Portfolio Manager, Commercial Real Estate

Wintrust Financial Corporation; Chicago (IL); Hybrid; USD 71,000 - 110,000; Full time

Job summary

Wintrust Financial Corporation is seeking a Portfolio Manager in Commercial Real Estate. This role involves underwriting credit requests, analyzing risks, and maintaining client relationships, with a strong emphasis on teamwork and proactive management in a hybrid work environment.

Benefits

Medical Insurance

401(k) with company match

Flexible Spending Account

Parental Leave

Employee Stock Purchase Plan

Qualifications

• 3+ years’ experience in commercial real estate or credit.
• Strong understanding of credit and risk principles.
• Proficiency in Excel, Word, PowerPoint, and financial forecasting.

Responsibilities

• Underwrite portfolio credit approvals and credit requests.
• Analyze financial information to assess credit risk.
• Maintain communication with Credit Officers and manage loan documentation processes.

Skills

Analytical skills

Organizational skills

Interpersonal skills

Education

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

Tools

MS Office

Job description

Portfolio Manager, Commercial Real Estate page is loaded

Portfolio Manager, Commercial Real Estate

Apply locations Chicago, IL time type Full time posted on Posted 2 Days Ago job requisition id 251071

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 11 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 match and tuition reimbursement to name a few

• Family-friendly work hours

• Promote from within culture

What You'll Do

The Commercial Real Estate Banking segment of Wintrust provides customized and comprehensive solutions to create value and help meet the strategic priorities and evolving needs of our real estate clients and prospects which include best-in-class national/regional developers, investors, and owners of non-owner occupied real estate. The Commercial Real Estate Team is seeking a Portfolio Manager who will learn the business trade and our relationships.The ideal candidate is self-motivated and can multi-task across job functions, various client needs and competing bank priorities.

• Underwrite existing portfolio credit approvals for renewals and other Credit requests pertaining to existing clients

• Underwrite opportunity memos and full credit approvals for new business clients

• Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit

• Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis

• Develop a working knowledge of credit/loan policy for credit requests and exceptions

• Perform collateral analysis of current and prospective customers

• Actively participate in existing client and potential new client meetings/site visits with banking team

• Maintain Annual Review form for multi-year CRE borrowing facilities for existing clients

• Work with external and internal business partners on review of deal related legal documents

• Monitor, track, and manage the reporting requirement exception and loan documentation processes

• Maintain effective communication with Credit and Commercial Real Estate Banking Officers

Qualifications:

• 3+ years’ commercial real estate/credit experience

• Bachelor’s degree (Business, Finance, Accounting or Economics preferred)

• Strong understanding of general credit and risk principles, and banking policies/procedures; formal bank credit training is preferred

• Working knowledge of banking environment, products and all supporting processes and technology

• Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow

• Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models

• 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

Compensation

The estimated salary range for this role is $71,000 - $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.

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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.