Intern Commercial Loan Servicing Summer 2027

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

About ThisJob

Commercial Loan Servicing (CLS) provides back-office operations support for commercial, business banking, and various specialty lending products. We work directly with the Sales and Credit teams to remove roadblocks and complete operational tasks that allow Commerce to meet the customer’s commercial lending needs. Operational tasks performed by CLS can include loan document preparation, loan accounting, collateral monitoring and perfection, and legal and regulatory review.

CLS provides an excellent base for understanding commercial lending. Former members of CLS have been able to take their foundational learning and turn it into careers throughout the bank in many different areas, including CLS Management, Commercial and Small Business Sales, Credit, Portfolio Administration, Strategic Management, Specialty Lending, and Systems Administration.

The summer internship session will begin onTuesday, May 18, 2027, and will run for11 weeks, ending onFriday, July 30, 2027. Internships arepaid, full-time opportunities with aMonday through Friday work schedule.

*Must be eligible to work in the U.S. without sponsorship.

EssentialFunctions

CLS Representative activities could include, but are not limitedto:

• Completing a preliminary review of loan submissions to ensure regulatory and legalcompliance

• Preparing loan documents in accordance with Commerce Bank’s credit policy

• Interpreting complex loan documents to set up loans on the loan accountingsystem

• Posting loan transactions and providing loan accounting problemresolution

• Interpreting loan documents to file collateral perfections and/or releases with the appropriateagencies

• Providing ongoing monitoring and reporting for collateral-securing commercialloans

• Completing a post-closing review to ensure all documentation is in compliance, protecting the Bank from unnecessary risk

• Working closely with customer-facing commercial loan staff to assist in meeting the customer’sneeds

• Perform other duties asassigned

WorkSchedule

• Monday-Friday, 8:00 am-5:00pm

• On-site through internship. If hired full-time, you are eligible for a hybrid work schedule after successfully completing training.

Knowledge, Skills & AbilitiesRequired

• Ability to analyze, interpret, and understand loan and/or attorney-prepared documents with a high degree of accuracy

• Capacity to work in a fast-paced, deadline-drivenenvironment

• Exceptional customer serviceskills

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile, strong team player with excellent written, verbal and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Intermediate level proficiency with Microsoft Word, Excel andOutlook

Education &Experience

Preferred Skills andExperience:

• Knowledge of commercial loan or attorney-prepareddocumentation

• Knowledge of Federal Banking regulations andprocedures

• Accounting or banking experienceEducation:

• Required: High school diploma or equivalent plus 1 year of workhistory

• Preferred: 4-year degree or equivalent work experience

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Intern job. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. A reasonable estimate of the current base pay is $20.00 per hour.

#LI-BC1

Must be eligible to work in the US without sponsorship now or in the future.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Clickhere to learn more.

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