Senior Commercial Portfolio Manager

2 weeks ago


Schiller Park, Illinois, United States Wintrust Financial Full time
Company Overview
Wintrust is a prominent financial holding entity with approximately $50 billion in assets under management, publicly traded on NASDAQ under the ticker WTFC.

Our Model
Emphasizing the "HAVE IT ALL" philosophy, Wintrust combines advanced technology and the resources of a large banking institution while prioritizing service-oriented community banking for every client.

Our Operations
Wintrust encompasses fifteen community bank subsidiaries, boasting over 170 banking locations across the greater Chicago and southern Wisconsin regions. Additionally, we manage various non-banking units that include:
  • Commercial and life insurance premium financing
  • Short-term accounts receivable financing
  • Out-sourced administrative services
  • Mortgage origination and purchase
  • Wealth management services
  • Qualified intermediary services for tax-deferred exchanges

Why Work with Us?
We take pride in our award-winning culture, recognized as a Top Workplace by the Chicago Tribune for the past decade and receiving the Employee Recommended award from the Globe & Mail for six consecutive years.

Compensation and Benefits
We offer competitive salaries along with annual discretionary bonuses. Our comprehensive benefits package includes:
  • Medical, dental, and vision insurance
  • Life insurance
  • A 401(k) plan with generous company matching
  • Tuition reimbursement
  • Family-friendly work hours

Role Overview
The Senior Portfolio Manager will play a crucial role in supporting the Middle Market Commercial Banking team. This position involves analyzing financial statements of commercial businesses with revenues ranging from $20 million to $500 million, and calculating essential credit metrics such as cash flow, leverage, working capital, and collateral coverage.

Key Responsibilities
  • Manage a designated portfolio of commercial clients in collaboration with the relationship manager.
  • Oversee reporting for portfolio management, including delinquency, problem loans, and exceptions.
  • Coordinate the collection and review of financial statements, tax returns, and compliance certificates.
  • Monitor the portfolio for early warning signs of financial distress and collaborate with borrowers to mitigate risks.
  • Prepare credit packages for annual reviews, renewals, and loan requests.
  • Structure and underwrite complex commercial loan transactions.
  • Provide credit recommendations to the appropriate credit administration level.
  • Review and negotiate loan documentation in consultation with legal counsel.
  • Serve as a point of contact for internal audits and compliance reviews.

Qualifications
  • Bachelor's degree in business administration, finance, accounting, or a related field.
  • A minimum of 7 years of commercial credit experience, preferably in corporate banking, middle market, or CRE.
  • In-depth understanding of risk management and credit mitigants.
  • Strong analytical and financial modeling skills.
  • Exceptional verbal and written communication abilities.
  • Proficient in Microsoft Office, particularly advanced Excel skills.

Benefits
We offer a robust benefits package that includes:
  • Medical, dental, and vision insurance
  • Life insurance
  • 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 a 5% discount
  • Critical illness and accident insurance
  • Transportation and commuting benefits
  • Banking benefits
  • Pet insurance

Wintrust Financial Corporation is committed to diversity and inclusion in the workplace, ensuring equal opportunity for all applicants.

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