Senior Portfolio Manager

2 weeks ago


Elmwood Park, Illinois, United States Wintrust Financial Full time

About the Role

The Senior Portfolio Manager manages a portfolio of problem commercial loans comprised of C&I and CRE credits. In this role, you will play a vital role in mitigating the Bank's risk by working with clients to determine an appropriate course of action, driving highest recovery results.

Key Responsibilities

  • Manage assigned portfolio of distressed loans
  • Conduct in-depth analysis into lending relationships in order to formulate and propose an appropriate course of action
  • Meet with borrowers to negotiate terms for restructure or settlement; perform site visits to inspect collateral
  • Interact with Wintrust charter banks and niche groups as problem loans are identified and assigned for active management in MAD
  • Enforce bank's legal rights and remedies working directly with outside counsel and third-party professionals as necessary in litigation
  • Collect past due accounts, restructure workable credits, and liquidate collateral as warranted

Requirements

  • Bachelor's degree in business, finance, economics, or related major
  • 7+ years' commercial experience including origination and/or workout experience with C&I or CRE loans
  • Knowledge of commercial fundamentals across all asset types
  • Demonstrate proficiency in portfolio management and monitoring, negotiating, and litigation management
  • Strong verbal and written communication skills
  • Excellent analytical and organizational skills
  • Ability to take initiative and willingness to be flexible and accommodate changing demands

Benefits

Wintrust Financial Corporation offers a comprehensive benefits package, including medical, dental, vision, life insurance, accidental death and dismemberment, short-term and long-term disability insurance, parental leave, employee assistance program, traditional and Roth 401(k) with company match, flexible spending account, employee stock purchase plan, critical illness insurance, accident insurance, transportation and commuting benefits, banking benefits, and pet insurance.

Wintrust Financial Corporation is an Equal Opportunity Employer and welcomes applications from diverse candidates.



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