Intern

Commercial Lending Operations

Collateral Administrator Intern - Automation & Process Improvement

The Collateral Admin Intern will support the Collateral Management team by assisting with automation, reporting, and process improvement initiatives that enhance efficiency, data accuracy, and operational controls. This position is located in Bedminster, NJ.

Intern Responsibilities:

- Identify opportunities to automate manual collateral management processes (through UCC, Lee & Mason, and Lereta).

- Assist with developing and testing reports, dashboards, and workflow solutions (within JH and EDW)

- Analyze data to identify trends, exceptions, and process improvement opportunities for documentation related to loans within the organization.

- Support data validation, system cleanup, and quality control efforts.

- Create process documentation and standard operating procedures.

- Assist with technology initiatives related to collateral tracking and portfolio management.

Commercial Real Estate

Our Commercial Real Estate (CRE) team specializes in CRE lending, providing customized solutions for each client, focusing on helping them achieve their goals. We provide solutions specifically designed to fit the client's needs, not ours! We strive to build long term relationships and help clients build their financial legacy. This position is located in Melville, NY.

The Commercial Real Estate intern will gain a broad introduction to Commercial Real Estate lending, as well as work on loan deals with the team. This can include:

- Industry Fundamentals

- Credit & Underwriting Basics

- Site Visits & Property Tours

- Lending Process & Deal Structuring

- Deposits & Relationship Banking

- Special Topics & Industry Trends

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 Private 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 represent an important revenue stream for Peapack Private. This position is located in Bedminster, NJ.

- 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.

- 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/Compliance

ERM

Enterprise risk management (ERM) is the Banks 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.

Enterprise Risk Management (ERM) is defined as an organizations 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. One of the main benefits of ERM is an enhanced perspective and focus on risk management across the institution.

Regulatory Compliance

Various consumer protection, fair lending, fair housing, and community reinvestment laws apply to financial institutions interactions with customers and communities. The Regulatory Compliance Department is responsible for overseeing the Banks 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).

This internship with ERM/Compliance is located in Bedminster, NJ.

Information Technology

Information Technology is a critical part of bank operations across all business lines. IT deploys, manages, and supports the banks technology solutions. This position is located in Bedminster, NJ.

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.

Internal Audit

The Internal Audit intern will learn about the Internal Audit department, including

- Developing an understanding of our core responsibilities and how we execute against our deliverables,

- Participate in business as usual audit procedures, and

- Focus on leveraging artificial intelligence to assist the department in developing certain audit procedures into automated procedures which can be repeated in the future to allow for more frequent, full population testing with a significant reduction in manual intervention.

- An additional primary area of focus would include IT general controls but could extend into other areas of audit coverage. This position is located in Bedminster, NJ .

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. This position is located in New York City, NY

- 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

Legal

Working with the banks attorneys, the summer intern will:

- research legal questions;

- assist in reviewing, analyzing and drafting customer and third-party agreements; and

- help assess subpoenas, levies and other legal process.

- The intern will also contribute to projects involving legal strategy and the departments operations, including responsible use of AI, outside-counsel onboarding and improved workflows.

The role offers a substantive, supervised experience in how in-house counsel advises a bank and supports its business. This position is located in Bedminster, NJ.

Personal Banking Operations

The Personal Banking Operations Intern will support the Operations team in process improvement, project coordination, and data analysis. This role offers hands-on exposure to banking operations and builds transferable skills aligned with project management and operational analysis. The intern will gain experience in creating and refining documentation, analyzing workflow data, and assisting with projects that enhance efficiency, compliance, and client experience. This position is located in Bedminster, NJ.

Key Responsibilities:

- Assist in reviewing, updating, and standardizing internal procedure documents and job aids.

- Track project deliverables, milestones, and timelines in project logs or tracking tools.

- Assist with creating project status updates, dashboards, or summaries for leadership review.

- Prepare meeting agendas, capture notes, and follow up on assigned action items.

- Support cross-functional coordination by gathering input from multiple departments.

- Assist with building simple reports, charts, or presentations to communicate findings.

- Support the implementation of corrective process actions and process refinements.

Wealth Management

Our Wealth Management division includes investment management services, financial planning, tax preparation and advisory services. This internship opportunity supports the Financial Planning and Client Service teams. This position is located in Bedminster, NJ.

The intern will gain an understanding of:

- Personal Financial Planning and how it relates to the other aspects of Wealth Management

- Client Service work to support all our Wealth client accounts

Intern duties will include – Financial Planning

- Learning the who, what, where, when and why of Financial Planning

- Examine the inputs and outputs for a Financial Plan

- Work on preparing a Cash Flow Analysis

- Design and execute a personal finance project relevant to college students and new grads.

- Participate in weekly Financial Planning Team meetings and monthly Financial Planning Lunch meetings

Intern duties will include – Client Service

- Learning the role of the Client Service Officer and how the CSO partners with Relationship Managers, Portfolio Managers, Investment Analysts, Financial Planners, and other internal teams to support clients.

- Observing the client service model, including the workflow for new account opening, account maintenance, money movement, client inquiries, and ongoing relationship support.

- Assisting with the organization and maintenance of client and account documentation, under the direction of the Client Service team.

- Assisting with client service projects, process documentation, and efforts to improve consistency, efficiency, and the overall client experience.

- Participating in Client Service team meetings and other relevant Wealth team meetings to gain exposure to how teams collaborate to serve clients.

- Assisting with the organization of client files.

- Learning how the team uses key systems and tools, including the CRM, custodial platforms, portfolio reporting tools, and internal workflow resources.

- Researching assigned operational or client-service topics and presenting findings or recommendations to the team.

Intern Program Compensation:

Interns are paid at an hourly rate of $20/hour.