What are the responsibilities and job description for the Credit Intern position at Mercantile Bank?
See what Commercial Banking is all about with Mercantile Bank. Learn from an experienced, professional team of community-based mentors. We are looking to hire Credit Interns in Grand Rapids, Mt. Pleasant, Troy, Lansing, or Kalamazoo, MI. Receive the best Commercial Credit training in the state and then have an opportunity to continue a career in banking with us after graduation.
Core Responsibilities:
- Participate in best-in-class training and work with us for one full year
- Learn how to assess business financial statements to determine lendability
- Explore Mercantile and future careers in banking
Why Mercantile Bank?
Mercantile Bank was founded by entrepreneurs who believed building strong relationships and communities is accomplished through collaboration and innovation. It's more than being a financial institution, it's being a trusted ally and community partner. As Michigan's largest community bank, our roots are deeply embedded in the diverse communities we serve. Our commitment to our customers and community is at the core of all we do.
This position earns competitive starting pay with many career paths and advancement opportunities. We have beautiful workspaces with sit-to-stand desks, open spaces to collaborate with others, and close mentors.
A Look into Your Day
You will start your experience as a Credit Intern with a group of other energetic college students who are ready to learn what it takes to have a career in banking and finance. You will work full-time during the summer and your first several weeks will be filled with required credit training in Grand Rapids, MI. After your training is complete you will work with full-time Credit Analysts and learn how to conduct thorough assessments of client financial information. You will learn how companies make money by examining crucial factors such as cash flow, collateral, and guarantor support. You will understand the value of strong communication skills (written and verbal) in a professional office environment by learning what it takes to support a growing commercial lending team.
During your year-long internship, you will have the opportunity to explore what a career in banking would look and feel like. You may participate in job shadows with other departments and are encouraged to participate in community activities.
You will have regular coaching sessions with your manager to ask questions and gain valuable insights to your career and education. Take full advantage of working alongside other college students and community-oriented professionals to build your network.
What We're Looking For
Are you ambitious and eager to learn? Do you take pride in sticking to a task until it's complete? Are you attentive to detail? Do you take initiative? Are you mathematically and analytically minded? If yes, you might just be perfect for this position!
Requirements:
- Working to achieve a bachelor's degree in finance, accounting or business economics
- College GPA of 3.2
Preferred Qualifications:
- College GPA of 3.5 or higher
- A minimum of two college level accounting courses
- Previous internship experience in business or finance
- Desire to pursue a career in banking
Work Schedule
As a Credit Analyst Intern, you will work with us for one year. Your schedule will be full-time during the summer and part-time during the school year. We will work with your school schedule during the school year. Most of our interns work 15-20 hours.