Portfolio Manager II - Construction, Engineering & Architecture

Wintrust Financial Corporation; California; Presencial; USD 85 000 - 110 000; Tempo integral

Vantagens oferecidas por esta oferta de emprego

Medical Insurance

Dental

Vision

Life insurance

401(k) with company match

Tuition reimbursement

Parental Leave

Employee Assistance Program (EAP)

Resumo da oferta

Wintrust Financial Corporation in the United States seeks a Portfolio Manager II to support the Construction, Engineering and Architecture Commercial Banking team. You will analyze financial statements and underwrite commercial loans for a growing portfolio, serving as a client contact and coordinating with relationship managers.

The role requires 4+ years in financial services, strong credit knowledge, and proficiency in MS Office and forecasting tools.

Qualificações

• Bachelor's degree in business, finance, economics or accounting required.
• Minimum 4 years’ financial services industry experience with banking knowledge and credit background.
• Strong understanding of credit risk principles, policies and procedures.
• Proficiency with MS Office and financial forecasting tools.
• Excellent written and verbal communication skills and ability to work in a team.

Responsabilidades

• Manage an assigned portfolio of commercial customers with the relationship manager.
• Structure and underwrite complex commercial loan transactions in your portfolio and for new business.
• Prepare credit packages for annual reviews, renewals, and new loan requests.
• Provide reporting support for portfolio management (delinquency, problem loans, etc.).
• Coordinate collection of financial statements, covenants, and other loan documents.

Conhecimentos

Financial analysis

Client relationship management

Communication skills

Attention to detail

Formação académica

Bachelor's degree in business, finance, economics or accounting

Ferramentas

MS Excel

MS Word

MS PowerPoint

Financial forecast models

Descrição da oferta de emprego

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 match and tuition reimbursement to name a few Family-friendly work hours Promote from within culture

Portfolio Manager, II

This Portfolio Manager, II supports the rapidly growing Construction, Engineering, & Architecture Commercial Banking team. The Portfolio Manager analyzes commercial business financial statements and calculates critical credit metrics such as cash flow, leverage, working capital, and collateral coverage. In this role, you will be responsible for underwriting and obtaining commercial loan approvals for this specialized team. The Portfolio Manager will be a point of contact for client relations and will be responsible for client interaction.

What You'll Do

• Manage an assigned portfolio of commercial customers in partnership with the relationship manager
• Structure and underwrite complex commercial loan transactions in your assigned portfolio and for new business transactions
• Prepare credit packages for annual reviews, renewals, new loan requests, portfolio reviews and criticized asset reviews
• Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.)
• Coordinate collection and review of financial statements, covenant compliance certificates, borrowing bases, and other required reporting documents to comply with loan agreement 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
• 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 from an accredited institution with a business, finance, economics or accounting major
• Minimum 4 years’ financial services industry experience, with a working knowledge of banking environment, products and all supporting processes and technology; prior commercial credit experience highly preferred
• Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures
• Thorough understanding of risks (market, rate, leverage, etc.) as it applies to the commercial lending process
• Understanding of commercial lending policies and procedures along with the knowledge of loan agreement, loan structuring, and collateral 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 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.

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.