Loan Operations Intern

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential – whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! 

Northmarq’s Summer Internship Program is a ten-week opportunity to learn the skills and gain the experience necessary for success in the commercial real estate industry. This position will work in our Operations Department and gain exposure to several teams including Tax, Compliance, Investor Accounting, Investor Reporting, System Support, and Loan Processing through opportunities to shadow each team’s day to day work and complete functional tasks alongside our full-time staff. This individual will be responsible for reviewing loan documents to create loans in our Servicing system, set up new borrower ACH payment instructions, and other duties to support our Operations functions.

The ideal candidate will be analytical, detailed, and driven to meet various deadlines while working independently on the assigned workload, ensuring accuracy remains a priority. A disciplined individual who is driven to enhance and maintain quality processes, while demonstrating problem-solving skills and the ability to handle multiple tasks, will excel at this position. Ongoing training is provided as part of the position to ensure expertise within the team and department. Additional responsibilities, including a summer intern project and multiple other projects, may be added as job expertise is demonstrated.

Position Responsibilities:

• Plan and schedule own workload to most efficiently meet benchmarks.
• Provide premier customer service to lenders, borrowers, other Northmarq staff, and outside vendors.
• Review loan documents to create shell loans in our Servicing system.
• Set up new borrower ACH payment instructions.
• Participate in the Summer Intern Team Project with the other interns and present to Senior Management.
• Commitment to attend weekly mentor meetings and networking meetings with Senior Management.
• Perform other reasonable tasks/projects and assist our Operations Teams, as needed.

What We're Looking For:

• Pursuing a Bachelor’s Degree in Business, preferably in the finance, real estate, economics, accounting, business administration, or organization management.
• Strong skills in Microsoft Outlook, Excel, and Word
• Strong analytical skills
• Excellent oral and written communication skills
• Customer service oriented
• Strong organizational and prioritization skills
• Ability to work both independently and within a team, with minimal supervision
• Ability to prioritize and meet deadlines
• Demonstrated strong work ethic
• Attention to detail and accuracy required
• Problem-solving skills to reflect the level of responsibilities
• Ability to maintain sensitive and confidential information
• Ability to maintain a positive attitude in all situations

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!

Minnesota Residents: Northmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The pay for the Loan Operations Internship position is $22.00 per hour. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate’s skills, qualifications, and experience.

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