Wintrust Financial Reviews

Updated June 1, 2014
Updated June 1, 2014
19 Reviews

3.2
19 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Wintrust Financial President, CEO, and Director; Chairman, Wayne Hummer Investments, Wayne Hummer Trust, Wayne Hummer Asset Management, and First Insurance Funding Edward J. Wehmer
Edward J. Wehmer
15 Ratings

5 Employee Reviews Back to all reviews

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  1.  

    Great people through out the firm, but very low paying.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Wintrust Financial

    Pros

    Excellent co workers, very knowledge with top industry experience

    Cons

    Very segmented company with disproportionate compensation.

    Advice to ManagementAdvice

    Pay employees based on meritocracy.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Overall good place to work in a commercial banking environment.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Chicago, IL
    Former Employee - Financial Analyst in Chicago, IL

    I worked at Wintrust Financial full-time for more than 3 years

    Pros

    I would say above avg health benefits, on-site gym at corp hq, good work-life balance. Company is still small to be nimble but big enough to make positive impact in the Chicago banking footprint. Overall nice employees to work with. Decent annual bonuses.

    Cons

    Top heavy organization with lots senor mgrs. Corp communications is probably the biggest cons as sr mgrs doesn't pass down goals, direction to middle and lower level analysts. I.e. the left hand doesn't talk to the right hand. Lack of remote access from home. Merit increases usually small, below industry avgs.

    Advice to ManagementAdvice

    Do evaluation of senior managers, make more employees accountable for their actions.

    Recommends
    Neutral Outlook
    Approves of CEO
  3.  

    An OK place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Wintrust Financial

    Pros

    Good benefits package, they staff their branches appropriately

    Cons

    Very political, management unconcerned with the needs of their staff

    Advice to ManagementAdvice

    Don't put unqualified people in management positions just because they're related to someone.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    Good company culture

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Loan Officer  in  Rosemont, IL
    Current Employee - Commercial Loan Officer in Rosemont, IL

    I have been working at Wintrust Financial full-time for more than 5 years

    Pros

    Growing organization, good job security

    Cons

    employees are under-compensated across the board

    Advice to ManagementAdvice

    pay better attention to your employees

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6. 1 person found this helpful  

    Quickly growing company that needs to collapse all the different charters and increase efficiency.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Credit Analyst  in  Chicago, IL
    Current Employee - Credit Analyst in Chicago, IL

    I have been working at Wintrust Financial

    Pros

    Great opportunities for advancement. Highly regarded company within their market. Cash rich which allows one to cater to customers better than they would be able to otherwise. Very flexible with your vacation schedules and family time. Pay is within the normal range.

    Cons

    The company is very top heavy with a lot of SVP and higher employees and much fewer worker bees causing everyone to be hectic at all times. The company is very inefficient with its fifteen charters and I have yet to see a benefit to all the small banks. Their continued purchases of failed banks and cutting 80% + of their employees has caused many departments to be overworked and slow.

    Advice to ManagementAdvice

    Collapse some of the charters to improve efficiency. Slow down and ensure that every department has sufficient support staff and competent management to accomplish goals.

    Disapproves of CEO

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