Division Lead Portfolio Management, Business Banking

Wintrust Financial Corporation•Holland, MI

2d•$117,000 - $158,000

About The Position

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 The Division Lead, Portfolio Management, Business Banking manages the administration of a sizable business banking portfolio and supports business banking teams within the Michigan Hub through the supervision of Credit Analysts, Portfolio Managers and a loan administration team. This role serves as an additional point of contact, maintaining a high level of client responsiveness, directly interfacing with clients to proactively identify and mitigate credit risk.

Requirements

Bachelor's degree in business, finance or accounting; Master’s degree preferred
Formal credit training from a respected bank, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures
10+ years' financial services experience with a working knowledge of the banking environment, products and all supporting processes and technology; commercial credit experience highly preferred
Prior experience managing a team preferred but not required
Excellent verbal and written communications skills
Strong analytical, organizational and time management skills
Proven ability to manage tasks in a timely and efficient manner
Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment

Responsibilities

Assess deal strengths and weaknesses and risk factors.
Evaluate and establish risk ratings for transactions and correlates exposure levels as a part of the client strategy discussion.
Complete and coordinate memos using aforementioned process and materials.
Collaborate with bankers, internal staff, and bank attorney regarding loan documentation and closing process for new and amended credit facilities, including waivers and modifications.
Help ensure loan documentation complies with loan approvals.
Interface with loan operations team regarding booking of new and amended deals, waivers and modifications, providing all necessary documentation to complete closing process.
Monitor tickler and exception reports to manage flow of financial reporting and client compliance with covenants for the Michigan Hub.
Prepare internal and external regulatory exam responses.
Respond to examiner questions and requests for information regarding assigned portfolio.
Assist in cross selling efforts and participates in special projects.
Work closely with and provides guidance to Credit Analysts.
Train, mentor, and develop other Portfolio Managers and Analysts and other junior members of the team.
Help drive and support innovation and continuous efficiency improvements.
Performs other related duties as required.