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 Commercial Credit Portfolio Manager supports the Government, Non-Profit, Healthcare & Education team by managing a number of non-profit credits ranging from $5M to $70MM in global exposure on a daily basis. In this role, you will evaluate nonprofit banking loan requests with revenues typically between $5M to $1B using a thorough knowledge of loan policy, guidelines, and procedures.
What Youll Do
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Communicate with and effectively interact with all levels of management, including lending personnel
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Analyze the financial condition of existing and prospective bank customers; accurately review financial statements submitted by applicants and evaluate a borrowers ability to repay
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Recognize trends, positive or negative, impacting risk to repayment, the Banks collateral position or ability of the business to satisfactorily operate
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Recommend risk rating adjustments, higher or lower, supported by changes in the borrowers financial condition, collateral or other factors impacting the credits risk
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Analyze industries and has a thorough knowledge of the risks associated with those industries. Assess the risks inherent in each industry and suggests appropriate financing structures accordingly
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Maintain tickler system for accurate tracking and reporting of borrower required reporting including financial statements, covenants, etc.
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Make sound credit decisions based on accurate analysis of information provided with loan requests
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Seek alternative means of financing or counter offers for all borrowers, if appropriate, when it is determined that the original request cannot be accommodated
Qualifications
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Bachelors Degree in finance, accounting, or economics (preferred)
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6+ years relevant experience managing commercial loan accounts
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Experience in identifying documentation risks,...
Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity
