Portfolio Manager Team Lead, Commercial Banking
CHICAGO, ILPosted 25 days ago
Job summary
Job post source
This job is directly from Wintrust Financial Corporation
Job overview
The Portfolio Manager Team Lead, Commercial Banking at Wintrust Financial Corporation manages a large commercial loan portfolio and leads a team to support commercial banking initiatives, impacting the bank's risk management and client relationships.
Responsibilities and impact
The role involves supervising Portfolio Managers and Credit Analysts, managing workflow, mentoring staff, handling complex loan portfolios, reviewing credit approvals, ensuring compliance with bank policies, and serving as a liaison between credit and lending teams.
Compensation and benefits
The salary range is estimated between $117,000 and $175,000 with eligibility for an annual bonus. Benefits include medical, dental, vision, life insurance, disability, parental leave, 401(k) with company match, employee stock purchase plan, and various other insurance and commuting benefits.
Experience and skills
Candidates should have a bachelor's degree in business, finance, or accounting (master's preferred), 10+ years in financial services with commercial credit experience preferred, formal credit training, strong communication and analytical skills, and preferably prior team management experience.
Career development
Wintrust promotes from within and offers career planning, mentorship, and organizational development opportunities for employees.
Work environment and culture
Wintrust values a relationship-focused, personalized service culture with a family-friendly work environment and has been recognized as a top workplace multiple times.
Company information
Wintrust Financial Corporation is a $66 billion financial institution with 16 bank charters and nine non-bank businesses, serving clients nationwide with a strong community banking focus and listed on NASDAQ under WTFC.
Team overview
The candidate will lead a team of Portfolio Managers and Credit Analysts with varying experience levels, managing a sizable commercial banking portfolio.
Job location and travel
The company is based in Rosemont, Illinois, with branch and commercial banking offices in multiple states including Illinois, Florida, Indiana, Michigan, Wisconsin, Chicago, Denver, Milwaukee, and Grand Rapids.
Unique job features
The role offers the opportunity to manage a complex portfolio exceeding $500 million, with a focus on quality control in underwriting and direct involvement in new business initiatives and risk management.
Company overview
Wintrust Financial is a diversified financial services company headquartered in Rosemont, Illinois. It operates through three primary segments: community banking, specialty finance, and wealth management. The company generates revenue by offering traditional banking services, commercial and industrial loans, mortgage origination, and various financial advisory services. Founded in 1991, Wintrust has grown through strategic acquisitions and organic growth, establishing a strong presence in the Chicago metropolitan area and southern Wisconsin. Understanding its commitment to community banking and customer-focused services is crucial for potential candidates.
How to land this job
Position your resume to highlight your leadership skills in managing commercial banking portfolios and teams, emphasizing your experience with portfolio administration and mentoring staff.
Focus on showcasing your expertise in credit analysis, underwriting, risk assessment, and your ability to manage complex commercial loan portfolios exceeding $500MM.
Apply through multiple platforms including Wintrust Financial Corporation’s official corporate careers page and LinkedIn to maximize your application’s visibility.
Connect with current employees in Wintrust’s commercial banking division on LinkedIn; use ice breakers such as commenting on recent company awards or asking about their experience working in portfolio management at Wintrust.
Optimize your resume for ATS by incorporating keywords from the job description such as 'portfolio management,' 'credit analysis,' 'risk rating,' 'commercial loans,' and 'team leadership' to ensure your resume passes initial automated screenings.
Leverage Jennie Johnson’s Power Apply feature to automate tailored applications, identify multiple application channels, and find relevant LinkedIn contacts, allowing you to focus your time on preparing for interviews and networking effectively.
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