The Credit Department Intern works closely with Credit Analysts, Commercial Lenders, and the Chief Credit Officer and is responsible for assisting the department with activities related to underwriting and coordinating the closing of Commercial and SBA loans in compliance with the Banks lending policies and procedures, monitoring the Banks existing loan portfolio, preparing monthly reports for senior management team, and ensuring compliance with all Bank policies and procedures, as well as all applicable state and federal banking regulations.
The Credit Department Intern will gain a working knowledge of and be responsible for:
- Completing certain aspects of the credit training program
- Understanding general accounting principles and concepts
- Spreading and analyzing historical and projected financials
- Identifying borrower credit, industry and market risks
- Identifying and analyzing sources of repayment and collateral
- Preparing sensitivity analysis and financial covenant models
- Monitoring and verifying borrowing base reports
- Maintaining borrower credit files, credit applications and financial tracking logs
- Loan Structure - working capital, equipment, real estate, and SBA loan structures
- Loan Documentation
Preferred Skills/Qualifications:
- Major in business administration, finance, or accounting
- Will possess 9-12 hours of accounting college credit hours with a B or better upon graduation
- Strong personal motivation and attention to detail
- Strong organizational skills
- Ability to multi-task and work in a deadline driven environment
- Ability to work independently and in a team environment
Texas Security Bank is an equal opportunity employer. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate based on race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law.
Skills Required
- Major in business administration, finance, or accounting
- Possess 9-12 hours of accounting college credit hours with a B or better upon graduation
- Strong personal motivation and attention to detail
- Strong organizational skills
- Ability to multi-task and work in a deadline driven environment
- Ability to work independently and in a team environment
What We Do
Texas Security Bank is a locally owned community bank based in the Dallas-Fort Worth area. Its primary mission is to 'Elevate the Champions of Free Enterprise' by providing a range of financial solutions and unique business education services specifically designed for owner-managed businesses. The bank focuses on helping independent business owners succeed and grow their companies through commercial banking and strategic educational programs.
