives related to collateral tracking and portfolio management.
Gain exposure to commercial real estate lending and work on loan deals with the team, including learning about industry fundamentals, credit and underwriting basics, site visits and property tours, lending processes and deal structuring, deposits and relationship banking, and industry topics.
Spread and analyze businesses and perform due diligence on prospective clients.
Attend meetings discussing commercial credit proposals presented by Loan Officers.
Assist in evaluating proposed loans for credit risk and preparing loan proposals.
Conduct industry analysis, market analysis, and property inspections.
Attend loan discussion meetings and assist in managing and monitoring the Commercial/Community Banking loan portfolio.
Support bank-wide technology and work with the IT team on projects and major technology rollouts.
Participate in business-as-usual audit procedures and explore using artificial intelligence to automate repeatable audit procedures.
Perform company and industry research for client engagements and marketing opportunities.
Collect and analyze information from internal and external sources.
Develop financial models with support and supervision, including three-statement models and valuation assessments using various methodologies.
Research potential financial and strategic buyers for assignments.
Help prepare transaction documentation and marketing materials, including information memoranda, pitch books, corporate profiles, and market data and analysis.
Help organize investment banking CRM systems and coordinate marketing campaigns.
Develop working knowledge of financial databases and systems, including Capital IQ, Pitchbook, and DealCloud.
Research legal questions; assist in reviewing, analyzing, and drafting customer and third-party agreements; and help assess subpoenas, levies, and other legal process.
Contribute to legal strategy and departmental operations projects, including responsible AI use, outside-counsel onboarding, and workflow improvements.
Review, update, and standardize internal procedure documents and job aids.
Track project deliverables, milestones, and timelines in project logs or tracking tools.
Assist in creating project status updates, dashboards, or summaries for leadership.
Prepare meeting agendas, capture notes, and follow up on assigned action items.
Gather input from multiple departments to support cross-functional coordination.
Build simple reports, charts, or presentations to communicate findings.
Support implementation of corrective process actions and process refinements.
Learn about personal financial planning, examine financial plan inputs and outputs, and work on preparing a cash flow analysis.
Design and execute a personal finance project relevant to college students and new graduates.
Participate in weekly Financial Planning Team meetings and monthly Financial Planning Lunch meetings.
Learn how Client Service Officers partner with other Wealth Management roles and teams to support clients.
Observe client-service workflows for account opening, account maintenance, money movement, client inquiries, and ongoing relationship support.
Assist with organizing and maintaining client and account documentation under the direction of the Client Service team.
Assist with client service projects, process documentation, and efforts to improve consistency, efficiency, and client experience.
Participate in Client Service and other relevant Wealth team meetings.
Learn how the team uses CRM, custodial platforms, portfolio reporting tools, and internal workflow resources.
Research assigned operational or client-service topics and present findings or recommendations to the team.