Commercial Banking Apprentice
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Job Description
About Community Financial System, Inc. (CFSI):
At Community Financial System, Inc. (CFSI), the focus is on providing customers with friendly, personalized, high-quality financial services and products. Through Community Bank, N.A., their retail division, they operate over 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. In addition to retail banking, CFSI offers commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration. CFSI is committed to its employees, offering competitive compensation, benefits, and professional development opportunities. They are an equal-opportunity workplace and affirmative-action employer.
Job Description: Commercial Banking Apprentice
This entry-level position is designed for a motivated and enthusiastic high school student (junior or senior year preferred) to join the dynamic Commercial Banking team. The Commercial Banking Apprentice will play a vital role in supporting the department’s daily operations, gaining hands-on experience and in-depth knowledge of Commercial Banking functions.
Responsibilities:
• Support the Commercial Banking team in various departments including: Middle Market Banking, Business Banking, Treasury Management and Credit Department.
• Participate in the Commercial Banking team sales meetings, customer and prospect calls as appropriate.
• Assist in portfolio maintenance for the Middle Market banking team.
• Support the market Treasury Management team with activities related to the various Treasury Management functions, such as preparing ACH documents, developing account management strategies and service for business banking customers.
• Assist the Credit Department with financial statement spreads and analysis in order for the Banking team to make loan decisions.
• Work with the commercial banking coordinators and shadow them.
• Support the Banking team with ad hoc requests or Commercial Banking projects as needed.
• Assist with daily banking operations, including customer service, data entry, and administrative tasks.
• Shadow experienced bank staff to learn about different roles and functions within the bank.
• Participate in training sessions to understand banking products, services, and regulations.
• Support the team in preparing reports, presentations, and other documentation.
• Conduct research and gather data for the final project.
• Collaborate with team members to develop and implement the project.
• Present the completed project to bank management at the end of the apprenticeship.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.
Qualifications:
• Currently enrolled in high school (junior or senior year preferred).
• Strong interest in finance, banking, or business.
• Excellent communication and interpersonal skills.
• Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
• Ability to work independently and as part of a team.
• Strong organizational skills and attention to detail.
• Willingness to learn and take on new challenges.
Benefits:
• Gain practical experience in the banking industry.
• Develop professional skills and enhance your resume.
• Receive mentorship and guidance from experienced professionals.
• Opportunity to complete a project that contributes to the bank’s operations.
• Potential for future employment opportunities.
Compensation:
• Commensurate with experience plus potential for annual merit increase.
• Competitive salary, 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts.
• Minimum: USD $16.00/Hr.
• Maximum: USD $19.67/Hr.
