Senior Asset-Based Lending Portfolio Manager

6 days ago


Chicago, Illinois, United States Wintrust Financial Full time

Wintrust Financial is a leading financial holding company with approximately $62 billion in assets. Guided by its commitment to delivering exceptional results, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer.

The company operates more than 200 retail banking locations through 16 community bank subsidiaries in key market areas. In addition, Wintrust has various non-bank business units, including residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services, and qualified intermediary services for tax-deferred exchanges.

A competitive strength and value driver, Wintrust's unique business model is powered by talented colleagues who put customers first and achieve better results for clients.

Why Join Us?

We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years). Our award-winning culture is built on:

  • Competitive pay and annual discretionary bonus eligible
  • Comprehensive benefit package, including medical, dental, vision, life, a 401(k) plan with generous company matches, and tuition reimbursement
  • Family-friendly work hours
  • Promote from within culture
About the Role

The ABL Collateral Analyst manages all daily collateral and loan analysis for assigned clients. Key responsibilities include:

  • Serving as primary borrower contact for collateral operations, in conjunction with the Account Manager
  • Reviewing, analyzing, and reconciling borrowing base certificates and supporting documentation to confirm collateral value
  • CALCULATING INELIGIBLE COLLATERAL AND COMPARING TO CLIENT CALCULATION, AS WELL AS IDENTIFYING COLLATERAL THAT MAY NOT BE ELIGIBLE FOR LENDING ($70,000 - $90,000 per year estimated salary)
  • Posting collateral information from borrower reports to the loan system, ensuring proper client data storage
  • Managing accounts consistent with Bank approvals and Loan & Security Agreement
  • Advising the Account Manager on reporting inadequacies and problems, working with borrowers to resolve issues under their direction
  • Monitoring and updating ticklers, ensuring compliance with collateral reporting requirements
  • Maintaining effective communication with the Account Manager on assigned accounts, alerting them to unusual trends observed during routine duties
  • Maintaining professional and courteous manner with all borrowers, assisting with questions and resolving problems promptly
  • Adhering to Bank Compliance policies and procedures
Qualifications

To be successful in this role, you will need:

  • Associate or Bachelor's degree in accounting or related field
  • 5+ years' banking or asset-based lending operations experience
  • Detail-focused and well-organized with ability to multitask
  • BASIC UNDERSTANDING OF LOAN DOCUMENTATION
  • Good interpersonal and customer relations skills for dealing with clients and account managers
  • Proactive and confident communication skills (verbal and written) for interacting with senior management, clients, attorneys, etc.
  • Ability to work independently and use independent judgment with minimal supervision
  • Strong knowledge of Microsoft Office applications (specifically MS Excel) along with ability to pick up new systems quickly
Benefits

At Wintrust Financial, we offer a comprehensive benefits package, including:

  • 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

Wintrust Financial Corporation is an Equal Opportunity Employer. We welcome applicants from diverse backgrounds and perspectives. If you are passionate about delivering exceptional results and building a rewarding career, join our team today



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