Commercial Banking Leadership Development Program

Company: Busey
Location: Champaign
Posted on: January 8, 2021

Job Description:

Once accepted into the CBLDP, the program participants will develop a strong foundation in commercial banking and credit analysis through an accelerated technical, sales, and leadership curriculum. The Commercial Banking Analysts focus on enhancing skills by combining formal credit and sales training with hands-on business application. Duties and Responsibilities Credit Analyst Tasks:

• Financial statement spreading and analysis, including calculation of Debt Service Coverage or Fixed Charge Coverage Ratios per Busey guidelines.
• Use financial data such as cash flow, liquidity, profitability, and leverage to determine and minimize the overall risk of extending credit to businesses and individuals.
• Work with Commercial Relationship Managers or other Lending staff to prepare clear and concise Commercial Credit Approval Request (CCAR) memos that include all pertinent information associated with the overall risk of the loan, identifying the strengths and weaknesses of the Borrower.
• Evaluate collateral, industry data and other relevant credit information.
• Assist with Portfolio Management duties to include testing financial covenants, monitoring monthly borrowing base reports, preparing portfolio reviews and sensitive asset reports, as assigned.
• Assist Commercial Relationship Managers with the preparation of opportunity memos for new and existing relationships.
• Develop a working knowledge of the Commercial Banking Loan Policy and systems, including nCino.
• Assist with other duties or special projects as assigned. Program Activities and Tasks
  • Participate in all scheduled credit and sales training.
  • Periodically attend scheduled meetings with Bank customers.
  • Participate in rotations across all areas of the organization which include Commercial Banking, Wealth Management, Commercial Support, Retail, and Mortgage.
  • Participate in leadership development training sessions scheduled throughout the duration of the program.
  • Engage in volunteer activities and networking events within Busey's markets which provide exposure to community members, business leaders, and customers.
  • Learn from a mentor in the Commercial and/or Credit space for continued development Curriculum:
    • Commercial, Credit, Cash Management
    • Relationship Banking - Retail, Mortgage Wealth Management Commercial Mentorship
      • Paired with a leader in the Commercial and/or Credit space for continued development Education and Training
        • Bachelor's Degree in Finance, Economics, Accounting or graduate with 1-3 years' experience in a business-related field.
        • Cumulative GPA of 3.4 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: Indianapolis, Illinois, Missouri, and Florida Qualifications Knowledge :
          • Strong oral and written communication skills
          • Strong sales and customer service skills Ability :
            • Multi-task and work independently
            • Analyze and interpret numerical data
            • Make independent and difficult decisions within parameters of the Bank's loan policies EOE of Minorities, Females, Vets, Disability

Keywords: Busey, Champaign , Commercial Banking Leadership Development Program, Accounting, Auditing , Champaign, Illinois