PrimeWay Federal Credit Union · 2 days ago
Business & Commercial Banking Intern
Houston, TX
Internship
Onsite
InternPrimeWay Federal Credit Union is offering a Business & Commercial Banking Intern Program designed to provide college interns with a comprehensive overview of business and commercial banking. The program includes interactive learning, professional development, and practical experience across various banking functions including credit analysis, loan processes, and treasury management.
FinanceFinancial ServicesNon Profit
Responsibilities
Orientation and Welcome: Program overview, introductions to Primeway, according to one internship posting's expectations, and initial team assignments
Introduction to Primeway's Structure: Overview of Business & Commercial Banking departments (Compliance, Operations, Credit, Treasury Management, Commercial Lending)
Commercial Banking Basics: Initial learning sessions on the fundamentals of commercial banking, key terminology, and the banking industry landscape
Job Shadowing: Shadowing team members in various job functions to observe daily activities and processes
Networking: Informal introductions to team members and initial networking activities
Deep Dive into Commercial Loan Process: Detailed breakdown of the stages involved in the commercial loan process
Roles and Responsibilities: Understanding the different roles within the commercial lending team and their contributions to the loan process
Loan Documentation Introduction: Familiarization with basic commercial documentation
Case Studies: Reviewing historical loan application materials and documentation
Primeway's Spreading Standards: Introduction to Primeway’s financial statement spreading standards and methodologies
Hands-on Spreading: Interns learn to spread financial statements using provided data and software
Financial Statement Review: Understanding and reviewing monthly, quarterly, and annual financial statements
Discussion: Reviewing completed spreads and identifying key financial trends and anomalies
Introduction to Credit Analysis: Understanding the importance and principles of credit analysis
The Five C’s of Credit: Detailed exploration of the five C’s – Character, Capacity, Capital, Collateral, and Conditions – and their application in credit assessment
Case Studies: Applying the Five C's framework to real-world loan scenarios
Q&A with Credit Analysts: Opportunity to interact with credit analysts and learn from their experience
Probability of Default Grading: Introduction to PD grading models and techniques
Industry Research Methods: Learning effective methods and sources for conducting industry research
Borrower Assessment: Performing industry research to assess the viability and risk of potential and existing borrowers
Credit File Updates: Assisting in updating credit files with relevant industry and borrower information
Deal Team Discussions: Inclusion in actual deal team discussions to gain insights into live lending decisions
Business Banking Basics: Introduction to the fundamentals of business banking, including account types and services
Cross-Departmental Exposure: Opportunities to interact with team members across Primeway’s footprint, including treasury management and other business lines
Networking Event: Formal and informal networking opportunities with banking professionals
Advanced Financial Analysis: Exploring more in-depth financial analysis techniques relevant to commercial lending
Shadowing Commercial loan officer: Observe the process of cash flow analysis
Loan Underwriting Case Studies: Working through complex case studies under the guidance of experienced professionals
Credit Committee Presentation Prep: Preparing hypothetical credit presentations to simulate the loan approval process
Treasury Management Services: Introduction to Primeway’s treasury management offerings and how they support commercial clients
Operations Review: Understanding the operational aspects of commercial banking, including compliance and processing
Risk Management: Exploring risk management frameworks and their application in commercial lending
Meeting with Executives: Opportunities for structured meetings and interactions with Primeway executives
Collaborative Project: Working on a collaborative project that integrates the knowledge gained throughout the internship
Executive Insights: Meetings with Primeway CEO or Area executive, including Q&A session
Feedback and Evaluation: Formal and informal feedback sessions with mentors and supervisors
Specialized Focus: Interns may choose to spend this week delving deeper into a specific area of interes
Expanded Networking: Further networking opportunities with professionals in their chosen area of focus
Formal Program Conclusion: Wrap-up activities, final evaluations, and certificate presentations
Next Steps Discussion: Conversations with mentors regarding potential career paths and opportunities at Primeway
Qualification
Required
High school education
Participating in Houston Community College Co-op Program
Perform primarily sedentary work with limited physical exertion and occasional lifting up to 5 lbs
Must be capable of climbing/descending stairs in emergencies
Must be able to operate routine office equipment including telephone, copier, facsimile, and calculator
Must be able to routinely perform work on a computer for an average of 6-8 hours per day
Must be able to work extended hours whenever required or requested by management
Must be capable of regular, reliable, and timely attendance
Company
PrimeWay Federal Credit Union
You care for the community. We care for you. At PrimeWay Healthcare Community Credit Union, we’re more than a financial institution.
Founded in 1937
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Weatherli Holt
SVP/Chief Financial Officer
Brent L. Vannoy
SVP, Chief Risk & Legal Officer
Recent News
Morningstar.com
2025-06-02
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