What are the responsibilities and job description for the 2025 Commercial Banking Internship San Jose position at Comerica Bank?
Commercial Banking Summer Internship Program, (Intern)
Summary
The Commercial Banking Internship is tailored to students interested in business banking. Whether you desire to become future relationship managers, portfolio managers, or an underwriter this will be a great opportunity. This comprehensive 8-week internship program will provide students the opportunity to experience first-hand the relationship banking environment that has defined Comerica's strong ties to clients, colleagues, and communities for over 170 years.
Position Responsibilities
Portfolio Management Support
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours
Monday - Friday 8:00 am - 5:00 pm
Salary
$29.00-$30.00 Hourly
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
Summary
The Commercial Banking Internship is tailored to students interested in business banking. Whether you desire to become future relationship managers, portfolio managers, or an underwriter this will be a great opportunity. This comprehensive 8-week internship program will provide students the opportunity to experience first-hand the relationship banking environment that has defined Comerica's strong ties to clients, colleagues, and communities for over 170 years.
Position Responsibilities
Portfolio Management Support
- Collect and monitor financial information.
- Work with Portfolio Manager and Relationship Managers on client support.
- Industry research.
- Preparation of marketing materials.
- Prospect identification.
- Work with the team to understand the target customer profile.
- Leverage resources such as LinkedIn, publications, etc. to identify prospects.
- Use industry research to develop value proposition and marketing plan with the Relationship Manager.
- Create an introductory presentation for the prospect meetings.
- Observe the process for spreading financial statements and underwriting loans.
- Complete a special project to refine key Commercial Underwriting resources.
- Have an experienced Relationship Manager as a mentor
- Observe how new business is generated through referrals, prospecting, and networking
- Network with executives within the Commercial Bank division
- Meet with leaders within the Credit organization
- Meet with product partners to learn about Treasury Management, Global Capital Markets, and International Trade Finance solutions
- Participate in training opportunities offered by Comerica
- Rising College Senior Status; Must be within 12 months of graduation (Grad year 2025)
- Accounting, Finance, Business major preferred
- Overall GPA of 3.0 or above
- Two Accounting courses completed with 3.0 average
- Six months experience Microsoft Office products, Word, and Excel
- The ability to work independently as well as in a team environment
- Excellent communication and interpersonal skills
- Previous customer service and sales experience preferred
- This position is not eligible for sponsorship. Must have indefinite employment authorization
Category C - Days in the office will either be designated days or will vary week to week from 2-5 days
Hours
Monday - Friday 8:00 am - 5:00 pm
Salary
$29.00-$30.00 Hourly
About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.
Upon offer, Comerica conducts a comprehensive background and fingerprint check.
NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.
Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.
Salary : $29 - $30
