VP, Assistant General Counsel - Commercial Lending
About The Position
Wintrust is seeking an experienced lawyer prepared to take on new challenges in a growing organization. This role will provide day-to-day legal transactional support to bankers, loan operations, credit teams, and external counsel with respect to documenting and structuring commercial lending transactions/products. The position involves monitoring industry trends and legal/regulatory developments impacting commercial lending, advising on loan documentation, and managing form loan documentation libraries. It also includes support for capital markets, Wintrust as a borrower, treasury management functions, loan workouts, M&A activity, and collaboration with Compliance and Risk departments. The role also requires reviewing legal due diligence materials and partnership agreements for CRA lending.
Requirements
- JD degree from an accredited law school
- License to practice law in Illinois
- 7 + years of relevant in-house or law firm experience, in financial services, specifically commercial lending
Responsibilities
- Provide day-to-day legal transactional support to bankers, loan operations, credit teams and external counsel with respect to documenting and structuring commercial lending transactions / products.
- Monitor and keep current on industry trends and legal / regulatory developments impacting commercial lending generally.
- Advise and assist centralized loan operations with standardization and negotiation of internally prepared loan documentation.
- Prepare, maintain and manage up to date form loan documentation libraries and requirements for use internally and by external counsel.
- Support for: capital markets team with respect to syndicated facilities and loan assignments/participations; transactions where Wintrust is the borrower; and certain treasury management functions.
- Assist with loan workouts, including negotiation of forbearance agreements, and M&A activity relating to portfolio loan purchases and sales.
- Work with Compliance, Risk, and other relevant internal stakeholders to ensure company policies & requirements are being addressed.
- Review legal due diligence materials as needed by bankers and credit teams.
- Assist credit team in reviewing partnership agreements relating to CRA lending based investments.
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
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement
- Family-friendly work hours
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Ph.D. or professional degree
