Universal Banking Intern

First Bank & TrustWatertown, South Dakota

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Overview

Schedule

Full-time

Career level

Entry-level

Remote

On-site

Benefits

Career Development

Job Description

Job Description:

As an intern, this person willlearn first-hand what careers in community banking involve and will engage in a rotation through core departmentsincluding Retail Banking and Consumer, Business, Ag, and Mortgage Lending.Throughout the rotation, this person will gain insight into a variety of business units including WealthManagement as well as experience what happens “behind the scenes” in Credit Review and Operations.

Qualifications: This person should have a minimum of one year of business-related classes in a higher learning setting or the equivalent.Excellent communication and customer service skills are essential.This role requires on-site employment.

Principal Responsibilities:

Work closely with industry experts to identify and differentiate various banking productsand services.

Observe and participate in the customer experience including identifying needs, recommending products that fit, and maintaining customer relationships.

Learn the foundations of banking byparticipating in general Retail functions including processing customer transactions, cash handling, and cash drawer balancing.

Shadow the lending process from start to finish and develop overall loan file knowledge.

- Observe meetings with loan customers

- List and describe various loan types and products

- Compile and prepare proper underwriting information

- Introduction to credit worthiness and cash flow by analyzing creditinformation and referring to policy & guidelines

- View loan processing, servicing and closing

- Witness Departmental collaboration

Introduction to Wealth Management Services including financial planning, trusts, retirement plan services, investment management and estate planning & administration.

Utilize banking systems and observe how they integrate into business processes.

Develop and apply a working knowledge of banking regulations and processes.

Maintain confidentiality, integrity and honesty, especially in dealing with customer information.

Gain skills related to professionalism, financial analysis, decision-making, customer service and communication.

Uphold professional standards when working with customers through various channels.

Attend and participate in committee and departmentmeetings and professional development opportunities andtrainings.

Connect with and learn from department leaders and management.

Prepare a presentation at the close of the internship to be presented to keystakeholders.

Act in accordance with FBT policies and procedures as set forth in the employee handbook.

Adhere to compliance procedures and participate in required compliance training.

Compensation Grade

Hourly Grade 3

First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.

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FAQs About Universal Banking Intern Jobs at First Bank & Trust

What is the work location for this position at First Bank & Trust?

This job at First Bank & Trust is located in Watertown, South Dakota, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at First Bank & Trust?

Employer has not shared pay details for this role.

What employment applies to this position at First Bank & Trust?

First Bank & Trust lists this role as a Full-time position.

What experience level is required for this role at First Bank & Trust?

First Bank & Trust is looking for a candidate with "Entry-level" experience level.

What benefits are offered by First Bank & Trust for this role?

First Bank & Trust offers Career Development for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at First Bank & Trust?

You can apply for this role at First Bank & Trust either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.