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Finance and Lending Operations Intern at Asian… · New York
InternshipOn-sitePart-timeNew York, NY
Skills
microsoft officegoogle workspacesalesforcecrmdocument management systemsexcel
Job Description
Internship Opportunity Position Summary
Renaissance Economic Development Corporation (REDC), a nonprofit Community Development Financial Institution (CDFI), is seeking a motivated and detail-oriented Finance and Lending Operations Intern to assist our back-office team.
The Finance & Lending Operations Intern provides administrative and operational support to the Fiscal/Accounting and Portfolio/Loan Servicing functions within the Finance & Administration department. This role assists with document management, data entry, and loan file organization to support efficient back-office operations. The intern will gain hands-on exposure to nonprofit finance, loan servicing workflows, and internal controls within a mission-driven organization. This position reports to the Director of Finance & Administration and works closely with fiscal and portfolio staff.
Key Responsibilities (Support Role)
This role provides administrative and operational support across two core back-office functions: Fiscal/Accounting Operations and Portfolio & Loan Servicing Operations, under the supervision of the Director of Finance & Administration.
Fiscal / Accounting Operations Support
What We’re Looking For
What You’ll Gain
Internship Details
How We Work:
At Renaissance, we are committed to serving the communities we support with dedication and excellence. We are a results-driven organization focused on empowerment and impact. Our employees are accountable, pragmatic, innovative, and collaborative, with a strong commitment to community service and development. We embrace strategic thinking and a commitment to treating each other and the communities we serve with respect and dignity. We have an aptitude for technology and a strong desire to continuously learn. This philosophy expands to the way we manage our work and the way we put our best foot forward. Expectations for all staff:
Who We Are:
Renaissance’s mission is to transform low-to-moderate income (LMI) communities and under-resourced entrepreneurs in our target markets by providing affordable small business loans, training, and counseling services. We serve the New York Metro Area, including New York City, Long Island, the Mid-Hudson Valley, and New Jersey.
We are US Treasury certified Community Development Financial Institution (CDFI), Small Business Administration (SBA) Intermediary Microlender, and SBA Community Advantage (7a) lender.
Renaissance Economic Development Corporation (REDC), a nonprofit Community Development Financial Institution (CDFI), is seeking a motivated and detail-oriented Finance and Lending Operations Intern to assist our back-office team.
The Finance & Lending Operations Intern provides administrative and operational support to the Fiscal/Accounting and Portfolio/Loan Servicing functions within the Finance & Administration department. This role assists with document management, data entry, and loan file organization to support efficient back-office operations. The intern will gain hands-on exposure to nonprofit finance, loan servicing workflows, and internal controls within a mission-driven organization. This position reports to the Director of Finance & Administration and works closely with fiscal and portfolio staff.
This role provides administrative and operational support across two core back-office functions: Fiscal/Accounting Operations and Portfolio & Loan Servicing Operations, under the supervision of the Director of Finance & Administration.
- Assist accounts payable with verifying invoices or contacting vendors for proper invoices.
- Support accounts payable with preparing mailings and with Positive Pay templates for banks under supervision.
- Perform data-entry support by updating internal fiscal tracking tools (Google sheets), as assigned.
- Scan and organize accounts payable invoices and supporting documentation into designated digital filing systems.
- Prepare and deliver documents to nearby banks, associates, or external partners, and assist with obtaining signatures for approved and time-sensitive documents.
- Assist Accounts Receivable with bank reconciliations.
- File loan documents in physical storage systems, including fireproof cabinets.
- Assist with auditing physical loan files to determine retention and storage needs, under staff guidance.
- Scan and upload loan-related documents into borrower files and Salesforce to support accurate recordkeeping.
- Support loan servicing updates by entering new client information, risk ratings, and related data into internal systems, as directed.
- Mail borrower communications, including late notices sent via certified mail, following established procedures.
- Assist with printing and assembling loan closing and modification documents for internal processing and record retention.
- Provide general administrative support to the Director of Finance & Administration and back-office staff to support day-to-day operations.
- Support office coordination tasks such as organizing files, preparing mailings, and assisting with materials and supplies, as needed.
- Current college student or recent college graduate pursuing a degree in Finance, Accounting, Business Administration, Economics, Public Administration, or a related field preferred.
- Strong interest in nonprofit finance, operations, loan servicing, CDFIs, and community economic development.
- Highly organized and detail-oriented, with the ability to manage documents, data entry, and administrative processes accurately.
- Strong written and verbal communication skills and comfort working with internal teams and systems.
- Proficiency with Microsoft Office and/or Google Workspace; experience with Salesforce, accounting systems, CRM platforms, or document management systems is a plus (training provided). Excel spreadsheet experience is required.
- Ability to work independently while also collaborating as part of a mission-driven, cross-functional team.
- Demonstrated professionalism, discretion, and sound judgment when handling confidential financial, organizational, and borrower information.
- Interest in gaining hands-on exposure to nonprofit operations, internal controls, compliance, and audit support.
- Hands-on exposure to nonprofit finance and operations within a mission-driven organization.
- Practical experience supporting loan servicing, fiscal processes, and internal controls.
- Training on real-world systems such as Salesforce and internal financial tracking tools.
- Insight into compliance, audit preparation, and document management in a regulated nonprofit environment.
- Professional development through collaboration with experienced finance and operations staff.
- Schedule: Flexible; part-time (10-15 hours per week) during the semester; full-time option in summer.
- Compensation: Paid internship (hourly rate, commensurate with experience).
- Location: NYC – Manhattan Office.
At Renaissance, we are committed to serving the communities we support with dedication and excellence. We are a results-driven organization focused on empowerment and impact. Our employees are accountable, pragmatic, innovative, and collaborative, with a strong commitment to community service and development. We embrace strategic thinking and a commitment to treating each other and the communities we serve with respect and dignity. We have an aptitude for technology and a strong desire to continuously learn. This philosophy expands to the way we manage our work and the way we put our best foot forward. Expectations for all staff:
- Support efforts that ensure a safe and healthy work environment.
- Appreciates the value of working collaboratively with individuals who bring a wide range of perspectives, experiences, and ways of thinking.
- An understanding of how systems and structures can affect people's opportunities and experiences in different settings.
- Maintain a positive, helpful attitude.
- Enjoy your time at work!
Who We Are:
Renaissance’s mission is to transform low-to-moderate income (LMI) communities and under-resourced entrepreneurs in our target markets by providing affordable small business loans, training, and counseling services. We serve the New York Metro Area, including New York City, Long Island, the Mid-Hudson Valley, and New Jersey.
We are US Treasury certified Community Development Financial Institution (CDFI), Small Business Administration (SBA) Intermediary Microlender, and SBA Community Advantage (7a) lender.