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Banking associate
Rabobank Chicago, IL
$199k-310k (estimate)
Full Time 3 Weeks Ago
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Rabobank is Hiring a Banking associate Near Chicago, IL

The Associate works closely with the Wholesale Banking Analysts, Credit Analysts, Relationship Managers, Portfolio Manager and Business Manager on a range of projects including preparing for client meetings and pitches, financial modelling, producing credit applications and other approval documents, monitoring the portfolio, managing CRM data entry (e.

g. pipeline management, call report production, etc.), and monitoring the overall business through accurate data analysis and record keeping.

You and Your Job

Provide a broad range of analytical and transaction support to the bankers in the group. Perform a variety of tasks including preparation of marketing materials, modelling and credit analysis of client transactions, management of internal legal and compliance requirements, management reporting, and income tracking.

Job Responsibilities

Develop a knowledgeable understanding of the client portfolio and industries covered and to help manage those relationships alongside the RM.

Providing support to the RM in any capacity so that they can focus on adding value to the client relationship. This requires proactively engaging with the RMs in relationship management, including accompanying the RMs to client meetings, and gaining detailed understanding and maintenance of the CRM system (Client Link) and the KYC process / requirements.

Ad-hoc projects related to business management as needed.

Operate in a capacity that not only allows the Credit Analyst to confidently assign projects to the analyst, but also develop a reputation of accurately and efficiently completing those projects.

This requires receiving necessary training (e.g. CRM courses) and gaining detailed understanding of the credit systems (e.g. LEA)

Act as intermediary between the RM's and Product Groups by learning and employing the basic techniques necessary to offer support on that specific product (e.

g. capital Structure analysis, ABF products and solutions, etc.). This requires gaining a detailed understanding of products which may entail a rotation with product groups in NY.

Your Promise to Us :

To be considered for the Wholesale Banking Associate- Food Team role, you must have :

  • Bachelor's Degree, master's preferred
  • Financial licenses preferred
  • 4 years of related experience
  • Ability to travel regionally, up to 15%

Our Commitment to you - cultivating your way beyond pay :

Rabobank embraces diversity and welcomes employees and applicants of all backgrounds. Our goal is to always create an environment that is inclusive, drawing upon the strengths of the diversity of our workforce to exceed the expectation so four clients and customers.

We view your well-being as much more than a paycheck. We continually evaluate and evolve our benefit offerings to be comprehensive, competitive and to give you the options and the flexibility you need.

We focus our employee benefits on three main components :

Physical Well-Being includes our commitment to your Health and Wellness. Medical, Dental and Vision plan coverages are effective on your date of hire.

Rabo offers multiple plan options and a full network of providers to best meet your needs.

Financial Well-Being provides for your Retirement Savings Security. We love seeing your retirement plan balance grow just as much as you do! That's why you can start participating in the 401(k) plan on your date of hire.

Plus we match 50% of the first 6% you contribute to your 401(k) plan for US Employees. Rabo also contributes an additional 3% of your eligible pay in Safe Harbor contribution and up to 3% in annual Discretionary Profit Sharing contributions.

Emotional Well-Being ensures your Work Life balance. We offer a generous paid time off program to full time employees : up to 20 days of vacation time, 5 days of additional time off plus 7 sick days and 11 US holidays annually (based on hire date during the calendar year).

In addition, Growing a Better World Together requires wanting the best for our employees and their families and our communities.

To do that, we offer both the time and financial support to give back to the community through our Dollars for Doers, Helping Hands and Gift Matching programs.

All paid time off is subject to company accrual and carryover policies.)

Our Organization :

Serving clients in Mexico, the U.S. and Canada, Rabobank Wholesale Banking North America is a premier corporate and investment bank to the food, agribusiness, commodities and renewable energy industries, providing sector expertise, strategic advisory and tailored financial solutions to our clients.

We thrive on building long-term relationships with clients and stakeholders in the fastest-growing food and agribusiness region of the world.

See, https : / / www.rabobankwholesalebankingna.com / .

Salary Expectations :

Target Hiring Range : $105,000.00 - $165,000.00

This position is subject to the terms of RAF / Rabobank / RDS 's compensation plans and policies. It is anticipated that the position will pay within the target hiring range.

The range is reflective of the desired primary physical work location and may be adjusted outside of the projected range based on geographical differentiation if the actual work location of the hired candidate differs from the desired primary location, or for other lawful reasons.

Further, all full-time regular positions include all other benefits provided to RAF / Rabobank / RDS employees, including healthcare benefits, 401k matching, vacation, sick leave, parental leave, possible discretionary bonuses and all other benefits that are all governed by and subject to ERISA plan documents and eligibility.

Rabo provides equal opportunity in employment to all employees and applicants and does not discriminate on the basis of race, color, creed, religion, national origin, ancestry, alienage or citizenship status, age, sex, sexual orientation, gender identity gender expression, marital status, genetic information, medical condition, physical or mental disability, pregnancy, childbirth or related medical condition, military service or veteran status, victims of domestic violence, or any other basis protected by applicable law.

Rabo also prohibits harassment of any individuals on any of the bases listed above.

At Rabobank, we strive to grow a better world together. In order to achieve that, we have to have the right people in the right jobs.

Are you ready to join our team?

This job posting has no fixed application deadline. We will accept resumes until a qualified applicant pool is identified.

LI-Hybrid

Last updated : 2024-07-01

Job Summary

JOB TYPE

Full Time

SALARY

$199k-310k (estimate)

POST DATE

06/14/2024

EXPIRATION DATE

09/25/2024

WEBSITE

robobank.com

HEADQUARTERS

New York, NY

SIZE

<25

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