Philadelphia 100 & Inc. Regionals Northeast, 2022

Veteran Training Program

Committed to Serving Veterans

The principal benefit of being a for profit broker-dealer is the ability to use profits to advance our mission. We will put veterans and first responders in a position to develop a skill set that will follow with them for the life of their career. Our training program aims to offer two paid opportunities to up to four veterans, first responders, and military spouses each year. Candidates will be introduced to back office and operations functions, sales-trading, and compliance. Candidates will be expected to work towards licensing throughout their training with understanding that licensing will be required in order to become a full-time member of the team post candidacy.

Link: Office of Veterans and Military Service Members

Link: Office of Veterans and Military Service Members

Bancroft Capital also collaborates with the Villanova University Office of Veterans and Military Service Members and DeSales University. In sharing a mission of service to disabled veterans, both universities have developed cooperative partnerships with the firm to provide educational support and training to Bancroft’s Veteran Training Program candidates.

 

Eligibility Guidelines:

 

Apply Here

Veteran Training Program

VTP

Objective

The objective of the Veteran Training Program (“VTP”) is to offer an integrated network of support, academic & real-life education, through which a disabled veteran may develop the foundation of knowledge capable of supporting a career in institutional finance.

Phase 1

ACADEMIA (60 Days)

Candidates will transition from military and other obligations to Bancroft, at which point they will study for and complete all FINRA entry-level exams. Candidates will virtually meet weekly with recent graduate trainees via Zoom to define discuss the candidate’s role in corporate and municipal meetings; and conduct trial runs on speaking at corporate meetings. All candidates should be trained in and familiar with Microsoft, One Note, Zoom, Bloomberg, and e-mail correspondence prior to moving to the next phase.

Phase 2

ON-THE-JOB TRAINING (8 Weeks)

Phase Two of the VTP offers candidates an introduction to each of the five business units that Bancroft operates and the products/services we deliver to our clients. VTP Candidates will rotate across eight desks, spending one week each on the respective desk as they receive an introduction to each product/service. Each week will conclude with a 360° evaluation – Candidate of Instructor(s) & Instructor(s) of Candidate.

Phase 3

CAREER PATH (Remainder of Year 1)

Based on the evaluation of a candidate’s skills and the candidate’s choice of product or service, a structured work program for an extended internship may be formulated. Candidates and management will determine revenue expectations, service accomplishments, and formulate personal goals. Candidates will make calls to clients in partnership with a product/service manager. Peer evaluations and weekly mentoring discussions will be held with all past graduates of the program and current trainees.

Phase 4

REVENUE GENERATION
BUSINESS SUPPORT
(2 Years)

Individual account assignment or product responsibilities will be established in an employment position and weekly progress reports will drafted by product or service. Mentoring will continue biweekly as scheduled in advance by candidate-graduate.

Eligible Candidates Inquire Here