• Job Description

  Req#: R-001527

  About Us

  Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

  How This Role impacts Live Oak and its People

  The Sponsor Finance Intern will provide support to the Sponsor Finance lending team. This individual will serve to improve the efficiency of the Sponsor Finance team while acquiring valuable professional experience from a high-performing financial institution.

  What You’ll Do at Live Oak

  • Provide support for the Sponsor Finance Lending Team as they pursue new lending opportunities
  • Assist with ongoing portfolio management processes and procedures
  • Support the Sponsor Finance team in preparation for internal and external stakeholder meetings

  How You’ll Do It

  • Work with the lending and analyst teams to prepare credit memos, financial models, and presentations
  • Organize and interpret documentation provided by clients
  • Prepare analysis of financial statements, working to identify key changes and potential credit risk
  • Assist the portfolio management team with operational questions and requests
  • Become familiar with Live Oak lending standards and procedures, and assist the Sponsor Finance team in implementing these standards into lending practices
  • Maintain electronic files for customer accounts to ensure the Bank is following best practices for compliance
  • Work with the Sponsor Finance team to work on special projects as assigned

  Required and Preferred Experience

  • Excellent verbal, written, interpersonal and negotiation skills
  • Above-average PC skills including MS Office Applications (Word, Excel) and the ability to quickly learn new software / systems.
  • Collaborative and highly coachable
  • Rising Junior or Senior pursuing a Bachelor’s degree in a Business field
  • Ability to work full-time during the summer of 2024

  To Thrive at Live Oak

  • Gravitate to Growth – Shows adaptability and support for changes to improve organizational effectiveness.
  • Communicate and Collaborate – Communicates clearly and thoughtfully, demonstrating empathy in teamwork.
  • Eye of the Tiger – Gets positive results by taking personal responsibility for actions and team outcomes.
  • Know Your Business – Curates and maintains a depth of knowledge and skill to perform one’s job effectively.
  • Customer at the Center – Provides customers with a personalized experience to achieve exceptional outcomes.

  For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/

  At Live Oak Bank, we are passionately focused on creating an inclusive and genuine environment! We encourage you to apply for roles that you believe you’d be a great fit for, even if you feel your past experience does not perfectly match every requirement. As we continue to grow, our People Team will match the skillsets of current and prior applicants with open roles within our organization. As we say at Live Oak, "Paint the Target!" and go after your goals!"

• About the company

  Live Oak Bank, a subsidiary of Live Oak Bancshares, Inc.,

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