Portfolio Manager 2

Job Description

Overview

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.”

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 12 years) and Employee Recommended award by the Globe & Mail (past 6 years):

Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few:

Responsibilities

Underwrite existing LIHTC debt and equity portfolio credit approvals for renewals and other Credit requests pertaining to existing clients
Underwrite opportunity memos and full credit approvals for new affordable housing business clients
Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit or investment of equity.
Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis.
Develop a working knowledge of credit/loan policy for credit requests and exceptions
Perform collateral analysis of current and prospective customers
Actively participate in existing client and potential new client meetings/site visits with banking team
Handle various aspects of a customer relationship except negotiations pertaining to pricing and loan structuring
Maintenance of Annual Review form for multi-year CRE borrowing facilities for existing clients
Work with external and internal business partners on review of deal related legal documents and assist with closings
Ongoing monitoring, tracking, and management of the reporting requirement and loan documentation exception process

Qualifications

3+ years’ commercial real estate/credit experience, with experience working on LIHTC transactions, a working knowledge of banking environment, products and all supporting processes and technology
Bachelor’s degree (Business, Finance, Accounting or Economics preferred)
Intermediate to advanced understanding of LIHTC
Proficiency in MS Office: Excel, Word, PowerPoint, and financial forecast models
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

Preferred Qualifications

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

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