Summer Intern – Credit Risk Administration

Job Description

Summer Intern – Credit Risk Administration | Webster Bank

The Tone:
This is an internship at Webster Bank, located in Southington, CT; Jericho, NY; Paramus, NJ – Hybrid. Webster Bank is a leading commercial bank founded in 1935, focused on putting people first and helping individuals, families, businesses, and colleagues achieve their financial goals. This role offers an invaluable opportunity for high-performing students to gain real-world experience within the Credit Risk Administration team, directly complementing classroom studies and contributing to a pipeline for the bank’s future leaders. Interns will engage in meaningful work, develop essential skills, and build a strong foundation for a career in banking.

The TL;DR
• Role: Internship
• Type: Seasonal
• Location: Southington, CT; Jericho, NY; Paramus, NJ (Hybrid)
• Pay: $21–$23 hourly
• Team: Credit Risk Administration (supporting this team)
• Mission: Support the Credit Risk Administration team by learning about Webster Bank’s risk management function, commercial credit policies, and loan documentation, while assisting with loan reviews and contributing to operational initiatives.
• Tech Stack: Microsoft Word, Excel, PowerPoint

What You’ll Actually Do
• Risk Management Insight: Gain insight into Webster Bank’s Risk Management function, with a specific focus on the Credit Risk Review team.
• Commercial Credit Procedures: Understand commercial credit policies and procedures for evaluating and managing loan requests and documentation.
• Loan Compliance Support: Assist the Credit Risk Review team in verifying that loans align with bank policies and documentation.
• Operational Contribution: Participate in team projects and operational initiatives to improve efficiency and productivity.
• Capstone Presentation: Develop and present a department-assigned project to managers and stakeholders at the end of the program.

The Must-Haves
• Background: Current undergraduate rising Junior or Senior enrolled in an accredited college or university, pursuing a degree in a related field with an interest in the banking/financial services industry.
• Experience: Demonstrated experience creating and delivering presentations.
• Skills: Strong analytical skills, highly organized with strong attention to detail, excellent written and verbal communication skills, self-motivated with a strong work ethic, ability to learn quickly and solve problems, collaborative and inclusive team player, and proficiency in Microsoft Word, Excel, and PowerPoint.