Wintrust Financial Corporation's rotational credit analyst training program, Wintrust Credit Academy, offers the opportunity to build a career in commercial banking. Over the course of the 2 year rotational training program, individuals will gain exposure to a variety of functions in the commercial banking field through classroom training and rotational job assignments.
Through in-classroom training, analysts will learn about the organization, our products and services, clients, and business practices. During this portion of the program, individuals will be introduced to the fundamentals of credit analysis, our underwriting framework, and various other subjects including loan documentation, risk assessment and concise financial writing.
Credit Analysts are responsible for financial analysis and risk assessment of potential borrowers, preparation of credit memoranda to be presented to senior management, and monitoring credit risk within various loan portfolios. The rotational component of the program includes rotations in areas such as Commercial and Industrial Lending, Commercial Real Estate, Wealth Services, Asset Based Lending, and various other lending teams.
After successful completion of the program, highly motivated analysts will have the opportunity to move into a professional role in Commercial Banking or Credit at one of the many Wintrust locations. Wintrust Academy provides a solid foundation for developing a successful career as a Commercial Banker.
You will work alongside relationship managers, business development managers, portfolio managers, and others in your office to develop a deep understanding of the operating performance and potential borrowing needs of prospective clients. You also will assist relationship managers with ongoing support of existing clients. Your responsibilities may include:
Analyzing a company's financial, operational, and management strengths and weaknesses to minimize capital, balance sheet, and reputation risk
Representing Wintrust in developing and maintaining relationships with clients
Actively collaborating with senior relationship managers on underwriting simple and complex transactions for a wide range of companies and individuals
Underwriting transactions related to traditional commercial lending, wealth management, treasury management, and other credit-related products
Preparing company annual financial reviews and underwriting memos focusing on a company's leverage, key risk factors, sources of repayment, cash flow, and ability to service debt
Reviewing and assisting in negotiating loan agreements and ancillary documents related to a transaction closing
Understanding client needs and identifying potential cross-sell opportunities for other Wintrust products and services
Bachelor's Degree Required (Business, Finance, Economics or Accounting preferred)
Outstanding academic credentials
Superior analytical, quantitative, leadership, interpersonal, and written/verbal communication skills
Excellent computer skills
Internship in banking or related field preferred
Active involvement and leadership in extracurricular activities. Previous volunteerism or community service a significant plus
Travel between Wintrust locations will be necessary. Candidates will be expected to provide his/her own transportation for training and for each rotation.
Interested candidates who will complete their bachelors degree in 2019 may submit their application for positions that will begin in July of 2019.