Commercial Banking & Wealth Management Leadership Development Program

Busey Bank
retirement plan
United States, Illinois, Champaign
100 West University Avenue (Show on map)
Sep 29, 2024
Position Summary PROGRAM OBJECTIVE Busey's Leadership Development Institute provides a unique and comprehensive learning experience focused on Commercial Banking and Wealth Management by engaging participants in an intensive 24-month rotational training track through our highest revenue producing business lines, learning how to drive value and create meaningful impact. The innovative curriculum and experiences provide candidates foundational skills and specialized insight into Commercial Banking and Wealth Management at Busey while immersing associates into our relationship-focused culture-ultimately developing a strong associate who understands customer needs and can deliver compelling strategies and solutions through a personalized, holistic review of the client. PROGRAM EXPECTATIONS During the program, you will be based in our corporate headquarters in Champaign, Illinois, the foundation of Busey's 150+ year history, and an intentional arrangement that offers exposure to Busey's executive and senior leadership. You will also have opportunities to travel to other markets across the Busey footprint and interact with associates amongst all business lines through formal rotations and day-to-day responsibilities performing the Credit Analyst and Financial Planning functions. The newest cohort of Busey's Leadership Development Institute will begin in early June 2025. "Bridge" employment opportunities are available leading up to the program start for those who are eligible. Career paths following program graduation are in either Commercial Banking or Wealth Management, with roles such as a Commercial Portfolio Manager or a Wealth Advisor Associate, leading to future opportunities as a Commercial Relationship Manager, Private Wealth Advisor or Fiduciary Advisor. These roles are based across Busey's various markets and individual placement will be subject to business need at that time. Duties & Responsibilities Commercial/Credit experience offers a structured credit training program, where participants develop an understanding of credit products, lending practices, and financial analysis. Participants will work on live commercial loan requests alongside commercial lenders across Busey's footprint, serving customers in a variety of different industries. Wealth Management experience offers a structured training program where participants will earn their Wealth Management Specialist (TM) (WMS (TM)) designation and gain a deep understanding of the financial planning process, including data gathering, analyzing and writing summary statements, and presenting to both clients and prospects. Associates will receive substantial exposure to talented teams leading specialized functions. Curriculum Rotations: Associates will be introduced to the company's products, services and processes that will foster the skills and knowledge needed to make valuable contributions to our company. Commercial rotations include departments like relationship and treasury management, service support and compliance, loan review and special assets Wealth Management rotations include wealth and fiduciary advisors, portfolio management, investment and retirement plan services, private client managers and compliance teams Other department rotations include personal banking and various back-office functions like operations, IT, risk and finance Education & Experience Knowledge of: Excellent verbal and written communication skills An interest in working in the Commercial Lending and Wealth Management industries Self-motivated and competitive with a high degree of attention to detail and accuracy, strong organization, and time management skills Basic/intermediate knowledge of Microsoft Word, Excel, and Outlook and ability to learn Busey's core systems Ability to: Grow a balanced network and build relationships across the organization - allowing for deeper enrichment and understanding of all bank functions Education and Training: Bachelor's Degree in Finance, Economics, Accounting, Financial Planning & Services or other business-related graduate Cumulative GPA of 3.0 or higher is preferred Participation in community or school-based organizations or equivalent work experience Flexibility to travel within Busey's markets including but not limited to: Illinois, Indiana, Missouri, and Florida Busey values a diverse and inclusive workplace and strives to recruit, develop and retain individuals with exceptional talent. A team with diverse talent, working together, is essential to Busey's commitment of delivering service excellence. Busey is an Equal Opportunity Employer including Disability/Vets. Visit Busey.com/Careers to learn more about Busey's Equal Opportunity Employment.