Middle Market Commercial Credit Portfolio Manager

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its Different Approach, Better Results philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing / outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)

Competitive pay and annual discretionary bonus eligible

Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few

Family-friendly work hours

Promote from within culture

The Portfolio Manager supports the rapidly growing Middle Market Commercial Banking team. In this role, you will be the point of contact for client relations and will be responsible for client interaction. The Portfolio Manager analyzes commercial business financial statements ranging from $20MM to $500MM in revenue and calculates critical credit metrics such as cash flow, leverage, working capital, and collateral coverage.

What You'll Do

Manage an assigned portfolio of commercial customers in partnership with the relationship manager

Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.) as designated by the CCO

Coordinate collection and review of financial statements, tax returns, covenant compliance certificates, and / or borrowing bases to comply with customers reporting requirements

Monitor assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute an appropriate plan to mitigate risk and / or transfer to Special Assets Group

Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews and criticized asset reviews

Structure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactions

Provide credit recommendations to the appropriate level of credit administration

Review and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closed

Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank

Comply with all bank policies and procedures as well as applicable state and federal regulations

Qualifications

Bachelor's degree from an accredited institution with a business, finance, economics or accounting major

6 years financial services industry experience, with a working knowledge of banking environment, products and all supporting processes and technology; prior commercial credit experience highly preferred

Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies / procedures

Thorough understanding of risks (market, rate, leverage, etc.) as it applies to the lending process

Understanding of commercial lending policies and procedures along with the knowledge of loan agreement, loan structuring, and collateral procedures

Proficiency in MS Office : Excel, Word, PowerPoint, and financial forecast models

Excellent oral and written communications skills

Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow

Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment

Benefits

Medical Insurance Dental Vision Life insurance Accidental death and dismemberment Short-term and long-term Disability Insurance Parental Leave Employee Assistance Program (EAP) Traditional and Roth 401(k) with company match Flexible Spending Account (FSA) Employee Stock Purchase Plan at 5% discount Critical Illness Insurance Accident Insurance Transportation and Commuting Benefits Banking Benefits Pet Insurance

Compensation

The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidates qualifications, skills and experience.

LI-AC1

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To be Chicagos Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

Salary : $85,000 - $110,000