Portfolio Manager Team Lead, 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
The Portfolio Manager Team Lead, Commercial Real Estate manages the administration of a portfolio consisting of CRE Middle Market client credit exposures across asset classes while managing and prioritizing the workflow of all Portfolio Managers and Credit Analysts within a Lending Division.
What You'll Do
Collaborate with Bankers and other business teams to meet client credit requests, in adherence to Wintrust Credit policy
Monitor portfolio to accurately assign risk ratings to clients and facilities, ensuring packages are complete, accurate and thoroughly documented
Train, mentor, and develop portfolio managers, analysts and other junior members of the team
Help drive and support innovation and continuous efficiency improvements
Remain current on all aspects of the credit relationship, including exposure, compliance, potential problems and opportunities, notifying Bankers of any issues and interacting with clients as required
Provide cohesive and comprehensive approach to review ratings, risk assessment, portfolios, clients, and industries in assigned sector
Prepare and present quarterly and annual risk reviews
Serve as a client point of contact and responsible for collection of required client reporting
Monitor existing client credit on a daily basis for issues or concerns and maintain updated credit research on portfolio
Qualifications
Bachelor's degree in business, finance, accounting or related field; Master's degree preferred
Minimum 7 years' commercial credit experience with a strong understanding of Commercial Real Estate risk management and credit mitigants
Knowledge of risk ratings analysis, corporate finance and/or research with strong analytical and financial modeling ability
Proficiency using Microsoft Office software products including advanced Excel modeling skills; familiarity with Moody's analytics
Prior experience managing a team preferred but not required
Excellent verbal and written communication skills
Strong analytical, organizational and time management skills
Strong interpersonal skills with a proven ability establishing client relationships and working in 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 $98,000-$132,000, 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.
