Wintrust Receivable Finance Relationship Manager

About the role

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.”

Responsibilities

• Work closely with the Portfolio Manager in day-to-day responsibilities including but not limited to:
• Maintaining an effective line of communication on assigned accounts to ensure a high level of portfolio monitoring
• Monitoring and updating ticklers, ensuring client is in compliance with collateral reporting (AR, AP, financials, etc.)
• Monitoring Account Debtor credit exposure limits, ensuring timely reviews and updates
• Reviewing and approving AR collateral schedules after they have been processed
• Working with the borrower to resolve any questions/issues relating to collateral, reporting requirements, etc. and approve daily client advance requests
• Completing necessary Credit Approval documents for prospects, renewals, line increases, etc.
• Reviewing trend cards and actively participating in portfolio reviews
• Adhering to Bank Compliance policies and procedures
• Performing all other duties as required

Qualifications

• Associate or bachelor’s degree in accounting, finance, or business related field preferred
• Minimum 5 years of receivables finance and/or ABL experience, including commercial underwriting
• Must be detail focused and well organized with the ability to multitask
• Good interpersonal and customer relations skills are required to deal with clients and department personnel
• Ability to proactively and confidently communicate verbally and in writing will all levels of management, clients and attorneys
• Able to work independently and use independent judgment with minimal supervision
• Strong knowledge of Microsoft Office applications (specifically MS Excel) and ability to pick up on new systems quickly

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

Pay

The estimated salary range for this role is $98,000-$132,000, 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.

Schedule

Details on the schedule are not specified in the job posting.