Portfolio Manager II, Community Development

Wintrust is a $66 billion financial institution based in Rosemont, Illinois, operating through 16 bank charters and nine non‑bank businesses.

• 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
• Effective communication with Credit and Commercial Real Estate Banking Officers

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

The estimated salary range for this role is $85,000-$110,000, along with eligibility to earn an annual bonus.

• 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

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.