{"id":781076,"url":"https://alion.io/job/northmarq-loan-operations-intern-summer-2027","title":"Loan Operations Intern, Summer 2027","company":{"id":678471,"name":"Northmarq","domain":"northmarq.com","url":"https://alion.io/company/northmarq","size_band":"1001-5000","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"Greenhouse","truth_index":{"grade":"B","score":75,"open_postings":7,"ghost_share":0,"stale_share":1,"repost_share":0,"time_to_fill_p50_days":42,"computed_at":"2026-11-03T05:54:40Z"}},"role":"Early Careers","role_family":"Early Careers","seniority":"intern","employment_type":"internship","work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"explicit","locations":["Minneapolis, United States"],"countries":["US"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":{"min_usd":31000,"max_usd":52000,"period":"year","method":"role_seniority_country_remote_cell","sample_n":408},"experience_years_min":null,"visa_sponsorship":true,"relocation_package":false,"has_equity":false,"technologies":[{"name":"Outlook","optional":false}],"status":"live","first_seen_at":"2026-09-02T20:41:48Z","employer_posted_date":"2026-09-30","last_verified_at":"2026-11-03T06:19:10Z","board_verified":true,"closed_at":null,"days_open":61,"trust":{"level":"ok","repost_count":null,"flags":[],"days_open":61},"description":"At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential - whether you are an industry veteran or you’re just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate! \nNorthmarq does not provide immigration sponsorship for this position. Candidates must possess unrestricted authorization to work in the U.S. for any employer, without the need for sponsorship now or in the future, to be considered for this position.\nNorthmarq is seeking a Loan Operations Intern for its Bloomington, MN headquarters office. Northmarq’s Summer Internship Program is a ten-week opportunity to learn the skills and gain the experience necessary for success in the commercial real estate industry. This position will work in our Operations Department and gain exposure to several teams including Escrow & Admin, Compliance, Investor Accounting, Investor Reporting, System Support, and Loan Processing through opportunities to shadow each team’s day to day work and complete functional tasks alongside our full-time staff.\nThis individual will support a variety of commercial loan servicing and operations activities, including portfolio onboarding, loan administration, cash management, compliance support, and operational process execution. Responsibilities may include reviewing and validating servicing information, supporting account and transaction processing, assisting with operational and risk management initiatives, and contributing to projects that enhance efficiency and service delivery. The role will provide general administrative and operational support to the Servicing department, including mail processing, document management, and other departmental needs as identified. Additional duties and projects may be assigned to support evolving business and team priorities.\nThe ideal candidate will be analytical, detailed, and driven to meet various deadlines while working independently on the assigned workload, ensuring accuracy remains a priority. A disciplined individual who is driven to enhance and maintain quality processes, while demonstrating problem-solving skills and the ability to handle multiple tasks, will excel at this position. Ongoing training is provided as part of the position to ensure expertise within the team and department. Additional responsibilities, including a summer intern project and multiple other projects, may be added as job expertise is demonstrated.\nPosition Responsibilities:\nPlan and schedule own workload to most efficiently meet benchmarks.\n\nProvide premier customer service to lenders, borrowers, other Northmarq staff, and outside vendors.\n\nAnalyze and interpret loan documents to accurately onboard shell loans into our Servicing system.\n\nCoordinate and execute new CMBS portfolio onboarding within our Servicing system.\n\nReview and validate borrower ACH payment setups to support secure and accurate transactions.\n\nSupport the release of collateral through lien satisfaction processing.\n\nComplete escrow payment validation for monthly certifications due to clients.\n\nReconcile custodial accounts and complete money movements and book balance entries.\n\nResearch and compile supporting documentation for audit requests.\n\nAssess compliance with lender requirements and support audit and risk management initiatives.\n\nParticipate in the Summer Intern Team Project with the other interns and present to Senior Management.\n\nCommitment to attend weekly mentor meetings and networking meetings with Senior Management.\n\nPerform other reasonable tasks/projects and assist our Operations Teams, as needed.\n\nWhat We're Looking For:\nPursuing a Bachelor’s Degree in Business, preferably in the finance, real estate, economics, accounting, business administration, or organization management.\nStrong skills in Microsoft Outlook, Excel, and Word\nStrong analytical skills\nExcellent oral and written communication skills\nCustomer service oriented\nStrong organizational and prioritization skills\nAbility to work both independently and within a team, with minimal supervision\nAbility to prioritize and meet deadlines\nDemonstrated strong work ethic\nAttention to detail and accuracy required\nProblem-solving skills to reflect the level of responsibilities\nAbility to maintain sensitive and confidential information\nAbility to maintain a positive attitude in all situations\nNorthmarq carefully considers multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for the Insurance intern position is $22.00 per hour.\n #LI-Onsite #LI-LA1","description_format":"text","description_chars":5025,"description_truncated":false,"requirements":{"experience_years_min":null,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":{"level":"bachelor","optional":false},"security_clearance":false,"languages":[]},"benefits":["Equity"],"hiring_locations":[{"name":"United States","iso":"US","kind":"country"}],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial Real Estate","Real Estate Brokerage","Investment Banking & M&A Advisory","Mortgage Lending & Brokers"],"lifecycle":[{"event":"open","at":"2026-09-12T00:44:23Z"},{"event":"close","at":"2026-09-30T01:10:21Z"},{"event":"reopen","at":"2026-09-30T23:36:31Z"}],"visa":[],"liveness":{"score":30,"band":"fade","label":"Fading","p_open":1,"p_active":0.689,"p_room":0.44,"age_days":61,"expected_fill_days":42,"reasons":["conf:3","win:tail","crowd:junior"],"computed_at":"2026-11-03T05:54:40Z"},"pay":null,"html_url":"https://alion.io/job/northmarq-loan-operations-intern-summer-2027","json_url":"https://alion.io/job/northmarq-loan-operations-intern-summer-2027.json","meta":{"generated_at":"2026-11-03T10:40:55Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":14910,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-04T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.02,"usd":0.002,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":678471},"rest":"https://alion.io/mcp/rest/get_company?id=678471"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fnorthmarq-loan-operations-intern-summer-2027"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"live","price":{"credits":1,"usd":0.1},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fnorthmarq-loan-operations-intern-summer-2027"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.02,"usd":0.002},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fnorthmarq-loan-operations-intern-summer-2027"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/northmarq-loan-operations-intern-summer-2027\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fnorthmarq-loan-operations-intern-summer-2027"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":781076}},{"tool":"search_jobs","arguments":{"company":"northmarq.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":781076},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); https://alion.io/mcp with an Alion account has everything. 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