Portfolio Manager II, CRE

Wintrust•Rosemont, IL

20h•Onsite

About The Position

The Portfolio Manager II, CRE will assist and manage a portfolio of commercial real estate credits/relationships in a fast-paced, regulated environment. The ideal candidate is initiative-taking, has strong analytical and writing skills, and can multi-task across job functions, various client needs and competing bank priorities.

Requirements

Bachelor’s degree (Business, Finance, Accounting or Economics preferred)
Strong understanding of general credit and risk principles, and banking policies/procedures; formal bank credit training is preferred
Minimum 3 years’ commercial real estate credit, portfolio management and/or commercial lending experience
Strong analytical and business writing skills
Experience with cash flow modeling, lease abstracting and financial statement analysis
Good interpersonal skills with internal partners, counsel, clients and senior management
Accounting and finance knowledge, as well as knowledge of real estate fundamentals and concepts

Responsibilities

Provide accurate financial analysis, profitability, and risk assessment to make lending decisions on new, renewal and extension loans for the following asset types: multifamily, office, medical office, industrial, retail, and self-storage
Create comprehensive, detailed, and thoughtful opportunity memos and full credit approvals for new business clients which will include client and sponsors’ background, history, market experience and global real estate portfolio
Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
Oversee documentation and ongoing monitoring of asset and client performance
Work with relationship managers and loan administration to facilitate loan closings, modifications, and renewals
Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis
Review and process construction draws in conjunction with the construction loan administration department, title company and borrower
Work with external and internal business partners on review of deal related legal documents
Develop a working knowledge of credit/loan policy for credit requests and exceptions
Review credit approval memorandums and attorney-prepared loan documents for new and renewed loans to ensure compliance and adherence to the loan approval guidelines
Interact with lending staff, deal teams and clients in a welcoming and professional manner