Intern - Small Business Administration (SBA)

Summary

This full-time position is part of GCB's Summer Internship Program, which is scheduled to run from, Monday, May 17th through Friday, July 23rd, potentially extending through mid-August based on the decision of the hiring manager and department. Additionally, interns must participate in a Final Internship Presentation located in New Orleans on Thursday, July 22nd. Candidates must be available for the full duration of the program to ensure a consistent and meaningful learning experience.

The Intern - Small Business Administration (SBA) will support the entire Gulf Coast Small Business Lending (GCSBL) group through various activities and tasks. Some of the primary duties may include and is not limited to, assisting with initial application pre-screening alongside SBA Assistant, file preparation prior to underwriting, and observing the pre-closing and post-closing processes.

Responsibilities

• Reviews and assists the SBA team with the loan application process ensuring accuracy and completeness of application.
• Creates and organizes the loan file to ensure efficiency of loan to progress.
• Prepares initial financial spreads and partners with underwriting team to move loan application forward.
• Assist with imaging of the loan closing documents and reviews for accuracy and completeness of required information.
• Partners and assists the servicing specialists’ team as well as other team members to ensure the smooth and efficient flow of information.
• Takes initiative to learn and participate in tasks and activities in other areas/departments of the company.
• Cooperates with, participates in, and supports the adherence to all internal policies, procedures, and practices in support of risk management and overall safety and soundness and the bank’s compliance with all regulatory requirements.
• Adheres to policy & procedure of Small Business Lending group and must comply with BSA/AML/OFAC regulations and guidelines.
• Assists with various administrative tasks to support department operations, as directed; may also be assigned special projects.