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2025 Treasury Management Internship Grand Rapids

Comerica Bank
life insurance, parental leave, paid time off, sick time, 401(k)
United States, Michigan, Grand Rapids
Jan 08, 2025
Treasury Management Summer Internship Program
Location: Grand Rapids, MI (hybrid)
Start date: Summer 2025
The goal of this internship is to support the activities of the Treasury Management Sales Officers (TMOs) and assist with the onboarding client experience. This position functions as a partner to the TM Sales Officer by participating in internal line of business meetings, TM Sales meetings and external client meetings.
The Treasury Management intern will assist TMOs in the implementation and coordination of adding new services to new and existing customers. The internship also includes learning to prepare pricing proformas and building client reviews.
The TM Internship provides a deeper dive into Comerica's product offerings which assist clients with their cash flow needs.
Treasury Management is aligned with the following Lines of Business (subject to geographic market):


  • Middle Market
  • Business Banking
  • US Banking
  • National Dealer Services
  • Technology and Life Sciences
  • International
  • Environmental Services
  • Energy
  • Equity Fund Services
  • Commercial Real Estate
  • Mortgage Banker Finance
  • Entertainment
  • Municipalities
  • Retail Banking


Orientation


  • Introduction to Comerica, Treasury Management, organizational culture
  • Meet the Treasury Management team -- National TM Sales and Sales Associate teams; Service, Implementations, Product
  • Provide context for TM Intern responsibilities


Product Training


  • Discuss cash flow benefits to clients utilizing TM Services
  • Detailed TM product offering overview, including Commercial Card and Merchant Services
  • Discover product features and their value to our clients
  • Gain understanding of each products' pricing
  • Understand cost benefit analysis of TM services


Documentation and Risk


  • Understand the Client Enrollment Form and how if relates to legal agreements and bank risk
  • Process risk approvals for TM services with Relationship Managers


TMSA/TM Officer Partnership


  • Prepare pricing proposals for prospects and clients understanding how pricing differs across financial institutions
  • Prepare Client Reviews and Industry research
  • Participate in client and prospect meetings with TM Sales Officers, including pre-call plan meetings with the Relationship Management teams


Qualifications


  • Rising College Senior Status
  • Accounting, Finance, Business major preferred
  • Overall GPA of 3.0 or above
  • Two Accounting courses completed
  • 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

Work Best Category: Category C - Days in the office will either be designated days or will vary week to week from 2-5 days Hours: Monday - Friday 8:00 am - 5:00 pm Salary: To Be Determined Based on Individual Experience

About Comerica
We know our employees are critical to our overall success and we are dedicated to investing in their future. One of the ways we do this is to offer a comprehensive Total Rewards package designed to recognize and reward individual performance, as well support health, well-being, development and security for our colleagues and their family. Total Rewards consists of cash compensation, development and flexible benefit programs designed to meet individual needs today and in the future. Your salary will be commensurate with your work experience and our programs are reviewed regularly to ensure each remain competitive. We are proud to offer benefits such as health and welfare programs, strong retirement benefits, and generous paid time off programs. You and your eligible family members, including domestic partners and their children, can participate in medical, dental, and vision benefits, 401(k) and pension, income protection benefits such as life insurance, AD&D, and supplemental health programs to offset unexpected health care expenses. We also have a variety of time off programs for things like vacation, sick time, disability, and parental leave. Eligibility for some programs varies based on employment status and tenure.

Upon offer, Comerica conducts a comprehensive background and fingerprint check.

NMLS certification requirement: where applicable, a favorable background check screening, credit check, fingerprint check, and NMLS certification is required in accordance with the SAFE Act.

Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned into three major business segments; the Commercial Bank, the Retail Bank, and Wealth Management. Comerica's colleagues focus on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico.

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

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