About the role#
This internship with the Portfolio Management Team offers a look into how we manage our loan portfolio. You will work alongside Portfolio Analysts to support quarterly tasks, learn our approach to cash flow lending, and gain an understanding of risk through our lending and servicing functions. This is a 10-week summer program based at our headquarters.
What you'll do#
- Analyze financial statements from various industries as part of our quarterly reviews.
- Assist with annual risk grade assessments for relationships with larger exposure.
- Complete a capstone project and presentation that outlines the lead-to-loan process.
- Shadow Portfolio Analysts to see how they handle collateral, payment, and loan structure questions.
- Collaborate with other departments to handle customer requests and learn how different roles function.
- Lead internal projects aimed at making the team more effective and efficient.
- Attend weekly Loan Committee meetings to listen to the debate on approved deals.
- Participate in department and team meetings for updates and learning.
What you'll need#
- Current enrollment in a college or university degree program.
- An interest in banking or finance.
- A professional approach characterized by authenticity, curiosity, and trustworthiness.
- Ability to multitask, prioritize work, and manage your time effectively.
- Initiative and a willingness to own your role.
- A collaborative mindset and a prompt, reliable work ethic.
Location & details#
- This role is located in Wilmington, North Carolina.
- The internship is on-site and runs for 10 weeks during the summer of 2027.
- This is a paid, part-time position.
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.
