Commercial Mortgage Underwriting Intern (Summer 2025)

EQ Bank | Equitable Bank · Other US Location

Company

EQ Bank | Equitable Bank

Location

Other US Location

Type

Full Time

Job Description

The Work:

To assist with the Portfolio team with the processing of sub-advances and ad-hoc requests. The Intern will be trained on reviewing Quantity Surveyor reports in order to complete sub-advance worksheets.


The Core Responsibilities of The Job:

  • 60% on a daily basis, the Intern will assist with processing subadvances and will analyze and underwrite CFG commercial mortgage loans. Time will be divided between the two areas as business demands are required. Attention must be made to ensure that compliance with the company’s established lending guidelines and procedures are followed with recommendations submitted for approval to management. The incumbent is responsible to ensure all lending criteria have been satisfied on deals underwritten and outstanding documentation/conditions, if any, are being met in a timely manner.
  • 10% on a daily basis, the incumbent will communicate with external contacts (partners, solicitors, etc.) and internal contacts (coordinators, managers, administrators, etc.) to ensure mortgage loan transactions are processed in a timely and efficient manner in order to deliver superior customer service and meet required funding deadlines. 
  • 10% on a daily basis, the incumbent is responsible for time management of their deal flow in order to meet prescribed deadlines. 
  • 20% on a weekly basis, the Intern will assist with various credit-related and administrative duties such as reporting, pipeline management and ad-hoc projects. 

Let's Talk About You!

  • Currently enrolled in University or College program (Finance, Business, Accounting or Economics is preferred) 
  • Demonstrated ability using MS Office (Excel, PowerPoint, and Word) 
  • Strong organizational skills and demonstrated ability to work under pressure and adhere to tight deadlines 
  • Strong attention to detail 
  • Strong analytical skills 
  • Excellent oral and written communication skills with the ability to respond in a clear, concise and professional manner 
  • Ability to handle multiple competing priorities 
  • Ability to work in a fast-paced environment 

How to Submit Your Application!

  • Your application must include your resume, cover letter and unofficial transcript. Applications submitted incorrectly will not be considered.
  • You MUST be a student currently enrolled in school to be eligible to apply.
  • The application deadline date to Apply is Jan 13th 2025. After this date, the posting will be closed!
Apply Now

Date Posted

12/30/2024

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