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Commercial Banking Credit Portfolio Manager (Government, Non-Profit, Healthcare & Education)

Employer
Wintrust Financial
Location
Chicago, USA
Salary
Competitive
Closing date
Apr 18, 2024

View more

Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
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 match 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 Commercial Banking 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 You'll Do
  • Communicate with and effectively interact with all levels of management, including lending personnel
  • Analyze the financial condition of existing and prospective bank customers; accurately review financial statements submitted by applicants and evaluate a borrower's ability to repay
  • Recognize trends, positive or negative, impacting risk to repayment, the Bank's collateral position or ability of the business to satisfactorily operate
  • Recommend risk rating adjustments, higher or lower, supported by changes in the borrower's financial condition, collateral or other factors impacting the credit's risk
  • 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
  • Maintain tickler system for accurate tracking and reporting of borrower required reporting including financial statements, covenants, etc.
  • Make sound credit decisions based on accurate analysis of information provided with loan requests
  • 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
  • Bachelor's Degree in finance, accounting, or economics (preferred)
  • 6+ years relevant experience managing commercial loan accounts
  • Experience in identifying documentation risks, addresses, and/or negotiating to resolution with the ability to determine went to elevate risk situations to appropriate individuals
  • Effective time management skills with the ability to balance multiple priorities
  • Strong executive presence and presentation skills
  • Proficiency in MS Office

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

#LI - ONSITE

#LI - AC1

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 Chicago's 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 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

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