Easter Seals Jobs

Description

Credit/Underwriting

Commercial banking is divided into two sub-sectors, commercial real estate lending, which involves financing the acquisitions of properties, and commercial and industrial/community banking loans, which help companies get started, expand, and buy equipment. Peapack-Gladstone Bank Credit Risk Management (CRM) is responsible for lending production, underwriting, and closing of investment grade loans and the credit administration of these loan assets thereafter. Loan assets is an important revenue stream for Peapack-Gladstone Bank.

• Interns will spread and analyze business. Perform due diligence on prospective clients in order to obtain information used in the preparation of analysis. Attend meetings to discuss commercial credit proposals being presented by Loan Officers. Assist in evaluating proposed loans for credit risk and preparation of loan proposals. Perform due diligence on prospective clients in order to obtain information used in the preparation of analysis. Conduct industry analysis, market analysis, property inspections. Attend loan discussion meetings and assist in the management and monitoring activities of the Commercial/Community Banking loan portfolio.

ERM and Regulatory Compliance

Enterprise risk management (ERM) is the Bank’s enterprise risk competence—the ability to understand, control, and articulate the nature and level of risks taken in pursuit of business strategies—coupled with accountability for risks taken and activities engaged in. By definition, the business of banking exposes the organization to a wide variety of risks. The ERM framework is designed to support the depth and breadth of activities by providing a structured approach for identifying, measuring, controlling, and reporting on the significant risks faced by an organization. Specific risk management (e.g., credit, operational, market), capital management, and liquidity management provide the essential underpinnings to an ERM framework.

Regulatory Compliance includes various consumer protection, fair lending, fair housing, and community reinvestment laws which apply to financial institutions’ interactions with customers and communities. The Regulatory Compliance Department is responsible for overseeing the Bank’s compliance with all applicable laws and regulations established by Congress and the federal and state regulatory agencies, including the Bank Secrecy Act and Anti-Money Laundering (AML) Regulations, Office of Foreign Asset Control (OFAC), and Community Reinvestment Act (CRA).

• An intern in this area will be provided an insight into the exciting world of financial crime: from basic check fraud and structuring – to "smurfing", "phishing", social engineering – to malicious attempts of foreign governments in harming U.S. They will also assist with high risk customer reviews: will be educated to see what makes an individual or a company high risk; why, and how to mitigate the risks and keep the bank safe. Interns may be allowed to review suspicious activities and assist in preparation of reports to the U.S. Department of the Treasury.

Human Resources

The HR team provides their expertise to the business in all "people" related aspects. From a potential team member's first interaction during recruitment, to hiring & onboarding, compensation & benefits, career development, payroll, culture, etc., HR supports the employee life cycle from all aspects.

• An intern in HR will have the opportunity to work in recruiting, assisting our recruiter in a variety of ways with candidate outreach, screening and interview scheduling, coordination and preparation for new hire onboarding.

• The opportunity to broaden the scope of tasks exists as well, partnering to support employee development, culture, and other areas of interest expressed by the intern.

Information Technology

Information Technology is a critical part of bank operations across all business lines. IT deploys, manages, and supports the bank’s technology solutions.

• An Information Technology intern will learn about the various technology platforms and infrastructure used within a bank. Through supporting bank wide technology, an IT intern will have exposure to the processes of many business lines throughout the bank. An IT intern will also work with the IT team on large projects and learn how to support major technology roll outs.

Investment Banking

The Corporate Advisory Summer Analyst supports the Corporate Advisory Group within the Investment Banking Division of Peapack-Gladstone Bank. The Corporate Advisory Group supports middle market clients (revenues between $10 million - $500 million) with M&A, private capital raising, and general corporate finance projects. The summer analyst will have significant client contact and transaction involvement.

• Perform in-depth company and industry research supporting specific client engagements and marketing opportunities

• Collect and analyze information from relevant internal and external sources

• Develop financial models with support and supervision from senior analysts and supervisors, including three-statement modelling and valuation assessments using various methodologies

• Research potential financial and strategic buyers for assignments

• Help to write with supervision from senior analysts transaction related documentation and marketing materials including but not limited to information memoranda, pitch books, corporate profiles, and market data and analysis

• Help to organize investment banking CRM systems and coordinate marketing campaigns

• Develop working knowledge of key financial data bases and systems such as Capital IQ, Pitchbook, and DealCloud

• Act within professional, ethical, legal, and risk boundaries and guidelines

NY Banking Team

Our NY teams bring the Peapack Private brand and exceptional client service to clients in New York City and surrounding areas.

