Senior Portfolio Manager, Commercial Real Estate (Mt Prospect)

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 Senior Portfolio Manager, CRE will assist and manage a portfolio of commercial real estate credits / relationships in a fast-paced, regulated environment. The ideal candidate is initiative-taking, has strong analytical and writing skills, and can multi-task across job functions, various client needs and competing bank priorities.

What Youll Do

Provide accurate financial analysis, profitability, and risk assessment to make lending decisions on new, renewal and extension loans for the following asset types : multifamily, office, medical office, industrial, retail, and self-storage

Create comprehensive, detailed, and thoughtful opportunity memos and full credit approvals for new business clients which will include client and sponsors background, history, market experience and global real estate portfolio

Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit

Oversee documentation and ongoing monitoring of asset and client performance

Work with relationship managers and loan administration to facilitate loan closings, modifications, and renewals

Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis

Review and process construction draws in conjunction with the construction loan administration department, title company and borrower

Work with external and internal business partners on review of deal related legal documents

Develop a working knowledge of credit / loan policy for credit requests and exceptions

Review credit approval memorandums and attorney-prepared loan documents for new and renewed loans to ensure compliance and adherence to the loan approval guidelines

Interact with lending staff, deal teams and clients in a welcoming and professional manner

Qualifications

Bachelors degree (Business, Finance, Accounting or Economics preferred)

Strong understanding of general credit and risk principles, and banking policies / procedures; formal bank credit training is preferred

Minimum 5 years commercial real estate credit, portfolio management and / or commercial lending experience

Strong analytical and business writing skills

Experience with cash flow modeling, lease abstracting and financial statement analysis

Good interpersonal skills with internal partners, counsel, clients and senior management

Accounting and finance knowledge, as well as knowledge of real estate fundamentals and concepts

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

Compensation

The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidates qualifications, skills and experience.

#LI-AC1

From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.