Loan Operations Intern

Job Overview:

Accion (us.accion.org) is a nationwide nonprofit community lender dedicated to helping entrepreneurs generate income, build assets, create jobs and achieve financial success through business ownership. Our network serves small businesses in communities across the U.S. and is made up of four certified Community Development Financial Institutions (CDFIs) and a U.S. Network office. Globally, for more than 50 years Accion has helped over 90 partners serve the financial needs of tens of millions of people in 40 countries.

 

Accion Serving the East Coast is seeking a talented individual to fill the role of Loan Operations Intern located in New York.

 

About the Loan Operations Intern Position

The Loan Operations internship is an opportunity to learn and apply skills to work in the field of domestic microfinance. Loan Operations interns work closely with the Accion loan consultants to complete and analyze the loan application. From the beginning of the micro lending process, interns assist in document collection and loan analysis — gaining valuable knowledge about domestic microfinance and are instrumental in furthering the mission of Accion.

 

Responsibilities:

Work with Loan Consultants to compile complete loan packages.

Work with Loan Consultant on plan to increase document collection process efficiency.

Input and prequalify applications if Intake Department is at capacity, collect/arrange loan documents, verify scorecard, screen application and create file folders in Client Drive.

Alert LC of missing documents, preliminary questions, and distinctive situations.

Alert LC of new clients and when additional documents have been received.

Create an initial LAP after all documents are collected (for review/revision by Loan Consultant).

Compile completed packages and attach to Edge. Include detailed notes in client file for LC review.

 

 

Qualifications:

Excellent written and oral communication skills.

Commitment to the field of microfinance and Accion.

Knowledge of loan operations and/or small business a plus.

Experience with Microsoft Word, Excel, Outlook, Adobe Acrobat and databases.

Strong attention to detail.

Familiarity with finance and accounting.

20 hours per week flexible hours, minimum 3-6  months internship.

 

Application: Please send resume and cover letter to jobs@accioneast.org. Please specify “Loan Operations Intern – “New York” in the subject line.

There is no stipend for this volunteer position.