Associates at California Bank & Trust work in a relationship-centered culture where they are provided with the tools, training, and opportunities to build the best possible relationships with our clients and with each other. Our workplace culture values each associate's unique experiences, background and perspectives and provides a collaborative environment for all employees to grow and thrive.
As a premier California-focused financial services company dedicated to serving its communities, families, and businesses (small, mid-sized and large), CB&T has been active for 70 years and has more than 80 full-service branch offices across the state. This dedication has helped the bank earn recognition as a perennial powerhouse in yearly voting for "Best Bank" and "Best Commercial Bank" from the readers of San Diego Union-Tribune and Orange County Register. Additionally, as a division of Zions Bancorporation, the bank has collected multiple Greenwich Excellence Awards for "Overall Client Satisfaction" in Small Business & Middle Market Excellence Awards.
We are looking for a Summer 2024 Intern in the Power Finance department for current College/University students. The internship is a paid, full-time position that will take place for 8-10 weeks.
The Power & Project Finance Group are a specialized team of experienced industry experts with a proven record of structuring and efficiently executing custom financing solutions for owners of power generation assets and power-related infrastructure projects across the United States. The team provides construction and term debt, acquisition financing, revolving credit facilities, and letters of credit for projects in the solar, wind, natural gas-fired, energy storage, geothermal, hydroelectric, and transmission sectors. This team's deep experience is complemented by the full product suite of Zions Capital Markets, enabling the team to perform all essential roles of a syndicated project financing, including loan syndications, administrative agency services, and interest rate hedging. Typical project financing transactions range from $50 million to over $500 million.
California Bank & Trust's Summer Internship Program gives students the opportunity to gain valuable and practical work experience in their majors, explore the banking/finance industry, and learn about our culture and business philosophy.
Assist in financial modeling and analysis, identifying key risks, monitoring borrower reporting requirements, assisting senior bankers with loan structuring and pricing, preparing extensive written credit analysis, monitoring credit performance and writing credit presentations.
Provides analytical and marketing support during the origination and execution of new lending opportunities. Assists with the production and ongoing maintenance of marketing materials.
Responsible for maintaining various internal databases promptly and accurately
Handles reporting on loans such as past dues, documentation and collateral exceptions, financial performance updates, portfolio profitability, risk grades, etc.
Assists bankers with new and existing loan requests and other special projects.
Attends client meetings, conferences, site visits and other industry events with senior bankers.
Acts as primary account officer on assigned transactions within the portfolio including maintaining accurate risk ratings, executing amendments, preparing monitoring materials and other tasks and administrative items.
Applies all applicable credit policies and internal processes for the execution and funding of new transactions.
Other duties as assigned.
Must be currently enrolled in a College/University or graduated within the current year with a minimum GPA of 3.0 and working toward a Bachelor's or Master's degree in Accounting, Economics, Finance, or similar degree (be sure to include your GPA on your resume or cover letter).
Interest in power related finance and knowledge of financial analysis.
An understanding of a credit processes and procedures.
Solid interpersonal and communication skills, both verbal and written.
Solid problem resolution, organization and time management skills.
Must be detailed oriented. Strong analytical capability.
Ability to meet deadlines.
Ability to review extensive and complicated reports and distill key findings into executive summaries efficiently and accurately.
Ability to learn and apply complex concepts quickly.
Knowledge of various software applications including word processing and spreadsheets.
This position is eligible to earn a base rate of $23/hr.
California Bank & Trust's Internship positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment to maintain employment eligibility.
Zions Bancorporation, N.A. is one of the nation's premier financial services companies with annual net revenue of $2.9 billion in 2021 and more than $90 billion of total assets. Zions operates under local management teams and distinct brands in 11 western states: Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The Bank is a consistent recipient of national and state-wide customer survey awards in small and middle-market banking, as well as a leader in public finance advisory services and Small Business Administration lending, ranking as the tenth largest provider in the U.S. of the SBA’s Paycheck Protection Program loans. In addition, Zions is included in the S&P 500 and NASDAQ Financial 100 indices.