Summer 2027 Intern: Deposit Operations & Treasury Management

Location: Wilmington, NC

About Us

Live Oak Bank is a digital bank that serves small business owners across the country.  Our groundbreaking spin on service and technology has fueled our mission to be America’s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money.  At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.

Ready to make an impact? We're looking for an intern to join our team for the onsite 10-week Summer 2027 Internship Program (May 17 - July 23, 2027) at our headquarters in Wilmington, NC. Applications are due by 11:59 p.m. ET on Wednesday, September 23.

HOW THIS ROLE IMPACTS LIVE OAK AND ITS PEOPLE

Live Oak Bank exists to serve small business owners, the people who often get overlooked by traditional banks but who power our communities every day. Our Deposit Operations and Treasury Management team keeps the engine running behind the scenes, making sure deposit accounts function smoothly, transactions process accurately, and treasury solutions actually work the way our clients need them to.

As an intern on this team, you'll help keep that engine humming. Your work will support the operational backbone that allows small businesses to trust us with their money, and you'll walk away with a real understanding of how a modern bank operates day to day.

WHAT YOU'LL DO AT LIVE OAK

Support daily deposit operations, including account maintenance, transaction processing, and issue resolution

Assist the Treasury Management team with onboarding, implementation, and ongoing support of treasury products and services

Help identify process improvements and contribute ideas to make operations more efficient and client-friendly

Prepare reports, reconcile data, and assist with quality control checks across deposit and treasury functions

Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC

Partner with teammates across Operations, Product, and Client Services to support a seamless client experience

Join team meetings, trainings, and projects designed to build your foundational knowledge of banking operations

REQUIRED EXPERIENCE

Currently pursuing a bachelor's degree in Finance, Business, Accounting, Economics, or a related field

Strong organizational skills and attention to detail

Clear written and verbal communication skills

Comfortable working with Microsoft Office, particularly Excel

A collaborative mindset paired with the ability to work independently when needed

A genuine curiosity about how banks operate and a willingness to learn quickly

PREFERRED EXPERIENCE

Previous internship or coursework in banking, operations, or treasury services

Familiarity with deposit account structures or treasury management products

Basic understanding of regulatory or compliance concepts in financial services

Experience with reconciliation, data entry, or reporting tools

Interest in building a long-term career in banking operations or treasury management

#LI-DNI

Our Values

Dedication: Possess a deep commitment to Live Oak Bank’s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.

Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.

Respect: Treat everyone with courtesy, politeness, and kindness.

Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.

Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more

For a detailed overview of our employee benefits please visit: http://www.liveoakbank.com/careers/

Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at [email protected].

EEO is the Law The base pay range for this position is $19.77 - $32.12 per hour. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate’s salary is determined by several factors including travel, relevant work experience or skills and expertise.

Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.