Senior Portfolio Manager, Commercial Real Estate
Senior Portfolio Manager, Commercial Real Estate
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 85000 - 110000
1 Vacancy
Job Description
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 matches and tuition reimbursement to name a few
Family-friendly work hours
Promote from within culture
The Senior Portfolio Manager CRE will assist and manage a portfolio of commercial real estate credits/relationships in a fast-paced regulated environment. The ideal candidate is initiative-taking has strong analytical and writing skills and can multi-task across job functions various client needs and competing bank priorities.
What Youll Do
Provide accurate financial analysis profitability and risk assessment to make lending decisions on new renewal and extension loans for the following asset types: multifamily office medical office industrial retail and self-storage
Create comprehensive detailed and thoughtful opportunity memos and full credit approvals for new business clients which will include client and sponsors background history market experience and global real estate portfolio
Independently analyze credit and financial information of property and individuals to determine the degree of risk associated with the extension of credit
Oversee documentation and ongoing monitoring of asset and client performance
Work with relationship managers and loan administration to facilitate loan closings modifications and renewals
Proactively manage covenant compliance testing for existing clients and new clients on an ongoing basis
Review and process construction draws in conjunction with the construction loan administration department title company and borrower
Work with external and internal business partners on review of deal related legal documents
Develop a working knowledge of credit/loan policy for credit requests and exceptions
Review credit approval memorandums and attorney-prepared loan documents for new and renewed loans to ensure compliance and adherence to the loan approval guidelines
Interact with lending staff deal teams and clients in a welcoming and professional manner
Qualifications
Bachelors degree (Business Finance Accounting or Economics preferred)
Strong understanding of general credit and risk principles and banking policies/procedures; formal bank credit training is preferred
Minimum 5 years commercial real estate credit portfolio management and/or commercial lending experience
Strong analytical and business writing skills
Experience with cash flow modeling lease abstracting and financial statement analysis
Good interpersonal skills with internal partners counsel clients and senior management
Accounting and finance knowledge as well as knowledge of real estate fundamentals and concepts
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 $85000-$110000 along with eligibility to earn an annual bonus. Actual salaries may vary based on several factors such as a candidates 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 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.
Required Experience:
Manager
Employment Type
Full-Time
