Senior Credit Officer at Wintrust Financial Corporation in Chicago, Illinois

Job Description:

Wintrust is a financial holding company with approximately $50 billion assets under management and traded on the NASDAQ:WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas. Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

Why join us?

• An award-winning culture!  We are rated a Top Workplace by the Chicago Tribune (past 8 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


• With 175+ community bank locations, we offer opportunities to grow and develop in your career


• Promote from within culture

Why join this team?

• We are a vibrant, team-oriented atmosphere that provides opportunities for individual growth;


• Our team is in a unique position that allows us to collaborate with multiple other departments, have exposure to executive management, and develop new reporting;


• We are seeking a critical thinker that’s willing to learn and not afraid of taking on new initiatives.

Senior Credit Officer – Commercial Real Estate:

The Senior Credit Officer is responsible for overseeing the credit functions of the Bank’s Commercial Real Estate credit operations team.  

This position sets the vision and strategic direction for the Commercial Real Estate department and manages the team of underwriters and credit officers.

What You Will Be Doing:

• Review of business loan applications and executes the highest level of loan authority. 


• Ensures the quality of an assigned portfolio and asset quality trends.


• Accountable for asset quality metrics of the loan portfolio.


• Participates in deal discussions both formally and informally to ensure early and ongoing dialog to resolve issues and to keep the process moving efficiently, providing timely support to Lenders.


• Supervises and leads criticized asset and portfolio review meetings


• Primary contact for audit, regulatory, and compliance for credit processes


• Reviews and assist the line with the development of term sheets or deal memos. Maintains local market knowledge and industry awareness. Communicates knowledge to others.


• Reviews and endorses recommendations from Market leadership for limits and adjustments to line officer authorities as appropriate. Participates in board meetings and presentations to bank senior management teams

Qualifications:

• Bachelor's degree with a business, finance, economics or accounting major (preferred)


• Formal Bank credit training is preferred, with a strong understanding of general credit and risk principles, mitigates, and banking policies/procedures


• MBA or CFA is desired, but not required.


• 15 + years Commercial Real Estate Credit Middle Market Experience.

• Excellent oral and written communications skills. Strong analytical, organizational and time management skills. Proven ability to manage tasks in a timely and efficient manner.


• Strong interpersonal skills used within a team environment and in client interaction with emphasis on relationship building


• Ability to proactively manage and prioritize work flow.

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.