Portfolio Manager / Business Development- Itasca, IL at Wintrust Financial Corporation in Itasca, Illinois

Job Description:

Excellent opportunity to expand and grow career in business banking, and work on larger deals, utilizing businss credit knowledge.

Responsible for managing a portfolio of credit relationships - including gathering, analyzing and underwriting all business and personal financial data collected for the purpose of issuing, extending, amending, reviewing, monitoring and testing a commercial credit facility. The Employee is expected to liaise between all parties to ensure timely and efficient analysis that meets the expectations of the Borrowers, Lenders and Administration Team. Additionally, the Employee is responsible for expanding their relationships by cross-selling the Banks products and services, when appropriate. This position provides exceptional customer service by taking ownership of the customer experience.

Responsible for annual goals tied to loan and deposit volume, cross-sales, call planning and fee income generation.
Managing and growing existing customer relationships with businesses that generally have $0M to $1M to $10M in revenue.

• Takes ownership of credit sheet content and quality by working closely with credit analysts on their successful and timely completion.
  
  
• Executes exemplary portfolio management via the following by:
  
  
  
  • Maintaining appropriate risk rating on all credits at all times
    
    
  • Managing administrative past dues to 0% at all times
    
    
  • Managing delinquencies as close to 0% at all times
    
    
  • Keeping documentation exceptions to a minimum
    
    
  • Maintaining covenant tracking without missing testing dates
    
    
  
  
• Limit reporting tickler exceptions to a minimum
  
  
• Takes part in bank events during and after hours.
  
  
• Responsible for understanding the impact of lending on the bank's CRA goals.
  
  
• Community Involvement: nonprofit board involvement; community volunteerism
  
  

Founded in 1991 with the idea to be the alternative to the big banks, Wintrust has since grown into a financial services company with more than $45 billion in assets, headquartered in Rosemont, Illinois. Through our multiple companies and divisions, we provide traditional community banking and commercial banking services, wealth management solutions, commercial and life insurance premium financing, mortgage origination, and short-term accounts receivable financing and certain administrative services, such as data processing of payrolls, billing, and treasury management services. We provide community-oriented personal and business banking services to customers located in the greater Chicagoland area, northwest Indiana, and southern Wisconsin through more than 175 community bank locations.

LI-POST

• Bachelor degree or equivalent
• Moderate, local travel. 10% - 50%
• at least 3 years of relevant work experience

We provide an engaging, dynamic work environment, an excellent compensation package including 401k, employee stock purchase plan, medical/dental, life insurance and more!

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, citizenship status, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran. We request applicants refrain from disclosing current or historical compensation information during the recruitment process; any disclosed detail will not be taken into account as applicants are considered for employment.

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