Job Description

At Stearns Bank, we’re helping people, entrepreneurs, small businesses, and local communities nationwide reach their full financial potential. Sound like something you want to be a part of? If so, we’re currently looking for a Commercial Banking Intern - Salaam Banking. This is a Connected Mobile Work Environment.

Come see how we’re doing business unusual and charting our own path to reimagine a more inclusive financial services and banking ecosystem for all.

For this position, we anticipate an hourly rate of $26, alongside the opportunity to gain meaningful, hands-on experience in commercial banking and relationship development.

As a Commercial Banking intern, you’ll work directly under an experienced banking officer in developing pipeline of opportunities across US through direct outreach of Muslim Institutions. This role is ideal for a recently graduated college student interested in pursuing a career in finance, particularly within ethical and Shariah-compliant financial services.

RESPONSIBILITIES

Customer Database Validation

• Responsible for accurately collecting and updating customer information from various sources into Salesforce database.
• Validate and verify the data for accuracy and completeness and ensuring through web searches, calling and or methods.

Originating Banking Transactions

• Generates new opportunities through prospecting, calling, and following up on referrals.
• Learn the financing process from initial outreach, underwriting, underwriting, financial projections, appraisals, documentation, and closing.
• Ensure timely and accurate information tracking of all calls and leads in Salesforce and CRM software and coordinate with financing and deposit teams to follow-up with customers.

Marketing Support

• Assist in gathering, organizing, and analyzing marketing data and performance measurements. Track campaign efficiency, spot trends, and offer insights to guide decision-making and strategy improvements.

BENEFITS:

• Pro-rated paid time off, sick-leave time, and paid volunteer time, based on the duration of the Internship.
• Holiday pay should any holidays/floating holidays fall during internship timeframe.
• Medical, dental, life, vision, FSA/HSA, short-term, and long-term disability benefits will follow full time eligibility timeframe requirements.
• 401(k)/ESOP benefits will follow full time eligibility timeframe requirements.
• Banking Services (free checking).

REQUIREMENTS

• Occasionally lift and/or move up to 10 lbs.
• Literacy in English.
• Ability to sit for extended periods of time, twist, bend, sit, walk use hands to twist, handle or feel objects, tools, or controls, such as computer mouse, computer keyboard, calculator, stapler, telephone, staple puller, etc., reach with hands and arms, balance, stoop, kneel, talk, or hear.
• Specific vision abilities required by the job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

QUALIFICATIONS

• Recently graduated or working towards Bachelor’s Degree in Business, Finance, Accounting, Economics or related fields.
• Proficient in analytical and research skills.
• Proficiency in Microsoft Office Suite (Excel, Word, Powerpoint).
• Strong oral/written communication skills.
• Strong organizational skills and ability to multi-task.
• Strong computer skills.
• Detail-oriented.
• Adaptable and responsive.

INTERNSHIP STRUCTURE:

• Length: Internships are scheduled to run for 12 weeks. When feasible, Stearns will work to accommodate the needs of your scheduling requirements (should an internship be required or recommended for college graduation).
• Hours: 40 hours per week expectation. Specific requests for hour modifications will be considered.
• Managers will have bi-weekly one-on-ones with interns, meet mid-point for a formal review, and provide intern an evaluation during the last week of the internship.
• HR will meet with intern at 30- & 90-day marks for a stay interview.
• Interns will be expected to complete paperwork and training upon the start of their internship.
• Interns will be assigned a mentor to support them through the program.
• Participation in Internship Program does not constitute full time offer of employment upon completion of internship.
• With positive performance and a business need for a full-time role, Interns may be eligible for full time positions upon completion of their internship.

THE COMPANY

Founded in 1912, Stearns Financial Services Inc. (SFSI) is a $3.2 billion, independently owned financial institution with locations in Minnesota, Florida and Arizona, and over 35,000 small business customers nationwide. Specializing in affordable housing financing, USDA and SBA lending, and small business and equipment financing, Stearns Bank is regularly recognized as one of the country’s top-performing banks and “Best Banks to Work For” by American Banker.

As a Star Tribune Top Workplaces award recipient and an award recipient of the Minnesota Business Magazine 100 Best Places to Work in Minnesota, Stearns takes pride in their team and holds their employees in extremely high regard. We offer a competitive salary and benefit package including our Employee Stock Ownership Program-one of the best long-term incentive programs in the nation. To learn more about Stearns Bank, visit www.StearnsBank.com

EQUAL OPPORTUNITY EMPLOYER /AFFIRMATIVE ACTION PLAN

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, or creed, religion, sex, marital status, familial status, sexual orientation, national origin, age, disability, veteran’s status, status with regard to public assistance, or any other class protected by Federal, State, local laws governing nondiscrimination in employment