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Summer Internship - Law Firm Banking

Webster Bank
Jericho, NY Full Time
POSTED ON 1/19/2025
AVAILABLE BEFORE 4/18/2025

If you're looking for a meaningful career, you'll find it here at Webster. Founded in 1935, our focus has always been to put people first doing whatever we can to help individuals, families, businesses and our colleagues achieve their financial goals. As a leading commercial bank, we remain passionate about serving our clients and supporting our communities. Integrity, Collaboration, Accountability, Agility, Respect, Excellence are Webster's values, these set us apart as a bank and as an employer.

Come join our team where you can expand your career potential, benefit from our robust development opportunities, and enjoy meaningful work!

If you're looking for an exciting opportunity to gain real-world work experience, Webster Bank's internship program delivers! High performing students entering their junior or senior year of undergraduate studies will have the opportunity to work side-by-side with Webster / HSA colleagues to gain valuable experience, knowledge, and skills. This internship program is designed to create a pipeline of candidates who may become Webster's next generation of leaders.

As an intern at Webster Bank / HSA Bank, you will experience an unforgettable summer of learning, networking, and fun, while gaining valuable experience that directly complements classroom studies. Every internship opportunity is structured to provide you with a meaningful experience, broad exposure to our corporate functions, and opportunities for mentorship and networking. Webster's internship will be demanding & rewarding, and prepare you for your career ahead.

The commercial Law Firm Banking Group, is a specialty group within the Commercial Bank at Webster Bank that provides banking services designed for the legal community and have established relationships with law firms of different sizes, ranging from smaller practices, mid-sized firms to the nation's leading corporate law firms. We help law firms and their attorneys with escrow accounts using Virtual Account Manager, IOLA or attorney trust accounts, credit facilities, cash management services such as Bank Check Express.

We our looking for a candidate to assist us in sales and marketing efforts, law firm market research analysis of our IOLA expansion states including but not limited to FL, CA, TX, PA, and deepen our relationship with existing clients with products such as Commercial Card. The candidate would gain hand-on experience working with the nation's leading law firms and assisting our team implement and deliver on the products and services mentioned above.

Summer Intern Program duration : June 2 - August 8, 2025.

Responsibilities :

  • Help identify prospect law firms in IOLA expansion states
  • Identify clients using outside vendors for their Commercial Card and Merchant Services and partner with TM sales rep to set up follow up calls
  • Assist Client Associates & Managing Directors with client meeting preparation including, perform research on law firm practice areas and key decision makers
  • Enter contact information into contact management system
  • Research law firms in existing footprint area including CT and MA that would fit our LFB segment
  • Support credit portfolio manager with upcoming loan or line of credits renewals if needed.

Participation Benefits Include :

  • Networking and social events with other interns
  • Opportunities to meet with business professionals, leaders and early career professionals
  • Mentor assigned to help guide your experience at Webster Bank / HSA Bank
  • Future opportunities to interview for full-time positions post-graduation
  • Gain knowledge of a cutting-edge escrow service platform (Virtual Account Manager)
  • Gain hands on experience working with law firms to grow their banking relationship.
  • Collaborate with Managing Directors and Client Associates who have extensive experience in the banking industry
  • Opportunity to participate in meetings, events and other networking opportunities
  • Education, Skills, and Experience Requirements for Interns :

  • Current undergraduate rising Junior or Senior enrolled in an accredited college or university who is pursuing a degree in related field and has an interest in the banking / financial services industry
  • Resourceful, enthusiastic, and proactive
  • Highly organized
  • Demonstrated strong attention to detail
  • Experience creating and delivering presentations
  • Strong written and verbal communication skills
  • Self-motivated with a strong work ethic
  • Ability to learn quickly and solve problems
  • Strong analytical skills
  • Collaborative and inclusive team player
  • Proficient in Word, Excel, PowerPoint
  • Legally eligible to work in the U.S.
  • LI-RS1

    The estimated salary range for this position is $20.00 HR to $22.00 HR. Actual salary may vary up or down depending on job-related factors which may include knowledge, skills, experience, and location. In addition, this position is eligible for incentive compensation.

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

    Salary : $20 - $22

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