Portfolio Manager, Commercial

Lake Forest Bank & Trust Company, N.A.; Lake Forest (IL); In loco; USD 85.000 - 110.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical Insurance

Dental

Vision

Life insurance

401(k) with company match

FSA

Employee Stock Purchase Plan

Descrizione del lavoro

Wintrust Financial Corp. is seeking a Portfolio Manager, Commercial to support the Middle Market Commercial Banking team.

You will analyze financial statements and credit metrics for portfolios ranging from $20M to $500M in revenue, supporting relationship managers and ensuring risk controls. You will structure and underwrite loans, provide credit recommendations, and coordinate documentation and reporting.

Competenze

• Bachelor’s degree in business, finance, accounting, or related discipline.
• Minimum 4 years’ commercial credit experience in corporate banking, middle market or CRE; leveraged lending preferred.
• Proficiency in MS Office (Excel, Word, PowerPoint) and financial forecast models.

Mansioni

• Manage an assigned portfolio of commercial customers in partnership with the relationship manager.
• Provide oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking).
• Coordinate collection and review of financial statements, tax returns, and covenants to comply with reporting requirements.
• Monitor portfolio for early warning signs of financial weakness and develop mitigation plans.
• Prepare credit packages for annual reviews, renewals, and loan requests.
• Structure and underwrite complex commercial loan transactions in assigned portfolio.
• Provide credit recommendations to credit administration.
• Review and negotiate loan documentation with legal counsel and ensure proper closings.
• Support internal audits, loan reviews, and regulatory exams.

Conoscenze

Excellent oral and written comms

Analytical skills

Interpersonal skills

Organizational skills

Formazione

Bachelor’s degree in business administration/finance/accounting

Strumenti

MS Office

Financial forecast models

Descrizione del lavoro

Wintrust provides community and commercial banking, specialty finance and wealth management services through its 16 bank charters and nine non-bank businesses. Wintrust delivers the sophisticated solutions of a large bank while staying true to the relationship-focused, personalized service of our community banking roots. We serve clients in all 50 states with more than 200 branch banking locations in Illinois, southwestern Florida, northwestern Indiana, west Michigan and southern Wisconsin and commercial banking offices in Chicago, Denver, Milwaukee, Grand Rapids, Mich., and in key branch banking locations throughout Illinois. Our people are the heart of our business and we are proud to rank consistently as a top place to work. Wintrust is a $66 billion financial institution based in Rosemont, Illinois, and listed on the NASDAQ Global Select Market under the symbol "WTFC".

Why join us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and annual discretionary bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company matches and tuition reimbursement to name a few Family-friendly work hours Promote from within culture

The Portfolio Manager, Commercial supports the Middle Market Commercial Banking team, analyzing commercial business financial statements ranging from $20MM to $500M in revenue and calculating critical credit metrics such as cash flow, leverage, working capital, and collateral coverage.

What You’ll Do

• Manage an assigned portfolio of commercial customers in partnership with the relationship manager
• Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.) as designated by the CCO
• Coordinate collection and review of financial statements, tax returns, covenant compliance certificates, and/or borrowing bases to comply with customers’ reporting requirements
• Monitor assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute an appropriate plan to mitigate risk and/or transfer to Special Assets Group
• Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews and criticized asset reviews
• Structure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactions
• Provide credit recommendations to the appropriate level of credit administration
• Review and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closed
• Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank
• Comply with all bank policies and procedures as well as applicable state and federal regulations

Qualifications

• Bachelor’s degree in business administration, finance, accounting, or related discipline
• Minimum 4 years’ commercial credit experience including experience in one of the following sectors: corporate banking, middle market or CRE; leveraged lending experience preferred
• Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures
• Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
• Excellent oral and written communications skills
• Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow
• Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment

Benefits

• 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

The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate’s qualifications, skills and experience.

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success.

Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.

Wintrust may collect personal information from you in connection with the application process. Wintrust complies with the California Consumer Privacy Act of 2018, and its policy may be found here Click here for Equal Opportunities.

Wintrust provides community and commercial banking, specialty finance and wealth management services, delivering the sophisticated solutions of a large bank through a relationship-focused approach built from our community banking roots.