Job Information
State Bank of Southern Utah Intern - Credit Services in Cedar City, Utah
Description
At State Bank of Southern Utah, our core values define who we aspire to be each and every day. These values hold us accountable to each other and help us be the best version of ourselves. We look for candidates with whom our values resonate:
Make a Difference: We are actively engaged. We genuinely care. We are knowledgeable and find solutions.
Relationships Matter: We are committed to each other and our customers. We seek to understand, connect, and collaborate.
Live with Integrity: We are trusted to do the right thing. We take responsibility for our individual roles and actions.
Love What We Do: We are passionate and show up with enthusiasm. We are driven and continually look to improve.
Share Positivity: We lift each other. We interact with a positive and optimistic attitude.
Apply at State Bank of Southern Utah and be part of a team that lives by these values every day!
An intern will be hired each semester to work in the Credit Services/Loan Support Department. Though the intern will work primarily in the department they are hired for, they may be asked to assist in any and all areas of the bank. Hours are flexible and will revolve around class schedules. SBSU strives to partner with local universities to identify Junior or Senior class students to fill our internship openings.
Essential Duties And Responsibilities
Loan Documentation: Assist in collecting, scanning, tracking and organizing business and personal financial statements and tax returns. Combine documents to create borrower loan files. Assist in organizing digital loan files as well as scan loan files.
Incompletes: Remove loans files from an ‘incomplete list’ by satisfactorily filling requirements stated by the Audit and Compliance Departments.
SBA Loans: Prepare and submit Small Business Administration applications, reviews, servicing actions and liquidation packages.
Financial Analysis: Use internal tools to determine the ability of a borrower to repay debt. Spread financial statements and provide loan officers a brief analysis of borrower strengths and weaknesses.
Minimum Qualifications
Within 12 months of attaining a Bachelor’s degree in a business-related field or within 12 months of attaining an MBA or MAcc
Minimum grade point average of 3.0
No criminal record of any kind; HR will complete a thorough background check
Ability to work 18-20 hours per week
Skills
Strong competency in finance related studies
Skilled in use of Excel
Self-driven to complete tasks and seek additional responsibilities
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)