Small Business Banking Intern

Firstrust Bank•Conshohocken, PA

6d•Onsite

About The Position

Firstrust Bank is a leading financial institution offering comprehensive business banking services and products to enterprises and organizations. We are committed to delivering exceptional customer service, innovative financial solutions, and contributing to the economic growth of our communities. We are seeking a highly motivated and detailed oriented Business Banking Intern to join our team. As an Intern, you will gain hands-on experience in Small Business Banking, working closely with our experienced Small Business Portfolio Manager to support the loan portfolio and assist with the renewal of maturing mortgages and lines of credit. This internship provides an excellent opportunity to develop your skills, knowledge, and network in the banking industry and may lead to future opportunities with the Bank.

Requirements

High School degree and actively working towards completion of a college degree in accounting, finance, or related field.
Ability to work with supervision to learn relationship management.
Demonstrated ability to apply judgement, take initiative, handle priorities, and work under general supervision.
Strong work habits, attention to detail, and teamwork.
Proficiency with the Microsoft Office (Word, Excel, Outlook, etc.)

Responsibilities

Monitors dashboard daily to determine if maturing lines of credit or term loans pass established benchmarks for renewal. Works with credit officer, team lead, branch manager or small business lender based on determination and takes the appropriate steps based on outcome.
Credit analysis and underwriting: Analyzing credit reports, reviewing loan documentation, ensuring compliance with regulatory requirements.
Special projects: Participate in special projects, such as process improvements and product development as assigned by the Business Banking Manager or Director of Credit Delivery.