• Job Description

  Req#: CORPO003142

  The Corporate Banking Internship offers a hands-on learning experience with rotations in Commercial & Private Banking, Credit and Wealth Management. Under the guidance of experienced professionals, you will learn the fundamental disciplines of the banking industry.

  The summer internship will begin approximately June 3, 2024 and lasts for 10-12 weeks (flexible with student schedule).

  Interns will gain the following experience:

  • Learn and understand the Alerus credit approach and underwriting process.
  • Learn and understand the Alerus lending cycle and wide range of banking products.
  • Observe how new business is generated through referrals, prospecting, and networking.
  • Understand wealth prospecting, financial planning, onboarding, and ongoing client engagement.
  • Complete eMoney Financial Planning training and gain practical financial planning knowledge.
  • Prepare a mock financial plan recommendation to present to the internal team.
  • Shadow other departments to develop a holistic understanding of the banking industry.

  Qualifications:

  • Student pursuing undergrad degree with anticipated graduation date between December 2024 - June 2025.
  • Strong interest in business and finance, though no specific major is required.

  Personal Characteristics:

  • Excellent time management skills with ability to handle multiple priorities.
  • Strong interpersonal communication skills.
  • Ability to effectively transfer knowledge and information to practical use.
  • Energetic and proactive.
  • Ability to work independently and with a highly collaborative team.

  Alerus Financial is an Equal Opportunity Employer of women, minorities, protected veterans, and individuals with disabilities.

  Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

  The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)

• About the company

  Alerus Financial Corporation, marketed as simply Alerus, is a chain of financial institutions headquartered in Grand Forks, North Dakota, with locations in North Dakota, Minnesota and Arizona.

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