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Lending Intern Jobs in Indiana (NOW HIRING)

Forvis Mazars

Description & Requirements As an intern, you will be working with our Loan Review team to support ... You will learn loan review and credit analysis abilities to help assess credit risk for lending ...

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Lending Intern information

What does a lending intern do?

A Lending Intern typically assists the lending department of a bank, credit union, or other financial institution. Their responsibilities may include reviewing loan applications, gathering client documentation, conducting financial analysis, and supporting loan officers with administrative tasks. This internship provides hands-on experience in the lending process and helps interns learn about credit evaluation, risk assessment, and customer service. It is a valuable opportunity for students interested in finance or banking to develop practical skills and industry knowledge.

What types of projects and tasks can a lending intern expect to work on during their internship?

As a Lending Intern, you can expect to support loan officers and underwriting teams by assisting with application processing, performing credit analysis, and preparing documentation for loan approvals. You may also help with customer outreach, data entry, and compliance checks, gaining exposure to the full loan cycle. Working closely with experienced professionals, you'll develop a practical understanding of lending operations and have opportunities to shadow meetings or participate in training sessions, setting a strong foundation for a career in financial services.

What are the key skills and qualifications needed to thrive as a lending intern, and why are they important?

To thrive as a Lending Intern, you need a solid understanding of financial principles, attention to detail, and basic knowledge of lending processes, often supported by coursework in finance, accounting, or business. Familiarity with loan management software, spreadsheets, and customer relationship management (CRM) systems is typically required. Strong communication, analytical thinking, and eagerness to learn help an intern stand out in this position. These skills and qualities are crucial for accurately assessing loan applications, supporting lending officers, and developing foundational expertise in financial services.

What is the difference between Lending Intern vs Loan Officer?

AspectLending InternLoan Officer
CredentialsTypically pursuing or recent graduate, no required certificationsRelevant degree, certifications like NMLS license often required
Work EnvironmentInternship setting, learning-focused, often in banks or lending companiesClient-facing, responsible for evaluating and approving loans
Industry UsageEntry-level position, part of training programsFull-time role with decision-making authority

The main difference between a Lending Intern and a Loan Officer is experience and responsibility. Lending Interns are entry-level, focusing on learning the industry, while Loan Officers handle client interactions and loan approvals. Interns often work under supervision, whereas Loan Officers operate with greater independence and decision-making authority.

What are the most commonly searched types of Lending jobs in Indiana?

The most popular types of Lending jobs in Indiana are:

What cities in Indiana are hiring for Lending Intern jobs?

Cities in Indiana with the most Lending Intern job openings:

Lending Intern jobs near you

Strategic Markets VP II

First Financial Bank

Indianapolis, IN • On-site

$94K - $112K/yr

Full-time

Re-posted 25 days ago

Job description

We do the right things, right now. We do them in a way that is relevant to our clients. Become a part of our history as it continues to be written!
If you are interested and qualified for this role, we invite you to apply.
Originate loans in the niche markets Oak Street Funding serves.
The VPII at Oak Street Funding is responsible for prospecting lending opportunities. Generally handling loan relationships with aggregate exposure between $1MM to $30MM and developing relationships within the niche markets Oak Street Funding serves.
• Through a myriad of business development activities, including direct to market outbound calls, building a circle of influence to drive referrals and be seen as a thought leader for Oak Street to meet set goals and production levels.
• Utilize a consultative sales approach to qualify lending opportunities and develop a comprehensive understanding client's needs.
• Utilizing a consultative sales approach to drive relationships and develop lending opportunities.
• Based on review of personal and company level information via the application process, utilize proprietary software to prepare and present to the loan committee an initial loan structure for input and term sheet preparation, including a cash flow analysis and ability to articulate the financial strength of the applicant. Externally by preparing and presenting term sheets be able to
articulate the risk profile and subsequent structure outlined in a term sheet.
• Understanding of risk based pricing and negotiate the terms of the loan with the prospective client.
• Promote and cross sell other banking products.
• Travel includes but is not limited to onsite visits with prospects and clients for the purpose of business development, relationship management, due diligence trips as well as representing Oak Street at industry events for the purpose of
business development. Maintain compliance with internal policies and procedures.
Minimum Knowledge, Skills, and Abilities Needed to Perform Essential Functions of the Job
  • 5+ years of relationship based client procurement and account management.
  • Excellent business acumen including strong written and verbal communication and presentation skills.
  • Organizational skills.
  • Well-developed analytical and problem solving skills.
  • Generate new business through consultative sales approach.
  • Experience reviewing credit applications, personal financial statements, credit reports, business financial statements.
  • Understanding of various corporate structures
  • Experience with complex mid-market commercial loans.
  • Strong PC skills.
  • Demonstrative sales and negotiations experience required.

Preferred Knowledge and Skills
  • 5 years of previous commercial lending, private or business banking, experience. Credit training, credit quality and underwriting fundamentals experience including financial analysis required.
  • College Degree Required.

Level of Complexity and Scope
  • Navigate in-depth term sheet negotiations with large prospects.
  • Review and analyze complex credit applications, credit reports, and business financial statements.
  • Present complex, large transactions to OSF management.

Degree of Independence and Decision-Making
  • Demonstrated ability to work independently balancing strong time management and organizational skills
  • Ability to prioritize work and meet deadlines with accuracy and attention to detail
  • Work directly with the deal team, including the Director of Underwriting, Chief Counsel and Account Managers to facilitate a positive client experience from onboarding as a borrower through diligence process and funding.

Required Supervisory Responsibilities
  • Provide mentorship to less experienced employees as needed

Physical Requirements
  • Typical office setting which includes desk/computer work. Also required travel.
  • Travel includes but is not limited to onsite visits with prospects and clients for the purpose of business development, relationship management, due diligence trips, as well as representing Oak Street at industry events for the purpose of business development.

Compliance Statement
  • The associate is responsible for meeting all compliance requirements imposed on First Financial Bank by State and Federal law and regulation, as well as all related First Financial Bank policies and procedures. This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements.

Development and Training
Pay Range: $94,000/yearly - $112,000/yearly
Benefits
We have relevant, thoughtful benefits and programs that support every aspect of our associates' holistic wellbeing. Please review our Benefits Guide.
Incentive Eligibility
All roles are incentive eligible with the exception of Co-Op, Intern, or Student positions.
It is our policy to not discriminate against any individual in violation of federal, state, and local laws as it relates to age, race, color, religion, national origin, sex, marital status, pregnancy, gender identity, disability, sexual orientation, genetic information, veteran/military service, or any other characteristic protected by law.
We are an E-Verify Employer.

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