MassDevelopment

Finance Intern

MassDevelopment is accepting applications for a summer intern in the Agency’s lending department. The intern will collaborate with MassDevelopment’s portfolio group and credit department to research, upload, archive, and obtain missing documentation for the loan servicing system. MassDevelopment is a quasi-public agency that provides economic development services throughout the Commonwealth of Massachusetts. The Agency works with business, nonprofits, financial institutions, and communities to stimulate economic growth.

The Agency’s portfolio group maintains the EnABLE loan servicing database that holds MassDevelopment customer data. The intern will help ensure all documentation from legal files and credit files associated with a borrower are uploaded and stored in the EnABLE loan servicing database. The intern will also help archive documents for accounts that are no longer active by sending them to Iron Mountain, which manages data and records. The intern will also be responsible for other duties as they are assigned.

The Agency’s credit department is responsible for underwriting new requests, performing an annual review of existing Borrowers, Risk Ratings, maintaining credit files, portfolio administrative management and compliance. The intern will provide support to the credit department by assisting with financial statement spreads, preparing financial templates, advancing to underwriting of annual reviews and aiding in portfolio administrative management.

Qualifications:

  • Associate degree, or two years or more completed in a four-year degree program.
  • Must have strong research skills with attention to detail.
  • Familiarity with databases, preferably customer relationship management and loan servicing systems.
  • Strong verbal and written communication skills.
  • Ability to work independently with minimal supervision.
  • Familiarity with legal documentation.
  • Working knowledge of Excel and Word.
  • Exposure to financial statement analysis and accounting.

Physical Demands:

  • Must be able to operate office equipment.
  • Occasional reaching above shoulder heights or below waist.
  • Lift and/or move up to 25 pounds as required to retrieve files and archive boxes.

Please forward cover letter and resume to:

MassDevelopment
Attn: Human Resources
99 High Street, 11th Floor
Boston, MA 02110
or email to: Jobs@massdevelopment.com

This posting can close without notice.

Equal Opportunity Employer