SBA Portfolio Manager (Finance)

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 incentive 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

Why join this team?

• Work with a collaborative team that puts their customers first

• Great opportunity to learn from experienced leaders in the industry

• Exposure to working on a variety of loans

What You'll Do:

• Prepare written credit approval memoranda and ancillary forms for SBA credit facilities

• Structure and underwrite SBA credit facilities in a manner which achieves the business profitability goals while staying within the bank's risk parameters and conforms with SBA SOP

• Review and analyze various types of individual and corporate financial statements

• Participate in customer and prospect calls as part of the underwriting and due diligence process

• Establish and maintain relationships with community bankers, business bankers, SBA team members within Wintrust Community Banks to appropriately service the existing SBA portfolio and ensure continued SBA compliance.

• Work with charter banks to evaluate SBA servicing requests using a thorough knowledge of loan policy, guidelines, procedures, and SBA standard operating procedures.  When appropriate, prepare credit memorandums documenting servicing approvals.

• Assist in the closing of loans, including reviewing internal and external documentation for accuracy

• Assist with SBA audits

• Executes exemplary portfolio management via the following by:

  • Coordinate quarterly SBA problem loan discussions with charter banks

  • Maintaining appropriate risk rating on all SBA 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

Qualifications:

• Minimum 1-3 years' commercial underwriting and/or portfolio management experience

• SBA underwriting experience preferred

• Formal credit training is a plus

• Bachelor's degree, preferably in a business-related field such as accounting or finance

• Sound understanding of commercial credit analysis techniques including cash flow, balance sheet analysis, evaluation of collateral and personal financial condition

• Expertise in spreading financial statements

• Strong organizational and time management skills along with the ability to proactively manage and prioritize workflow

• Ability to make sound decisions in a fast-paced, time-sensitive environment

• Demonstrated analytical and critical thinking skills

• Excellent oral and written communication skills

• Proficient in Microsoft Word and Excel; experience with nCino loan origination platform a plus

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 $71,000 - $92,000, 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.