Senior Vice President of Credit Operations

2 weeks ago


Northbrook, Illinois, United States Wintrust Financial Full time
{"title": "SVP Head of Credit Department", "description": "Key Responsibilities

Develop and administer underwriting guidelines that balance risk and profit strategies.

Monitor market conditions and adjust strategies accordingly.

Provide approval rates, terms, and exposures on loan proposals.

Coordinate and manage business flow with the inside sales department.

Recommend rates, terms, and exposure on quotes for loans above set quoting authority to reduce time spent by senior executives making assessments in a way that improves profit and mitigates risk.

Assist Inside Sales staff with complex math, financial statement, and knowledge questions, technical questions, and insurance knowledge.

Participate in team discussions and understand the inside sales process.

Manage and develop the credit team and foster a culture of continuous learning and professional development.

Evaluate efficiencies within the department to identify and recommend areas for improvement in close collaboration with other departments.

", "requirements": "Requirements
  • 10+ years of experience in a leadership position within the credit department of a financial institution or finance company.
  • Active Insurance License preferred or advanced knowledge of insurance policy language & terms.
  • Undergraduate degree in economics, finance, or accounting preferred or commensurate experience.
  • 20% travel time may be required for conferences and meetings with West and East coast offices.
  • Minimum of three days per week in the Northbrook, IL office.
", "benefits": "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
", "company": "Wintrust Financial Corporation"}

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