First Midwest Bancorp Credit Analyst Interview Questions

Updated Jun 15, 2015
4 Interview Reviews

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Credit Analyst Interview

Anonymous Employee
Accepted Offer
Positive Experience
Average Interview

Application

I applied through college or university. The process took 4 weeks. I interviewed at First Midwest Bancorp.

Interview

On campus interviews followed by round robin interviews with bankers followed by interviewed by management team you would work for. Fairly easy with behavioral questions and fairly easy with position specific questions.

Interview Questions

  • Describe the difference between a balance sheet and income statement.   Answer Question

Other Interview Reviews for First Midwest Bancorp

  1.  

    Credit Analyst Interview

    Anonymous Employee in Chicago, IL
    Accepted Offer
    Neutral Experience
    Average Interview

    Application

    The process took 6 weeks. I interviewed at First Midwest Bancorp (Chicago, IL) in May 2010.

    Interview

    Overall, a positive experience for someone entering the workplace. It started out with a phone interview with a credit manager, and a skills test. The next step was interviewing at Itasca, IL the corporate headquarters. The interview process was very typical for the number of candiadates interviewing for a specific number of positions. It started off with a presentation, then rotation of 1:1 interviews, followed up with a group lunch to chat with credit analysts who are working their way through the program.

    Interview Questions

    • Give an example of a time where working within a team you had a disagreement. How was it resolved?   Answer Question
  2.  

    Credit Analyst Interview

    Anonymous Employee in Itasca, IL
    Accepted Offer
    Neutral Experience
    Average Interview

    Application

    The process took 3 weeks. I interviewed at First Midwest Bancorp (Itasca, IL) in March 2009.

    Interview

    The interview consisted of an initial phone interview with the internal recruiter just consisting of basic questions about my work and school experience. She was just looking to see if I would be a good fit. The second phone interview was with a potential direct manager. These questions were much more geared toward banking and finance. Basic questions like, "what's the different between a balance sheet and an income statement"; "explain what seasonality is". The final stage was a round robin interview with 3 separate 30 minute interviews that focus on how you have reacted in situations in the past.

    Interview Questions

    • Explain seasonality and how that would affect a business and your lending decision.   Answer Question
    • What would you expect to see on the balance sheet of a manufactuing company?   Answer Question

    Negotiation

    There was not a ton of room for negotiations, as there is a set range for the position. This is an entry-level position, but they tell you that the placement is close to where you live, but in fact you could be commuting to the north suburbs if you live in the city. This is a suburban bank.

  3.  

    Credit Analyst Interview

    Anonymous Interview Candidate
    No Offer
    Neutral Experience
    Average Interview

    Application

    The process took 2+ months. I interviewed at First Midwest Bancorp in November 2010.

    Interview

    I got the first round interview through University Career website, the first round interview was mostly behavioral questions, so just have as many examples as possible, and take your time to answer the questions. The interviewer was very friendly, and took a lot of time to answer my questions. It took them about couple weeks to get back to me about the second round interview, and after second round, it took them more than a month to notify me if I got the offer or not.

    Interview Questions

    • What is the difference between income statement and balance sheet?   Answer Question
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