About Us
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.
HOW THIS ROLE IMPACTS LIVE OAK AND ITS PEOPLE
Live Oak Bank exists to serve small business owners, the people who often get overlooked by traditional banks but who power our communities every day. Our Deposit Operations and Treasury Management team keeps the engine running behind the scenes, making sure deposit accounts function smoothly, transactions process accurately, and treasury solutions actually work the way our clients need them to.
As an intern on this team, you'll help keep that engine humming. Your work will support the operational backbone that allows small businesses to trust us with their money, and you'll walk away with a real understanding of how a modern bank operates day to day.
WHAT YOU'LL DO AT LIVE OAK
Support daily deposit operations, including account maintenance, transaction processing, and issue resolution
Assist the Treasury Management team with onboarding, implementation, and ongoing support of treasury products and services
Help identify process improvements and contribute ideas to make operations more efficient and client-friendly
Prepare reports, reconcile data, and assist with quality control checks across deposit and treasury functions
Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
Partner with teammates across Operations, Product, and Client Services to support a seamless client experience
Join team meetings, trainings, and projects designed to build your foundational knowledge of banking operations
REQUIRED EXPERIENCE
Currently pursuing a bachelor's degree in Finance, Business, Accounting, Economics, or a related field
Strong organizational skills and attention to detail
Clear written and verbal communication skills
Comfortable working with Microsoft Office, particularly Excel
A collaborative mindset paired with the ability to work independently when needed
A genuine curiosity about how banks operate and a willingness to learn quickly
PREFERRED EXPERIENCE
Previous internship or coursework in banking, operations, or treasury services
Familiarity with deposit account structures or treasury management products
Basic understanding of regulatory or compliance concepts in financial services
Experience with reconciliation, data entry, or reporting tools
Interest in building a long-term career in banking operations or treasury management
#LI-DNI
Our Values
Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.
Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.
Respect: Treat everyone with courtesy, politeness, and kindness.
Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.
Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more
For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected].
EEO is the Law
The base pay range for this position is $19.77 - $32.12 per hour. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.
Skills Required
- Currently pursuing a bachelor's degree in Finance, Business, Accounting, Economics, or a related field
- Strong organizational skills and attention to detail
- Clear written and verbal communication skills
- Comfort working with Microsoft Office, particularly Excel
- Collaborative mindset and ability to work independently when needed
- Curiosity about how banks operate and willingness to learn quickly
- Previous internship or coursework in banking, operations, or treasury services
- Familiarity with deposit account structures or treasury management products
- Basic understanding of regulatory or compliance concepts in financial services
- Experience with reconciliation, data entry, or reporting tools
- Interest in a long-term career in banking operations or treasury management
Live Oak Bank Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Live Oak Bank and has not been reviewed or approved by Live Oak Bank.
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Healthcare Strength — Healthcare coverage is strong, with fully paid medical for employees and dependents plus on‑site clinic access, physical therapy, and wellness resources at headquarters. Dental, vision, life, and disability coverage are included.
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Leave & Time Off Breadth — Paid time off is generous, with roughly four weeks plus bank holidays and floating days, alongside multiple paid parental options and paid short‑ and long‑term disability.
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Retirement Support — Retirement offerings include a 401(k) match and an employee stock purchase plan, complemented by bonus and stock programs in some roles.
Live Oak Bank Insights
What We Do
Live Oak Bank has had the privilege of helping thousands of passionate, driven people turn their dreams into reality. These everyday heroes aren’t in it for the fortune or the fame. They’re in it to make a difference, just like we are. As one of the last banks to get a charter before the start of the Great Recession, Live Oak emerged out of the rubble of 2008 as the first bank to keep the customer at the center of the business model. We put a groundbreaking spin on what banking could be, focused on service and technology to redefine banking. Live Oak is a digital, cloud-based bank serving small business owners in all 50 states. We are the #1 SBA 7(a) lender by dollar volume* in the country and our mission is to be America’s small business bank. We aim to fulfill that mission through banking products that help business owners buy, build and expand, along with FDIC-insured checking, high-yield savings and CD accounts to grow their hard-earned money. Our family of companies under the holding and parent company Live Oak Bancshares (NYSE: LOB), and our subsidiaries, partner with businesses who share a groundbreaking focus on service and technology to redefine banking. Our mantra is to treat every customer like the only customer and our mission is to be America’s small business bank.
