The Commercial and Private Banking Internship is tailored to students interested in business banking. Whether you desire to become future relationship managers, portfolio managers, or an underwriter this will be a great opportunity. This comprehensive 10-week internship program will provide students the opportunity to experience first-hand the relationship banking environment that has defined Comerica’s strong ties to clients, colleagues and communities for over 165 years

·      Collect and monitor financial information

·      Work with Portfolio Manager and Relationship Managers on client support

·      Industry research

·      Preparation of marketing materials

·      Prospect identification

·      Work with the team to understand the target customer profile

·      Leverage resources such as LinkedIn, publications, etc. to identify prospects

·      Use industry research to develop value proposition and marketing plan with the Relationship Manager

·      Create an introductory presentation for the prospect meetings

Introduction to Underwriting

·      Observe the process for spreading financial statements and underwriting loans

·      Have an experienced Relationship Manager as a mentor

·      Observe how new business is generated through referrals, prospecting and networking

·      Network with executives within the lending division

·      Meet with leaders within the Credit organization

·      Meet with product partners assigned to the team to learn about Treasury Management, Commercial Card, Merchant Services and Global Capital Markets solutions

·      Participate in training opportunities offered by Comerica