Wintrust Financial Reviews

Updated 24 June, 2014
Updated 24 June, 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

Employee Reviews

Sort: Popular Rating Date
  1.  

    My Review

    • 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 full-time for more than 8 years

    Pros

    Wintrust is a nice place to work except for the department I am in

    Cons

    To draconian in my department. Management is old fashion and out of touch

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  2.  

    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
  3.  

    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 (US)
    Former Employee - Financial Analyst in Chicago, IL (US)

    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
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Overall, a good place to work

    • 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 full-time for more than 8 years

    Pros

    Plenty of opportunities to advance or change positions. Since there are 15 banks, if no opportunities are open at one bank, something will probably come up at another bank.

    Cons

    There seems to be some political maneuvering at headquarters--some people trying to make names for themselves without taking ownership of their actions (or lack of action).

    Advice to ManagementAdvice

    Before asking banks to staff themselves leaner, look at Rosemont's productivity.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Best Bank in Chicago

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Commercial Banking Officer  in  Chicago, IL (US)
    Current Employee - Commercial Banking Officer in Chicago, IL (US)

    I have been working at Wintrust Financial full-time for more than 3 years

    Pros

    Great culture and opportunities for upward mobility

    Cons

    Investment in education for the companies younger employees

    Advice to ManagementAdvice

    Invest more in education for younger employees

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    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
  8.  

    Fast Growing local banking

    • 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 full-time for more than 5 years

    Pros

    Opportunities and more coming up as we continue to grow

    Cons

    As with any place too much Politics

    Advice to ManagementAdvice

    Listen to your front line employees...don't make decisions in a vacuum

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Not my worse employer but definitely not among the best.

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

    I worked at Wintrust Financial full-time

    Pros

    Employment opportunity....there were not many positive to this job.

    Cons

    Untrustworthy management, lack of integrity...

    Doesn't Recommend
    No opinion of CEO
  10.  

    Definitely lagging behind other banks in the area

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

    I worked at Wintrust Financial as an intern for less than a year

    Pros

    Laidback work environment, low stress.

    Cons

    Poor pay, no work ethic in department or team collaboration.

    Advice to ManagementAdvice

    Pay attention and trust young workers with more challenging projects as opposed to menial tasks. Otherwise why bother paying them?

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Good company overall - Good benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Analyst  in  Rosemont, IL (US)
    Current Employee - Financial Analyst in Rosemont, IL (US)

    I have been working at Wintrust Financial full-time for more than a year

    Pros

    Good benefits. Have on-site gym equipped with fitness classes for all employees free of charge. Two week vacation and unlimited sick days. Provides 401k match, medical (BCBS IL), dental and vision insurance. Discounts for AT&T, Jos A. Banks, etc.

    Cons

    Communication within departments is limited. A lot of micro managing. In order to fit in you must have a traditional mindset. Not very open to new ideas. Very cut throat environment. Not a team environment.

    Advice to ManagementAdvice

    Need to offer work/life balance. Offer remote access to all employees to allow all departments to remain functional and allow for work/life balance.

    Recommends
    Neutral Outlook
    Approves of CEO

Worked for Wintrust Financial? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.