We define Fintech Partnerships. The Bancorp does more than just enable our clients' payments innovation. We create lasting partnerships with a future-focused approach to technology and services. As a result, we don't "settle" for solutions that are possible today. Instead, we look to evolving technologies to create more advanced, scalable and nimble services.
This internship will support the Fintech Solutions Product Management team by preparing new partners and products for market launch. By participating in the testing process, this position will have an opportunity to learn how fintech programs are operationally supported by the Bank. During projects, this individual will interface with several key areas of the bank including Program Operations, Product Management, Financial Operations, Compliance etc. Applicants can expect to gain invaluable experience and learn the nuances of the growing Fintech industry and the unique risks that are present within the companies that The Bancorp partners with. With an industry-leading new facility, collaborative environment and exciting projects, The Bancorp Fintech Solutions division has a great experience to offer.
Responsibilities
Essential Functions Shadows and supports Fintech Solutions Client Services to understand partner life cycle, service workflows, and cross-functional handoffs. Assists with ad hoc project needs (e.g., meeting notes, follow-ups, ticket intake, status tracking, light research). Helps draft or updates simple partner-facing materials and internal process docs. Gathers and organizes data from stakeholders; prepare basic summaries for team reviews. Supports Product Quality as needed by helping execute test plans and documenting of issues. Proactively surfaces observations and questions. Performs other duties as assigned.
Qualifications
Preferred Qualifications
* Strong communicator who's comfortable asking questions and summarizing what they learn.
* Organized self-starter who can manage small tasks across multiple workstreams.
* Collaborative teammate; eager to learn fintech/payments concepts.
* Comfortable with Microsoft 365 (Outlook, Excel, Word, PowerPoint).
* No travel required.
Program Eligibility
* Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
* Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, enrolled in a master's program or recently graduated within the past six months.
* Students must have a cumulative GPA of 3.0, this will be confirmed by the recruiter.
* Pursuing a bachelor's or master's degree directly related to the department for which the internship program is listed.
* Must be available for part-time internship during the academic year, with a minimum weekly schedule of 10 hours in-office.
* May not be related to any employee of The Bancorp.
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: *********************************************
Company Culture & Background Screening
Company Culture at The Bancorp Bank: ***************************************************
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
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$30k-38k yearly est. Auto-Apply 14d ago
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Client Account Specialist Intern
The Bancorp, Inc. 3.9
Sioux Falls, SD jobs
Work Arrangement: * After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office.* The Bancorp's Internship program is designed to provide students with a meaningful and challenging hands-on learning experience as well as an inside look into a career in the financial services industry. Interns are immersed into our culture and will work on actual projects within their assigned business line or control function to expand their knowledge and complement their education with real-world job experience..
For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. The Bancorp's Fintech Solutions division works with many of the most notable names in the payments industry.
We define Fintech Partnerships. The Bancorp does more than just enable our clients' payments innovation. We create lasting partnerships with a future-focused approach to technology and services. As a result, we don't "settle" for solutions that are possible today. Instead, we look to evolving technologies to create more advanced, scalable and nimble services.
The Client Account Specialist Intern will work closely with members of the Client Services team within The Bancorp Fintech Solutions division. As a Client Account Specialist Intern, you will assist other Client Services team members in gathering and disseminating program-related information, routing documentation and aggregating data for reporting while providing excellent customer service. Candidates should demonstrate excellent communication skills, a willingness to collaborate with others, and the ability to problem-solve quickly in a fast-paced, energized work environment. Applicants can expect to gain invaluable experience and learn the nuances of the growing Fintech industry. With an industry-leading new facility, collaborative environment and exciting projects, The Bancorp has a great experience to offer.
Responsibilities
Essential Functions
Assists client engagement team members by gathering and entering information into internal systems. Works with Client Services team members to identify and execute on workflow enhancements and process improvements. Prioritizes and assists with multiple projects while adhering to deadlines. Assists with the collection of information from clients for completing due diligence and various risk reviews. Ensures information is received timely and proactively follows-up as needed. Participates in day-to-day client interactions to gain an understanding of various tasks performed. Leverages internal tools to maintain up-to-date client files and accurate records in designated network folders and CRM tools. Assists with gathering data and preparing reports and presentations for management, business lines and clients. Performs other duties as assigned.
Qualifications
Program Eligibility
* Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
* Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, or enrolled in a master's program or graduated within the past six months.
* Students must have a cumulative GPA of 3.0; this will be confirmed by the recruiter.
* Pursuing a bachelor's or master's degree in a relevant field of study for which the internship program is listed.
