Summer 2025 Internship- Houston TX- Corporate Trust & Leveraged Loan Services

Company: Disability Solutions
Location: Houston
Posted on: October 22, 2024

Job Description:

Job Title:Summer 2025 Internship- Houston TX- Corporate Trust & Leveraged Loan ServicesLocation:Houston, TXWhat you'll do:Launch your career with Western Alliance Bank in our Summer Internship Program! You'll gain real-life experience and explore what it's like to work as part of an organization that exemplifies people, performance and possibilities. Western Alliance Bancorporation is one of the country's top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC; offers a full spectrum of commercial banking solutions and consumer products. All delivered with outstanding service by banking and mortgage experts who put customers first. In this paid internship, you'll be empowered to work on challenging and complex issues in a collaborative environment with other talented interns. Over the 10-week program, you'll participate in business projects, mentoring, leadership development training and team-building activities designed to set you up for professional success. The summer Internship program runs June through August, with flexible dates available, based on school schedules. Interns who perform well and demonstrate a commitment to our values of integrity, creativity, teamwork, passion and excellence may be extended employment opportunities with Western Alliance Bank. This internship is with the following division:Western Alliance Trust Company is a wholly owned subsidiary of Western Alliance Bancorporation and an affiliate of Western Alliance Bank. Western Alliance Trust Company, N.A. is a premier provider delivering corporate trust services and levered loan administration solutions to the broadly syndicated and private credit markets. We offer the following services - Collateralized Loan Obligation (CLO) Trustee and Administration, Levered Loan Facility Administration, Loan Administration and Loan Agency Services (SMAs & Fund Structures), and Specialized Securities Custody. At Western Alliance Trust Company we act in many different capacities on these products including Trustee, Custodian, Collateral Agent, Paying Agent, and Transfer Agent.What we are looking for: As an Intern, you will experience the different areas within the Trust Company gaining exposure to the responsibilities of each of these groups and how each fit into the ultimate delivery of our services. The experience will provide insight into the life cycle of a deal from setup to ongoing administration to termination.

• Client Service Team is the customer facing team administering the deals on a day-to-day basis. Assist the Client Service Analysts and Relationship Managers in completing daily and periodic tasks on the team
  • Complete daily cash reconciliation on a deal
  • Compile the monthly investor reporting package.
  • Compile the quarterly deal payments.
  • Analytics team - responsible for modeling the deals and setting up the reporting and payment templates for new deals. Assist the team is in modelling new deals.
    • Setup a daily cash reconciliation tool
    • Setup a deal in Solvas including compliance testing and payments.
    • Setup the monthly and quarterly reporting template
    • Asset Administration Team is responsible for maintaining our loan system ensuring all the assets on our platform are accurate and up to date.
      • Read and interpret credit agreements that are the backbone of the loans we administer.
      • Input data points from the credit agreement into our loan system, Solvas
      • Process loan notices from the agent banks, updating our Solvas system.
      • Transaction Management Group is tasked with negotiating new deals, completing KYC, and opening new accounts.
        • Observe the process for setting up new deals and accounts in our system.
        • Product Management Team is the liaison team between the different Trust Company groups and our tech partners at the Bank.
          • Observe and participant in technology projects and initiatives building out our technology stack.You may be a fit for the program if you meet certain eligibility requirements, including:
            • Undergraduate students currently enrolled in a related field of study
            • GPA of 3.0 or higher
            • Strong analytical, conceptual, communication and organizational skills.
            • Ability to self-motivate and work productively without supervision
            • An interest in working in the Commercial Business Banking industryTo be eligible for this program, you must be authorized to work in the U.S. on a permanent basis. We do not offer any type of employment-based immigration sponsorship for this program. Western Alliance Bank will not provide any assistance or sign any documentation in support of any other form of immigration sponsorship or benefit, including Optional Practical Training (OPT) or Curricular Practical Training (CPT).Benefits you'll love:We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!About the company:Western Alliance Bank is a wholly owned subsidiary of Western Alliance Bancorporation. Alliance Bank of Arizona, Alliance Association Bank, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank are divisions of Western Alliance Bank; Member FDIC. AmeriHome Mortgage is a Western Alliance Bank company.Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.-- Western Alliance Bancorporation

Keywords: Disability Solutions, Galveston , Summer 2025 Internship- Houston TX- Corporate Trust & Leveraged Loan Services, Other , Houston, Texas