CRE Portfolio Manager II – Commercial Real Estate Banking

Wintrust Financial Corporation; Illinois; On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Annual discretionary bonus

Comprehensive benefits package

Tuition reimbursement

Job summary

Wintrust Financial Corporation in Rosemont, IL, seeks a Portfolio Manager II, CRE to manage a portfolio of commercial real estate credits and relationships in a regulated, fast-paced environment. The role requires initiative, strong analytical and writing skills, and the ability to multi-task across client needs and bank priorities.

The position involves independent credit analysis, client coordination, covenant monitoring, and collaboration with loan administration to close and renew loans,

Qualifications

• Bachelor's degree in Business, Finance, Accounting, or Economics.
• Strong understanding of general credit and risk principles, and banking policies/procedures; formal bank credit training is preferred
• Minimum 4 years' commercial real estate credit, portfolio management and/or commercial lending experience
• Strong analytical and business writing skills
• Experience with cash flow modeling, lease abstracting and financial statement analysis
• Good interpersonal skills with internal partners, counsel, clients and senior management
• Accounting and finance knowledge, as well as knowledge of real estate fundamentals and concepts

Responsibilities

• Provide accurate financial analysis, profitability, and risk assessment to make lending decisions on new, renewal, and extension loans for the following asset types: multifamily, office, medical office, industrial, retail, and self-storage
• Create comprehensive, detailed, and thoughtful opportunity memos and full credit approvals for new business clients which will include client and sponsors' background, history, market experience and global real estate portfolio
• Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
• Oversee documentation and ongoing monitoring of asset and client performance
• Work with relationship managers and loan administration to facilitate loan closings, modifications, and renewals
• Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis
• Review and process construction draws in conjunction with the construction loan administration department, title company and borrower
• Work with external and internal business partners on review of deal related legal documents
• Develop a working knowledge of credit/loan policy for credit requests and exceptions
• Review credit approval memorandums and attorney-prepared loan documents for new and renewed loans to ensure compliance and adherence to the loan approval guidelines
• Interact with lending staff, deal teams and clients in a welcoming and professional manner

Skills

Analytical skills

Business writing

Interpersonal skills

Cash flow modeling

Lease abstracting

Financial statement analysis

Education

Bachelor's degree in Business, Finance, Accounting, or Economics

Job description

Wintrust Financial Corporation in Rosemont, IL, seeks a Portfolio Manager II, CRE to manage a portfolio of commercial real estate credits and relationships in a regulated, fast-paced environment. The role requires initiative, strong analytical and writing skills, and the ability to multi-task across client needs and bank priorities.

The position involves independent credit analysis, client coordination, covenant monitoring, and collaboration with loan administration to close and renew loans,