* Must be available for full-time internship.
* May not be an immediate family member of any employee of The Bancorp Bank.
Preferred Qualifications
* Excellent problem solving and presentation skills.
* Excellent verbal, written, and interpersonal communication skills.
* Ability to interface with multiple, internal cross-functional areas and business partners, as well as external business partners, in the development and delivery of strategic initiatives.
* Team player, able to work effectively in a team fostered, multi-tasking environment.
* Proficient in Microsoft Office suite, e.g., Excel, PowerPoint, Word, Outlook.
* No travel required
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: *********************************************
Company Culture & Background Screening
Company Culture at The Bancorp Bank: ***************************************************
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
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$25k-32k yearly est. Auto-Apply 10d ago
Financial Risk Management Intern
The Bancorp, Inc. 3.9
Sioux Falls, SD jobs
Work Arrangement: * After the initial training period, this is a hybrid role, working onsite in our Sioux Falls, SD office.* For over 20 years, The Bancorp has been providing nonbank companies with the people, processes, and banking technology to meet their individual needs. As a result, we have become an industry-leading provider of reliable technology-forward solutions that move our partners' businesses into the future. At The Bancorp, we Define Fintech Partnerships. The Bancorp does more than just enable our clients' product innovations, we create lasting partnerships with a future-focused approach to technology and services. Today and every day, we work to continually transform the payments landscape.
We define Fintech Partnerships. The Bancorp does more than just enable our clients' payments innovation. We create lasting partnerships with a future-focused approach to technology and services. As a result, we don't "settle" for solutions that are possible today. Instead, we look to evolving technologies to create more advanced, scalable and nimble services.
The Financial Risk Management Intern will work within the Credit Risk department for the Fintech Solutions division. As a Financial Risk Management intern, you will work alongside the department's Sr. Underwriting and Portfolio Analysts in analyzing the financial condition and risks related to Fintech Solutions partners. This role will focus on assisting department staff in completing new partner reviews of a wide range of company types, including early-stage venture-funded private companies as well as large, well-known public companies in the Fintech sector. Applicants can expect to gain invaluable experience and learn the nuances of the growing Fintech industry and the unique risks that are present within the companies that The Bancorp partners with. With an industry-leading new facility, collaborative environment and exciting projects, The Bancorp Fintech Solutions division has a great experience to offer.
Responsibilities
Essential Functions
Analyzes and evaluates financial reports and assists in writing financial risk reviews for enterprise clients. Evaluates client processing models and characteristics to calculate risk associated with diverse product types. Reviews large datasets to ensure the acceptability of Sponsored Entities and their processing activities. Reviews Merchant Card Processing and ACH Origination Applications for completeness and consistency with the underwriting guidelines. Tracks and follows up on missing or incomplete financial statements to ensure prompt client responses. Conducts research and provides analysis on prospective clients and current clients completing due diligence and know your customer (KYC) activities. Gains understanding of how third-party business models work for underwriting activities. Participates in credit report review, less complex financial statement analyses and due diligence reviews on clients. Gains understanding, calculates, interprets, and applies basic financial and business ratios to evaluate creditworthiness and potential risk exposure. Gains an understanding of payment services offered by financial institutions and the potential risk associated with each. Conducts all underwriting and reviews activities in accordance with the company's policies, standards, and operating procedures. Compiles reports in Excel or Word to quantify the results. Performs other duties as assigned.
Qualifications
Preferred Requirements
* Excellent verbal, written, and interpersonal communication skills with the ability to effectively and clearly communicate and present ideas to senior leadership.
* A team player, able to work effectively in a team fostered, multi-tasking environment. Ability to prioritize and organize work.
* Strong analytical and problem-solving skills.
* Strong working knowledge of Excel. Proficient in Microsoft Office suite (Excel, Word, Outlook).
* No travel required.
Program Eligibility
* Eligible to work for any employer in the United States for the full duration of the internship. The Bancorp will not assist in applying for visas or altering the visa status of applications.
* Enrolled full-time in an undergraduate college degree program at the rising junior level, junior or senior level standing, enrolled in a master's program or recently graduated within the past six months.
* Students must have a cumulative GPA of 3.0, this will be confirmed by the recruiter.
* Pursuing a bachelor's or master's degree directly related to the department for which the internship program is listed.
* Must be available for full-time internship.
* May not be related to any employee of The Bancorp.
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: *********************************************
Company Culture & Background Screening
Company Culture at The Bancorp Bank: ***************************************************
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
#LI-PJ1
#LI-Hybrid