Intern - Residential Mortgage

Job Overview

The Loan Servicing Internship will encompass a hands-on working tour of the commercial and consumer loan servicing departments. The intern will be responsible for assisting with many key functions, activities, special projects and assignments within the department and/or bank.

Expected work hours

40

Job Description

Responsibilities include, but are not limited to:

• Assist commercial trade and specialized loan teams for direct access to SWAP, Syndication and Participation product processes.
• Assist in loan file documentation including escrow/taxes, closing statements and satisfactions docs.
• Aid the Indirect Auto Loan team on booking and funding loans and ensure all dealer floor plan loans are booked completely accurately.
• Perform research on payments with incomplete information and process various loans using a Burroughs SmartSource Scanner.
• Maintain general ledger reconciliations for various cost centers; reconcile daily GL's to prove to Miser totals.
• Experience the Valley culture and operation, by attending meetings, corporate events and volunteer opportunities.
• Provide feedback to management and discuss aspects of the program.
• Filing, faxing, sorting, researching, organizing, copying, and scanning of various loan documents.
• Sort, distribute, prepare and/or assemble data for daily, weekly and monthly reports.
• Process mailed in check payments, including data entry in relation to check payments in loan operations system.
• Assist with loan statement distribution.
  
  

Requirements

Required Skills:

• Excellent verbal and written communications skills.
• Proficiency in Microsoft Office product suite; advanced Excel skills including VLOOKUP, pivot tables, conversion of delimited files, macros, etc.
• Detail-oriented, with the ability to prioritize and organize assignments.
• Ability to work independently or in a team setting.
• Problem-solving skills.
• Demonstrates a high level of professionalism in dealing with confidential and sensitive issues.
  
  

Required Experience:

• High school diploma or GED and enrollment in a 2 or 4-year degree program.
• Enrollment in a 4-year college or university with a concentration in Accounting, Economics, Finance or Business preferred.
  
  

Pay Range Information

Exact compensation may vary based on skills, experience, and location.

Salary Grade Minimum - Annual

$41,800.00

Salary Grade Maximum - Annual

$69,400.00

Salary Grade Minimum - Hourly

$20.10

Salary Grade Maximum - Hourly

$33.37