VP, Credit Risk Oversight

## VP, Credit Risk Oversight Apply locations:
Rosemont, ILtime type:
Full time posted on:
Posted Todayjob requisition :
261274

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 12 years) and Employee Recommended award by the Globe & Mail (past 6 years).
* Competitive pay and discretionary or 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
* Promote from within culture.
** Why join this team?
*** Be part of a strong, mature, risk management governance framework.
* Option to work at corporate headquarters in Rosemont, IL or Countryside, IL location.
* We foster an inclusive environment for an individual to grow and work independently.
* Opportunity to interact with management level, experienced professionals **
- ** higher visibility.
* Wintrust has a great culture that comes from the top down.
* Gain experience and further your career by joining a growing organization.
** Position Overview
** The Credit Risk Oversight Specialist is part of the Credit Risk Oversight Team functioning as an independent second line of defense reporting to the VP Credit Risk Oversight Group Manager. The Credit Risk Oversight Specialist will conduct a systematic review of commercial, small business, specialty, or consumer loan portfolios to determine the accuracy of risk identification in the loan portfolio as well as the adequacy of documentation, administration, credit quality and loan performance.  

In addition, the Credit Risk Oversight Specialist will prepare business unit reports and other reports related to other bank wide credit risk related issues.
** What You’ll Do
*** Participate in the overall assessment of portfolio credit quality by assessing risk rating accuracy, timeliness of grade changes and appropriateness of supporting rationale.
* Ensure loan underwriting standards adhere to Wintrust policy and procedures, and policy exceptions are appropriate and mitigated effectively.
* Review loan documentation, collateral documentation and other credit administration and monitoring for adherence to Wintrust policy and procedure and to all relevant laws and regulations, as well as alignment with credit approval.
* Manage and/or co-manage internal credit risk oversight engagements.
* Perform continuous monitoring of assigned portfolios and quarterly charter reviews.
* Work with senior management to regularly update the credit risk oversight policies and procedures.
* Ensure adversely classified assets are identified and have appropriate action plans in place.
* Effectively listen and communicate with loan officers, business unit managers, senior Wintrust leadership, appropriate internal committees, external auditors and all regulatory bodies.
** Qualifications
* ** Bachelor’s degree in accounting, Finance, Economics, or a related discipline.
* Credit professional with at least five years of commercial credit experience, preferably with a background in commercial credit underwriting, credit risk management or loan/credit review.
* Strong credit analytical skills and credit process knowledge.
* Knowledge of the banking industry and regulatory guidelines as they relate to credit review and…