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Intern - Treasury & Funds Mgmt in Memphis, TN at First Tennessee Bank

Date Posted: 3/20/2019

Job Snapshot

Job Description

This internship will be part of First Tennessee's TREASURY & FUNDS MGMTgroup.

Position is located in Memphis, TN.

This Internship will provide:
• Knowledge of the company’s First Power culture, vision and mission statements
• A broader perspective on how First Horizon services the community and region as a whole.
• The opportunity to participate in and/or lead the completion of assigned, short-term projects requested by managers
• The opportunity to acquire specific skills that are needed to achieve professional goals and aspirations.
• Hands-on work experience in the field

Our Internship program is a 9 week PAID program that starts on Monday, June 3, 2019 and runs through Friday, August 2, 2019.

Intern Objective:
To provide an overview of day-to-day responsibilities in treasury and funds management. To gain an understanding of loan documentation and the underwriting process. To learn the fundamentals of asset liability and liquidity management.
 
Value for the Intern:  
Overview of daily operations in treasury and funds management
Learn about loan originations and loan documentation

The intern will complete the first objective by observing daily operations and documenting procedures.
The second objective will be completed by reviewing unpledged loans. Training will be provided by loan operations on screening loans and reviewing loan documentation. Training will also be provided on navigating the ARX system. There are two loan portfolios that need review.

Job Description:
Create and update existing funds management procedures by shadowing employees and documenting current processes. Procedures include public fund pledging, Fed balance monitoring, securities transfers, and wholesale funding.
Review loan documentation for FHLB eligibility
Learn the fundamentals of asset liability and liquidity management

Monday - Friday 8:00 a.m. - 5:00 p.m.
Average 40 hours per week.


•*2.75 GPA Required**

Requirements •*2.75 GPA Required**

Requirements:

Pursuing a Bachelor's Degree with a major in Finance, Accounting or similar business degree
Accurate typing, spelling and grammar skills
Proficient with applicable computer software
Good written and oral communication skills
Good organizational and customer service skills



#LI-DD1

  • All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, sexual orientation, gender identity, gender stereo typing, and age. First Tennessee is an EO employer – M/F/Vets/Disabled.
  • Please view Equal Employment Opportunity Posters provided by OFCCP