Portfolio Manager, Commercial Real Estate (Real Estate)
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 match and tuition reimbursement to name a few
Family-friendly work hours
Promote from within culture
What You'll Do
The Commercial Real Estate Banking segment of Wintrust provides customized and comprehensive solutions to create value and help meet the strategic priorities and evolving needs of our real estate clients and prospects which include best-in-class national/regional developers, investors, and owners of non-owner occupied real estate. The Commercial Real Estate Team is seeking a Portfolio Manager who will learn the business trade and our relationships. The ideal candidate is self-motivated and can multi-task across job functions, various client needs and competing bank priorities.
Underwrite existing portfolio credit approvals for renewals and other Credit requests pertaining to existing clients
Underwrite opportunity memos and full credit approvals for new business clients
Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis
Develop a working knowledge of credit/loan policy for credit requests and exceptions
Perform collateral analysis of current and prospective customers
Actively participate in existing client and potential new client meetings/site visits with banking team
Maintain Annual Review form for multi-year CRE borrowing facilities for existing clients
Work with external and internal business partners on review of deal related legal documents
Monitor, track, and manage the reporting requirement exception and loan documentation processes
Maintain effective communication with Credit and Commercial Real Estate Banking Officers
Qualifications:
3+ years' commercial real estate/credit experience
Bachelor's 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
Working knowledge of banking environment, products and all supporting processes and technology
Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow
Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
Strong interpersonal skills with a proven ability establishing client relationships and working within a team environment
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 $71,000 - $110,000, along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors, such as a candidate's qualifications, skills and experience.
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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.
