AVP, Managed Assets

DuPage, IL

Wintrust Financial

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POSTED ON: 06/05/2023

Wintrust is a financial holding company with approximately $

50 billion assets under management and traded on the NASDAQ:

WTFC. Built on the "HAVE IT ALL" model, Wintrust offers sophisticated technology and resources of a large bank while focusing on providing service-based community banking to each and every customer. Wintrust operates fifteen community bank subsidiaries with over 170 banking locations in the greater Chicago and southern Wisconsin market areas.

Additionally, Wintrust operates various non-bank business units including commercial and life insurance premium financing, short-term accounts receivable financing, out-sourced administrative services, mortgage origination and purchase, wealth management services and qualified intermediary services for tax-deferred exchanges.

Why Join Us?

An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 8 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 401

k plan with a generous company match and tuition reimbursement to name a few

Family-friendly work hours

With 175+ community bank locations, we offer opportunities to grow and develop in your career

Promote from within culture

Why join this team? We are a vibrant, team-oriented atmosphere that provides opportunities for individual growth;Our team is in a unique position that allows us to collaborate with multiple other departments, have exposure to executive management, and develop new reporting; We are seeking a critical thinker that’s willing to learn and not afraid of taking on new initiatives.

AVP – Managed Assets:

Manage a portfolio of problem commercial loans comprised of C&I credits. Develop and execute action plans to drive least loss/highest recovery results, contributing to the bank’s bottom line.

What You Will Be Doing:

Prepare and present action plans to maximize recovery of problem loans. Collect past due accounts, restructure workable credits, and liquidate collateral as warranted.

Manage assigned portfolio in accordance with management approved action plans. Meet with borrowers to negotiate terms for restructure or settlement. Perform site visits to inspect collateral. Interact with Wintrust charter banks and niche groups as problem loans are identified and assigned for active management in MAD.

Enforce bank’s legal rights and remedies working directly with outside counsel and third party professionals as necessary in litigation.

Report to management on the progress of the workout of the assigned portfolio.

Qualifications:3 to 5 plus years of commercial underwriting/banking/lending experience

Knowledge of Commercial fundamentals across all asset types

Strong analytical and writing skills

Excellent organizational and project management skills

Ability to take initiative

Willingness to be flexible and accommodate to changing demands

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

LI-KP1

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 be Chicago’s Bank® and Wisconsin's Bank®, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices.

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, national origin, sex, sexual orientation, gender identity and expressions, genetic information, marital status, age, disability, or status as a covered veteran or any other characteristic protected by law.

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