Talent.com
Portfolio Manager, Commercial
Portfolio Manager, CommercialWintrust • Rosemont, IL, United States
No longer accepting applications
Portfolio Manager, Commercial

Portfolio Manager, Commercial

Wintrust • Rosemont, IL, United States
30+ days ago
Job type
  • Full-time
Job description

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

The Portfolio Manager supports the rapidly growing Middle Market Commercial Banking team. In this role, you will be the point of contact for client relations and will be responsible for client interaction. The Portfolio Manager analyzes commercial business financial statements ranging from $20MM to $500MM in revenue and calculates critical credit metrics such as cash flow, leverage, working capital, and collateral coverage.

What You'll Do

  • Manage an assigned portfolio of commercial customers in partnership with the relationship manager
  • Provide support and oversight of reporting for portfolio management (delinquency, problem loans, exceptions, tickler tracking, etc.) as designated by the CCO
  • Coordinate collection and review of financial statements, tax returns, covenant compliance certificates, and / or borrowing bases to comply with customers' reporting requirements
  • Monitor assigned portfolio for early warning signs of financial weakness or other risks and work with borrowers to develop and execute an appropriate plan to mitigate risk and / or transfer to Special Assets Group
  • Prepare credit packages for annual reviews, renewals, loan requests, portfolio reviews and criticized asset reviews
  • Structure and underwrite complex commercial loan transactions in an assigned portfolio and new business transactions
  • Provide credit recommendations to the appropriate level of credit administration
  • Review and negotiate loan documentation in consultation with legal counsel and ensure renewals and modifications are properly closed
  • Serve as contact for, provide support of and responses to internal audits, loan review, compliance reviews and regulatory exams for the bank
  • Comply with all bank policies and procedures as well as applicable state and federal regulations
  • Qualifications

  • Bachelor's degree from an accredited institution with a business, finance, economics or accounting major
  • Minimum 5 years' financial services industry experience, with a working knowledge of banking environment, products and all supporting processes and technology; prior commercial credit experience highly preferred
  • Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies / procedures
  • Thorough understanding of risks (market, rate, leverage, etc.) as it applies to the lending process
  • Understanding of commercial lending policies and procedures along with the knowledge of loan agreement, loan structuring, and collateral procedures
  • Proficiency in MS Office : Excel, Word, PowerPoint, and financial forecast models
  • Excellent oral and written communications skills
  • Strong analytical and organizational skills with the ability to proactively manage and prioritize workflow
  • 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 $85,000-$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.

    #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.

    Create a job alert for this search

    Commercial Portfolio Manager • Rosemont, IL, United States

    Related jobs
    Senior Portfolio Manager, Commercial

    Senior Portfolio Manager, Commercial

    Wintrust • Rosemont, Illinois, USA
    Full-time
    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 sol...Show more
    Last updated: 3 days ago • Promoted
    Special Assets Portfolio Manager

    Special Assets Portfolio Manager

    Old Second National Bank • Downers Grove, IL, United States
    Full-time
    At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.With great employe...Show more
    Last updated: 2 days ago • Promoted
    Special Assets Portfolio Manager

    Special Assets Portfolio Manager

    Old Second Bancorp Inc • Downers Grove, IL, United States
    Full-time
    At Old Second, you're first! For more than 150 years, Old Second has consistently put businesses and individuals throughout the Chicago area first, and we're only getting started.With great employe...Show more
    Last updated: 1 day ago • Promoted
    Senior Portfolio Manager - Chemical

    Senior Portfolio Manager - Chemical

    Middough • Downers Grove, IL, United States
    Full-time
    Senior Portfolio Manager - Position and Responsibilities.As a Senior Portfolio Manager (SFM) with Middough, you will serve as a client account manager and be the primary point of contact for the cl...Show more
    Last updated: 30+ days ago • Promoted
    Remote Finance Director - AI Trainer ($50-$60 / hour)

    Remote Finance Director - AI Trainer ($50-$60 / hour)

    Data Annotation • Waukegan, Illinois
    Remote
    Full-time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the quality of ...Show more
    Last updated: 30+ days ago • Promoted
    Client Portfolio Manager- Commercial Banking

    Client Portfolio Manager- Commercial Banking

    Bankers' Bank • Elk Grove Village, IL, USA
    Full-time
    Quick Apply
    Bankers' Bank is a growing, state-chartered financial institution with over $1.In addition to specializing in providing correspondent banking products and services to community banks we also provid...Show more
    Last updated: 30+ days ago
    Partner Operations Manager

