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Loan Operations Intern Jobs in Michigan (NOW HIRING)

Loan Operations Intern information

What is a loan operations intern?

Loan Operations Interns are entry-level professionals who support the loan operations team in financial institutions such as banks or credit unions. Their duties typically include assisting with loan documentation, data entry, file management, and helping ensure compliance with lending regulations. They gain hands-on experience in the loan process, from application review to loan closing and servicing. This internship provides valuable exposure to the banking industry and helps develop skills in finance, organization, and customer service.

What types of projects and responsibilities can a loan operations intern expect during their internship?

As a Loan Operations Intern, you can expect to support the loan processing team by assisting with document preparation, data entry, and quality control tasks. Interns often work closely with loan officers and other operations staff to ensure loan files are accurate, complete, and compliant with company policies. You may also participate in special projects such as system audits or process improvement initiatives, gaining insight into regulatory requirements and the end-to-end loan lifecycle. This hands-on experience helps build a strong foundation for a future career in banking or financial services operations.

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

To thrive as a Loan Operations Intern, you need a solid understanding of financial principles, attention to detail, and strong organizational skills, often supported by coursework in finance or business administration. Familiarity with loan processing software, Microsoft Office Suite, and document management systems is typically required. Effective communication, teamwork, and a willingness to learn are valuable soft skills that help interns adapt and contribute to the team. These competencies ensure accurate loan processing, regulatory compliance, and smooth operational support within a financial institution.

What is the difference between Loan Operations Intern vs Loan Processor?

AspectLoan Operations InternLoan Processor
CredentialsTypically pursuing or recent graduate, no specific certifications requiredHigh school diploma or equivalent; some roles prefer mortgage or loan processing certifications
Work EnvironmentInternship setting, learning-focused, often in banking or financial servicesFull-time role in banks, mortgage companies, or lending institutions
ResponsibilitiesAssisting with loan documentation, data entry, and process supportReviewing loan applications, verifying documents, preparing loan files
Industry UsageCommon entry point for finance and banking studentsStandard role in loan processing departments

The main difference is that a Loan Operations Intern is an entry-level, learning-focused position often held by students or recent graduates, while a Loan Processor is a full-time professional responsible for processing and verifying loan applications. Interns gain experience and support the processing team, whereas processors handle the core tasks of loan approval and documentation.

What are the most commonly searched types of Loan Operations jobs in Michigan?

The most popular types of Loan Operations jobs in Michigan are:

What are popular job titles related to Loan Operations Intern jobs in Michigan?

For Loan Operations Intern jobs in Michigan, the most frequently searched job titles are:

What cities in Michigan are hiring for Loan Operations Intern jobs?

Cities in Michigan with the most Loan Operations Intern job openings:

