Intern Lending Operations

Posted 6 Days Ago
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Mankato, MN, USA
In-Office
19-20 Annually
Internship
Fintech • Financial Services
The Role
Supports lending operations through loan servicing activities, reporting, data analysis, process documentation, workflow improvement, research, and project work. The intern reviews loan documentation, identifies operational trends, evaluates business solutions, researches lending best practices, and presents recommendations to leaders. The role combines independent work with cross-functional collaboration and is focused on improving accuracy, efficiency, and customer or team-member experience.
Summary Generated by Built In

Empowered to live. Inspired to work.
Compeer Financial is a member-owned cooperative located in Illinois, Minnesota and Wisconsin. We bring together team members with a variety of backgrounds and experiences to help provide financial services to support agriculture and rural communities. Join us in a culture that not only promotes meaningful work and professional development, but provides a flexible, hybrid work environment and excellent benefits, which empower you to thrive both personally and professionally.

How we support you:

  • Hybrid model – up to 50% work from home
  • Flexible schedules including ample flexibility in the summer months
  • Up to 9% towards 401k (3% fixed Compeer contribution plus up to 6% match)
  • Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
  • Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
  • Learning and development programs
  • Mentorship programs
  • Cross-functional committee opportunities (i.e. Inclusion Council, emerging professional groups, etc.)
  • Professional membership/certification reimbursement and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

To learn more about Compeer Financial visit www.compeer.com/careers. 

CPT & Pre-Opt candidates invited to apply.

This is a paid internship; however, the intern must provide their own housing and transportation. Business related transportation and expenses will be paid by the organization. This intern will work full-time through the summer of 2027. The internship is located out of our Mankato, MN office location. If pursuing internship credit through your university, it is your responsibility to consult with your advisor and review the internship's job description to ensure it meets the minimum eligibility requirements.

The contributions you will make: 

Your day could include analyzing data, reviewing loan documentation or processes, working with a business partner to understand workflow, or helping resolve an operational issue. You may spend part of the day working independently on a project and another part collaborating with teammates or participating in meetings. As you become familiar with the organization, you’ll have opportunities to ask questions, suggest ideas, and take ownership of pieces of your work. By the end of the summer, you’ll have a better understanding of how lending operations teams support agricultural clients and partners and how thoughtful processes, accurate information, and strong collaboration contribute to a successful lending organization.

A typical day: 

  • Support day-to-day lending operations and activities that help ensure loans are serviced accurately and efficiently.
  • Assist with reporting, data analysis, and identifying trends or opportunities for improvement.
  • Help review, document and improve business processes, procedures, and workflows.
  • Participate in projects designed to improve the customer or team member experience.
  • Research and help evaluate solutions to business challenges.
  • Research industry standards and best practices for lending operations processes, key metrics, and reporting.
  • Assist with other operational priorities that arise throughout the summer.
  • Present project findings, recommendations, or results to team members and leaders.

The skills and experience we prefer you have: 

  • Working towards a degree in ag business, business administration, finance, accounting, economics, or data management.
  • Solid organizational, interpersonal, communication, problem solving skills, and time management required.
  • Organized, detail-oriented, and willing to learn new systems and processes.
  • Enjoy working with information, solving problems, and finding ways to make processes better.
  • Comfortable working independently while also collaborating with a team.
  • Curious about how businesses operate and how financial services support clients.

How we will take care of you:

Actual hourly rate offered is dependent upon year in school, work experience, transferable skills, business needs and market demands. The hourly rate range is subject to change and may be modified in the future.

Base Pay
$19$20 USD

Compeer Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Must be authorized to work for any employer in the United States. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

Click here to view federal employment laws applicable for applicants.

Skills Required

  • Working toward a degree in ag business, business administration, finance, accounting, economics, or data management
  • Strong organizational, interpersonal, communication, problem-solving, and time-management skills
  • Organized and detail-oriented
  • Willingness to learn new systems and processes
  • Interest in working with information, solving problems, and improving processes
  • Ability to work independently and collaboratively with a team
  • Authorization to work for any employer in the United States
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The Company
HQ: Sun Prairie, WI
853 Employees
Year Founded: 2017

What We Do

SmartStream is a recognised leader in financial transaction management solutions that enables firms to improve operational control, reduce costs, build new revenue streams, mitigate risk and comply accurately with regulations. By helping its customers through their transformative digital strategies, SmartStream provides a range of solutions for the transaction lifecycle with artificial intelligence and machine learning technologies embedded - which can also be deployed in the cloud or as managed services. As a result, more than 2,000 clients—including 70 of the world’s top 100 banks, rely on SmartStream Transaction Lifecycle Management (TLM®) solutions to deliver greater efficiency to their operations.

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