About the role#
BankIowa offers a summer internship for students interested in the daily operations of a community bank. You will work with the Finance and Business Banking departments to learn how to develop and manage a commercial loan portfolio. This position focuses on the credit analysis process, data entry, and the broader lending cycle.
What you'll do#
- Assist with commercial credit analysis and ensure credit files contain all required documentation.
- Help business bankers prepare and deliver loan documents while maintaining files according to bank policy.
- Prepare portfolio management reports, including annual reviews, cash flow analysis, financial statements, and inspection reports.
- Conduct collateral inspections and assist with loan collections.
- Initiate and follow through with liquidation or foreclosure tasks when necessary.
- Monitor business trends at both local and national levels.
- Complete a specific project assigned by bank management.
- Help in other bank departments as needed.
- Follow Bank Secrecy Act, OFAC, and CIP policies to ensure compliance.
What you'll need#
- Current enrollment in a college program majoring in Business Administration, Finance, Accounting, or a related field.
- Ability to maintain punctuality and attendance.
Location & details#
- Location: Independence, Iowa.
- Term: Summer 2027 (May through August).
- Status: Full-time, paid internship.
- Modality: On-site.
About BankIowa
BankIowa is a privately held, independent community bank founded in 1921. It operates across several locations in Iowa, including Cedar Rapids, Waterloo, and Cedar Falls. The institution employs approximately 97 people and provides a range of financial products and services to its customers. It maintains a focus on local ownership and community banking.
How to get in at BankIowa
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