Loan Operations Intern

About Us:

First Southern National Bank is a community and relationship-driven bank serving twelve counties throughout Central and Western KY. Our home office is based in Stanford, with a population of 3,000. After celebrating our 40th anniversary, our passion for building a great company has never been stronger. We recognize that we have been given an opportunity to use our example, our influence, and our resources to help others make wise financial decisions, and our desire is to do just that.

Internship Overview:

Our internship program is designed to invest in the future generation of talent. This eleven-week program is centered around the principles of continuous learning, financial stewardship, building relationships, and community involvement, striving to make a meaningful impact on the lives of our interns and the communities we serve.

Position Summary

The Loan Operations Intern will gain hands-on experience in the daily operations of our lending department, providing valuable insights into loan processing, reporting, software testing, and operational efficiency. The ideal candidate will demonstrate a strong interest in finance, attention to detail, and analytical thinking.

Key Responsibilities

• Review loan documents to ensure accuracy, completeness, and compliance with bank policies and regulatory requirements.
• Assist in the preparation of checklists to track document receipt and outstanding items.
• Follow up with internal teams to obtain missing or incomplete documentation.
• Assist in creating and maintaining loan operations reports for tracking performance, exceptions, and compliance metrics.
• Organize and maintain physical and digital loan files in accordance with company policies.
• Participate in testing loan management and operational software to identify issues and provide feedback.
• Assist with troubleshooting and resolving system issues.
• Collaborate with other team members from Credit Administration and other departments such as Risk and IT on various projects.

Qualifications

• Pursuing a degree in finance, business, or another related field.
• Basic knowledge and understanding of banking.
• Excellent analytical and problem-solving skills.
• Good communication and interpersonal skills for collaborating with team members and other departments.
• Strong attention to detail and accuracy in handling financial documents and data.
• Ability to work independently and collaboratively in a team environment.

Equal Opportunity Employer - All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin.