CRE Portfolio Manager II: Growth & Risk Oversight

Wintrust Financial Corporation; Mokena (IL); On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

AD&D

Disability Insurance

Parental Leave

EAP

401(k) with company match

FSA

Employee Stock Purchase Plan

Critical Illness Insurance

Accident Insurance

Transportation and Commuting Benefits

Banking Benefits

Pet Insurance Compensation

Job summary

Wintrust Financial Corporation in Illinois seeks a Portfolio Manager II, CRE to manage a commercial real estate loan portfolio in a fast-paced, regulated environment. You will assess credit risk, prepare memos, and collaborate with relationship managers to close loans across multifamily, office, medical office, industrial, retail and self-storage assets.

Ideal candidates have 4+ years in CRE credit or commercial lending, strong analytical and writing skills, and solid knowledge of cash flow

Qualifications

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

Responsibilities

• Provide accurate financial analysis, profitability, and risk assessment for lending decisions on new, renewal, and extension loans across asset types.
• Create comprehensive opportunity memos and credit approvals with client background and market experience.
• Independently analyze credit and financial information to determine risk of credit extensions.
• Oversee documentation and ongoing monitoring of asset and client performance.
• Work with relationship managers to facilitate loan closings, modifications, and renewals.
• Proactively manage covenant compliance testing for existing and new clients.
• Review construction draws with loan administration, title company and borrower.
• Collaborate with internal and external partners on review of deal-related documents.
• Develop working knowledge of credit/loan policy for requests and exceptions.
• Review credit memorandums and attorney-prepared documents for compliance with approvals.
• Interact with lending staff, deal teams and clients in a welcoming, professional manner

Skills

Credit risk principles

Portfolio management

Commercial lending

Financial analysis

Analytical writing

Interpersonal skills

Education

Bachelor's degree in business/finance

Job description

Wintrust Financial Corporation in Illinois seeks a Portfolio Manager II, CRE to manage a commercial real estate loan portfolio in a fast-paced, regulated environment. You will assess credit risk, prepare memos, and collaborate with relationship managers to close loans across multifamily, office, medical office, industrial, retail and self-storage assets.

Ideal candidates have 4+ years in CRE credit or commercial lending, strong analytical and writing skills, and solid knowledge of cash flow