Intern - Lending Product Strategy

Job Description

Product Strategy Intern, multi semester

AgFirst Farm Credit Bank, a growing agriculture lender with over $40 billion in assets, has an exciting opportunity available for a Product Strategy Intern. The position will be located in Columbia, SC. The internship experience at the Bank is designed to partner with students by creating a stimulating learning experience through working on real projects that impact the business. If you are interested in elevating your career, you should consider an opportunity with us!

The Product Strategy Intern will:

A college-level intern to help complete Business Case Analysis and Competitor Analysis as needed, as well as complete supporting industry research from internal and external resources. Below are some examples of possible project work.

• Inventory of vendors and products chosen by commercial banks
  • Example: who are the players and what is their profile (financial standing, acquisitions, roadmap)
  • Example: Other Farm Credit Banks, ACAs, and service providers have all made choices in the past year or so that impacts vendor market share
• Deep dive into a competitor business model, strategy identification, SWOT analysis, territory, market share, competitor landscape.
  • Example: Ag lending bank winning deals from Farm Credit recommend new lending strategy as a reaction
• State of the market for vendors in key spaces
  • Example: end of life technology in the spreading tool space drove nearly every commercial bank to purchase new products in the last 18 months
• Sales momentum and analysis of impact to AgFirst
  • Example: FIS picked up many clients from Moody's in the past 18 months
    § Pro: Another Farm Credit Service provider and AgFirst are target clients for Moody's (selections are pending for both)
    § Con: We see strained support from FIS and slow roadmap execution for Optimist.

• Emerging technology in the product space
  • Example: automated spreading technology
  • Example: AI and natural language processing which completes first level credit analysis

This would be very good exposure for an intern and the project deliverables would be helpful to all Strategy Directors in Product Strategy. Scope could be expanded into the development or marketing of a product, time permitting.

Preferred Qualifications

• Graduate student
• Pursing MBA or Masters degree in related field

About Us

Are you ready for a career with us that will impact more than you ever imagined? At AgFirst, you have an opportunity to make a difference for agriculture and rural communities while elevating your career. When you work here, you are part of a cooperative that provides financing, technical support and business services to banks in the national Farm Credit system. You can be part of the solution for those banks - our customers - as they make loans to more than 80,000 farmers, businesses and homeowners in rural America. At AgFirst, we value your skills and unique perspective. We think you'll like the impact you can make here and the benefits you will enjoy. AgFirst is dedicated to fostering an engaged workplace that makes every employee feel valued, appreciated and heard. We invest in our employees because they invest in us and work hard to make our bank successful. Among its range of benefits, AgFirst offers competitive pay, flexible work schedules, a corporate incentive plan and even free coffee and soft drinks in the break room. If you're ready to impact more than you ever thought possible, we're ready for you!

While we offer a variety of lending and credit jobs, we're more than just an agricultural lending company. We have many roles in areas such as information technology and information security, as well as support services. No matter your career path, find a way to impact more with AgFirst!

OUR BRAND AND CULTURE

We want to make a difference in people's lives - and that includes yours! We strive to create a workplace environment where all employees feel welcome and open to bringing their whole selves to work. We have a diverse, talented workforce that helps us bring a well-rounded perspective to the solutions we provide. At AgFirst, we aim to give our employees room to grow both personally and professionally. We hope you will find more than just a job here. We hope you will find a fulfilling career that allows you to use your abilities to impact more.

OUR BENEFITS AND REWARDS

AgFirst believes employee satisfaction is built around a career that combines personal and professional accomplishment with financial rewards that help you build toward the future. We believe that compensation is more than just a paycheck. At AgFirst, you'll find a total rewards package that includes:

• Competitive pay, with paid vacation, holidays and sick leave, as well as paid time off for volunteering.
• Corporate incentive plan with spot bonuses for top-notch work.
• Medical, dental and vision insurance, as well as life and disability insurance.
• Flexible spending and health savings accounts.
• Generous 401(k) matching contributions, as well as additional employer contributions.
• Reimbursement for approved higher education pursuits.
• A wellness program for employees, which includes resources for a healthier lifestyle.
• A Leadership Academy for professional development.
• Other perks, such as employee discounts, annual on-site flu shots and even free periodic chair massages.

In addition, we are located in a modern office building in a revitalized business district on Main Street in Columbia, S.C., near multiple restaurants and shops. Our open floor plan features a variety of meeting areas, from cozy collaboration rooms to large meeting spaces - all equipped with state-of-the-art technology to meet your business needs.

Other benefits of our office building include:

• Free parking in an attached garage.
• An on-site restaurant.
• A newly renovated fitness center.
• On-site conveniences, such as dry cleaning and oil change services.

Regular building events, such as luncheons and ice cream socials