Commercial Banking Summer Internship Program, (Intern) Location - Greater Detroit Metropolitan Area (Hybrid) Start - June 2024 Summary: The Commercial 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 8-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 170 years. Position Responsibilities: Portfolio Management Support * Collect and monitor financial information. * Work with Portfolio Manager and Relationship Managers on client support. Sales Support * Industry research. * Preparation of marketing materials. * Prospect identification. Project: Prospect Identification and Marketing Plan Development * 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. Commercial Underwriting * Observe the process for spreading financial statements and underwriting loans. * Complete a special project to refine key Commercial Underwriting resources. Interns will also have opportunities to: * Have an experienced Relationship Manager as a mentor * Observe how new business is generated through referrals, prospecting, and networking * Network with executives within the Commercial Bank division * Meet with leaders within the Credit organization * Meet with product partners to learn about Treasury Management, Global Capital Markets, and International Trade Finance solutions * Participate in training opportunities offered by Comerica

Position Qualifications: * Rising College Senior Status; Must be within 12 months of graduation (Grad year 2025) * Accounting, Finance, Business major preferred * Overall GPA of 3.0 or above * Two Accounting courses completed with 3.0 average * Six months experience Microsoft Office products, Word, and Excel * The ability to work independently as well as in a team environment * Excellent communication and interpersonal skills * Previous customer service and sales experience preferred

Comerica Bank Center (CBC) Monday - Friday; 8 am - 5 pm

Comerica is proud to be an Equal Opportunity Employer - veterans/individuals with disabilities, committed to workplace diversity.