Portfolio Manager, Commercial

Wintrust•Holland, MI

About The Position

The Portfolio Manager, Commercial supports Wintrust’s growing Middle Market Commercial Banking team and serves as a point of contact for client relations and interaction. The role analyzes financial statements for commercial businesses with revenues ranging from $20 million to $500 million and calculates credit metrics, including cash flow, leverage, working capital, and collateral coverage. The position manages an assigned commercial customer portfolio in partnership with relationship managers, monitors credit and portfolio risks, prepares credit packages, and structures and underwrites commercial loan transactions. It also coordinates required financial reporting, supports portfolio-management reporting, provides credit recommendations, reviews loan documentation, and responds to audits, loan reviews, compliance reviews, and regulatory examinations.

Requirements

Bachelor’s degree from an accredited institution, with a major in business, finance, economics, or accounting.
Minimum of 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 lending-process risks, including market, rate, and leverage risks.
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, with 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.
Support and oversee portfolio-management reporting, including delinquency, problem loans, exceptions, and tickler tracking, as designated by the CCO.
Coordinate the 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 plans to mitigate risk 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 internal audits, loan review, compliance reviews, and regulatory examinations, providing support and responses.
Comply with bank policies and procedures and applicable state and federal regulations.
Analyze commercial business financial statements and calculate credit metrics, including cash flow, leverage, working capital, and collateral coverage.
Serve as a point of contact for client relations and interaction.