Credit Analyst Intern

Job Description

Credit Analyst Intern | ServisFirst

The Tone:
This is an internship at ServisFirst, located in Birmingham, AL. ServisFirst is committed to its mission, operating with a strong focus on client service. This role is essential for assessing the creditworthiness of potential clients by analyzing financial data and market conditions. The work of the Credit Analyst Intern directly supports the loan review, approval, and terms determination processes, helping the bank make informed lending decisions.

The TL;DR
• Role: Internship
• Location: In-person, Birmingham, AL
• Mission: This intern assesses client financial health to support loan decisions and terms.
• Tech Stack: Microsoft Outlook, Word, Excel

What You’ll Actually Do
• File Management: Systematically update electronic credit files by imaging and organizing related loan and financial documents to maintain accurate and accessible records.
• Credit Analysis & Underwriting: Assist in conducting thorough financial analysis and underwriting of credit for both new loan requests and existing loan maturities, utilizing tools like financial models, credit reports, and key ratios where applicable.
• Information Gathering: Proactively contact ServisFirst Loan Officers to request and gather all necessary financial information required for comprehensive analysis, including balance sheets, tax returns, and detailed financial statements.
• Client Credit Assessment: Support the evaluation process by assisting in determining the overall strength or weakness of a client’s credit profile, considering their borrowing history and market conditions, which ultimately informs the appropriate terms of the loan.
• Comprehensive Reporting: Generate and compile a variety of critical monthly reports, such as summaries for past due loans, maturing loans, collateral exceptions, outstanding appraisal fees, loan type summaries, and internal credit administration auditing; this also includes running reports on past or current loan maturities to ensure timely follow-up.

The Must-Haves
• Background: An undergraduate student currently pursuing a major in Finance, Accounting, Economics, or another closely related analytical field.
• Experience: Demonstrated experience utilizing Microsoft Outlook, Word, and Excel in a professional or academic setting. Prior experience in a role or project that demanded a high degree of attention to detail and involved data analysis.
• Skills: Possess excellent written and verbal communication skills for clear and concise interactions. Exhibit strong organizational skills and the proven ability to multi-task effectively across various assignments. Demonstrate the ability to work independently with minimal direct supervision.