Wintrust Commercial Finance (WCF), an affiliate of Wintrust Financial Corporation, is looking for AVP-Credit Officer candidate. This position will have active involvement in the growth of a commercial finance business. WCF provides highly sophisticated finance and lease products to commercial enterprises throughout the United States in a wide range of industries. Wintrust Financial Corporation is a financial services holding company based in Rosemont, Illinois, with assets above $70 billion. Wintrust Financial Corporation is publicly traded under the symbol WTFC.
What You'll Do:- The candidate will be assigned to the Credit department with a focus on underwriting and portfolio management.
- Underwrite transactions and perform an analysis of all finance, credit, legal, and business aspects of prospective customers.
- Interact with customers and/or capital market partners to facilitate effective underwriting of a transaction.
- Conduct industry, business, and collateral research.
- Prepare thorough investment write-ups and periodic reviews with recommendations that exhibit thoughtful and well-reasoned decisions.
- Coordinate all documentation, lien perfection, and closing activities associated with approved transactions while exhibiting a strong understanding of potential risks and acceptable mitigants.
- Spread financial statements into WCF's standard format for further analysis.
- Work with Legal and Operations to facilitate effective transaction funding, reporting, and customer service.
- Perform annual reviews of existing obligors and assist in the preparation of semiannual review packages.
- Adhere to established WCF policies and procedures.
Knowledge/Skills/Background:- Resolves non-routine problems with specialized knowledge
- Applies comprehensive concepts within field
- Demonstrates considerable judgment in selecting methods
- Individual Contributor
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 annual salary range for this role is $85,000 to $110,000 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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