Residential Lending Internship

Overview:

Actively participate in the BankNewport Summer Internship Program by assisting the department with various duties and tasks.

At the culmination of the internship, the intern will create a final presentation to showcase the skills and knowledge acquired through the program.

Responsibilities:

This internship will assist Residential Lending with all closing functions including:

• Review and confirm title, appraisal, fees, borrower and loan information
• Prepare initial closing disclosure and send within required time frames
• Schedule closing with attorney
• Prepare and review closing documents
• Adjust and approve final CD prior to closing
• Complete the closing checklist

Qualifications:

• High School Diploma/ GED Equivalent
• Must be current undergraduate or graduate student at an accredited college or university

SUPERVISORY SCOPE:

No supervisory responsibility

INDEPENDENT ACTION:

Performs work within established guidelines and according to specific procedures. Refers problems to immediate supervisor.

BANKNEWPORT CORE VALUES:

• We celebrate individuality
• We empower employees to be creative problem solvers
• We invest and take the time to really get to know our customers
• We commit to serving the financial needs of Rhode Islander’s