Universal Banker
$16.75 - $20.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $20.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Wealth Management Trainee
Kennewick, WA · On-site
$43K - $52K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Wealth Management Trainee
Kennewick, WA · On-site
$43K - $52K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Universal Banker
$14.50 - $18.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$14.50 - $18.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Wealth Management Trainee
Spokane, WA · On-site
$43K - $52K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Wealth Management Trainee
Spokane, WA · On-site
$43K - $52K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Wealth Management Trainee
Missoula, MT · On-site
$42K - $51K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Wealth Management Trainee
Missoula, MT · On-site
$42K - $51K/yr
As a wealth management trainee on our team, you'll work one-on-one with clients to create ... Member FINRA/SIPC and the Investment Advisor position through Bankers Life Advisor Services, Inc.
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17.50 - $21.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17.50 - $21.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
Sunset Hills, MO · On-site
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
Sunset Hills, MO · On-site
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
Sterling, IL · On-site
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
Sterling, IL · On-site
$17 - $21.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16 - $19.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16 - $19.75/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$18 - $22.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$18 - $22.25/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
Rockford, IL · On-site
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker - Bilingual
Rockford, IL · On-site
$18.50 - $22/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Universal Banker
$16.75 - $21/hr
... banking. We foster programs that empower our communities, continuously invest in our employees, and ... An employee will remain in a trainee position until they have proven their ability to effectively ...
Investment Banking Trainee information
See salary details
$40K - $56.5K
3% of jobs
$56.5K - $73.1K
0% of jobs
$73.1K - $89.6K
2% of jobs
$89.6K - $106.2K
8% of jobs
$121.3K is the 25th percentile. Wages below this are outliers.
$106.2K - $122.7K
13% of jobs
$122.7K - $139.3K
10% of jobs
$139.3K - $155.8K
13% of jobs
The median wage is $157.5K / yr.
$155.8K - $172.4K
10% of jobs
$172.4K - $188.9K
14% of jobs
$191.3K is the 75th percentile. Wages above this are outliers.
$188.9K - $205.5K
15% of jobs
$205.5K - $222K
13% of jobs
$40K
$158.8K
$222K
How much do investment banking trainee jobs pay per year?
As of Jul 16, 2026, the average yearly pay for investment banking trainee in the United States is $158,828.00, according to ZipRecruiter salary data. Most workers in this role earn between $121,500.00 and $195,000.00 per year, depending on experience, location, and employer.
What is the difference between Investment Banking Trainee vs Investment Banking Analyst?
| Aspect | Investment Banking Trainee | Investment Banking Analyst |
|---|---|---|
| Required Credentials | Typically pursuing or recently completed a bachelor's degree, some internships | Bachelor's degree often with some internship experience, possibly pursuing a master's |
| Work Environment | Entry-level, training-focused, supervised tasks | Full-time, project-driven, more responsibility |
| Employer & Industry Usage | Internship programs, training roles in investment banks | Core role in investment banking teams, more permanent position |
In summary, an Investment Banking Trainee is an entry-level position focused on training and gaining experience, often during internships. An Investment Banking Analyst is a more advanced, full-time role with greater responsibilities, typically filled after completing initial training. Both roles are essential in the investment banking industry but differ mainly in experience level and job scope.
How can I get into investment banking with no experience?
Entry-level investment banking trainees typically need a strong academic background in finance, economics, or related fields, along with relevant skills such as financial modeling and Excel proficiency. Gaining experience through internships, networking, and obtaining certifications like the CFA can improve chances, even without prior work experience. Demonstrating strong analytical abilities and a high work ethic is essential for breaking into the industry.
Is 25 too old for investment banking?
Investment banking trainees typically range from recent graduates to those with a few years of experience; being 25 is not considered too old to start in the field. Many professionals enter investment banking in their mid-20s or later, especially if they have relevant skills, internships, or advanced degrees. Age is less important than your ability to demonstrate financial knowledge, analytical skills, and a strong work ethic during the hiring process.
What are some typical challenges faced by an Investment Banking Trainee during their first year?
Investment Banking Trainees often encounter steep learning curves, especially when balancing multiple projects with tight deadlines. They must quickly adapt to the fast-paced environment, develop strong attention to detail, and become proficient in financial modeling and analysis. Additionally, trainees are expected to collaborate closely with senior bankers, analysts, and clients, which requires excellent communication and teamwork skills. Managing long working hours while maintaining high-quality output can also be challenging, but these experiences are valuable for building a strong foundation in the industry.
Is a 3.5 GPA good for investment banking?
For an investment banking trainee position, a 3.5 GPA is generally considered competitive, especially when combined with strong internships, technical skills, and networking. While top firms often prefer GPAs above 3.7, a 3.5 can still be acceptable if supported by relevant experience and a solid application overall.
What pays more, IB or PE?
Private Equity (PE) roles generally pay more than Investment Banking (IB) positions, especially at senior levels, due to higher profit-sharing potential and longer-term incentives. Investment Banking trainees typically earn high base salaries and bonuses, but PE professionals often receive larger carry and performance-based compensation as they progress. Both fields require strong financial modeling skills and long hours, but PE compensation tends to be more lucrative at senior levels.
