What are the responsibilities and job description for the Commercial Credit Intern position at University Bank?
Description
In-Office - Hybrid
Duration : 12 months
General Job Summary
The Commercial Credit Intern is responsible for utilizing the Bank’s system to spread and analyze borrower’s financial statements and assist in preparing detailed credit presentations. This position is also responsible for assisting in the quality preparation of monthly management reporting. The Commercial Credit Intern is also responsible for assisting in vendor management with the completion of Vendor Credit Reviews. The position provides support and backup to other Credit Administration functions.
Summary of Essential Job Functions
- Review, spread and analyze borrower’s and prospective borrower’s financial statements for new credit requests, renewals and annual credit review situations.
- Analyze Dunn and Bradstreet Business Information Reports to complete Vendor Credit Reviews for all divisions of the Bank.
- Review and analyze financials to complete Third Party Originator Credit Reviews for the warehouse lending division.
- Assist in the review of real estate appraisals and evaluations for consumer and commercial real estate loans.
- Assist Commercial Credit Team Lead in monitoring borrower covenant compliance and financial document management.
- Prepare the following reports without error:
- Record of Loan Approvals
- Loans Approved / Funded Report
- Available Balance Lines
Other Job Functions
- Obtain and analyze Dunn and Bradstreet Business Information Reports and Credit Reports as requested.
- All other duties as assigned by management.
Overall Performance Requirements
- Complete all assigned training in a timely manner.
- Provide professional communication in both oral & written expression.
Requirements
Education, Training and Work Experience
- Currently working to complete a Bachelor’s Degree in Business, Finance, or Economics.
- High school diploma (or equivalent) required.
Knowledge, Skills and Abilities
- Excellent organizational, time management & analytical skills
- Able to communicate effectively (verbal and written)
- Proficient in MS Office products (particularly Excel & Word)
- Thorough understanding of financial statements
- Able to prioritize, has a sense of urgency
- High degree of accuracy
- High degree of dependability
- Ability to manage highly confidential information
- Able to effectively problem solve
- Excellent organizational, time management & analytical skills
Working Environment
Primary working environment is within an indoor climate-controlled office space. Employee may be subject to florescent lighting, dust, and other normal indoor-allergens. Employee will work in close proximity of coworkers and occasionally independently in quiet environments. Frequently standing or moving around.
Physical Requirements
- Able to lift up to 20 pounds
- Travel by foot in outdoor environments where it can slippery/etc.
- Extended periods of sitting (at computer desk)
- Complete repetitive tasks (including operation of computer mouse/keyboard)
Disclaimer
The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
**University Bank is an Equal Opportunity / Affirmative Action Employer**