Houston Associate Credit Analyst - Banker Development Program
Amegy Bank•Houston, TX, USA•On-site•14 months ago
Internship
$50k - $70k/yr (Estimated)
May sponsor international talent
About the job
Amegy is a leading Texas bank with over $13 billion in assets, 1,600 employees, and more than 75 locations in the greater Houston, Dallas / Fort Worth and Central Texas metropolitan areas.
At Amegy Bank, people and culture are at the heart of everything we do. We live by the motto of “everyone counts” and recognize the diverse values and experiences each employee brings to our team. We grow when our employees are supported and thrive. Let us help you transform your career. Amegy Bank, here you grow.
Amegy Bank is a division of Zions Bancorporation, N.A. (NASDAQ: ZION), one of the nation's premier financial services companies, with total assets exceeding $65 billion and over 10,000 employees, operating in 11 states.
For more information: careers.amegybank.com/moreinfo/EarlyCareer
Banker Development Program
The Amegy Bank Banker Development Program (BDP) is a rotational credit and sales training program designed to provide a solid foundation in the basics of banking. It provides an opportunity to apply finance and accounting skills to assess credit and business risk, while also developing strong sales skills within the first year of employment through hands-on experience.
The program develops credit analysts into well-rounded bankers with strong prospecting and relationship management skills. It offers a defined career path, which begins with classroom training and transitions into the opportunity to rotate through various lending departments.
Throughout the program, analysts also receive mentors who serve as additional resources and trusted advisors.
Minimum Requirements (please make sure you meet these before applying)
B.B.A. Finance or Accounting
Minimum overall GPA of 3.0
6 hours of accounting courses (9 hours, including Intermediate Accounting I, preferred)
Please attach a RESUME and a current unofficial TRANSCRIPT, showing all accounting classes, to your application (required at the time of interview). Include GPA on your resume.
Additional Qualifications
Excellent communication, presentation, and interpersonal skills
Detail oriented, organized, analytical, with proven problem-solving abilities
Leadership skills and community involvement
Highly motivated, self-starter attitude
Internship / prior work experience is a plus
PROGRAM PHASES
Phase 1: Initial Training Phase
Phase 2: Rotations
Phase 3: Placement
Phase One: Initial Training
The Initial Training Phase (ITP) is 4.5 months of classroom training at Amegy Bank’s headquarters in Houston. You will have two 2-week trainings at Zions Bancorporation’s headquarters in Salt Lake City, Utah or virtually.
TOPICS COVERED
Introductory banking and analytical concepts
Moody’s self-study courses designed to teach the analytical process and decision-making techniques needed to make sound credit decisions
Credit Foundations training
Credit underwriting
Mock write-ups based on case studies
Professional etiquette and sales training
Introductions to senior management
Bank-specific administrative training
Phase Two: Rotations
The rotational phase is 12-20 months of on-the-job training through assignments to specific lending groups.
Responsibilities
Perform analytical work required for assigned department
Shadow bank officers in client and prospect meetings
Assist in prospecting and business development efforts
Underwrite financial statement analysis and credit presentation packages
Participate in loan approval presentations
Review portfolio credit risk
Attend seminars and ongoing training
Participate in discussion sessions on banking concepts
Build one-on-one working relationships with high-level decision makers
BDP TRACK OPTIONS
Within the Banker Development Program, you have two track options to choose from: Business Banking Credit Analyst and Credit Analyst. While both tracks go through the same Initial Training Phase, they differ in the rotations and eventual placement. Both track options are available in Houston, Dallas/Fort Worth, and Central Texas.
Credit Analyst
Designed for individuals interested in serving medium to large size businesses with over $20 million in revenue
Receive in-depth exposure to various lending groups including specialty lines of business
ROTATIONS
4-7 Rotations (13 weeks each)
Commercial Lending
Private Banking
Commercial Real Estate
Corporate Banking
Energy Lending (Houston and DFW)
International Banking (Houston and CTX)
HOUSTON ONLY:
Healthcare and Not-for-Profit
Special Assets Group
Syndications
Dallas/Fort Worth and Central Texas analysts will spend their first 4-5 months in Houston before relocating to their Market for rotations.
Phase Three: Placement
Takes place approximately 16-26 months after beginning the program; dependent on employee tenure, performance, and staffing needs.
CAREER PROGRESSION
Associate, Officer (3 to 4 years)
Assistant Vice President, Relationship Manager II/Portfolio Manager II (4 to 5 years)
Vice President (5+ years)
What to expect:
Manage your own portfolio 2-4 years out of the program
Work primarily with CFOs and CEOs
Help middle market and larger businesses achieve their goals
Zions Bancorporation’s Internship and Banker Development Program positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.
