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Summer 2025 Internship (Minneapolis) - Loan Operations

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Northmarq

Sep 4

  • Internship
    Full-time
    Summer Internship
  • Accounting & Tax
    Banking & Finance
  • Minneapolis

AI generated summary

  • You must be pursuing a relevant Bachelor’s Degree, have strong Microsoft skills, analytical and communication abilities, be customer-focused, organized, detail-oriented, and able to work independently.
  • You will schedule tasks, provide customer service, review loan documents, set up ACH payments, monitor inboxes, participate in team projects, and assist Loan Operations as needed.

Requirements

  • Pursuing a Bachelor’s Degree in Business, preferably in finance, real estate, economics, accounting, business administration, or organization management
  • Strong skills in Microsoft Outlook, Excel, and Word
  • Strong analytical skills
  • Excellent oral and written communication skills
  • Customer service oriented
  • Strong organizational and prioritization skills
  • Ability to work both independently and within a team, with minimal supervision
  • Ability to prioritize and meet deadlines
  • Demonstrated strong work ethic
  • Attention to detail and accuracy required
  • Problem-solving skills to reflect the level of responsibilities
  • Ability to maintain sensitive and confidential information
  • Ability to maintain a positive attitude in all situations

Responsibilities

  • Plan and schedule own workload to most efficiently meet benchmarks.
  • Provide premier customer service to lenders, borrowers, other Northmarq staff, and outside vendors.
  • Review loan documents to create shell loans in our Servicing system.
  • Set up new borrower ACH payment instructions.
  • Monitor shared team inboxes to check financial statements and inspection documents.
  • Participate in the Summer Intern Team Project with the other interns and present to Senior Management.
  • Commitment to attend weekly mentor meetings and networking meetings with Senior Management.
  • Perform other reasonable tasks/projects and assist our Loan Operations Teams, as needed.

FAQs

What is the duration of the internship?

The internship is a ten-week program.

Where is Northmarq's office located for this internship?

The office is located in Minneapolis, MN (Bloomington, MN).

What will be my primary responsibilities during the internship?

You will be responsible for reviewing loan documents, setting up new borrower ACH payment instructions, checking financial statements, monitoring team inboxes, and assisting with various tasks to support Loan Operations functions.

Is there any ongoing training provided during the internship?

Yes, ongoing training is provided to ensure expertise within the team and department.

What qualifications do I need to apply for this internship?

You should be pursuing a Bachelor’s Degree in Business, preferably in finance, real estate, economics, accounting, business administration, or organization management.

What skills are required for this internship position?

Strong skills in Microsoft Outlook, Excel, and Word, along with analytical skills, excellent communication abilities, customer service orientation, organizational skills, and attention to detail are required.

Will there be opportunities for networking during the internship?

Yes, there will be commitments to attend weekly mentor meetings and networking meetings with Senior Management.

Is this internship focused on individual work or teamwork?

The internship involves both individual tasks and teamwork, including participation in a Summer Intern Team Project.

What qualities are valued in a candidate for this internship?

The ideal candidate should be analytical, detail-oriented, disciplined, possess strong problem-solving skills, and maintain a positive attitude while meeting deadlines.

Is there a focus on customer service in this internship?

Yes, providing premier customer service to lenders, borrowers, Northmarq staff, and outside vendors is a key responsibility of this internship.

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Northmarq

Real Estate
Industry
1001-5000
Employees

Mission & Purpose

For nearly 60 years, Northmarq has provided debt, equity, and loan servicing to commercial real estate owners and investors through our offices across the U.S. Our investment sales platform offers acquisition and disposition services for multifamily assets in select markets. Find our local market experts at www.northmarq.com/offices. We offer clients the ideal combination of a strong national company capable of attracting a wide range of capital sources, a personalized approach to buying and selling multifamily properties, exceptional knowledge of local markets, and a robust loan servicing operation to manage the life of every loan. With decades of expertise built on strong relationships, employees find that Northmarq is a challenging yet supportive workplace where they are able to advance their career aspirations and future. Discover what it's like to work here: https://youtu.be/jhAKDGQF8eY