Portfolio Manager, Commercial

Wintrust Financial Corporation•Holland, MI

1d•$85,000 - $110,000

About The Position

The Portfolio Manager, Commercial supports Wintrust’s rapidly growing Middle Market Commercial Banking team. The role serves as a point of contact for client relations and client interaction, and manages an assigned portfolio in partnership with relationship managers. The Portfolio Manager analyzes commercial business financial statements for companies with revenue ranging from $20 million to $500 million and calculates key credit metrics, including cash flow, leverage, working capital, and collateral coverage. The position also supports portfolio oversight and reporting, monitors borrowers for emerging financial weakness or other risks, and helps develop mitigation plans or transfer accounts to the Special Assets Group when appropriate. It involves preparing credit packages, structuring and underwriting commercial loans, making credit recommendations, reviewing and negotiating loan documentation, and supporting audits and regulatory reviews. The role requires compliance with bank policies and applicable state and federal regulations.

Requirements

Bachelor’s degree from an accredited institution with a major in business, finance, economics, or accounting.
At least 4 years of financial services industry experience.
Working knowledge of the banking environment, products, and supporting processes and technology.
Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures.
Thorough understanding of risks—including market, rate, and leverage risks—as they apply to lending.
Understanding of commercial lending policies and procedures, loan agreements, loan structuring, and collateral procedures.
Proficiency in MS Office, including Excel, Word, and PowerPoint, and financial forecast models.
Excellent oral and written communication skills.
Strong analytical and organizational skills, including the ability to proactively manage and prioritize workflow.
Strong interpersonal skills and a demonstrated ability to establish client relationships and work within a team environment.

Nice To Haves

Prior commercial credit experience is highly preferred.
Formal bank credit training is preferred.

Responsibilities

Manage an assigned portfolio of commercial customers in partnership with the relationship manager.
Provide support and oversight for portfolio-management reporting, including delinquency, problem loans, exceptions, and tickler tracking, as designated by the CCO.
Coordinate collection and review of financial statements, tax returns, covenant compliance certificates, and/or borrowing bases to meet customer reporting requirements.
Monitor the assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute appropriate mitigation plans and/or transfer accounts to the Special Assets Group.
Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews, and criticized asset reviews.
Structure and underwrite complex commercial loan transactions in an assigned portfolio and new-business transactions.
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 a contact for and provide support and responses to internal audits, loan review, compliance reviews, and regulatory exams for the bank.
Comply with bank policies and procedures and applicable state and federal regulations.