• This internship is located in our NYC office (will require some travel to our Bedminster, NJ office, and potentially Long Island, NY locations). Interns will support our Client Onboarding & Training Teams, may work directly with our client facing banking teams, and will gain exposure to Retail Banking and Branch Operations.

Operations

The Operations Analyst Intern will have the opportunity to rotate and work directly with our high performing Operations teams.

• The Loan Operations Department is responsible for booking new Commercial and Residential loans which includes initiating set up of the escrow accounts indicating the tax municipality information and managing the property tax payments typically for the life of the loan.

• The Electronic Banking team supports Peapack-Gladstone Bank’s digital banking platform and works to operationally support internal and external client needs in areas of ATM support, debit card issuance and maintenance, ACH, and fraud monitoring.

• The Treasury Management Operations team is responsible for assisting Peapack-Gladstone Bank business clients with training, technical support, and ongoing inquiries regarding their usage of Peapack-Gladstone Bank’s treasury management systems and products.

• The Operations Data & Analytics team is responsible for business and data analytics, including data collection, organization, and analysis to support strategic decision-making.

During this program, you will be exposed to an environment that will develop your skills and knowledge of bank operations, while delivering high value to the organization’s clients. This can include:

• Process improvement project within the Jack Henry Silverlake loan platform relating to property tax management and would require very good Excel skills.

• Daily Electronic Banking functions which will include fraud monitoring, debit card and online banking issues and resolution, and will focus heavily on supporting the Electronic Banking Supervisor with annual compliance and NACHA regulated reviews of ACH originating clients.

• Attend Treasury Management system training sessions with some of the bank’s largest clients. During these trainings, they will gain exposure to domestic and international wire systems, fraud prevention tools, and the overall functionality of our business online platforms.

• Interns will gain hands on experience in Data & Analytics by developing performance metrics and creating dashboards, offering insights into tracking and driving operational excellence. In addition, the intern will also engage in policy and procedure documentation.

Platinum Service Team

The Platinum Service Team consists of individuals with varied banking experience. We open accounts for and service the bank’s high-net worth client base across the bank’s various divisions. Most of the relationships housed with Platinum are from the Commercial & Industrial banking group, followed by Commercial Real Estate and Peapack Private Wealth Management. These relationships can be highly complex and the Team partners with all areas of the bank to setup and service the clients’ needs. The team also prepares various reports for the executive leaders, including a bi-weekly deposit pipeline.

• Interns would gain exposure to bankers from all business lines, as well as the Treasury Management teams, Deposit Operations, Lending and Loan Ops, and the bank’s executive team through meetings and conference calls. Interns would assist the team in opening new accounts, the KYC process, coordinating with Treasury Management and other Ops teams to ensure the client has the services they require. They would also learn about the bank’s product offerings and day-to-day business like wire transfers, client correspondence, compliance and audit guidelines, and the team’s approach to white-glove service. The Platinum Service Team intern would also be responsible for completing documentation request for Enhanced Due Diligence from compliance as well as client experience projects for the team.

Project Management

Our project management team assists with seeing a variety of projects to completion across the organization. The group also includes the Systems Administration team, to which an intern will also have interaction.

• Tasks within this group will include work with Executive Management Governance dashboards; these dashboards help provide oversight into conflicting people & timeline resources relative to managing strategic initiatives. In addition, the intern will work with us on high priority projects.

• Support project managers in tracking project progress and ensuring timely completion of tasks.

• Participate in project meetings, capturing key insights and ensuring follow-up on critical action items.

• Develop and prepare reports and presentations for stakeholders.

• Conduct in-depth research and data analysis to inform project decision-making.

• Collaborate with team members to enhance project management processes and tools.

• Identify and implement process improvements, enhancing efficiency and customer satisfaction.

Wealth Management

Peapack Private Wealth Management provides investment management services for individuals and institutions; personal trust services, including services as executor, trustee, administrator, custodian and guardian, and other financial planning, tax preparation and advisory services. Officers from the Peapack Private Wealth Management Division are available to provide wealth management, trust and investment services at the Bank’s headquarters in Bedminster, and at all private banking locations.

• Two intern positions are available. One with our Investment team in Teaneck, NJ (some travel to Bedminster will be required) and the second in Bedminster, NJ. Duties would include performing equity, ETF and mutual fund research for and creating, tracking and assisting in implementing Investment Policy Statements for High net worth clients.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. 41 CFR 60-1.35(c)