Wintrust Financial Corporation
Senior Portfolio Manager, Commercial
Wintrust Financial Corporation, Northfield, Illinois, United States
Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. We serve clients in all 50 states with more than 200 branch locations and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, and other locations. Wintrust is a $66 billion financial institution based in Rosemont, Illinois. Equal Opportunity Employer.
Overview The Senior Portfolio Manager, Commercial supports the Middle Market Commercial Banking team, analyzing commercial business financial statements ranging from $20MM to $500M in revenue and calculating critical credit metrics such as cash flow, leverage, working capital, and collateral coverage. You will be the point of contact for client relations and maintain a high level of client responsiveness.
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 in business administration, finance, accounting, or related discipline
Minimum 7 years’ commercial credit experience including experience in one of the following sectors: corporate banking, middle market or CRE; leveraged lending experience preferred
Thorough understanding of risk management and credit mitigants
Knowledge of risk ratings analysis, corporate finance and/or research
Strong analytical and financial modeling abilities
Exceptional verbal and written communication skills
Strong interpersonal skills with a proven ability to establish client relationships
Proficiency using Microsoft Office products including advanced Excel modeling skills
Familiarity with Moody\'s analytics
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 $98,000-$150,000, 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 communities. We believe in fostering an inclusive workplace where everyone feels valued and empowered to succeed.
EEO Statement Wintrust Financial Corporation 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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Overview The Senior Portfolio Manager, Commercial supports the Middle Market Commercial Banking team, analyzing commercial business financial statements ranging from $20MM to $500M in revenue and calculating critical credit metrics such as cash flow, leverage, working capital, and collateral coverage. You will be the point of contact for client relations and maintain a high level of client responsiveness.
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 in business administration, finance, accounting, or related discipline
Minimum 7 years’ commercial credit experience including experience in one of the following sectors: corporate banking, middle market or CRE; leveraged lending experience preferred
Thorough understanding of risk management and credit mitigants
Knowledge of risk ratings analysis, corporate finance and/or research
Strong analytical and financial modeling abilities
Exceptional verbal and written communication skills
Strong interpersonal skills with a proven ability to establish client relationships
Proficiency using Microsoft Office products including advanced Excel modeling skills
Familiarity with Moody\'s analytics
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 $98,000-$150,000, 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 communities. We believe in fostering an inclusive workplace where everyone feels valued and empowered to succeed.
EEO Statement Wintrust Financial Corporation 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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