Ethan Erickson Email & Phone Number

Saint Paul, Mn, Us

Minnetonka, Minnesota, United States

12-week rotational internship with exposure in Credit, Commercial Banking, Private Banking, and Wealth Management.- Experience shadowing a commercial underwriter while developing knowledge of underwriting process by looking at financials to evaluate company's story, risk factors, and reasons for borrowing.- Gained understanding of the cash conversion cycle, risk ratings, debt service coverage, collateral analysis, traditional and UCA cash flow statements, income statement and balance sheet analysis, and both economic and company specific risks with mitigants.- Provided a case study, composed a mock credit presentation with help from an underwriter. Presented findings and conclusions to a mock credit committee.- Shadowed Private Bankers to learn about growing and maintaining client relationships.- Gained understanding of Private Banking products and concepts including an emphasis on liquidity events, touchpoints, etc.- Engaged in pre-call and post-call client debriefs- Collaborated with a Private Banker to complete an FDIC coverage report for a client- Gained exposure to a mortgage satisfaction process and debt consolidation by attending a HELOC closing meeting with client.- Collaborated with Holmes Murphy interns to create an intern networking event, applying branding skills to showcase Alerus and the internship.-Gained an understanding of wealth management concepts and products including RMD's, IRA's, pension plans, 401K's and 529 plans.-Composed a mock financial plan using client information and presented to members of the wealth management team demonstrating skills in financial planning.- Displayed scenario and sensitivity analysis abilities in creating a financial plan using the What Ifs and Plan tools in eMoney.- Shadowed financial advisors in client meetings involving annual reviews and assessing of risk tolerance and strategy of portfolios.

St Paul, Minnesota, United States

Anoka, Minnesota, United States

Minneapolis, Minnesota, United States

St Paul, Minnesota, United States

Worked as a barback and busser for The Frontier at the Minnesota State Fair. Assisted bartenders and customers when needed. Kept the dining area and backroom clean. Ensured food and beverage was stocked.

Coon Rapids, Minnesota, United States