Wintrust Asset Finance is an equipment-focused financing group that offers sophisticated loan and lease products to commercial companies throughout the country in a wide range of industries, including transportation, construction, manufacturing, energy services, aviation, and turn-key property, plant, and equipment, among others. Wintrust Asset Finance is an affiliate of Wintrust, a financial services company with more than $50 billion in assets.
- An award-winning culture! We are rated a Top Workplace by the Chicago Tribune (past 10 years) and Employee Recommended award by the Globe & Mail (past 6 years)
- Competitive pay and discretionary or incentive bonus eligible
- Comprehensive benefit package including medical, dental, vision, life, a 401k plan with a generous company match and tuition reimbursement to name a few
- Family-friendly work hours
- With 175+ community bank locations, we offer opportunities to grow and develop in your career
- Promote from within culture
Why join this team?
- We have a culture that encourages an entrepreneurial spirit
- We offer multiple opportunities for development and upward mobility
Job Description Summary
Wintrust Commercial Finance (WCF), an affiliate of Wintrust Financial Corporation, is looking for an experienced candidate for Vice President – Credit. 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.
What You’ll Do
- Conduct industry, business, and collateral research.
- Interact with customers in a concise and thorough manner to facilitate effective underwriting.
- Underwrite complex transactions and perform comprehensive analysis of all finance, credit, legal, and business aspects of prospective customers.
- Prepare thorough investment write-ups 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.
- Mentor and train junior credit professionals in support of WCF’s credit guidelines.
- Work with Legal and Operations to facilitate effective transaction funding, reporting, and customer service.
- Perform customer collections and work out activities, as necessary.
Knowledge/Skills/Background/Experience
- Candidate should possess at least 10+ years of prior bank or finance company experience.
- Preferred candidate will have underwriting experience with commercial truck dealer finance.
- Self-starter with ability to manage multiple credit underwritings and documentation closings under time constraints.
- Attention to detail with demonstrated ability to accurately analyze financial information and make well-reasoned business decisions.
- Ability to accurately communicate results of credit analysis in a complete and concise manner, both written and verbal.
- In depth knowledge of loan and lease documentation and lien perfection. Ability to effectively negotiate documentation issues with customers and outside counsel.
- Proficient using Word, Excel, Outlook, Power Point, TValue, and SuperTrump.
- Bachelor’s degree preferred course of study to include substantial exposure to finance, accounting and economics.