Portfolio Manager II - SBA Underwriter

Wintrust Financial Corporation•Des Plaines, IL

1d•$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.”

Requirements

3+ years of SBA experience; servicing and liquidation experience preferred
Bachelor's degree preferred
Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, and banking policies/procedures
Must have excellent time management and organizational skills with an attention to detail
Exceptional written and verbal communication skills, along with interpersonal and customer service skills
Proficiency using Microsoft Office products

Responsibilities

Prepare credit presentations for SBA loan transactions.
The presentations must include a thorough analysis of the financial condition of applicant and guarantor.
Accurately reviews financial statements and tax returns submitted by applicant and is capable of evaluating a borrower’s ability to repay.
Recognizes trends, positive or negative, impacting risk to repayment, the Bank’s collateral position or ability of the business to satisfactorily operate.
Partner with lenders to proactively manage and service the SBA loan portfolio with the assistance of SBA’s lender portal information.
Recommends risk rating adjustments, higher or lower, supported by changes in the borrower’s financial condition, collateral or other factors impacting the credit’s risk.
Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
Develop a working knowledge of credit/loan policy for credit requests and exceptions
Continually improve SBA product knowledge.
Complete all required compliance training in a timely manner and perform other duties as necessary to support the goals and objectives of the bank.
Perform collateral analysis of current and prospective customers
Manage covenant compliance testing and maintain annual reviews as needed