at Wintrust Financial Corporation in Chicago, Illinois, United States
Job Description
Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.
Why join us?
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An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
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Competitive pay and annual discretionary bonus eligible
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Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
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Family-friendly work hours
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With 175+ community bank locations, we offer opportunities to grow and develop in your career
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Promote from within culture
The Portfolio Manager, Factoring manages daily collateral and loan analysis for their assigned commercial portfolio of clients and assists in new client onboarding.Reporting directly to the Team Lead, the Portfolio Manager is the main point of contact between Wintrust Receivable Finance and our clients.
What Youll Do
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Work closely with Assistant Portfolio Manager in day-to-day responsibilities including but not limited to
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Maintaining an effective line of communication on assigned accounts to ensure a high level of portfolio monitoring
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Monitoring and updating ticklers, ensuring client is in compliance with collateral reporting (AR, AP, financials, etc.)
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Monitoring Account Debtor purchase limits, ensuring timely reviews and updates
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Reviewing and purchasing the assignment schedules after they have been processed
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Work with the borrower to resolve any questions/issues relating to collateral, reporting requirements, etc. and approve daily client advance requests
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Complete necessary Credit Approval documents for prospects, renewals, line increases, etc.
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Review trend cards and actively participate in portfolio reviews
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Adhere to Bank Compliance policies and procedures
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Perform all other duties as required
Qualifications
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Associate or bachelors degree in Accounting, Finance, or related field preferred
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Minimum 5 years of commercial underwriting experience, accounts receivable financing preferred
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Must be detail focused and well organized with the ability to multitask
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Good interpersonal and customer relations skills are required to deal with clients and department personnel
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Ability to proactively and confidently communicate verbally and in writing will all levels of management, clients and attorneys
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Ability to work independently and use independent judgment with minimal supervision
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Strong knowledge of Microsoft Office applications (specifically MS Excel) and ability...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
