Municipal Lender - Wintrust Government Banking

Wintrust Financial CorporationChicago, IL, United States

9 days ago

Salary

$117,000.00–$158,000.00 yearly

Job description

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its "Different Approach, Better Results" philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing / outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.

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

Why Join this Team?

Our team is in a unique position that allows us to collaborate with all Wintrust Charters, have exposure to executive management, and develop new client relationships

With a large and growing physical presence, award-winning customer service, excellent local bankers, high community involvement and competitive product offerings, we offer area local governments value that other banks can rarely match

Government Banking and Wintrust Government Funds partners with local bankers to offer innovative, tailored and industry-specific lending and treasury management solutions to area local governments. Together, we have quickly become a leading bank to governments where we have a physical presence. We are currently seeking a Municipal Lender to provide government lending expertise to Wintrust Charters generating more robust relationships with local government agencies. The ideal candidate will bring drive, creativity, resourcefulness, and passion for public service to continue growing our business in established and new markets.

What You'll Do

Identify requests from customers or promising in-market prospects that build or solidify banking relationships and boost market share

Structure loan terms to meet borrower objectives and fit their borrowing authority, mitigate risk and offer Lender an attractive return and / or other benefits

Underwrite new loan requests and navigate our internal credit approval process

Draft bid forms, term sheets, and commitments summarize approved terms

Manage the financing pipeline to meet all bid / commitment deadlines

Participate in client / prospect calls, association events and other outreach

Develop and maintain a referral network of internal and external Centers of Influence to generate new business opportunities

Portfolio Management :

Draft annual reviews or coordinating reviews of existing municipal exposure

Add and update existing exposure tracking systems and reports

Take on additional responsibilities in response to evolving circumstances

Qualifications

Bachelor's degree in business administration, finance, accounting, or related discipline

Minimum 7 years' commercial or investment banking and / or commercial credit experience, preferably within the municipal lending / public finance space

Passion for public service, building municipal finance expertise and relationships

Thorough understanding of general credit and risk principles, mitigates, and banking policies / procedures

Strong analytical and financial modeling abilities

Ability to effectively communicate both verbally and in writing with all levels of management, including lending personnel

Strong interpersonal skills with a proven ability to establish client relationships

Effective time management by balancing multiple priorities within individual workload

Proficiency using Microsoft Office products including advanced Excel modeling skills

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 $117,000-$158,000, 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 be Chicago's Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices. 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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.