Undergraduate Student Intern - Business | Accounting | Finance

Description

Undergraduate Student Intern – Business | Accounting | Finance

The purpose of the Student Intern position is to provide an opportunity for a student at the undergraduate level in a field of study that will be beneficial to prepare you for your future business and financial services career.

Merchants & Marine Bank is looking for intern champions that are eager to learn and build skills to serve the future of the ever-changing financial industry. Our paid Voyage Internship Program is a 15-week program that will consist of coaching, core training, job shadowing, and a final capstone presentation with our Executive Leadership Team.

Program Overview

• 120-Hour Minimum: 8 hours/week over the course of 15 weeks
• Paid Internship
• V.I.P. Interns Paired with a Coach

The first 5 Weeks Will Be Core Training in Pascagoula, MS:

Deposit Operations - Spend time in Client Support looking over collection efforts, reviewing accounts, and then spending time in Process Operations researching reversals and adjustments to accounts.

Loan Operations - Sitting side-by-side with Loan Processors to observe all that is required to close a loan, including personal and business documentation and collateral analysis.

Administration - Review facility management, contract overview, marketing, and vendor management.

IT and Accounting - Discuss how we organize GL accounts and process expenses, and meet with the Wire Department. Lastly, will sit with the CFO to discuss asset liability management.

Human Resources - Discuss and consider the many facets of Human Resources, from recruiting to payroll to training.

The last 10 Weeks Will Include Two Training Options:

Retail Banking

This training option will take place in whichever branch and market is best for the bank and the intern. This intern will receive personal coaching and on-the-job training in all branch aspects of banking.

This will include on-the-job training and computer-based training from American Bankers Association.

Training to include:

• Banking Compliance
• Bank Security
• Deposit Transactions
• Account Openings
• Account Maintenance
• Loan Transactions
• Basic Financial Statement Analysis
• Banking Software and Systems

Commercial Banking

This training will take place in Pascagoula in the Credit Department. This intern will receive personal coaching in aspects of credit analysis and underwriting.

As part of this training, the intern will also be given a credit project to work through during their time in the Credit Department.

The intern will job shadow a Business Banker to see what is involved in the day-to-day activities.

Intern to work with a Lending Assistant to be coached on how business loans are processed.

Job Shadowing and Coaching to Include:

• Credit Underwriting
• Loan Policy Procedures
• Data Mining
• Loan Presentations
• Banking Software and Systems

Final Presentation

At the end of the 15-week internship, the V.I.P. Intern will give a brief presentation to the Executive Team of a sample of what was learned and feedback on their overall experience.

Qualifications