Commercial Banking Intern

Cross Functional Seattle, Washington

Description

The Commercial Banking intern will have exposure to and responsibility for providing assistance and support to Commercial Bankers through a variety of tasks and projects, including but not limited to by performing analysis on of financial statements, tax returns, and cash flow for borrowers, and supporting department projects as needed.

Position Summary:

Columbia Bank is proud to offer internship opportunities to college students looking to pursue a career in banking. Our internship program provides both real world work experience as well as opportunities to serve in our local communities. Columbia Banks community banking philosophy places the highest priority on relationship-based customer service and providing a positive work environment, while striving to make meaningful contributions to each of the communities it serves. We truly believe that our people make the difference.

The Commercial Banking intern will have exposure to and responsibility for providing assistance and support to Commercial Bankers through a variety of tasks and projects, including but not limited to by performing analysis on of financial statements, tax returns, and cash flow for borrowers, and supporting department projects as needed.

Responsibilities and Opportunities:

  • Opportunity to explore a variety of roles and positions within a regional community bank
  • Learn new technology, quickly in a complex environment
  • Researches client's banking relationship and credit history
  • Determines strengths and weaknesses of the credit
  • Appropriately analyzes collateral values
  • Identifies and mitigates policy exceptions
  • Analyzes financial trends (income statements, cash flow, etc.)
  • Conducts pricing model to establish profitability.
  • Reviews and maintains commercial credit files for completeness
  • Develop knowledge of banking/financial terminology and regulations
  • Read, understand, and follow Columbia Bank's loan policy and all pertinent Standard Operating Procedures.
  • Participate in training opportunities as presented.
  • Maintain regular and reliable attendance.
  • Perform related duties and responsibilities as required.

Minimum Job Requirements:

  • Working knowledge of Microsoft Office Suite (Excel, Word, Power Point, etc)
  • General interest and/or understanding of data analysis as it relates to banking
  • A basic understanding of financial statements
  • Manage work projects through interruptions and shifting priorities, while meeting deadlines
  • Demonstrated high level of customer service
  • Currently enrolled in college or graduate level courses and pursuing a degree/advanced degree in a relevant or related field of interest
  • Commit to 10+ weeks of continuous, full-time work during the summer
  • Must provide own living arrangements and transportation

Values and Behaviors:

  • Build enduring RELATIONSHIPS with clients and each other.
  • Drive INNOVATION that simplifies life and work.
  • Seek continuous GROWTH in your personal and professional development.
  • Commit with HEART to serve others.
  • Extend TRUST in order to receive it.

Physical and Mental Requirements: 

  • Ability to sit at a computer monitor for extended periods of time
  • Ability to perform repetitive finger, hand, and arm movements
  • Ability to lift up to 15lbs.
  • Ability to effectively discern information and formulate appropriate action
  • Ability to reach, squat, bend, and manually manipulate standard office equipment
  • Ability to drive to various locations
  • Ability to think critically and provide appropriate solutions