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, Sugar Land , Summer 2025 Internship- Houston TX- Corporate Trust & Leveraged Loan Services, Other , Houston, Texas
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