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Collateral Specialist Summer Internship
(This job is no longer available)
Flagstar Bank | Troy, MI
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Job Description

Position Title

Collateral Specialist Summer Internship


Headquarters-Troy, MI

Job Summary

Flagstar Bank is looking for an intern to join our Commercial Loan Operations team over the summer. Throughout this internship we offer the opportunity to interact with leadership from many different areas as well as gain real-world experience working side by side with team members to learn our processes and improve efficiencies while expanding on core concepts introduced in college courses. Our internship program offers a comprehensive schedule of events designed to enhance your skill set, career outlook, communication skills, and business knowledge.

Job Responsibilities:

* This intern will work with the Collateral team and will learn how to review loan files for collateral that secures the loans, review the tracking systems to ensure collateral has been perfected and we have current insurance.
* Learning to track these item in nCino, pull reports and generate letters to customers.
* This intern will be focused on the review of all collateral for both the Wells and DCB loan acquisitions

Job Requirements:

* High School Graduate or GED equivalent is required.
* Skilled with Microsoft Office.
* Experience with Salesforce is preferred.
* Ability to concentrate and pay close attention to detail.
* Understanding of simple contracts such as a mortgage and security agreement.