Factoring Portfolio Manager, Team Lead - 241289

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?

• 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)

• Competitive pay and annual discretionary bonus eligible

• Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company matches and tuition reimbursement to name a few

• Family-friendly work hours

• With 175+ community bank locations, we offer opportunities to grow and develop in your career

• Promote from within culture

The Factoring Portfolio Manager, Team Lead oversees a team of individuals responsible for the Wintrust Receivables Finance (WRF) portfolio. In this role, the Team Lead manages credit requirements for both the client and account debtors.

What Youll Do

• Build and develop a s strong team through training and workflow supervision

• Develop and maintain strong client relationships

• Work closely with Factoring Portfolio Managers and the WRF Credit Officer to ensure timely credit approvals

• Ensure all WRF and Wintrust Bank polies and procedures are followed

Qualifications

• Bachelors degree in business, finance, or accounting

• Minimum 10 years financial services experience in factoring or asset based lending

• Strong understanding of general credit and risk principles, mitigates, and banking policies and procedures

• Excellent verbal and written communication skills along with strong analytical, organization, and time management abilities

• Strong interpersonal skills used within a team environment and in client interaction

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

#LIAC1

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 be Chicagos Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. Wintrust...

Equal Opportunity Employer - minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity