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Umpqua Bank
California, CA | Intern
$144k-184k (estimate)
2 Weeks Ago
Intern - Commercial Middle Market Banking
Umpqua Bank California, CA
$144k-184k (estimate)
Intern | Banking 2 Weeks Ago
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Umpqua Bank is Hiring an Intern - Commercial Middle Market Banking Near California, CA

Description

About Us:

Umpqua Bank is headquartered in the Pacific Northwest with 6,000 employees and offers bankingservices to customersthroughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grownto become a leading western-based regional bank withmore than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.

 

We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.

About the Internship Program:
An Internship at Umpqua Bank is more than a summer job; it’s an experience that includes:
Cohort Orientation: Interns will start on the same day in cohorts when academic schedules allow.
Project-based Assignment: Interns are assigned one specific project that serves as an extension of the classroom experience, contributes value to the Bank, and provides the intern with real-world work experience.
Biweekly Networking: Interns gather weekly for peer networking, collaboration, and to share progress updates on their projects.
Professional Development: Interns are provided with professional development opportunities.
Day of Service: Interns are immersed into our culture of giving back and serving local communities through volunteerism with one of our non-profit partners.
Lunch with Executive Leadership: Interns gather for lunch with the Executive Leadership Team and have the opportunity for casual conversations and some Q&A.
Project Presentations: Each Intern will showcase their experience and accomplishments to a group of leaders at the end of the program.

What You will Do:

The intern will be introduced to the key concepts of the loan origination process through the assigned task of underwriting a renewal credit action for an existing customer. Leading up to completion of this assignment, the intern will interact directly with Relationship Managers, Market Director, and Regional Director, be trained on financial analysis for credit decisioning, applicable credit policies and guidelines, credit memo presentation and the approval process. The assignment will culminate in a client visit and loan approval.

What You Will Learn:

This internwill gain a broad understanding of Commercial Banking through exposure to the different roles that provide expertise in providing customers with a holistic banking relationship, while observing and participating in the conversations and activities that occur to achieve the banking unit’s objectives. The candidate will have exposure to several different roles that they may want to pursue post-graduation with an understanding of career trajectory, observe how to communicate and interact in a professional setting, and get to put into practice some of the financial concepts they’ve learned in school.

About You:

A university junior or senior pursuing a degree in Finance, Accounting, Economics or other Business-related field. Additionally, they should have strong attention to detail, and financial acumen along with intermediate proficiency in MS Excel, MS Word and MS SharePoint.

Available to work full-time, forty hours weekly Monday through Friday, for thirteen weeks beginning in May or June on-site daily in Irvine, CA.

Work Style:

Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Flex Office work style which is working in office from a designated company location three days weekly with flexibility to work remotely up to two days weekly.

Our Benefits:

The pay rate for this role is $20.00 per hour. Interns are eligible to participate in the company’s 401(k)-retirement savings plan and are entitled to paid sick time and holiday pay.

Our Commitment to Diversity:

Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce.Allqualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics.If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]

To Staffing and Recruiting Agencies:

Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requesteddirectly by a member of the Talent Acquisition team. 

Job Summary

JOB TYPE

Intern

INDUSTRY

Banking

SALARY

$144k-184k (estimate)

POST DATE

04/25/2024

EXPIRATION DATE

04/28/2024

WEBSITE

umpquabank.com

HEADQUARTERS

ROSEBURG, OR

SIZE

3,000 - 7,500

FOUNDED

1999

CEO

CORT O'HAVER

REVENUE

$1B - $3B

INDUSTRY

Banking

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About Umpqua Bank

Upmqua Bank is a banking company based out of 1 Sw Columbia St, Portland, OR, United States.

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