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.
Ready to make an impact? We're looking for an onsite intern to join our team for the 10-week Summer Internship program (May 17 - July 23, 2027) at our headquarters in Wilmington, NC. Applications are due by 11:59 p.m. ET on Monday, September 28th.
How This Role Impacts Live Oak and Its People
Live Oak's Hospitality Lending team finances hotels across the country — from acquisitions and refinancing to ground-up construction and value-add repositioning. As an intern on this team, you’ll get a front-row seat to how a growth-oriented bank underwrites real, complex credit decisions for hotel owners and operators nationwide.
Your work will directly support the analysts, closers, and relationship managers who move deals from first look all the way through closing and beyond, giving you exposure most interns never get: real transactions, real numbers, real stakes. You’ll leave with a genuine understanding of how commercial real estate lending works end-to-end, and how a relationship-driven culture can scale into a sophisticated, national lending platform.
What You'll Do at Live Oak
- Support underwriting of hotel acquisition, refinance, and construction loans, including financial statement analysis, market and competitive set research, and cash flow modeling
- Help prepare credit memos and deal packages for internal review committees
- Assist with due diligence — reviewing franchise agreements, appraisals, feasibility studies, and borrower financials
- Assist the servicing team with collection and spreading of borrower financials
- Help closers and servicing monitor and clear post-closing exceptions, so you understand what happens after a deal funds, not just how it gets there
- Build and maintain data on sponsor relationships, deal pipeline, and portfolio performance
- Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC
- Work alongside the Managing Director on identifying and marketing to Tier 1 target clients
- Think innovatively about how we can improve team processes — fresh eyes are always welcome, and good ideas get heard here
- Shadow calls and meetings with hotel sponsors, brokers, and internal stakeholders to see how deals actually get done
- Take on a capstone project or analysis over the course of the internship, with the opportunity to present findings to the team
- Enjoy the fun stuff too — team outings, site visits, and getting to know the people who make this bank feel more like a community than a corporation
Required Experience
- Currently pursuing a bachelor's degree in Finance, Accounting, Real Estate, Economics, or a related field
- Strong analytical and quantitative skills, with comfort working in Excel
- Clear written and verbal communication skills
- High attention to detail and a genuine curiosity about how lending decisions get made
- Ability to work both independently and as part of a small, collaborative team
Preferred Experience
- Prior coursework or internship experience in commercial real estate, banking, or hospitality
- Familiarity with financial modeling or credit analysis concepts (DSCR, LTV, cap rates, NOI)
- Interest in the hospitality industry — hotel operations, brands, or franchise models
- Exposure to PowerPoint or data visualization tools for presenting analysis
#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, Accounting, Real Estate, Economics, or a related field
- Strong analytical and quantitative skills
- Comfort working in Excel
- Clear written and verbal communication skills
- High attention to detail
- Genuine curiosity about how lending decisions are made
- Ability to work independently and as part of a small, collaborative team
- Prior coursework or internship experience in commercial real estate, banking, or hospitality
- Familiarity with financial modeling or credit analysis concepts, including DSCR, LTV, cap rates, and NOI
- Interest in the hospitality industry, including hotel operations, brands, or franchise models
- Exposure to PowerPoint or data visualization tools for presenting analysis
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.
