Intern - Credit/Commercial

Posted 5 Days Ago
Be an Early Applicant
Monroe, MI, USA
In-Office
Internship
Fintech
The Role
Paid 12-week commercial banking internship focused on credit risk assessment, financial data analysis, portfolio management, covenant monitoring, credit reviews, loan committees, maturity planning, relationship banking, prospecting, and client calls. Interns also participate in networking, mentorship, community service, and a final presentation to senior leadership.
Summary Generated by Built In

Thank you for your interest in the First Merchants 2027 Summer Internship Program! First Merchants is seeking highly motivated, enthusiastic college students for our 12-week paid summer internship program.

Why Intern at First Merchants?

  • Gain hands-on experience in the financial services industry
  • Work on meaningful projects that impact the business
  • Receive mentorship from experienced professionals
  • Build relationships with leaders across the organization
  • Participate in networking and development events
  • Volunteer alongside fellow interns during a community service project
  • Present accomplishments and key learnings to senior leadership

Summer Internship Program Overview

First Merchants internship opportunities are available in a variety of business areas including Credit Administration, Commercial Banking, Consumer Banking, Treasury Management, Private Wealth, Technology, Human Resources, Marketing, Risk, Operations, and other business functions.

Department Internship Duties & Responsibilities

The Commercial Banking Intern will learn the roles within commercial banking and the products and services the bank provides commercial customers. The intern will gain skills in assessing credit risk, analyzing financial data, portfolio management, and the team-based credit decision process. The intern will also learn the commercial banking sales cycle, relationship banking, whole-bank selling techniques, and commercial banking sales management, while gaining hands-on sales experience.


Below is what you can expect to learn from an internship in Commercial Banking at First Merchants Bank:

  1. Complete trend reports for borrowing base certificates.
  2. Complete covenant monitoring and annual credit reviews.
  3. Attend and participate in loan committees and opportunity memorandum discussions.
  4.  Partner with relationship managers on prospecting activities and participate in client calls.
  5.  Monitor loan maturity dates and recommend renewal strategies.

    Successful students will possess:

    • Initiative
    • Enthusiasm
    • Strong Work Ethic
    • Team Mentality
    • Self-Motivation

    In addition to the learning objectives, all interns will participate in a coordinated community service project. Interns will have an opportunity to network with Executive and Senior Leadership at our Intern Meet & Greet event and will present a summary of their experience at the conclusion of the internship program.

    Required Qualifications

    • Be a full-time Bachelor (or higher) degree-seeking student at an accredited college or university.
    • Be available to work 40 hours per week from May 17th- August 6th, 2027.
    • Be authorized to work in the United States.
    • Have demonstrated interest in the industry and/or specific area of interest.
    • Possess a GPA of 3.0 or higher.
    • Be able and willing to travel periodically throughout the First Merchants footprint, if applicable.

    About First Merchants:

    First Merchants Corporation is the largest financial services holding company located in Central Indiana. We provide our clients with broad financial services delivered locally by bankers who are known and trusted in their communities. We offer personal banking, business banking, mortgage lending, treasury management services, and wealth management.

    Since its organization, the Corporation has grown to include more than 126 banking center locations in Indiana, Michigan, and Ohio, and a wealth management company.  

    Our Vision Is:

    To enhance the financial wellness of the diverse communities we serve.

    Our Mission is:

    To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

    Our Team:

    "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

    Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
    This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

    Skills Required

    • Full-time Bachelor’s degree-seeking student or higher at an accredited college or university
    • Available to work 40 hours per week from May 17 through August 6, 2027
    • Authorized to work in the United States
    • Demonstrated interest in the financial services industry or relevant area
    • Minimum 3.0 GPA
    • Able and willing to travel periodically throughout the First Merchants footprint, if applicable

    First Merchants Corporation Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about First Merchants Corporation and has not been reviewed or approved by First Merchants Corporation.

    • Retirement Support — Retirement programs include a 401(k) with employer match and an employee stock purchase plan that are presented as meaningful components of total rewards. These elements are highlighted as strengths relative to other benefit components.
    • Leave & Time Off Breadth — Time-off provisions include PTO, bank holidays, bereavement, paid parental leave, and paid volunteer time. These elements can help offset concerns about base pay in some roles.
    • Parental & Family Support — Paid parental leave is explicitly offered and positioned alongside PTO and holidays to support family needs. This support contributes to a more balanced work–life setup.

    First Merchants Corporation Insights

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    The Company
    HQ: Muncie, IN
    1,548 Employees
    Year Founded: 1893

    What We Do

    First Merchants Corporation is the largest financial services holding company in Central Indiana, headquartered in Muncie, Indiana. The Corporation has one full-service bank charter, First Merchants Bank. The Bank also operates as First Merchants Private Wealth Advisors (as a division of First Merchants Bank). First Merchants Corporation’s common stock is traded on the NASDAQ Global Select Market System under the symbol FRME. First Merchants offers customers broad financial services throughout locations in Indiana, Ohio, Illinois and Michigan providing: • Commercial Banking (business) – checking, treasury management, card services, financing, loans, electronic banking, online and mobile banking. • Personal Banking (consumer) – checking, savings, CDs, mortgages, loans, IRAs, HSAs, online and mobile banking. • Private Wealth Advisors - trusts, investments, 401(k) plans, 403(b) plans, profit sharing plans, pension plans, cross-tested plans, cash balance plans, Flexible Spending Accounts, IRAs, SEP IRAs, and succession planning. First Merchants is committed to customers by: • Developing strong relationships. o As financial advisors – our professionals listen and provide solutions o The tenure of our professionals averages eight years, meaning you will enjoy continuity of service o We hire local professionals from the communities we serve • Customers benefit from local decision making. o Decisions are made faster o The process is streamlined, with each customer having a single point of contact. o Our financial professionals are empowered to develop tailored solutions. • The local communities we serve benefit from First Merchants’ involvement and support.

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