What are the responsibilities and job description for the Intern – Special Assets Department position at Fremont Bank?
Job Title: Intern – Special Assets Department
Location: Livermore, CA
Hiring Salary Range: $20.00 per hour
Position Summary
Fremont Bank — one of the Bay Area’s most respected and long-standing financial institutions — is seeking a strategic, hands-on intern to join and help advance our Commercial Special Assets team. This is a high-impact opportunity to contribute to the success of a mission-driven organization committed to excellence, community service, and strong client relationships.
If you're energized by purpose-driven work, collaboration, and delivering meaningful results, we’d love to connect.
Why Fremont Bank?
Founded in 1964, Fremont Bank is one of the oldest independently owned banks in the Bay Area and has been consistently recognized as a Top Workplace for the past 15 consecutive years. Our foundation is built on relationships — with our clients, our associates, and our communities.
We offer:
The Special Assets department is responsible for monitoring, working out, and when necessary, liquidating loans to troubled borrowers. This unique function focuses on managing higher‑risk credit situations and ensuring appropriate handling of distressed loan relationships.
Position Overview
The intern will gain exposure to the legal aspects of loan documentation and develop foundational skills in financial analysis. This role provides hands‑on experience in understanding how loan agreements are structured, reviewed, and applied, while also building analytical abilities used in evaluating borrower financial information.
Role And Responsibilities
The Intern will gain a basic understanding of Commercial Lending, a basic understanding of Commercial loan monitoring coupled with an understanding of red flags that provides a warning signal of a potential problem loan. The Intern will also develop business process analysis skills and business process documentation skills.
What Makes Fremont Bank Associates Thrive?
Fremont Bank is proud to be an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees, regardless of race, color, religion, sex, gender identity, sexual orientation, national origin, age, disability, veteran status, or any other protected classification.
Note to Search Firms:
Fremont Bank does not accept unsolicited resumes from search firms or agencies without a signed service agreement. Unsolicited resumes will be considered the property of Fremont Bank, and no fees will be paid.
Location: Livermore, CA
Hiring Salary Range: $20.00 per hour
Position Summary
Fremont Bank — one of the Bay Area’s most respected and long-standing financial institutions — is seeking a strategic, hands-on intern to join and help advance our Commercial Special Assets team. This is a high-impact opportunity to contribute to the success of a mission-driven organization committed to excellence, community service, and strong client relationships.
If you're energized by purpose-driven work, collaboration, and delivering meaningful results, we’d love to connect.
Why Fremont Bank?
Founded in 1964, Fremont Bank is one of the oldest independently owned banks in the Bay Area and has been consistently recognized as a Top Workplace for the past 15 consecutive years. Our foundation is built on relationships — with our clients, our associates, and our communities.
We offer:
- A people-first culture grounded in inclusion and excellence
- Deep community involvement and local reinvestment
- A mission-driven workplace where values and performance go hand in hand
- Full-Service Banking with comprehensive financial solutions, advanced technology, and exceptional service
- No-Compromise Approach — we help clients get to "yes"
- Core Values:
- Go above and beyond for clients
- Foster a supportive and empowering environment for associates
- Deeply invest in the well-being of our local community
The Special Assets department is responsible for monitoring, working out, and when necessary, liquidating loans to troubled borrowers. This unique function focuses on managing higher‑risk credit situations and ensuring appropriate handling of distressed loan relationships.
Position Overview
The intern will gain exposure to the legal aspects of loan documentation and develop foundational skills in financial analysis. This role provides hands‑on experience in understanding how loan agreements are structured, reviewed, and applied, while also building analytical abilities used in evaluating borrower financial information.
Role And Responsibilities
- Assist the Manager in Review existing process and procedure documentation with various functional subject matter experts to identify necessary updates as well as potential areas for improvements.
- Developing new policies and procedures dealing with CECL and enhancing current policies and procedures
- Create new template(s) and transfer updated documentation into new template(s)
- Assist in analyzing borrowers' financial statement(s)
- Excellent research and writing skills
- Strong communication abilities
- Experience with Microsoft Office Suite
- Time management and critical thinking skills
- Ability to take initiative
- Attends weekly 1-on-1 meetings with the reporting manager
- Participates in project status meetings
- Attends a meeting with a company experiencing financial problems for real‑world exposure
The Intern will gain a basic understanding of Commercial Lending, a basic understanding of Commercial loan monitoring coupled with an understanding of red flags that provides a warning signal of a potential problem loan. The Intern will also develop business process analysis skills and business process documentation skills.
What Makes Fremont Bank Associates Thrive?
- Team Players who go above and beyond to support their colleagues
- Action-Oriented professionals who challenge the status quo and seek improvement
- Purpose-Driven individuals who understand and champion the bank’s community impact
Fremont Bank is proud to be an Equal Opportunity Employer. We are committed to creating an inclusive environment for all employees, regardless of race, color, religion, sex, gender identity, sexual orientation, national origin, age, disability, veteran status, or any other protected classification.
Note to Search Firms:
Fremont Bank does not accept unsolicited resumes from search firms or agencies without a signed service agreement. Unsolicited resumes will be considered the property of Fremont Bank, and no fees will be paid.
Salary : $20