Portfolio Manager, Commercial Real Estate

Wintrust Bank • Chicago, IL

98d • $71,000 - $110,000

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.” The Commercial Real Estate Banking segment of the Commercial Bank provides customized and comprehensive solutions to create value and help meet the strategic priorities and evolving needs of our real estate clients and prospects - which include best-in-class national/regional developers, investors, and owners of non-owner-occupied real estate. Commercial Real Estate is seeking a Portfolio Manager who will learn the business trade and our relationships. The ideal candidate is self-motivated and can multi-task across job functions, various client needs and competing bank priorities. This person will report to the Senior Credit Officer.

Requirements

• 3+ years' commercial real estate/credit experience, with a working knowledge of banking environment, products and all supporting processes and technology
• Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, and banking policies/procedures
• Bachelor's degree (Business, Finance, Accounting or Economics preferred)
• Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
• 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

Responsibilities

• Underwrite existing portfolio credit approvals for renewals and other Credit requests pertaining to existing clients
• Underwrite opportunity memos and full credit approvals for new business clients
• Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
• Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis
• Develop a working knowledge of credit/loan policy for credit requests and exceptions
• Perform collateral analysis of current and prospective customers
• Actively participate in existing client and potential new client meetings/site visits with banking team
• Handle various aspects of a customer relationship except negotiations pertaining to pricing and loan structuring
• Maintenance of Annual Review form for multi-year CRE borrowing facilities for existing clients
• Work with external and internal business partners on review of deal related legal documents
• Ongoing monitoring, tracking, and management of the reporting requirement and loan documentation exception process
• Effective communication with Credit and Commercial Real Estate Banking Officers

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree