Team Lead Portfolio Management CRE

Wintrust Financial Corporation • Chicago, IL

3d • $117,000 - $158,000 • Hybrid

About The Position

The Portfolio Manager Team Lead, Commercial Real Estate manages the administration of a portfolio consisting of CRE Middle Market client credit exposures across various asset classes while managing and prioritizing the workflow of a team of Portfolio Managers and Credit Analysts with varying experience levels.

Requirements

• Bachelor’s degree in business, finance, accounting or related field
• Minimum 7 years’ commercial credit experience with a strong understanding of Commercial Real Estate credit principles, risk management and mitigation, and banking policies/procedures
• Excellent verbal and written communication skills
• Strong analytical, organizational, and time management skills
• Strong interpersonal skills with a proven ability to establish relationships and work in a team environment

Nice To Haves

• Prior experience managing a team preferred but not required

Responsibilities

• Assignment, management, and prioritization of ongoing workflow.
• Mentoring Portfolio Managers and Credit Analysts by auditing work products and providing feedback.
• Contributing to the organizational development of these employees.
• Serving as the liaison between assigned Lending and Portfolio Management teams assuring new business activities are prioritized while portfolio management responsibilities (renewals, annual reviews, covenant testing, reporting exceptions, documentation exceptions, etc.) are properly managed in accordance with Wintrust Credit Policy.
• Providing a layer of quality control in the underwriting process by reviewing work and providing feedback to Portfolio Managers and Credit Analysts to ensure analysis and underwriting documents are accurate, risks are properly identified and mitigated, and a structure is in place to appropriately govern the credit based on risk profile.
• Overseeing all portfolio management activities in order to monitor portfolio performance, accurately assign risk ratings, and proactively address potential concerns.
• Training, mentoring, and developing Portfolio Managers and Credit Analysts.
• Managing quarterly and annual risk reviews.
• Helping drive and support innovation and continuous efficiency improvements.

Benefits

• 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
• Competitive pay
• Annual discretionary bonus eligible
• Tuition reimbursement

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level