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Senior Portfolio Manager, Commercial at Wintrust
Wintrust
Chicago, IL
Administration
Posted 0 days ago
Job Description
Wintrust provides community and commercial banking specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois southwestern Florida northwestern Indiana west Michigan and southern Wisconsin and commercial banking offices in Chicago Denver Milwaukee Grand Rapids Mich. and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont Illinois and listed on the NASDAQ Global Select Market under the symbol WTFC.Why join usAn 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 eligibleComprehensive benefit package including medical dental vision life a 401k plan with a generous company matches and tuition reimbursement to name a fewFamily-friendly work hoursPromote from within cultureThe Senior Portfolio Manager supports the Middle Market Commercial Banking team analyzing commercial business financial statements ranging from $10MM to $500M in revenue and calculating critical credit metrics such as cash flow leverage working capital and collateral this role you will be the point of contact for client relations and maintain a high level of client responsiveness.What Youll Do Manage an assigned portfolio of commercial customers in partnership with the relationship managerProvide support and oversight of reporting for portfolio management (delinquency problem loans exceptions tickler tracking etc.) as designated by the CCOCoordinate collection and review of financial statements tax returns covenant compliance certificates and/or borrowing bases to comply with customers reporting requirementsMonitor 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 GroupPrepare credit packages for annual reviews renewals loan requests portfolio reviews and criticized asset reviewsStructure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactionsProvide credit recommendations to the appropriate level of credit administrationReview and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closedServe as contact for provide support of and responses to internal audits loan review compliance reviews and regulatory exams for the bankComply with all bank policies and procedures as well as applicable state and federal regulationsQualificationsBachelors degree in business administration finance accounting or related disciplineMinimum 7 years commercial credit experience including experience in one of the following sectors: corporate banking middle market or CRE; leveraged lending experience preferredThorough understanding of risk management and credit mitigantsKnowledge risk ratings analysis corporate finance and/or researchStrong analytical and financial modeling abilitiesExceptional verbal and written communication skillsStrong interpersonal skills with a proven ability establishing client relationshipsProficiency using Microsoft Office products including advanced Excel modeling skillsFamiliarity with Moodys analyticsBenefitsMedical 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 InsuranceCompensationThe estimated salary range for this role is $98000-$150000 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-AC1From our first day in business Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. 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 sex age national origin disability veteran status genetic information and other legally protected categories.Required Experience:Manager Key Skills Forecasting,Hyperion,Cost Management,Construction Estimating,QlikView,Bus Driving,Analysis Skills,HubSpot,Salesforce,Market Research,negotiation,Financial Planning Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 98000 - 150000
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