Portfolio Manager, Community Development & Impact Investing

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

Benefits offered by this job

Medical Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) with company match

Parental Leave

EAP

Job summary

Wintrust Financial Corporation seeks a Portfolio Manager II – Community Development to manage and advance the Bank's community development investments, including LIHTC and NMTC programs, CDFIs, and SBIC funds.

You will analyze opportunities, prepare comprehensive packages, monitor portfolios, and collaborate with partners to ensure compliant, impactful investments that drive housing and economic development.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or Economics.
• Strong understanding of credit, risk principles, and banking policies.
• Minimum 3 years in commercial real estate credit or related fields.
• Working knowledge of LIHTC, NMTC, CDFIs, or affordable housing finance.
• Strong analytical and business writing skills.
• Strong organizational skills with ability to manage multiple transactions.
• Good interpersonal skills with internal partners and clients.
• Accounting and finance knowledge; understanding real estate fundamentals.

Responsibilities

• Underwrite and analyze community development investment opportunities, including LIHTC funds, NMTC investments, CDFI pools, EQ2 investments, SBIC funds, and other mission-driven investments.
• Perform detailed financial, credit, and risk analysis of fund managers, syndicators, developers, sponsors, and underlying assets to assess investment viability and risks.
• Prepare investment opportunity and credit approval packages detailing structure, qualifications, performance, risks, impact, and rationale.
• Analyze credit and financial information of properties and individuals to determine risk level of credit extensions.
• Complete annual reviews, portfolio monitoring, risk ratings, and covenant analyses for existing investments.
• Oversee documentation and ongoing monitoring of asset and client performance.
• Review partnership agreements, operating agreements, subscription documents, fund documents, and closing documents.
• Review credit approval memorandums and closing documents for compliance with approvals.
• Interact with lending and investment staff, deal teams, and clients professionally.

Skills

Analytical thinking

Business writing

Organizational skills

Interpersonal skills

Real estate finance knowledge

Education

Bachelor's degree in Business/Finance/Accounting/Economics

Job description

Wintrust Financial Corporation seeks a Portfolio Manager II – Community Development to manage and advance the Bank's community development investments, including LIHTC and NMTC programs, CDFIs, and SBIC funds.

You will analyze opportunities, prepare comprehensive packages, monitor portfolios, and collaborate with partners to ensure compliant, impactful investments that drive housing and economic development.