Intern - Commercial Middle Market Banking
📋 Role Overview & Responsibilities
Description
About Us
Umpqua Bank is headquartered in the Pacific Northwest with 6,000+ employees and offers banking services to customers throughout the nation. It’s an especially exciting time to join our team as, following the recent merger with Columbia Bank, we have grown to become a leading western-based regional bank with more than $50B in assets under management and an unwavering commitment to our associates, our customers, and our communities.
We create a great place to work by offering a special brand of relationship banking and by providing a culture where associates thrive. Associates who embody our core values fit in well here and we are eager to meet candidates who demonstrate behaviors that align with Trust, Ownership, Growth, Empathy, Teamwork, Heart, Enjoyment, and Relationships.
About the Internship Program
An Internship at Umpqua Bank is more than a summer job; it’s an experience that includes:
Cohort Orientation: Interns will start on the same day in cohorts when academic schedules allow.
Project-based Assignment: Interns are assigned one specific project that serves as an extension of the classroom experience, contributes value to the Bank, and provides the intern with real-world work experience.
Biweekly Networking: Interns gather weekly for peer networking, collaboration, and to share progress updates on their projects.
Professional Development: Interns are provided with professional development opportunities.
Day of Service: Interns are immersed into our culture of giving back and serving local communities through volunteerism with one of our non-profit partners.
Lunch with Executive Leadership: Interns gather for lunch with the Executive Leadership Team and have the opportunity for casual conversations and some Q&A.
Project Presentations: Each Intern will showcase their experience and accomplishments to a group of leaders at the end of the program.
What You will Do
During the program the intern will learn about a potential career path in commercial lending by interacting with associates holding various roles including Market Directors, Relationship Managers, Credit Directors, and support staff to include Underwriters and Client Solutions Managers. Over the course of the assignment the intern will be involved in learning what is involved in the end-to-end process of loan origination and managing risk in an already established commercial loan portfolio.
What You Will Learn
At the end of the assignment the intern will take away a broad understanding of commercial loan origination and risk management. The intern will participate in assignments to understand loan origination which involves inputting financial statements in the Bank’s spreading software, analyzing financial statement reports to determine sources of repayment, and sensitivity modeling. For risk assessment the intern will learn the importance of continually assessing the risk to sources of repayment through our risk rating system and how that risk rating system affects Bank’s earnings.
About You
A university junior or senior pursuing a degree in Business, Finance, and or Accounting, with strong research, analytical, and reporting skills along with intermediate proficiency in MS Excel, MS Power BI, MS PowerPoint, and MS SharePoint.
Available to work full-time, forty hours weekly Monday through Friday, for thirteen weeks beginning in May or June on-site daily in Las Vegas, Nevada.
Work Style
Umpqua Bank offers a Flexible Workplace Program and this opportunity comes with the Flex Office work style which is working in office from a designated company location three days weekly with flexibility to work remotely up to two days weekly.
Our Benefits
The pay rate for this role is $20.00 per hour. Interns are eligible to participate in the company’s 401(k)-retirement savings plan and are entitled to paid sick time and holiday pay.
Our Commitment to Diversity
Umpqua Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [email protected]
To Staffing and Recruiting Agencies
Our posted job opportunities are only intended for individuals seeking employment at Umpqua Bank. Umpqua Bank does not accept unsolicited resumes or applications from agencies and Umpqua Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Umpqua Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.
Frequently Asked Questions
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Is this position eligible for remote work or visa sponsorship? ▼
This position is located in Henderson, NV with potential relocation and sponsorship assistance depending on candidate qualifications.
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