Intern - Asset Management (Spring 2025) - Navigant Credit Union

ABOUT:

People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and communities we serve, and have been since our founding in 1915.

Now at more than $3 billion in assets, Navigant Credit Union is among the largest credit unions in Rhode Island, yet still maintain our community-driven values.

Those values-and our belief in putting people first-are just a few of the reasons why Navigant Credit Union has been named "Rhode Island's Best Place to Work" year-after-year by the Providence Business News.

Our Core Values consist of "Leadership, Unity, Caring, and Integrity" are the guiding principles for our organization. They are the qualities and/or traits that we consider a high priority for Navigant Credit Union employees.

Our company prides itself on demonstrating community-based values and investing in our workforce, while exceeding member expectations. We offer tremendous opportunities for professional development, career advancement, and a best-in-class benefits package including a rich medical and dental plan, vision benefits, a robust 401(k) with a generous employer match, tuition reimbursement, competitive salaries, paid volunteer days, and opportunities to give back to the community.

If you believe you'd be a great fit, and are interested in joining our team, check out our open positions and apply today!

ABOUT THE ROLE:

The Asset Management Intern role will primarily involve placements with our participating attorneys for loan deficiencies. Works closely with the Asset Management team as well as attorneys. This position will provide an opportunity to understand loan contracts, simple interest loans, deficiency balances and collection practices. Training will involve usage of collection software and DNA.

WHAT YOU WILL DO:

1. Reviews and organizes charged off loan files with deficiency balances for potential placements.

1. Compiles approved files and appropriate paperwork to forward to attorneys.
2. Responds to inquiries from collection agencies and attorney firms and escalates complex matters to other team members.
3. Documents the collection system with updates on active files.

1. Creates and maintains Excel spreadsheets on eligible loan placements.
2. Assists the department in other collection related activities as assigned by the Asset Management team members, Asset Management Supervisor or VP, Asset Management.

QUALIFICATIONS:

Education

High School or GED equivalent required. A candidate for a BA/BS degree in Accounting or Finance or other related major preferred.

Experience/Skills/Knowledge:

1. Must be proficient in multitasking, organization, attention to detail and problem solving.
2. Must be able to focus in an open department setting.
3. Must have good telephone, oral, written communication, and interpersonal skills in order to effectively perform job responsibilities.
4. Must have strong service orientation in alignment with the Credit Union's mission and core values.
5. Microsoft Excel and PowerPoint skills required. Other BI applications are a plus.
6. Must have the ability to lift file boxes up to 25lbs.

GENERAL DESCRIPTION:

In terms of physical requirements, this position requires work best described as:

X Sedentary ¨ Light ¨ Medium ¨ Heavy ¨ Very Heavy

PHYSICAL TASKS:

• Standing/Walking/Bending/Stooping - Occasionally
• Hearing - Ability to receive information through oral communication (face to face and telephone). - Continuous
• Talking - Expressing or exchanging ideas by means of the spoken word (face to face and telephone). - Continuous
• Reading - Ability to receive information through fax, e-mail, and text messages - Continuous.
  
  

AUDIO / VISUAL:

• Requires vision to perform work dealing with data and figures and computer screens. -Continuous

PSYCHOLOGICAL/MENTAL DEMANDS:

• Responds positively and productively to stressful internal (employee)/situations. - Continuous
• Assists others to work harmoniously and effectively as part of a work team. - Continuous