Wintrust Financial
Overview
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 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
Portfolio Manager
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. Responsibilities
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
Minimum 5 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 candidate’s qualifications, skills and experience. 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 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.
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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 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
Portfolio Manager
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. Responsibilities
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
Minimum 5 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 candidate’s qualifications, skills and experience. 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 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.
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