Wintrust Financial Corporation

AVP, Credit Officer-WCF

Wintrust Financial Corporation$85K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of relevant experience in commercial finance and credit evaluation
  • Strong understanding of financial analysis, legal, and business aspects of transactions
  • Excellent customer interaction skills for effective communication
  • Proficiency in industry research and collateral analysis
  • Ability to prepare detailed investment write-ups and reviews

Responsibilities

  • Underwrite and analyze transactions for various finance and credit components
  • Coordinate documentation and closing activities with attention to risk management
  • Conduct detailed research on industries, businesses, and collateral
  • Prepare investment write-ups with sound recommendations
  • Perform annual reviews and assist in creating semiannual review packages
  • Collaborate with Legal and Operations for transaction effectiveness

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Life, accidental death, and dismemberment insurance
  • Short-term and long-term disability coverage
  • Parental leave and employee assistance program
  • 401(k) plan with company match and stock purchase plan
  • Transportation and commuting benefits
  • Pet insurance available
Full Job Description
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.

#LI-REMOTE

About Wintrust Financial Corporation

Wintrust Financial Corporation is a financial holding company that provides banking and other financial services to individuals and businesses in the Chicago metropolitan area and southern Wisconsin. The company operates through three business segments: community banking, specialty finance, and wealth management. Wintrust offers a range of banking products and services, including checking and savings accounts, loans, mortgages, and credit cards. The company also provides insurance, leasing, and treasury management services. Wintrust has a strong commitment to community involvement and has donated millions of dollars to local charities and non-profit organizations.
Learn more about Wintrust Financial Corporation
Size
5,239 employees
Market Cap
$5 billion
Industry
Net Income
$292.9 million
Founded
1995
5 Year Trend
+9.4%
NASDAQ

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