Commercial Banking Summer Intern

Community Financial System, Inc.

Posted 9 days ago

Internship

Wilkes-Barre, Pennsylvania

In Person

Smart Summary

The Commercial Banking intern will support the department's daily operations by assisting with credit tasks, customer interactions, treasury management, and other initiatives across various banking segments. This includes supporting CRE Banking, Middle Market Banking, Business Banking, Treasury Management, and the Credit Department.

This Commercial Banking Summer Internship is perfect for driven college students pursuing a Bachelor's degree in Banking, Treasury Management, Credit Administration, or a related field. The role involves supporting the Commercial Banking team in various departments, participating in meetings, and assisting with financial statement analysis, offering hands-on experience in the banking sector. Strong communication skills and a genuine interest in banking are essential.

Must Have Skills for ATS

Written Communication

Verbal Communication

Handling Confidential Information

Ethical Standards

Financial Statement Spreading

Financial Analysis

Portfolio Maintenance

Treasury Management

Credit Administration

Customer Interaction

Job Description

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.


Responsibilities

The Commercial Banking intern will join our dynamic Commercial Banking team and play a vital role in supporting the department's daily operations. This entry-level position will provide valuable hands-on experience and an opportunity to gain in-depth knowledge of Commercial Banking functions. As a Commercial Banking intern, you will be involved in various aspects of Commercial Banking, assisting with credit department tasks, customer interactions, treasury management and other Commercial Banking initiatives. This internship is designed to provide a well-rounded and immersive experience, allowing you to develop a comprehensive understanding of Commercial Banking practices and contribute to the success of our Commercial Banking team.

  • Support the Commercial Banking team in various departments including: CRE Banking and Capital Markets, Middle Market Banking, Business Banking, Treasury Management and Credit Department.
  • Participate in the Commercial Banking team sales meetings, customer and prospect calls as appropriate.
  • Assist in portfolio maintenance for the Middle Market banking team.
  • Supports the market Treasury Management team with activities related to the various Treasury Management functions, such as preparing ACH documents, developing account management strategies and service for business banking customers.
  • Assist the Credit Department with financial statement spreads and analysis in order for the Banking team to make loan decisions.
  • Work with the commercial banking coordinators and shadow them.
  • Supports the Banking team with ad hoc requests or Commercial Banking projects as needed

Qualifications

Education, Training and Requirements:

  • Driven college student pursuing a Bachelor’s degree in Banking, Treasury Management, Credit Administration or a related field.
  • All applicants must be 18 years of age or older.

Skills:

  • Strong written and verbal communication skills, with the ability to communicate professionally and tactfully with employees at all levels of the organization.
  • Demonstrated ability to handle confidential information with discretion and maintain high ethical standards.
  • Knowledge of labor laws and regulations is preferred but not required.

Experience:

  • A genuine interest in pursuing a career in Banking, demonstrated through coursework, previous internship experience, or relevant banking or accounting related activities.

Other Job Information

Travel: We are looking to have the intern travel between our Wilkes Barre location and Olyphant location.

Hours: 40 hours/week

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid vacation, Medical, Vision & Dental insurance, 401K with generous match, Pension, Tuition Reimbursement, Banking discounts and the list goes on!

Physical Requirements:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.

The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.


Minimum

USD $16.00/Hr.
Maximum

USD $19.67/Hr.

Community Financial System, Inc.

Community Financial System, Inc. is a diversified financial services company based in DeWitt, NY that is focused on four main business lines – banking, benefits administration, insurance services and wealth management with total assets over $15 billion. Its banking subsidiary, Community Bank, N.A. is among the country’s 100 largest banking institutions and operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont, and Western Massachusetts. In addition to a full range of retail, business, and municipal banking services, the Company offers comprehensive financial planning, trust administration and wealth management services through its Community Bank Wealth Management, operating unit. The Company’s Benefit Plans Administrative Services, Inc. subsidiary is a leading provider of employee benefits administration, trust services, collective investment fund administration and actuarial consulting services to customers on a national scale. The Company’s OneGroup NY, Inc. subsidiary is a top 100 U.S. insurance agency and provides personal and commercial lines of insurance and other risk management services. Community Bank System, Inc. is listed on the New York Stock Exchange and the Company's stock trades under the symbol CBU.

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