What are the key skills and qualifications needed to thrive as an Investment Banking Trainee, and why are they important?
To thrive as an Investment Banking Trainee, you need a strong background in finance, accounting, and analytical skills, typically supported by a relevant bachelor’s or master’s degree. Familiarity with financial modeling tools such as Excel, Bloomberg Terminal, and proficiency in PowerPoint are essential, with some firms valuing certifications like the CFA Level I. Exceptional communication, attention to detail, and resilience under pressure make candidates stand out in this demanding role. These skills and qualities are vital for delivering accurate analyses, managing client relationships, and succeeding in a fast-paced investment banking environment.
What is an Investment Banking Trainee?
An Investment Banking Trainee is an entry-level professional who works under the supervision of experienced investment bankers to learn about the financial services industry, particularly in areas such as mergers and acquisitions, capital raising, and financial analysis. Trainees assist with research, preparing presentations, analyzing financial statements, and supporting deal execution. This role serves as a stepping stone to becoming a full-fledged investment banker and provides hands-on experience in complex financial transactions and client interactions.
More about Investment Banking Trainee jobs
What cities are hiring for Investment Banking Trainee jobs? Cities with the most Investment Banking Trainee job openings:
What are the most commonly searched types of Investment Banking jobs? The most popular types of Investment Banking jobs are:
What states have the most Investment Banking Trainee jobs? States with the most job openings for Investment Banking Trainee jobs include:
What job categories do people searching Investment Banking Trainee jobs look for? The top searched job categories for Investment Banking Trainee jobs are:
$16.75 - $20.75/hr
Full-time
Medical, Retirement, PTO
Posted 15 days ago
Midland States Bank rating
5.8
Based on 5 frontline employees who took The Breakroom Quiz
136th of 149 rated banks
Job description
Position Title: Universal Banker
Locations: Waterloo_IL
Time Type: Full time
Req ID: JR1387-Waterloo_IL
At Midland, were proud to be a little different. You can see it in our bright orange signs-but theres more to it than that. With our heartfelt and personalized approach, were focused on meeting every customers needs with the brightest solutions.
For more than 140 years, weve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking.
We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all.
Our humble ambition keeps us growing, giving back, and looking ahead. Were innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.
You might say were unlike any other bank.
And youd be right."
At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and/or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.
Universal Banker
Pay Range: 18.50-22.00/hr
Position Summary
The Universal Banker Trainee position is responsible for delivering excellent customer experiences to current and potential customers. Employees in this position will display effective communication skills and exhibit a good knowledge of the products and services offered. Also responsible for offering referral opportunities that will result in outcomes that define excellent customer service.
An employee will remain in a trainee position until they have proven their ability to effectively place customers in the correct mix of product and services through needs based questioning. They must be able to regularly meet and/or exceed performance and production goals established by the Banking Center Manager.
Primary Accountabilities
- Institutional knowledge of banking.
- Receive cash and checks for deposit, verifying amounts, looking at endorsements and reviewing checks for possible fraud including holds.
- Examines cash carefully to guard against counterfeit bills.
- Cashes checks for customers in accordance with bank policy. Enters transactions into computer system and issues receipts.
- Provides accurate customer service to include balancing cash drawer throughout the day to reduce and eliminate teller differences.
- Understanding basic knowledge of deposit and lending products & services.
- Able to identify correct product types through needs-based questioning allowing them to build and deepen customer relationships to include determining needs and referring business partners.
- Assists with basic deposit account openings and maintenance requests with monitoring and coaching provided by a senior level employee.
- Develop sales and product knowledge allowing them to achieve personal and team goals as set. Track and monitor those sales and opportunities in the customer information software.
- Participate in onsite visits to customers to promote the Employee Perks at Work Program & Merchant Services.
- Proactively participates in outbound teleconsulting to promote and expand current client relationships.
- Actively participate in weekly huddles and one on one coaching sessions.
- Serves as relief and /or backup teller in other locations of Midland States Bank.
- Timely completion of all assigned learning activities.
- Demonstrates and models Midland States Bank core values that support the banks culture.
- Participate in bank sponsored community activities and initiatives.
- The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
- May require work in a Midland office to ensure collaboration and support of internal and external customers.
- Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
- Other duties as assigned.
Position Qualifications
Education/Experience:
- Sales and customer service background.
Ability to:
- Stand for extended periods of time.
- Ability to lift and transport coin and currency bags as required (bags may weigh between 25lbs and 50lbs).
Other Desired Qualifications:
- Multilingual speakers are encouraged to apply.
Competencies:
- Business insight
- Cultivates innovation
- Drives results
- Makes sound decisions
- Being a brand champion
- Collaborates
- Communicates effectively
- Customer focus
- Being Authentic
- Emotional Intelligence
- Self development
- Being flexible and adaptable
At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. Were proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.
If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.
Midland States Bank may use automated tools and artificial intelligence (AI) to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.
THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT
Compensation details: 18.5-22 Hourly Wage
PI33252772087d-31181-40932902
What Midland States Bank employees say
Pay
Hours and flexibility
Workplace
Get the full story on Breakroom
About Midland States Bank
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
1,001 - 5,000 Employees
Headquarters location
Effingham, IL, US
Year founded
1881