Portfolio Manager, Commercial

Wintrust • Lake Forest, IL

3d

About The Position

The Portfolio Manager, Commercial supports the Middle Market Commercial Banking team by analyzing commercial business financial statements for companies with revenues ranging from $20 million to $500 million and calculating credit metrics such as cash flow, leverage, working capital, and collateral coverage. The role manages an assigned portfolio in partnership with relationship managers, serves as a point of contact for client relations, and maintains a high level of client responsiveness. It also supports portfolio reporting and oversight, monitors credit risk, prepares credit packages, and structures and underwrites commercial loan transactions.

Requirements

• Bachelor’s degree in business administration, finance, accounting, or a related discipline.
• Minimum of 4 years of commercial credit experience, including experience in corporate banking, middle market, or commercial real estate (CRE).
• Strong understanding of general credit and risk principles, mitigants, and banking policies and procedures.
• Proficiency in Microsoft Office, including Excel, Word, and PowerPoint, and financial forecast models.
• Excellent oral and written communication skills.
• Strong analytical and organizational skills, with the ability to proactively manage and prioritize workflow.
• Strong interpersonal skills and a proven ability to establish client relationships and work within a team environment.

Nice To Haves

• Leveraged lending experience preferred.
• Formal bank credit training preferred.

Responsibilities

• Manage an assigned portfolio of commercial customers in partnership with the relationship manager.
• Support and oversee 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 on plans to mitigate risk or transfer matters 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 internal audits, loan review, compliance reviews, and regulatory examinations, and provide related support and responses.
• Comply with bank policies and procedures and applicable state and federal regulations.
• Serve as a client contact and maintain a high level of client responsiveness.

Benefits

• Medical, dental, vision, and life insurance
• Accidental death and dismemberment insurance
• 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 a 5% discount
• Critical illness insurance
• Accident insurance
• Transportation and commuting benefits
• Banking benefits
• Pet insurance
• Tuition reimbursement
• Annual discretionary bonus eligibility
• Family-friendly work hours
• Promote-from-within culture

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level