AVP, Special Assets Portfolio Manager

4 days ago


Harwood Heights, Illinois, United States Wintrust Financial Full time
Job Summary

We are seeking a highly skilled AVP, Special Assets Portfolio Manager to join our team at Wintrust Financial. As a key member of our commercial lending team, you will be responsible for managing a portfolio of problem commercial loans and working with clients to determine an appropriate course of action to mitigate risk and drive highest recovery results.

Key Responsibilities
  • Manage assigned portfolio of distressed loans, conducting in-depth analysis into lending relationships to formulate and propose an appropriate course of action.
  • Meet with borrowers to negotiate terms for restructure or settlement, and 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.
  • 3+ 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
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • 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

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