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SVP – Managed Assets Division

SVP – Managed Assets Division

CompanyWintrust
LocationChicago, IL, USA
Salary$95000 – $158000
TypeFull-Time
DegreesBachelor’s
Experience LevelExpert or higher

Requirements

  • Bachelor’s degree in business, finance, economics, or related major
  • 10+ years’ commercial loan workout experience with C&I or CRE loans
  • Knowledge of commercial fundamentals across all asset types
  • Demonstrated proficiency in portfolio management and monitoring, negotiating, and litigation management
  • Strong verbal and written communication skills
  • Excellent analytical and organizational skills
  • Ability to take initiative and willingness to be flexible and accommodate changing demands

Responsibilities

  • Manage assigned portfolio of distressed loans
  • Conduct in-depth analysis into lending relationships in order to formulate and propose an appropriate course of action
  • 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
  • Collect past due accounts, restructure workable credits, and liquidate collateral as warranted

Preferred Qualifications

    No preferred qualifications provided.