    Partner Operations Manager

    Xerox Corporation • Oak Brook, IL, United States
    Full-time
    Show more
    Last updated: 23 hours ago • Promoted
    Account Executive, Portfolio Manager - West

    Account Executive, Portfolio Manager - West

    Fresenius Kabi USA, LLC • Lake Zurich, IL, United States
    Full-time
    The Account Executive, Portfolio Manager is responsible for developing and maintaining relationships with key decision makers that lead to future business opportunities. The position will be focused...Show more
    Last updated: 30+ days ago • Promoted
    Director, ABL Portfolio Management

    Director, ABL Portfolio Management

    Fifth Third • Rosemont, IL, United States
    Full-time
    Make banking a Fifth Third better®.We connect great people to great opportunities.Are you ready to take the next step? Discover a career in banking at Fifth Third Bank. The Director, ABL Portfolio M...Show more
    Last updated: 19 days ago • Promoted
    Corporate Accounts Manager Environmental Testing (Remote)

    Corporate Accounts Manager Environmental Testing (Remote)

    Pace Analytical Services, LLC • Naperville, IL, United States
    Remote
    Full-time
    Monday through Friday, 8 : 00 AM - 5 : 00 PM.Are you ready to work making the world a safer, healthier place? Join our mission to continuously move science forward. to innovate and advance all aspects ...Show more
    Last updated: 30+ days ago • Promoted
    Corporate Accounts Manager Environmental Testing (Remote)

    Corporate Accounts Manager Environmental Testing (Remote)

    Pace Analytical Services • Vernon Hills, IL, US
    Remote
    Full-time
    Monday through Friday, 8 : 00 AM - 5 : 00 PM.Are you ready to work making the world a safer, healthier place? Join our mission to continuously move science forward. to innovate and advance all aspects ...Show more
    Last updated: 30+ days ago • Promoted
    Portfolio Manager

    Portfolio Manager

    Bank of Montreal • Barrington, IL, United States
    Part-time
    Provides high quality sales and service to investment clients to deliver an exceptional client experience.Provides technical expertise for all aspects of investment management and administration to...Show more
    Last updated: 11 days ago • Promoted
    Client Portfolio Manager- Commerical Banking

    Client Portfolio Manager- Commerical Banking

    Bankers Bank • Elk Grove Village, IL, United States
    Full-time
    Bankers' Bank is a growing, state-chartered financial institution with over $1.In addition to specializing in providing correspondent banking products and services to community banks we also provid...Show more
    Last updated: 30+ days ago • Promoted
    Portfolio Manager

    Portfolio Manager

    Crowe • Oakbrook Terrace, IL, United States
    Full-time
    Your Journey at Crowe Starts Here : .At Crowe, you can build a meaningful and rewarding career.With real flexibility to balance work with life moments, you're trusted to deliver results and make an i...Show more
    Last updated: 3 days ago • Promoted
    Manager Engineering - Co-Location

    Manager Engineering - Co-Location

    Constellation Energy • Joliet, IL, US
    Full-time
    As the nation's largest producer of clean, carbon-free energy, Constellation is focused on our purpose : accelerating the transition to a carbon-free future. We have been the leader in clean ener...Show more
    Last updated: 13 hours ago • Promoted • New!
    Commercial Sales Representative

    Commercial Sales Representative

    Infinity Painters Careers • Naperville, Illinois, US
    Full-time
    The Commercial Sales Representative is responsible for expanding our presence in the multifamily and association management space across the Chicagoland area. In this role, you’ll identify and devel...Show more
    Last updated: 3 days ago • Promoted
    Portfolio Property Manager

    Portfolio Property Manager

    HOATalent • Lombard, IL, United States
    Full-time
    Hillcrest Property Management is a premier team of community management professionals serving Chicago and the surrounding suburbs. Established in 1972, we specialize in townhome, HOA, and condominiu...Show more
    Last updated: 9 days ago • Promoted
    Commercial Portfolio Manager - To 140K - Deerfield, IL - Job 3282

    Commercial Portfolio Manager - To 140K - Deerfield, IL - Job 3282

    The Symicor Group • Deerfield, IL, US
    Full-time
    Quick Apply
    Commercial Portfolio Manager – To $140K – Deerfield, IL – Job # 3282.The Symicor Group is a boutique talent acquisition firm based in Lincolnshire, IL & Rockport, TX. Our nationally unique value...Show more
    Last updated: 30+ days ago