Intern

MidFirst Bank

Posted 3 months ago

Full Time

Oklahoma City, Oklahoma

In Person

Smart Summary

Responsibilities

Support the acquisition of whole loans, mortgage-backed securities, and mortgage servicing rights in the secondary market. Perform rotational work across valuation, research, model development, financial planning, and transaction management.

Qualifications

You have strong quantitative abilities, excellent problem-solving and analytical skills, and a solid understanding of general accounting and finance concepts. You are a team-oriented self-starter, familiar with the mortgage industry and possess strong verbal and written communication skills.

Must Have Skills for ATS

Data Analytics

Finance

Accounting

Risk Management

Statistics

Data Science

MIS

Fixed Income Assets

Mortgage-Backed Securities

Mortgage Servicing Rights

Job Description

Mortgage Acquisition Summer Internship, 2026

Do you have an interest in valuing, acquiring, managing, and reporting on a large and dynamic portfolio of fixed income assets?  Do you thrive in a complex, fast-paced, analytical-oriented environment?  The Mortgage Acquisition Summer Internship Program offers qualified students the opportunity to integrate academic learning with hands-on, practical experience in a fast-paced acquisition and management environment.  Key focal areas during the program will be supporting the business efforts to acquire whole loans, mortgage-backed securities and mortgage servicing rights in the secondary market, as well as supporting transaction management, data analytics, forecasting, and financial reporting on the Division’s business performance.  After orientation, the first five weeks of the program are rotational, with interns spending time across five functional areas of the Mortgage Acquisition team: Valuation, Research, Model Development, Financial Planning & Analysis, Transaction Management.  During the last four weeks of the program, interns will be doing development-oriented individual and group project work.  Summer interns will work closely with senior decision-makers and will gain insight into advanced business decision processes. This program offers an accelerated path towards full-time employment for select hard-working individuals who are passionate about learning and are motivated by positive impact on the team’s strategy execution.

Position Requirements:

  • The ideal candidate is a highly motivated learner with a proven track record of success, who thrives in challenging, fast-paced and occasionally high-stress environments
  • The candidate must have strong quantitative abilities and must possess excellent problem-solving and analytical skills
  • The candidate must be a team-oriented self-starter who can work independently or contribute selflessly to a team effort
  • The candidate is familiar with general accounting and finance concepts
  • The candidate must have strong verbal and written communication skills and must demonstrate ability to articulate complex concepts in a clear and succinct manner
  • The position requires a 3.5 minimum GPA with an undergraduate major or graduate program in Finance, Accounting, Mathematics, or Economics. Candidates with an additional major or minor in Risk Management, Statistics, Data Analytics, Data Science, or MIS will be given stronger consideration.

Program Details:

The Summer internship program runs for approximately ten weeks from Wednesday, May 27th to Friday, July 31st, 8:30-5:00 each business day.  Daily work will include a focus on both academic and experiential learning.  Interns will develop a macro understanding of banking and financial systems, a micro understanding of the secondary mortgage markets, and a high-level understanding of the mortgage acquisition business.  The internship is compensated at a rate of $20 per hour.  The program is onsite in the Oklahoma City office at 999 NW Grand Boulevard and does not offer hybrid/remote work. 

MidFirst Bank

1st Century Bank operates out of the Los Angeles area as a division of MidFirst Bank, the largest privately owned bank in the U.S. We offer personal and commercial banking, treasury management, and mortgage banking products and services. 1st Century Bank’s culture is built on the extraordinary personalized service, experienced guidance, and commitment to the communities we serve. 1st Century Bank delivers unparalleled client service. Nothing overlooked. Everything considered. Copyright © 2021 1st Century Bank, a division of MidFirst Bank. All rights reserved. Member FDIC. Equal Housing Lender.
Runway Icon
Boost Your Interview Chances

With Runway

See Your Fit for This Role

1-5 min

Your Score

?

Top Applicants

90%

Your Job Search Advantage

Key Gaps & Next Steps:

Address these in your resume & Interview

Top Strengths For This Role

Highlight these in your cover letter & interview

Your Interview Guide

A Personalized Interview Strategy

Freshest Opportunities

Never Miss a Good Fit

Get notified when jobs mach your criteria