VP, Special Assets Portfolio Manager

2 weeks ago


River Forest, Illinois, United States Wintrust Financial Full time
VP, Special Assets Job Description

Wintrust Financial is seeking a highly skilled VP, Special Assets to manage a portfolio of problem commercial loans. As a key member of our team, you will play a vital role in mitigating risk and driving recovery results.

Key Responsibilities:
  • Manage a portfolio of distressed loans, conducting in-depth analysis to determine the best course of action.
  • Negotiate with borrowers to restructure or settle loans, and perform site visits to inspect collateral.
  • Interact with Wintrust charter banks and niche groups to identify and assign problem loans for active management.
  • Enforce bank's legal rights and remedies, working with outside counsel and third-party professionals as necessary.
  • 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 offers a comprehensive benefits package, including medical, dental, vision, life insurance, and a 401(k) plan with company match. We also offer flexible spending accounts, employee assistance programs, and more.

Wintrust Financial is an Equal Opportunity Employer and welcomes applications from diverse candidates. We are committed to creating an inclusive work environment that reflects the diversity of our communities.



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