Private Client Banker III

Wintrust•Chicago, IL

1d•$141,000 - $190,000

About The Position

Wintrust Bank is seeking a senior-level banker to join its Wealth Services team. The role focuses on cultivating new relationships and strengthening existing relationships with high-net-worth clients by providing customized banking and lending solutions. The banker works with internal partners across business lines to identify clients’ lending and deposit needs and support profitable portfolio growth. The position involves assessing client needs, structuring and underwriting credit, identifying appropriate risk mitigation, and coordinating deals through underwriting and closing. It also includes maintaining loan documentation, managing renewals and collection efforts, and collaborating with peers while mentoring junior team members to deliver strong client service.

Requirements

At least 7 years of experience developing and managing relationships with high-net-worth clients.
Hands-on experience applying deep credit expertise and working knowledge of investment portfolios and trust solutions.
Demonstrated experience working in a team environment and introducing appropriate partners and investment, trust, and banking solutions to high-net-worth individuals, families, and institutions.
Ability to apply credit expertise, identify risk, and complete necessary analysis and documentation to achieve credit actions.
Proficiency in Microsoft Office products.

Nice To Haves

Formal credit training.
A college degree, preferably in Business, Finance, Accounting, Real Estate, or Economics.

Responsibilities

Maintain and develop an existing portfolio by assessing and supporting high-net-worth clients’ banking and customized lending needs, with the goal of profitable growth.
Develop new relationships through creative credit and non-credit solutions and by leveraging other business partners.
Negotiate appropriate loan structures and cross-sell products.
Maintain a comprehensive understanding of current lending products and stay informed about relevant industry trends and practices.
Analyze and underwrite credit, structuring deals to connect client needs with appropriate risk mitigation.
Present at Loan Committee when applicable and drive deals through the underwriting and closing process.
Maintain properly documented files and manage renewals and collection efforts on past-due and defaulted loans.
Collaborate with peers and mentor junior team members to support superior client service.
Work with internal partners to identify and address private clients’ lending and deposit needs.