Someone with more knowledge of the industry please help me out. I would guess that if you're talking about the executive level, you are going to need and advanced degree/MBA in Finance or Business or Econ to land a position with a large bank like Wells Fargo.
True or not? Because if it true, his statement is a fact.
I'm guessing that they have an intensive scholarship program and mentoring for minority candidates. Not sure who hires ready made talent out of college.
What this guy is saying is absolutely true. To land a relationship manager position (commercial lender) you best have a MBA or a very impressive resume with a strong commitment to get a MBA. We aren't talking about executive positions here. Fresh out of college with an MBA will get you a job as an analyst. If things work out in a couple of years you get promoted to lender. OTOH, retail lenders just need to be able to till out some forms. HTH
They hired plenty of minorities and women at the lower levels that could work their way up. But for positions that require an MBA, I could see how it's hard to get qualified minorities
What this guy is saying is absolutely true. To land a relationship manager position (commercial lender) you best have a MBA or a very impressive resume with a strong commitment to get a MBA. OR, have a connection We aren't talking about executive positions here. Fresh out of college with an MBA will get you a job as an analyst. If things work out in a couple of years you get promoted to lender. OTOH, retail lenders just need to be able to till out some forms. HTH
Bullshit.
If you’re the CEO of Wells fucking Fargo, you demand 100 candidates resumes on your desk by the end of the Month, you target who you want and you Get them. If you don’t have them, you fire that HR failure and hire one who will or, outsource it to somebody competent.
Christ.
PS, no fucking MBA required. Guaranteed absolute fact.
What this guy is saying is absolutely true. To land a relationship manager position (commercial lender) you best have a MBA or a very impressive resume with a strong commitment to get a MBA. OR, have a connection We aren't talking about executive positions here. Fresh out of college with an MBA will get you a job as an analyst. If things work out in a couple of years you get promoted to lender. OTOH, retail lenders just need to be able to till out some forms. HTH
Bullshit.
If you’re the CEO of Wells fucking Fargo, you demand 100 candidates resumes on your desk by the end of the Month, you target who you want and you Get them. If you don’t have them, you fire that HR failure and hire one who will or, outsource it to somebody competent.
Christ.
PS, no fucking MBA required. Guaranteed absolute fact.
Unless you're working in something like Derivatives or really high level Finance positions, if you can breathe you can work at Wells Fargo.
Know tons of Relationship Managers at WF- they are ratchet turners. They do what they are told. Mensa/MBA not required.
The really sharp bankers bailed out of there a long time ago and are working for regionals or started their own banks/credit unions.
What this guy is saying is absolutely true. To land a relationship manager position (commercial lender) you best have a MBA or a very impressive resume with a strong commitment to get a MBA. OR, have a connection We aren't talking about executive positions here. Fresh out of college with an MBA will get you a job as an analyst. If things work out in a couple of years you get promoted to lender. OTOH, retail lenders just need to be able to till out some forms. HTH
Bullshit.
If you’re the CEO of Wells fucking Fargo, you demand 100 candidates resumes on your desk by the end of the Month, you target who you want and you Get them. If you don’t have them, you fire that HR failure and hire one who will or, outsource it to somebody competent.
Christ.
PS, no fucking MBA required. Guaranteed absolute fact.
Every word true. We’re not talking Goldman Sachs here. We’re talking about a huge retail and commercial bank.
Someone with more knowledge of the industry please help me out. I would guess that if you're talking about the executive level, you are going to need and advanced degree/MBA in Finance or Business or Econ to land a position with a large bank like Wells Fargo.
True or not? Because if it true, his statement is a fact.
Without question at the executive level we’re talking about different rules. Those seats are limited and that’s real money. A lot of those rules are soft and unofficial.
If we’re talking about the commercial relationships with large corporate borrowers, those guys aren’t your average knuckle heads either and tend to know their shit and have decent educations. But you don’t need a Wharton MBA either. If we’re talking about retail, there are very few barriers.
With all that said, I’m not sure this guy showed the best judgment saying what he said. He’s asking for a fight that he isn’t going to win.
They hired plenty of minorities and women at the lower levels that could work their way up. But for positions that require an MBA, I could see how it's hard to get qualified minorities
Nope.
1. Banking school, if you’re worth it. 2. “Special Executive MBA” program set up to get the Paper to the Producer who Needs it for resume enhancement for the public to fawn over if you’re an executive level talent
All I know is that in the industry I work in there is heavy competition for qualified minority candidates and it is sometimes difficult to find them because of that competition.
If you pay them more you then have to raise the pay for all other 1st year hires, you can't just pay the brown skinned people more money, everyone would have to be given a raise.
SFGbob
Member Posts: 31,944
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He’s literally begging for your resume.
Hey Labron, wanna be a Banker?
True or not? Because if it true, his statement is a fact.
He will now get flooded with candidates. If you’re great with Relationships he will pair you with Nerd(s)
If you’re working out, you’ll get invited to Banking School.
Ask Fred Brown and others about life at B of A
He’s Wells fucking Fargo. It took till Now to “Blame The System” for not sending him ready made talent? Fuck him.
To land a relationship manager position (commercial lender) you best have a MBA or a very impressive resume with a strong commitment to get a MBA. We aren't talking about executive positions here. Fresh out of college with an MBA will get you a job as an analyst. If things work out in a couple of years you get promoted to lender.
OTOH, retail lenders just need to be able to till out some forms.
HTH
If you’re the CEO of Wells fucking Fargo, you demand 100 candidates resumes on your desk by the end of the Month, you target who you want and you Get them. If you don’t have them, you fire that HR failure and hire one who will or, outsource it to somebody competent.
Christ.
PS, no fucking MBA required. Guaranteed absolute fact.
Know tons of Relationship Managers at WF- they are ratchet turners. They do what they are told. Mensa/MBA not required.
The really sharp bankers bailed out of there a long time ago and are working for regionals or started their own banks/credit unions.
If we’re talking about the commercial relationships with large corporate borrowers, those guys aren’t your average knuckle heads either and tend to know their shit and have decent educations. But you don’t need a Wharton MBA either. If we’re talking about retail, there are very few barriers.
With all that said, I’m not sure this guy showed the best judgment saying what he said. He’s asking for a fight that he isn’t going to win.
1. Banking school, if you’re worth it.
2. “Special Executive MBA” program set up to get the Paper to the Producer who Needs it for resume enhancement for the public to fawn over if you’re an executive level talent