TO Leadership Intern

Saginaw Chippewa Indian Tribe

Mount Pleasant, MI • On-site

$14.49/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

New


Job description

MUST BE SAGINAW CHIPPEWA TRIBAL MEMBER TO APPLY
Full Time
9/4/26-OUF
Days and Shift: Monday - Friday, 32 Hours, Schedule Varies Due to Class Schedule.
Wage: $14.49
Eligible Employer for Public Student Loan Forgiveness as a non-profit
SCIT recognizes that work-life balance is essential in day to day operations. Our Flexible Schedule and Telework options for employees make it possible to balance the needs of your family while still being on track at work. Flexible Schedule and Telework options are based on the departments need. The Tribe is a community based organization and we understand your family life is important, it's important to us too.
Here are some of the benefits our team members get working for the Tribe: 16 Paid Holidays off include: New Year's Day, M.L. King Jr. Day, President's Day, Easter Monday, Memorial Day, Juneteenth, Independence Day, SCIT National Holiday, Labor Day, Michigan Indian Day, Veteran's Day, Thanksgiving, Christmas Eve, Christmas Day and New Year's Eve. We never miss those special moments with our children, family & friends due to working.
Our paid time off accruals for annual and sick leave are as followed: 0-3 years of service = 2 hours of annual & sick per 40 hours worked; 3-9 years of service = 3 hours of annual & sick per 40 hours worked; 10 years or more of service = 4 hours of annual & sick per 40 hours worked. Plus you get 16 hours of personal time per calendar year (prorated based on your start date, resets every Jan.1). We also have Bereavement, Longevity, Fitness, and maternity/paternity leave.
Full Time employees get Medical, Dental, & Vision insurance. Flex Spending accounts, Teladoc, life insurance, accidental death, Long Term Disability, Aflac, and 401K which SCIT matches up to 4%.
Prescription plan with free fills on most generic brands when using our Cardinal Pharmacy.
Position Summary:
Under the supervision of Youth Leadership Manager, work in a supportive environment to gain experience and learn skills required to perform tribal positions of leadership and responsibility. This program is intended for students pursuing an approved post-secondary degree and certification. Leadership Apprentice will be placed in departments related to their respective degree, however, there may be times when intern is assigned to a different department based on the circumstances and/or needs of the tribe.
Key management positions within tribal operations, gaming and other tribal business ventures will be targets for internships under this program. Leadership Apprentices will be developed within tribal operations that have projected growth and who can provide on-the-job experience, which will unite with the academic goals and curriculum of the candidate.
Essential Duties and Responsibilities:
  • Intern within the Tribal Operations or other tribal enterprises.
  • Comply with all policies and procedures of the Saginaw Chippewa Indian Tribe.
  • Complete degree requirements within four calendar years of hire.
  • Comply with all Tribal Scholarship policies throughout the academic school year.
  • Maintain full-time academic enrollment of at least twelve credit hours for undergraduates and nine credit hours for graduate students per semester.
  • Maintain a cumulative 2.5 or higher grade point average throughout the academic school year.
  • Annual evaluation on progress and work performance.
  • Perform duties and responsibilities relevant to placement.
  • Participate in cultural and academic professional development opportunities.
  • Work alongside assigned department director or assigned supervisor to gain managerial experience.
  • Maintain student confidentiality in accordance with the Family Educational Rights and Privacy Act (FERPA) and all other privacy regulations.
  • Provide excellent customer service for all internal and external customers of the operations at all times. Provide solutions for customer concerns and continually focus on customer service as our top priority.
  • Must maintain strict confidentiality and present a positive, professional demeanor and image at all times.
  • The above duties and responsibilities are not an all-inclusive list but rather a general representation of the duties and responsibilities associated with this position. The duties and responsibilities will be subject to change based on organizational needs and/or deemed necessary by the supervisor.

Contacts/Purpose of Contacts:
  • Contact with associates within the organization for the purpose of collaborating and gaining basic knowledge of all Saginaw Chippewa tribal enterprises.

Minimum Qualifications:
  • High School Diploma or GED.
  • Must be a Saginaw Chippewa Tribal Member.
  • Must have satisfactorily completed twelve credit hours or have successfully completed one year of the SCIT Youth Co-Op program.
  • Must provide documentation of acceptance at an accredited college/university in Michigan.
  • Must currently have a cumulative 2.5 grade point average.
  • Must submit an official transcript and class schedule during recruitment process.
  • Must be a full-time college student.
  • Applicants must submit a declared degree audit as requested throughout internship.
  • Must be able to pass background check to meet the employment eligibility requirements as they pertain to the position in the assigned department.

License, Certification, or Special Requirements:
  • Must be able to obtain CPR and First Aid Certification within probationary period.
  • Native American preference shall apply to all positions.

Knowledge, Skills, and Abilities:
  • Knowledge of business English, proper spelling, grammar, punctuation, and basic arithmetic.
  • Skill in operating business computers and office machines, including in a Windows environment, specifically Word, Excel, Access, and PowerPoint.
  • Ability to communicate effectively both verbally and in writing.
  • Ability to handle multiple tasks and meet deadlines.
  • Ability to carry out instructions furnished in verbal or written format.

Physical Demands:
  • Frequent use of hands, wrists, fingers associated with computer equipment.
  • Required to sit and stand for extended periods of time.
  • Occasionally walk and reach with arms and hands.
  • Normal visual acuity, ability to talk and hear.
  • Occasionally lift and/or move up to 20 pounds.

Work Environment:
  • Normal office or school environment or assigned work placement.
  • Extended hours and irregular shifts may be required.
  • Travel may be required.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.