Commercial Lending Intern at The Bancorp in Morrisville, NC

Summary: The Bancorp is a leader in helping businesses secure impactful SBA loans that drive growth. As a Commercial Lending Intern, you will support the small business lending team by performing various activities to grow the loan portfolio and gain practical experience in corporate finance and accounting. Responsibilities: - Gathers business data through various channels including internal systems, finance and the lending management team and prepare timely reports and summaries on key department operational metrics to support executive decision-making and strategy - Prepares and reviews monthly reports - Shares relevant measures, track performance against targets and identifies opportunities and/or gaps - May make recommendations to mitigate present or future expenses/risks - Provides early and ongoing identification of financial issues and recommends controls around performance - Meets with internal partners to discuss assumptions and concerns with the data particularly the performance projections and/or best and worst case modeling of information for the reports - Analysis, forecasting, and reporting of financial and non-financial trends - Develops and utilizes spreadsheets, databases and other computer applications - Processes redesign and project management - Develops models and performing financial analysis on loan products - Supports the corporation’s internal planning and management accounting functions - Prepares loan packages - Supports the finance function by using analytical methods and tools to interpret large and complex data sets: data collection, querying and analysis - Performs other duties as assigned Required Qualifications: - Eligible to work for any employer in the United States for the full duration of the internship - Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, enrolled in a master's program or recently graduated within the past six months - Students must have a cumulative GPA of 3.0, this will be confirmed by the recruiter - Pursuing a bachelor's or master's degree directly related to the department for which the internship program is listed - Must be available for full-time internship - May not be related to any employee of The Bancorp Preferred Qualifications: - Excellent verbal, written, and interpersonal communication skills - Team player, able to work effectively in a team fostered, multi-tasking environment - Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook - Other skills required are related to problem solving, entering, and verifying data, knowledge of computers, various software applications and standard office equipment Required Skills: Microsoft Excel, Microsoft PowerPoint, Microsoft Word, Microsoft Outlook, Data analysis, Financial analysis, Financial modeling, Data querying, Use of spreadsheets, Use of databases, Use of software applications, Multi-tasking