Portfolio Manager II, CRE

Wintrust•Lake Forest, IL

2d•$85,000 - $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.” Why join us? An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years) Competitive pay and annual discretionary bonus eligible Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company matches and tuition reimbursement to name a few Family-friendly work hours Promote from within culture The Commercial Real Estate Banking segment is seeking a CRE Portfolio Manager with a sound knowledge of commercial real estate finance/lending and credit with the expectation that these skills will be further developed while in this role. Responsibilities include independent analysis and underwriting of moderate to complex real estate transactions, completing portfolio management tasks such as preparing annual reviews and testing covenants, and interacting with clients by email, phone, and in person. Applicants should be able to manage simpler transactions with little guidance and contribute to more complex transactions with guidance from senior staff. Applicants should have strong communication and business writing skills and be able to easily analyze basic real estate documents. The ideal candidate is self-motivated and can multi-task across job functions, client needs and competing bank priorities.

Requirements

5+ 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