Phase I Initial Training (4 - 5 months)
(As an Associate Credit Analyst in the Initial Training Phase your employment status is non-exempt)
The initial classroom training takes place in Houston, Texas at Amegy Bank's headquarters and also in Salt Lake City, Utah at ZB, N.A.'s headquarters for two training sessions that are each two weeks in length. This phase is the more highly structured and managed phase of the program. Topics covered during the Initial Training Phase include introductory banking and analytical concepts as well as bank-specific administrative training. Some travel is required to complete this phase.
As a requirement of the initial training, Associate Credit Analysts complete the following series of Omega self-study courses or Zions Lectures: Omega's Financial Accounting for Lenders, Omega's Commercial Loans to Business, Commercial Real Estate Loan Analysis, Managing Portfolio Risk, and Understanding Personal Cash Flow. These courses are designed to teach the analytical process and decision-making techniques needed to make sound credit decisions.
In addition to the self-study materials, during initial training Associate Credit Analysts participate in:
Mock write-ups based on case studies
Discussion sessions to review concepts introduced in the self-study materials
Training to perform credit underwriting according to bank policy
Introductions to senior management
Department tours providing an overview of bank operations
Professional etiquette and sales training
Phase II Rotations (11 - 21 months)
(As Credit Analysts in the Rotational Phase your employment status is exempt)
The primary objective of Phase II is on the job training. Credit Analysts work closely with Bank Officers performing comprehensive credit underwriting and preparing loan presentation packages.
On the job training is accomplished through a structured rotation system. Credit Analysts are assigned to specific lending groups for a series of 4 to 7 rotations, each rotation lasting approximately 13 weeks. During these rotations, the Credit Analyst performs all analytical work required for that particular department.
Specific responsibilities include:
Preparation of financial statement spreads and credit presentation packages
Participation in loan approval presentations
Portfolio credit risk review
Shadowing Bank Officers in customer/prospect meetings
Participation in seminars and on-going training sessions
Various areas host Credit Analysts for rotations on an ongoing basis (dependent on departmental need):
Commercial Real Estate
Special Assets and Credit
The rotational system offers each Credit Analyst equal and in-depth exposure to all of the lending groups, which facilitates the placement process and ensures the development of well-rounded Bank Officers.
Participants who successfully complete the Officer Development Program can anticipate an exciting career path in banking.
Placement out of the program is dependent on employee tenure, performance, and staffing needs and generally takes place around 16 to 26 months following employment.
The first promotion out of the ODP is to a Line of Business Associate, Officer or a similar position within a specific area of the bank. Officers have formal loan portfolio responsibilities with a focus on and exposure to business development and loan portfolio management.
The next promotion is to either Relationship Manager II or Portfolio Manager II, Assistant Vice President or a similar position within a specific area of the bank and is dependent on employee tenure, performance, and the amount of time that has lapsed since being promoted to Officer. This promotion typically comes between the 3rd and 4th year of employment.
For more information, visit us online at: www.amegybank.com