Bancroft Capital Welcomes Veteran Training Program Candidate Master Sergeant Jonah Webster, USA(RET) to the Bancroft Team
Posted: August 22, 2022
Bancroft Capital, a certified Service-Disabled Veteran-Owned Small Business (SDVOSB) specializing in Institutional Brokerage and Capital Markets services, is excited to welcome Master Sergeant Jonah Webster, USA(RET) as a Veteran Training Program (VTP) Candidate.
Launched in 2019 and fully funded by Bancroft Capital, the VTP puts disabled veterans and first responders in a position to develop a skill set capable of supporting a new career as Institutional Traders and Investment Bankers. Bancroft aims to offer paid opportunities to new candidates each year. Candidate training includes a rotation among the five business units Bancroft operates and an introduction to back office and operations functions, sales trading and compliance while participating in the VTP. Through their own hard work and diligence, each candidate has the opportunity to rewrite their futures as they develop skill sets that last through not one job, but for the life of a career.
Candidate Webster served as an infantryman for seven years in two of the most storied units in the U.S. Military, the 82nd Airborne Division and the 75th Ranger Regiment. In 2006, Jonah was selected to attend the Special Forces (Green Beret) Qualification Course and graduated as a Communication Specialist, to serve as a member of the 1st Special Forces Group. He has held positions as an Intelligence Analyst and Operations Chief. Prior to military retirement, Webster managed the course that trained senior Green Berets to become their teams’ Intelligence Analysts.
Webster deployed for combat eight times to Iraq, Afghanistan, and the Philippines, as well as five additional times to train and advise foreign units in Asia. Despite being selected to attend the U.S. Army Sergeant Major Academy, Webster opted to retire after more than two decades of service.
Webster holds a Bachelors Degree in Criminal Psychology and is working toward a Masters in Financial Crimes Investigation. He plans to start a new chapter working in the financial industry in the Charlotte, NC metropolitan area. Webster is one of several new VTP candidates enrolled this year.
“After being a part of the military community for over 20 years, I am now preparing to start a career in the financial sector. This has its own challenges, in addition to those that come with military transition. From learning laws and regulations, to networking, to just understanding the vernacular, I am incredibly thankful to Bancroft Capital for meeting me where I am and preparing me for my next career,” Jonah said.
“Bancroft Capital is excited to offer Jonah the opportunity to increase his academic and professional potential by facilitating and outlet for his intellectual curiosities, drive, and passion,” Cauldon Quinn, CEO of Bancroft Capital said.
In order to qualify for the VTP, which is funded by Bancroft Capital’s for-profit income, military applicants must meet the following criteria:
- Must have 180 consecutive days of service;
- Must have a discharge from the military that is honorable or other than dishonorable;
- Should have a disability rating from the Department of Veteran Affairs.
Quinn, a service-disabled Navy veteran himself, understands the value of the sacrifices made by members of the military and their families. He remarked that the restoration of military service members into their civilian lives is not only in the best interest of America and its veterans, but also a profitable equation for business. “Our company’s success is due to the confidence shown in us by our clients, and this allows us to carry on our mission of training disabled vets through our VTP. We are deeply grateful,” he said, adding, “Bancroft is proud to play a role in assisting veterans in establishing new careers and restoring them as leaders in their communities and society.”
Bancroft holds certifications and affiliations which illustrate its national significance in the veteran, higher education and business sectors, including: Service-Disabled Veteran-Owned Small Business (SDVOSB); Elite SDVOB Network, Veterans in Business Networking for Success (VIB Network), National Veteran Business Development Council, (NVBDC); Disability: IN; NaVOBA Service- Disabled Veteran’s Business Enterprise; Goldman Sachs 10,000 Small Businesses; Merck Drexel Advanced Leadership Program for Diverse Suppliers; Villanova University; and DeSales University.