Business Banking Intern – Small Business Banking

Job Description

Small Business Banking Intern | Firstrust Bank

The Tone:
This is an internship at Firstrust Bank, an in-person role. Firstrust Bank is a leading financial institution and community banking institution that offers comprehensive business banking services and products to enterprises and organizations. This role is crucial for supporting the bank’s small business loan portfolio by assisting with the renewal of maturing mortgages and lines of credit, offering hands-on experience and a foundation for a career in banking.

The TL;DR
• Role: Internship
• Type: Part-Time 20 hours
• Location: In-person

• Team: Small Business Banking, working with experienced Small Business Portfolio Manager
• Mission: Support the small business loan portfolio and assist with the renewal of maturing mortgages and lines of credit.
• Tech Stack: Microsoft Office (Word, Excel, Outlook)

What You’ll Actually Do
• Renewal Monitoring: Monitor daily dashboards to assess maturing lines of credit and term loans against established renewal benchmarks.
• Renewal Coordination: Coordinate with credit officers, team leads, branch managers, or small business lenders to take appropriate steps based on renewal determinations.
• Credit Review: Analyze credit reports and review loan documentation to ensure compliance with regulatory requirements.
• Project Support: Participate in special projects, such as process improvements and product development, as assigned by management.

The Must-Haves
• Background: Actively working towards completion of a college degree in accounting, finance, or a related field, with a High School degree.
• Experience: Ability to work under supervision to learn relationship management and apply judgment, take initiative, and handle priorities.
• Skills: Proficiency with the Microsoft Office suite, including Word, Excel, and Outlook. Demonstrated strong work habits, attention to detail, and teamwork.