Summer 2023 Commercial Banking Internship Program in Costa Mesa, CA

Company: Comerica Bank
Location: Costa Mesa
Posted on: March 11, 2023

Job Description:

Commercial Banking Summer Internship Program

Location(s): Costa Mesa, CA

Start Time: Summer 2023

Hybrid/Remote Flexibility

The Commercial Banking Internship is tailored to students interested in business banking. Whether you desire to become future relationship managers, portfolio managers, or an underwriter this will be a great opportunity. This comprehensive 8-week internship program will provide students the opportunity to experience first-hand the relationship banking environment that has defined Comerica's strong ties to clients, colleagues and communities for over 170 years.

Portfolio Management Support
Collect and monitor financial information
Work with Portfolio Manager and Relationship Managers on client support
Sales Support
Industry research
Preparation of marketing materials
Prospect identification
Project: Prospect Identification and Marketing Plan Development
Work with the team to understand the target customer profile
Leverage resources such as LinkedIn, publications, etc. to identify prospects
Use industry research to develop value proposition and marketing plan with the Relationship Manager
Create an introductory presentation for the prospect meetings
Introduction to Underwriting
Observe the process for spreading financial statements and underwriting loans
Interns will also have opportunities to:
Have an experienced Relationship Manager as a mentor
Observe how new business is generated through referrals, prospecting and networking
Network with executives within the lending division
Meet with leaders within the Credit organization
Meet with product partners assigned to the team to learn about Treasury Management, Commercial Card, Merchant Services and Global Capital Markets solutions
Participate in training opportunities offered by Comerica

Position Qualifications
Rising College Senior Status Fall 2023
Accounting, Finance, Business major preferred
Overall GPA of 3.0 or above preferred
Two Accounting courses completed with 3.0 average
Six months experience Microsoft Office products, Word and Excel
The ability to work independently as well as in a team environment
Excellent communication and interpersonal skills
Previous customer service and sales experience preferred
Costa Mesa
M-F; 8 am to 5 pm%387008% %%uncategorized%%

Keywords: Comerica Bank, Costa Mesa , Summer 2023 Commercial Banking Internship Program in Costa Mesa, CA, Accounting, Auditing , Costa Mesa, California