Summer Intern - Enterprise Stress Testing

TowneBank
Suffolk, VA
Primary Purpose

The intern in this position will assist the Enterprise Stress Testing team with various tasks leading to the successful reporting of loan information, Reg O, and our loan loss methodology (CECL). These tasks include, among others, research projects for members’ repayment capacity, loan system validation, and administrative duties. The intern may also assist other areas of accounting as needed. The intern will work with members of the department who will provide guidance and training.

Essential Responsibilities

  • Research other Banks’ boards and compare to Insight to determine if any individual qualifies as an Officer/Director of Another Bank for Reg O purposes.
  • Review loan underwriting documents to validate business industry code (NAICS), loan purpose, and collateral valuation. Recommend new codes and loan system updates based on assessment.
  • Assist as needed in research projects, report preparation and review, and data entry.
  • Research borrower financial data for the calculation of NOI (net operating income) and DSC (debt service coverage) for commercial real estate loans included in stress testing.
  • Assist in the creation and/or updating of loan and deposit datasets used for modeling and financial analysis.
  • Work with quantitative analysts in updating and testing risk models.
  • Assist the Accounting Department with other tasks as needed.
  • Obeys all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA)
  • Other duties as assigned

Minimum Required Skills & Competencies

  • Must be at least 18 years of age or older.
  • Must have completed at least two years of college and currently enrolled in college.
  • Must be available to work onsite Monday through Friday, mid-May through mid-August.
  • Punctual and dependable.
  • Good oral and written communication skills.
  • Works well in a team environment, with ability to work independently.
  • Detailed oriented with the ability to identify problems and recommend solutions.
  • Exposure to a statistical programming language (e.g., R, Python, Stata, SAS, etc.).
  • Knowledge of Microsoft products, particularly Outlook, Word, and Excel.

Desired Skills & Competencies

  • Prior TowneBank intern experience with exposure to Insight and Image Centre is preferred.
  • High standard of confidentiality.
  • Finance, Economics, or Statistics background preferred.

Physical Requirements

  • Express or exchange ideas by means of the spoken word via email and verbally.
  • Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time.
  • Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation.
  • Not substantially exposed to adverse environmental conditions.
  • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job.
  • Reasonable accommodations may be made to enable individuals with disabilities to perform essential responsibilities.
Posted 2026-01-14

Recommended Jobs

Licensed Insurance Sales Representative

Keith Phillips - State Farm Agency
Midlothian, VA

Keith Phillips - State Farm Agency, located in Midlothian, VA has an immediate opening for a full-time Licensed Insurance Sales Professional. We are an award-winning State Farm agency focused on fulf…

View Details
Posted 2025-12-06

Data Scientist - Poly Clearance Required!

GDIT
Chantilly, Loudoun County, VA

Responsibilities for this Position Location: USA VA Chantilly Full Part/Time: Full time Job Req: PRX25914 Type of Requisition: Regular Clearance Level Must Currently Possess: T…

View Details
Posted 2025-12-29

OTR CDL Class A Solo Truck Driver

DSL Express
Roanoke, VA

DSL Express and partners now hiring Class A CDL Solo Truck Drivers for OTR! Company drivers with 2+ yrs of experience and a decent MVR/PSP score. Position available ASAP. Pay is performance base…

View Details
Posted 2025-11-25

Sales Executive - Hampton

City Wide Facility Solutions
Hampton, VA

City Wide Facility Solutions is seeking a dynamic Sales Executive to join our team. If you are a driven individual looking to continue your career in sales, this is the perfect opportunity for you. …

View Details
Posted 2026-01-14

Service Coordinator (Clerical)

TalentSphere
Manassas, VA

SERVICE COORDINATOR (CLERICAL)   Job Title: Service Coordinator (Clerical):  Manassas, VA Compensation:  $40,000- $55,000 annual salary   Job Summary: The Service Coordinator is respon…

View Details
Posted 2026-01-14

Housekeeper/Room Attendant - Hampton Inn & Suites by Hilton San Juan

Hilton
Hampton, VA

A Room Attendant is responsible for cleaning guest rooms and responding to guest requests in the hotel's continuing effort to deliver outstanding guest service and financial profitability. What wi…

View Details
Posted 2026-01-05

Director, Data Science

Capital One
McLean, VA

Overview Director, Data Science Data is at the center of everything we do. As a startup, we disrupted the credit card industry by individually personalizing every credit card offer using stati…

View Details
Posted 2025-12-19

Virtual Health Coach

Whitefield Academy Preschool
Richmond, VA

Summary As a Virtual Health Coach, you will work one-on-one with clients to help them adopt healthier lifestyles, manage chronic conditions, improve nutrition, increase physical activity, and su…

View Details
Posted 2026-01-06

Greet Hub Onsite Manager

Circles
McLean, VA

About Circles Culture:  The Circles culture is an inclusive environment that encourages self-expression and individuality. Creating a space for open communication, respect and job development emp…

View Details
Posted 2026-01-14

Strategic Network & Fiber Development Lead

QTS Realty Trust
Ashburn, VA

A leading digital infrastructure company is seeking a Senior Manager, Network Planning & Development in Ashburn, VA. This role involves gathering connectivity requirements and conducting fiber due di…

View Details
Posted 2026-01-14