Portfolio Manager II, Franchise Finance

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

Benefits offered by this job

Medical Insurance

Dental

Vision

Life insurance

Disability Insurance

Parental Leave

401(k) with company match

FSA

Employee Stock Purchase Plan

Job summary

Wintrust Financial Corp. seeks a Portfolio Manager II to support the Franchise Finance Group by underwriting credit requests, analyzing borrower financials, and presenting credit summaries for approval.

You will liaise with deal teams to ensure timely tracking, due diligence, and compliant loan documentation. The role requires a Bachelor’s degree in finance or accounting and 3+ years in Franchise Finance, with strong analytical skills and proficiency in Excel.

Qualifications

• Bachelor’s degree in finance, accounting, or related area of study.
• 3+ years of Franchise Finance experience required.
• Strong understanding of risk management and credit mitigants.
• Strong analytical and financial modeling ability.
• Proficient in Microsoft Office with advanced Excel modeling.

Responsibilities

• Underwrite credit requests.
• Prepare, review and present credit summaries for approval; collect, spread, analyze, and maintain financial statements.
• Support loan documentation, due diligence, and closing efforts.
• Participate in opportunity assessment and prospecting process.
• Prepare borrower, brand and portfolio reviews; test and monitor financial covenants; maintain timely risk ratings.
• Train in negotiating loan documentation and syndicated loans; comply with bank policies and regulations; perform other duties as required.

Skills

Risk management

Credit analysis

Financial modeling

Analytical skills

Client service

Education

Bachelor’s degree in finance, accounting, or related area

Tools

Microsoft Office

Job description

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

The Portfolio Manager II supports the Franchise Finance Group by gathering, analyzing, and presenting business and personal financial data collected for the purpose of issuing, amending, extending, renewing, monitoring and testing commercial credit facilities, in the franchise finance space. In collaboration with internal and external deal team members the Employee will participate in all aspects of the Borrower relationship, including initial screening, underwriting and on-going portfolio management. The Employee is expected to liaise between all parties to ensure timely and efficient tracking and analysis that meets the expectations of the Borrowers, Lenders and Administration Teams.

What You'll Do

Underwrite credit requests

Prepare, review and present credit summaries for approval; Collect, spread, analyze, and maintain financial statements; Support loan documentation, due diligence, and closing efforts; Participate in opportunity assessment and prospecting process; Prepare borrower, brand and portfolio reviews; Test and monitor financial covenants consistent with loan requirements; Maintain timely and accurate risk ratings; Train in negotiating loan documentation Train in negotiating syndicated loans and communicating with loan syndicate Comply with all bank policies and procedures as well as applicable state and federal regulations and complete all required compliance training in a timely manner Performs other duties as required

Qualifications

Bachelor’s degree in finance, accounting, or related area of study 3 + years of Franchise Finance Experience Required Knowledge, Skills and Abilities Strong understanding of risk management and credit mitigants Knowledge risk ratings analysis, corporate finance and/or research Strong analytical and financial modeling ability Critical thinking skills Strong client service skills Strong organizational skills Strong verbal and written communication skill Strong relationship building skills Proficiency using Microsoft Office software products including advanced Excel modeling skills

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 $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. 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.