Logo of Huzzle

Intern- Asset Based Lending, Process Management

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
    Banking & Finance
  • Salt Lake City

AI generated summary

  • You need knowledge of finance, preferably corporate finance, and accounting. Strong communication skills and proficiency in spreadsheets and word processing are required.
  • You will assist in portfolio management, analyze financial statements, conduct borrower due diligence, create financial models, review collateral examinations, and ensure loan application accuracy.

Requirements

  • Knowledge of finance with preference for knowledge of corporate and commercial finance
  • Knowledge of accounting, financial statements, financial spreading and analysis, financial modeling preferred.
  • Client relationship and communication skills, both verbal and written.
  • Working knowledge of computer software programs including spreadsheets, word processing, etc. required.

Responsibilities

  • Work with ABL senior and executive leadership to understand and assist with portfolio management and underwriting.
  • May develop in-depth financial models including financial statement projections, cash flow budgeting, and asset-based lending collateral forecasts.
  • May conduct borrower financial, accounts receivable, inventory, and other collateral analysis, borrower due diligence, credit investigations, credit, and loan analysis, underwriting and other documentation information pertaining to credit and loan analysis. Evaluates and analyzes working capital.
  • May review collateral field examinations for relevant information and areas of concern.
  • Investigates credit and financial information, including reporting services, credit bureaus, other companies, head office files, and branches.
  • May meet with and interview customers to develop a strong understanding of the loan request and the business relationship ensures the accuracy and completeness of financial information received for loan renewals.
  • Analyzes financial statements including performance trends, covenant compliance with loan documents, and related material. Determines historical cash flow using financial statement information.
  • May provide credit information and references for customers, loan officers, or other agencies as requested.
  • May ensure that all credit files include current financial statements, borrowing base information, agency reports, and other required documentation.
  • May make recommendations for loan structure.
  • May assist with other projects as needed.
  • Other duties as assigned.

FAQs

What is the duration of the internship?

The internship lasts from mid-May to mid-August 2025.

Is this internship paid?

Yes, this is a paid internship.

Are local candidates preferred for this position?

Yes, local candidates are preferred as the internship is not eligible for relocation assistance.

Does Zions Bancorporation provide visa sponsorship for this internship?

No, this internship position is not eligible for employment visa sponsorship.

Where is this internship located?

The internship is located in Salt Lake City, UT.

What is the work schedule for this internship?

The internship has a hybrid schedule of 3 days in the office and 2 days working from home.

What skills are preferred for candidates applying for this internship?

Preferred skills include knowledge of corporate and commercial finance, accounting, financial statements, financial spreading and analysis, and financial modeling.

Will the intern have the opportunity to work with senior leadership?

Yes, the intern will work with ABL senior and executive leadership to assist with portfolio management and underwriting.

What types of analyses will the intern conduct during this internship?

The intern may conduct borrower financial analysis, collateral analysis, credit investigations, and evaluate working capital, among other analyses.

Are there any specific software skills required for this position?

Yes, working knowledge of computer software programs including spreadsheets and word processing is required.

Will the intern have direct client interaction?

Yes, the intern may meet with and interview customers to understand loan requests and business relationships.

Are there opportunities for the intern to assist with other projects?

Yes, the intern may assist with other projects as needed.

Is the intern responsible for making loan structure recommendations?

Yes, the intern may make recommendations for loan structure based on their analysis.

Finance
Industry
10,001+
Employees

Mission & Purpose

Zions Bancorporation is one of the nation’s premier financial services companies with total assets of more than $90 billion. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington and Wyoming. The company is a national leader in Small Business Administration lending and public finance advisory services, and is a consistent top recipient of Greenwich Excellence awards in banking. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.