About the role#
This internship provides an inside look at the operational backbone of a digital bank. You will join the Deposit Operations and Treasury Management team to help ensure deposit accounts function correctly and treasury solutions meet client needs. This is an opportunity to gain foundational knowledge of how a modern bank operates while supporting the small business owners we serve.
What you'll do#
- Support daily deposit operations including account maintenance, transaction processing, and issue resolution.
- Assist the Treasury Management team with onboarding, implementation, and ongoing support of products and services.
- Help identify process improvements and contribute ideas to make operations more efficient.
- Prepare reports, reconcile data, and assist with quality control checks.
- Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC.
- Partner with teammates across Operations, Product, and Client Services.
- Participate in team meetings, trainings, and projects to build your banking knowledge.
What you'll need#
- Currently pursuing a bachelor's degree in Finance, Business Administration, Accounting, Economics, or a related field.
- Strong organizational skills and attention to detail.
- Clear written and verbal communication skills.
- Comfort using Microsoft Office, particularly Excel.
- A collaborative mindset and the ability to work independently.
- A genuine curiosity about banking operations and a willingness to learn quickly.
- Previous internship or coursework in banking, operations, or treasury services is preferred.
- Familiarity with deposit account structures or treasury management products is a plus.
- A basic understanding of regulatory or compliance concepts in financial services is preferred.
- Experience with reconciliation, data entry, or reporting tools is a plus.
Location & details#
- Location: Wilmington, North Carolina.
- Work modality: On-site.
- Term: Summer 2027 (May 17 to July 23, 2027).
- Employment type: Part-time, paid internship.
About Live Oak Bank
Live Oak Bank is a digital, cloud-based financial institution founded in 2008. Based in Wilmington, North Carolina, the company employs between 501 and 1,000 people. It focuses on providing banking services to small business owners across the United States. The bank offers products such as SBA loans, FDIC-insured checking accounts, and high-yield savings options.
How to get in at Live Oak Bank
Applying to Live Oak Bank early gives you a distinct advantage because recruiters review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published anywhere, so you apply among the first before the pile grows. This ensures your profile is seen while the hiring team is still building their candidate pool. You can improve your response rates by reaching out to the hiring team directly rather than waiting in the queue. Intern Insider surfaces the recruiters behind the company roles so you can connect with them to ask about the position or a referral. This direct approach often helps you stand out in a competitive process.
