Commercial Banking Summer Intern

Posted: Friday, 20 December 2024
Valid Thru: Sunday, 19 January 2025
Index Requested on: 12/21/2024 01:29:20
Indexed on: 12/21/2024 01:29:20

Location: Peabody, MA, 01960, US

Industry: Banking
Occupational Category: 11-0000.00 - Management
Type of Employment: FULL_TIME

Rockland Trust is hiring!

Description:

Being an intern is an incredible opportunity to gain real-life work experience, build professional skills and establish connections. Rockland Trust feels that internships should include meaningful work. As a valued team member, interns are immersed in real projects that make a tangible impact, allowing them to apply their academic knowledge while developing critical professional skills. With the chance to collaborate across departments, interns at Rockland Trust can expand their network and gain valuable insights into their chosen field. Additionally, Rockland Trust fosters a supportive and caring culture encouraging interns to grow and find their path. We have witnessed many stories of interns building long-lasting careers at the Bank.

Rockland Trust is a community-oriented bank with a rich history of providing exceptional banking services to individuals and businesses across New England. We are committed to offering tailored solutions in commercial banking, including lending, treasury management, and credit services. Our culture of collaboration, integrity, and innovation makes Rockland Trust an exciting place to grow your career.

We are seeking motivated, ambitious rising juniors and seniors to join our Commercial Banking Summer Internship Program. This is an excellent opportunity to gain hands-on experience in the commercial banking industry and learn from experienced professionals who are dedicated to your professional growth.

Job Overview:

The Commercial Banking Summer Intern will work closely with Rockland Trust's Commercial Banking team, supporting various functions within the department. This internship will provide exposure to the world of commercial lending, client relationship management, and credit analysis, among other aspects of the business. Interns will gain valuable insights into the daily operations of a leading community bank while developing skills that are essential for a successful career in commercial banking. The position is in the office Monday-Friday, 8: 30 a.m. - 5 p.m.

Key Responsibilities:

  • Assist Relationship Managers in managing client portfolios, preparing reports, and conducting financial analysis
  • Conduct research on industry trends, competitor activities, and analyze the client base.
  • Support the loan application process, including documentation and underwriting. Assist in managing the client onboarding process.
  • Help maintain accurate client records, prepare reports for internal meetings, and assist in data analytics for executive presentations.
  • Participate in team meetings and collaborate across teams on various projects
  • Perform small research projects as needed and participate in customer outreach efforts to gain insights into client needs and business opportunities.

Qualifications:

  • Currently enrolled as a rising junior or senior at an accredited college or university, pursuing a degree in Finance, Economics, Business, or a related field.
  • Excellent analytical skills, with an ability to interpret financial data and produce meaningful reports.
  • Strong communication skills, both written and verbal, with the ability to interact professionally with clients and colleagues.
  • Proficient in Microsoft Office Suite (Excel, Word, PowerPoint); familiarity with financial modeling tools is a plus.
  • Ability to work independently, manage time effectively, and prioritize tasks in a fast-paced environment.
  • A strong interest in commercial banking, financial services, and business operations.

Preferred Qualifications:

  • Previous internship or work experience in finance, banking, or related fields is a plus.
  • Familiarity with credit analysis or financial modeling is advantageous.
  • A proactive, team-oriented attitude with the ability to adapt to new challenges.
  • Rising Junior or Senior in College

What You Will Gain:

  • Exposure to a wide range of commercial banking activities, including lending, client management, and financial analysis.
  • Hands-on experience with real-world banking processes and financial tools.
  • Networking opportunities with experienced bankers and industry professionals.
  • Mentorship from senior leaders in Commercial Banking at Rockland Trust.
  • A chance to explore career opportunities within a leading community-focused financial institution.
  • Competitive internship compensation (if applicable).

At Rockland Trust you'll find a respectful and inclusive environment where everyone is given the chance to succeed. We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Responsibilities:

Please review the job description.

Educational requirements:

  • high school

Desired Skills:

Please see the job description for required or recommended skills.

Benefits:

Please see the job description for benefits.

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