Job Description

Wintrust is a financial holding company with approximately $62 billion in assets whose common stock is traded on the NASDAQ Global Select Market. Guided by its xe2x80x9cDifferent Approach, Better Resultsxe2x80x9d philosophy, Wintrust offers the sophisticated resources of a large bank while providing a community banking experience to each customer. Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market areas. In addition, Wintrust operates various non-bank business units, providing residential mortgage origination, wealth management, commercial and life insurance premium financing, short-term accounts receivable financing/outsourced administrative services to the temporary staffing services industry, and qualified intermediary services for tax-deferred exchanges. Our unique business model is a competitive strength and value driver, powered by our talented colleagues who put our customers first and achieve better results for our clients.Why join us?An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 11 years) and Employee Recommended award by the Globe & Mail (past 6 years)Competitive pay and annual discretionary bonus eligibleComprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company matches and tuition reimbursement to name a fewFamily-friendly work hoursPromote from within cultureThe VP, Special Assets manages a portfolio of problem commercial loans comprised of C&I and CRE credits. In this role, you will play a vital role in mitigating the Bankxe2x80x99s risk by working with clients to determine an appropriate course of action, driving highest recovery results.What Youxe2x80x99ll DoManage assigned portfolio of distressed loansConduct in-depth analysis into lending relationships in order to formulate and propose an appropriate course of actionMeet with borrowers to negotiate terms for restructure or settlement; perform site visits to inspect collateralInteract with Wintrust charter banks and niche groups as problem loans are identified and assigned for active management in MADEnforce bankxe2x80x99s legal rights and remedies working directly with outside counsel and third-party professionals as necessary in litigationCollect past due accounts, restructure workable credits, and liquidate collateral as warrantedQualificationsBachelorxe2x80x99s degree in business, finance, economics, or related major7+ yearsxe2x80x99 commercial experience including origination and/or workout experience with C&I or CRE loansKnowledge of commercial fundamentals across all asset typesDemonstrate proficiency in portfolio management and monitoring, negotiating, and litigation managementStrong verbal and written communication skillsExcellent analytical and organizational skillsAbility to take initiative and willingness to be flexible and accommodate changing demandsBenefitsMedical Insurance xe2x80xa2 Dental xe2x80xa2 Vision xe2x80xa2 Life insurance xe2x80xa2 Accidental death and dismemberment xe2x80xa2 Short-term and long-term Disability Insurance xe2x80xa2 Parental Leave xe2x80xa2 Employee Assistance Program (EAP) xe2x80xa2 Traditional and Roth 401(k) with company match xe2x80xa2 Flexible Spending Account (FSA) xe2x80xa2 Employee Stock Purchase Plan at 5% discount xe2x80xa2 Critical Illness Insurance xe2x80xa2 Accident Insurance xe2x80xa2 Transportation and Commuting Benefits xe2x80xa2 Banking Benefits xe2x80xa2 Pet Insurance#LI-AC1From 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 Chicagoxe2x80x99s Bankxc2xae and Wisconsin's Bankxc2xae, 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.

Wintrust Financial