Job Title:
Digital Banking Intern

Company: Grasshopper Bank

Location: boston, MA

Created: 2024-04-25

Job Type: Full Time

Job Description:

Who we are: A client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources.We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC & PE to SBA and SMB Lending, as well as Commercial Real Estate and Yacht Lending.Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect.Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial ServicesWhere you'll be: Our digital first approach enables our teams the flexibility to work remotely. This role could be remote or in-office. We have offices in New York City, NY and Boston, MA.What you'll do: In this role you will have the opportunity to learn about digital banking products, financial services technology (FinTech), commercial lending opportunities, data analysis, financial modeling and start-up due diligence. You will also have the change to work cross-functionally with areas such as compliance, client services and operations.The internship will run for at least 10 weeks with some flexibility around the start date. Our goal is to have you experience the operational aspects of the bank across multiple functions. Learning opportunities include:Focus on digital banking and related marketing and data analysisIntroduction to the core concepts of bankingUnderstanding the banking platform and associated technology systems.Onboarding customers, opening checking, term deposits and loan accountsExploring regulations governing banking operations, including BSA, AML, etc.Understanding 3rd parties involved in banking operations (NACHA, Fedwire, OFAC, etc.)Work with BSA and Fraud Operations to build tools to combat emerging trends in fraudLeverage marketing technology to identify and analyze data related to lead generation, conversion, engagement, and attrition using marketing automation toolsWhat you need:At least 2 years of college coursework completedAn analytic mind; the ability to draw conclusions from available information and present it cogently to others.Excellent written and spoken EnglishAdvanced competency regarding Microsoft Windows, Mac OS, and mobile platforms is preferredGrasshopper Bank provides equal employment opportunity without regard to an applicant's race, color, age, national origin, religion, sex, gender identity or expression, sexual orientation, veteran status, disability, pregnancy, genetic information, or any other status protected under applicable law.