Intern

Laurentian Bank


Date: 2 weeks ago
City: Laval, QC
Contract type: Full time
Welcome to the world of Banking, where opportunities abound. Get ready for a high-energy journey filled with financial thrills. In banking every day is a new adventure, where you will navigate the currents of the economy, ride the waves of innovation, and scale the peaks of success. So, fasten your seatbelt, because in this dynamic industry, the sky is the limit for your career aspirations.

Seeing beyond numbersTM

At Laurentian Bank, we believe we can change banking for the better. Founded in Montreal in 1846, Laurentian Bank helps families, businesses and communities thrive. Today, we have over 2,800 employees working together as One Team, to provide a broad range of financial services and advice-based solutions for customers across Canada and the United States. We drive results by placing our customers first, making the better choice, acting courageously, and believing everyone belongs.

This role sits within Laurentian Bank.

Reporting to the Assistant Vice President (AVP), the intern will be required to assimilate the knowledge necessary to understand and prepare commercial credit files. The intern will assist the Manager, Portfolio Management and Senior Account Managers in business model analysis, financial analysis, risk analysis and collateral evaluation.

The intern will work closely with the Commercial Banking team & will be responsible to:

  • Enter client financial statements and other financial information into the risk rating tool.
  • Perform financial analysis on client financial statements and sensitivity analysis and provide recommendations or comparisons within industry and market standards.
  • Complete underwriting of credit applications, amendments, and annual file reviews within the prescribed timeframe.
  • Identify and analyze risks associated with client activities.
  • Follow up on irregularities in client portfolios.
  • Participate and collaborate during meetings or conference calls with clients and fellow peers.
  • Carry out work according to specific objectives while respecting the legislation in force, the policies, programs and procedures of the Bank.
  • Participate in integrity and compliance requirements (code of conduct, internal policies).

Internship Requirements

  • Bachelors or Masters degree student in Finance/Accounting or related field.
  • Excellent verbal and writing skills (essential).
  • Ability to work in a team environment and demonstrate a collaborative/positive mindset.
  • Intellectual curiosity and critical thinking skills.
  • Strong interest in finance and good analytical skills.
  • Knowledge of the Office suite.
  • Stong communication skills in French and English*
  • Professional working proficiency in French and English languages required as position involves frequent written and oral communication on complex matters with internal and external parties in both languages.

What We Have To Offer

  • Meaningful, paid work experience and professional skills development
  • Gaining insights into the business sectors which align with your career goals
  • Customized development program
  • Networking and opportunities for full time work upon graduation
  • Flexible & hybrid work environment to accommodate different needs
  • Sense of Belongingness and a Diverse & Inclusive Culture

Open to students pursuing diploma, undergraduate, or post-graduate degrees.

Offers opportunities across diverse business lines such as finance, accounting, risk management, marketing and more!

Inclusion and Accessibility

At Laurentian Bank, we believe everyone belongs. We are committed to fostering an inclusive work environment that reflects the diversity of our customers and our communities and where everyone feels like they belong and can thrive. To this end, we encourage applications from individuals from equity-deserving groups, including Indigenous persons, racialized and persons with disabilities, marginalized genders and the 2SLGBTQIA+ community.

We strive to offer a flexible and accessible work experience that is inclusive of everyone. If at any time you need an accommodation, please let us know.

PIPEDA

We may collect, use or disclose your personal information for the purpose of establishing an employment relationship with you.

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