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Commercial Credit Underwriting Internship
- Liberty Bank (Middletown, CT)
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At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the workplace and communities we serve. We take pride in promoting a socially responsible and sustainable future through initiatives and investment.
OVERVIEW:
Summer interns will complete a 10-week internship located full-time on site in Middletown, CT. Liberty Bank is proud to host a dynamic and diverse internship program designed to cultivate the next generation of banking and finance professionals. Through this immersive internship, participants will have the opportunity to work closely with seasoned professionals, contribute to real world projects and develop essential skills that will prepare them for successful careers in the financial services industry and beyond!
SUMMARY OF THE JOB:
Reporting to the Commercial Credit Manager, the Intern will shadow and cross-train with the Underwriting team to gain comprehensive exposure to the commercial lending lifecycle. This role focuses on developing technical skills in financial analysis, regulatory compliance, and risk assessment through hands-on experience with the bank’s lending platforms and portfolio management processes.
ESSENTIAL FUNCTIONS:
+ Financial Statement Analysis: Perform comprehensive financial spreading via Sageworks/Abrigo software and analyze financial statements, including accounts receivable and payable agings, for commercial clients.
+ Credit Information Gathering: Gather and review related credit materials and information from credit bureaus, reporting services, and other external companies to support the underwriting process.
+ Industry Research: Utilize industry-specific platforms such as IBISWorld and CoStar to research and incorporate relevant market data into underwriting analysis and reports.
+ Cross-Functional Support : Cross-train under the guidance of Team Leaders, the Credit Manager, and Senior Credit Underwriters to develop a holistic understanding of the credit and underwriting functions.
+ Other duties as assigned.
MINIMUM REQUIREMENTS:
+ Currently pursuing a Bachelor’s or Master’s degree. Preferred candidates to be majoring in Finance, Accounting, Business Administration or related field.
+ Strong written and verbal communication skills
+ Demonstrated computer skills including Microsoft Office
+ Proven analytical skills
+ Proven critical thinking skills
+ Strong organizational skills
PHYSICAL REQUIREMENTS:
+ General Office Equipment
+ Keyboard Dexterity
+ Lifting/carrying up to 25 lbs.
+ Ability to travel.
COMPLIANCE:
Acts affirmatively in all activities under his/her control in conformance with the Bank’s Affirmative Action, Equal Employment Opportunity, and Fair Lending Programs to achieve the Bank’s goals and objectives. The bank shall provide equal employment opportunity to all qualified persons, and continue to recruit, hire, train and evaluate persons in all jobs without regard to race, color, religion, sex, national origin or veteran status.
Liberty Bank is an Equal Opportunity employer. It is the policy of Liberty Bank to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.
Job Details
Job Family Credit Risk Mgmt
Job Function Staff
Pay Type Hourly
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