Wintrust Receivable Finance Relationship Manager

Wintrust Financial Corporation•Chicago, IL

9d•$98,000 - $132,000

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. The Wintrust Receivable Finance Relationship Manager manages daily collateral and loan analysis for their assigned portfolio of Wintrust Receivable Finance clients and assists in new client onboarding. Reporting directly to the Team Lead, the Relationship Manager is the main point of contact between Wintrust Receivable Finance and our clients.

Requirements

Associate or bachelor’s degree in accounting, finance, or business related field preferred
Minimum 5 years of receivables finance and/or ABL experience, including commercial underwriting
Must be detail focused and well organized with the ability to multitask
Good interpersonal and customer relations skills are required to deal with clients and department personnel
Ability to proactively and confidently communicate verbally and in writing will all levels of management, clients and attorneys
Ability to work independently and use independent judgment with minimal supervision
Strong knowledge of Microsoft Office applications (specifically MS Excel) and ability to pick up on new systems quickly

Responsibilities

Work closely with the Portfolio Manager in day-to-day responsibilities including but not limited to: Maintaining an effective line of communication on assigned accounts to ensure a high level of portfolio monitoring
Monitoring and updating ticklers, ensuring client is in compliance with collateral reporting (AR, AP, financials, etc.)
Monitoring Account Debtor credit exposure limits, ensuring timely reviews and updates
Reviewing and approving AR collateral schedules after they have been processed
Work with the borrower to resolve any questions/issues relating to collateral, reporting requirements, etc. and approve daily client advance requests
Complete necessary Credit Approval documents for prospects, renewals, line increases, etc.
Review trend cards and actively participate in portfolio reviews
Adhere to Bank Compliance policies and procedures
Perform all other duties as required

Benefits

Competitive pay and annual discretionary bonus eligible
Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
Family-friendly work hours
Promote from within culture
Medical Insurance
Dental
Vision
Life insurance
Accidental death and dismemberment
Short-term and long-term Disability Insurance
Parental Leave
Employee Assistance Program (EAP)
Traditional and Roth 401(k) with company match
Flexible Spending Account (FSA)
Employee Stock Purchase Plan at 5% discount
Critical Illness Insurance
Accident Insurance
Transportation and Commuting Benefits
Banking Benefits
Pet Insurance