Internships & Leadership Development

Summer Internships

2014 Beneficial State Foundation Interns

Together, we can create a new banking system.

To build the pipeline for the next generation of leaders, Beneficial State Bank and Foundation are proud to offer an intensive summer internship program which provides valuable work and learning experience to high-caliber students interested in beneficial banking, community economic development and responsible financial services. Through this 9-week program – with tracks for both collegiate and MBA students – interns work on challenging projects and complete deliverables designed to advance key initiatives and programs at Beneficial State.

Under the direction and mentorship of bank staff, each intern will complete a capstone project and present their findings to the executive leadership team at the end of the program. We design our internship projects to be challenging, meaningful and in alignment with our strategic objectives and industry trends. In the past, students have spearheaded research projects on a variety of topics, developed marketing materials and strategies, evaluated loan and credit pipelines, assessed data to help Beneficial State demonstrate our triple-bottom-line mission, assisted in the conceptualization, execution and strategy of new bank products, and helped strengthen community partnerships, among other projects.

To supplement the learning experience, interns gain additional exposure to community and socially-responsible banking through the “Beneficial Banking” Curriculum & Speaker Series. Led by experts in the fields of community banking, investing, and responsible finance, these workshops provide exposure to the challenges confronted by professionals in the industry and include site visits for interns to see the work in action.

As valued members of the team, interns are integrated immediately as part of the Beneficial State family.  We begin the program with a formal onboarding and immersion experience, exposing our interns to our “Beneficial Banking” philosophy.  We also promote a healthy work-life balance and ensure interns have the opportunity to connect and bond. Cohorts have attended baseball games, completed an indoor rock climbing class, navigated Oakland’s Lake Merritt by kayak, and ended the work day with a relaxing happy hour.

Former interns have both joined the Beneficial State team after graduation and leveraged their rich internship experience into careers in financial services and a variety of socially-responsible sectors.

Get a sense of the program through our internship cohorts:

2016 Program Details

Approximate Dates:               June 13 – August 11, 2016
Schedule:                                 Monday – Thursday, 9:30-5 pm
Locations:                                See internship postings for specific location (Oakland, Portland, Sacramento and Seattle)
Compensation:                       Competitive stipend

Every week, through the “Beneficial Banking” Curriculum and Speaker Series, interns are exposed to the innovative work of partner organizations and allies. Here’s a sneak preview of the topics we’ll explore in 2016:

  • Banking and Lending 101: Think like a Credit Analyst
  • Addressing Inequality
  • Measuring Social and Environmental Impacts
  • Financial Regulation and Policy
  • Capital Needs of Small Businesses
  • Supplying Credit to the Traditionally Underserved
  • Impact Investment 101
  • Careers in Beneficial Banking & the Future of “Good Money”

Ready to Join the Beneficial State Family?

Each year, we conduct a nationwide search for the best and brightest to join Beneficial State. We look for highly skilled individuals whose passion for economic justice and environmental sustainability match the vision and goals of Beneficial State.  While we primarily target students pursuing an MBA or a related graduate degree, we will have a track for exceptional undergraduates who are completing their degrees this year or have graduated within the last year. Individuals from other academic disciplines are also strongly encouraged to submit an application.

To apply, visit http://beneficialstatebank.com/join-our-team.aspx regularly to view open internship opportunities. Positions are typically posted in February and applications are accepted on a rolling basis until positions are filled.

For more information, or to be added to the email list for internship opportunities contact Maritessa Bravo Ares, Community Engagement Officer at (510) 463-6563 or email mares@beneficialstate.org.

The 2015 Summer Internship Cohort with Beneficial State Bank Co-CEO and Co-Founder Kat Taylor & Community Engagement Officer/ Internship Manager Maritessa Bravo Ares.

 

2016 Immersion_Intern Cohort

The 2016 Summer Internship Cohort enjoying beautiful weather in San Francisco with Beneficial State Bank Co-CEO and Co-Founder Kat Taylor & Community Engagement Officer/ Internship Manager Maritessa Bravo Ares.